Forum Archive Index - May 2003

["G Stolwyk" <stolwyk@wave.co.nz>]

I don't believe SKC will issue one although AIA did.

 

SKC doesn't have to issue a statement unless there is a material change (continuous disclosure).

 

The situation in Australia is vastly different than in NZ.

 

The reasons for this have been very fully explained in the other channel.

 

In any case: "Jupiter's Ltd expects the deadly SARS virus to depress its pre-tax earnings by up to $3 million in 2002-03", makes little sense for this giant.
 

 

This was my latest post in Sharetrader:

 

I heard that there is lower Hotel occupancy but the all important gaming revenues are up. These comprise 75-80% of total revenue and therefore are important.

People who would have travelled overseas are staying home. I suspect some of the increased gaming money comes from this quarter. So, there could be a compensatory effect.

There has been some "noise" on this and the previous 2 pages but nothing has come of it. People making rash statements but not having access to information.

 I did explain the situation though: forget about the effects of SARS on SKC.

I did mention that brokers have guided forecasts up to $120 mill. Mine is $105 mill. and I'll stick with it.

Investors, please do your own research before making a decision to buy, hold or sell any stock.

Gerry
"Life is either a daring adventure or nothing."
Helen Keller