$5 resistance if breaks higher should be good , todays inflation figures are causing the dollar too sink so good for them and a2 etc
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$5 resistance if breaks higher should be good , todays inflation figures are causing the dollar too sink so good for them and a2 etc
Director Ritchie building a decent sized deck, although who can blame him with the share price at an all time high.
http://nzx-prod-s7fsd7f98s.s3-websit...560/299861.pdf
polarcold settled , will be watching to see if any update on aquisitions from settlement money
good buying recently thx to those directors sales crashing the price
Will it fall a bit more?
this from ebos report today
Full year Black Hawk salesincreased 11.4% with strong growth achieved across both Australia and New Zealand. Black Hawkremains one of Australia and New Zealand’s fastest growing premium pet food brands with leadingmarket positions in the pet specialty retail channel.
be interesting how scales petfood is going
Scales aren't in branded petfood - they are an ingredients supplier. Primarily would be into the US and they have the JV or investment up there with Shelby.
Blackhawk use meal (from the stuff we have at home!!) - which isn't Scales' game. I would argue that if you use rendered meal, then you aren't really "premium".
The big changer for Scales for petfood would be China - as the regs are supposed to change soon to allow export of raw material for pet food manufacture to China. But double-edged sword with China.....African Swine Fever is a big tail wind for NZ red meat currently and huge exports to China and will be alot of bone-in product.
good result again.