Ignoring factors like the shaky share price of the company, the impact of the GST increase and even the low consumer spending, the fact of the matter is that the shareholders of Skycity Entertainment Group are looking very positive about the growth of the company. It is to be mentioned here that the optimism about the company was mostly banking on the decent first quarter results posted by the company.

The shareholders are of view that the board has been able to bring a huge raft of plans i. e. for the Auckland, Adelaide and Darwin casino operations at Skycity's annual meeting.

It may be noted here that while the CEO Nigel Morrison refrained from giving a guidance on the outlook for the company for the coming times, the company posted a net profit after tax of $127.4 million, which was actually down a shade on the past full year record underlying net profit of $129.1m.

The CEO however said that as the company is not aware at this moment as to how the GST hike will impact the operations the company has not been able to provide full year guidance to its investors.