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Re: [sharechat] SKC--Sky City--Expansion (Hotel) + spec. Dividen


From: "tennyson@caverock.net.nz" <tennyson@caverock.net.nz>
Date: Sun, 10 Nov 2002 19:22:58 +0000


Hi Gerry,

>
> 
>I wrote in another post:
>"But the important point is this: The secret is to have everything
>concentrated on that large SKC complex. Once the Directors move
>outside that, mistakes can happen as we have seen".
> 
>Actually, SKC is lucky to have so many activities going this year!
> 
>

I think it is fair comment that some investors on this , and 
others, can be a bit impatient.   Before SKC came on the scene that 
Adelaide Casino was obviously a bit of a dog.  It takes time to 
change reputations.  The transition from the tired place of the 
crusty fool, to the action centre for the hip and cool was never 
going to happen overnight.

Furthermore that SKC board are in business and to a large extent 
business people are paid to take risks.  Calculated risks mind you, 
but there is never a guarantee that all new ventures will pan out 
according to plan.  I for one am prepared to give SKC management a 
bit more time to improve their batting average.

SNOOPY




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