I like these under the radar stocks that make very little noise to the market, too busy making money for us!
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Shut up !!
DYOR..
They got a decent bit of coverage in the media about their dividend etc. the new cool store opening has had a few stories as well
Radio NZ had a bit plus enthroned in radio as well
http://www.radionz.co.nz/news/busine...rofit-forecast
NBR carried the Scales report with a good headline. Jenny Ruth been keen on them lately.
http://www.nbr.co.nz/article/scales-...dance-b-182880
Otago Daily Times lied it
http://www.odt.co.nz/news
And some punters wanted a bit if the action the other day didnt they
Analysts hooefully will get excited and revisev the forecast upwards to add to the excitment
Soon it just might be a must have share. That will e good
Scales have left plenty in the tank to continue to pump out good news. Hopefully they will get a bit proactive in th self promotion department.
Over $2.50 next week, goodness knows why after Xmas, esp If a coupe of brokers put them in their Top Picks for 2016. That will get the mums and dads buying over the Xmas break
Hope Scales don't have any orchards in Canterbury
Seems to have been a pretty rough day - thunder, huge hail stones, tornadoes etc
Scales discussed on radioNZ this morning. Andy says industry in great shape etc etc.
And next years forecast is 'guarded'
Onwards and upwards
Starts about 1:25 in
http://www.radionz.co.nz/audio/player/201782674
Relax, W69. Orchards are in Hawkes Bay.
http://mrapple.com/from-art-to-science/
They do have hail insurance btw as well.
I was 'troubled' by 10 cents dropping off the share price today, but having discovered that it went ex-dividend to the tune of 10 and one half cents today I can now relax and dream of what to do with the hundreds of thousands of half cents coming my way in a couple of weeks.
Best Wishes
Paper Tiger
Disc: Might buy myself a new milk bowl.
Now a gross yield of 10.343% & the share price is still higher than pre dividend announcement. :t_up:
Lol PT, I did exactly the same thing.
... Now I must resist my natural urge to profit take, at least until the next announcement. As I've said before, SCL can only go up while our currency is low. I'm certain we're looking at another good year.
The currency is certainly working in SCL's favour,but all the time they are improving the business.
More premium varieties are coming on stream over the next few years.The orchards have irrigation,and reflectors are used to improve the colour of the apples.
The Coolstore side of the business gives solid profits.Again this business is being improved all the time.The huge new Auckland coolstore is now open.
The petfood business I don't know much about,but at the agm they spoke that is a good business with good growth prospects.
Again I don't know much about the joint venture juicing business,however again it was spoken about at the agm.