sold mine after there results, price didn't re-act as I was hoping brought a little above your price
Printable View
Trading on very modest ratios.
A very soundly based business with excellent growth prospects.
You want upside?
Gross Dividend yield 9.75%
Distance from Broker targets 30%
Total Potential return 39.75%
FY15 pe ratio:10.4
But wait, there is growth as well:
-"We have a further 450,000+ TCEs of premium apples expected to come into production by 2018 increasing our premiumapple volumes by 43% over 2014 levels"
We again re-affirm FY2015 IPO forecasts.• Beyond this, Scales is positioned for considerable growth: Historical orchard investment is expected to deliver meaningful uplift in premium volumes over next 5years+. A number of initiatives currently underway and scheduled for FY2015 are designed to deliver growth forStorage & Logistics. Meateor continues to diversify supply (both geographically and by protein type).• Scales is positioned conservatively, with considerable headroom in our financial covenants.
You two gentlemen make a compelling case for the medium / long term. Hopefully the short term risks will pass soon enough with no material impact.
Couta - good luck but you may not buy back probably won't get back under $1.40 I reckon
Well team,what is going on?
Queensland Fruit Fly!!!!!!????????????? [think I have put more ! and ?s than found flies]
Cyclone Pam.!!!!!!!!!!!!!!!????????????????????
Yet what is TA telling us? Buy signals!!!!???????
1] Share price $1.53 today.
2] 50 day EMA $1.52
3] 200 day EMA $1.51
4] Share price went through 200 day EMA on 22nd January 2015.
5] Golden Cross occurred 0n 25th February 2015.
Well it is currently in two downtrends (8 months & 1 month) and one uptrend (4 month).
Does a 200 day average mean anything when you have only 161 trading days for the stock?
$1.51 is the new resistance? Vive La Résistance.
I am keeping mine. ;)
Best Wishes
Paper Tiger