Shortly after listing, Russia banned Polish apples. Poland is a huge apple producer. This put downward pressure on apple prices. There was concern that this might hit SCL profitability. SCL beat PFI for Fy14.
Printable View
Well I think we are talking about the same two brokers here,Craigs and FCNZ.
So their valuations are dumbed up on SCL and dumbed down on HNZ?
We live in interesting times.
Thanks for taking the time to sort out the dumb ups from the dumb downs for us,otherwise I would have remained just plain dumb??? lol..
Another big volume day today...
Like the way the depth is shaping up on this now, plenty of buyers above $1.60 and sellers starting to thin, hopefully step through to $1.70 over the next few days. I feel something is up with the big volume of late.
I have been in since IPO and purchased further twice (not averaged down!) at $1.45 & $1.40 so it is now my biggest holding and still the one I'm most comfortable with.
Agree, was hoping to see some SSH notice on NZX, nothing yet. Sure i've read somewhere on this forum that they announce dividend sometime in May. Can anyone here confirm pls. If so, could be the reason behind big volumes.
In any case, $1.70 looks like within reach looking at current depth.