I agree Percy and am saddened that we have lost so many good contributors lately. Seems to me we all get a bit emotional at times, but like investing, it is best to remain objective and try and find the true value (in both posts and investments!)
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My, you're a persuasive group on this thread! I bought a few yesterday, also, (having done my OR of course)!
There's also a bit of nostalgia involved in this decision. Geo H Scales - I think was the original name - was a small but active player in shipping when I started work in Christchurch in the late 1950's. Any company that survives and evolves over such a long period deserves a serious look!
:)
I would hope that posters can differentiate between mindless trolling which is quite rare and on the other hand a healthy vigorous and open debate regarding the merits of shares both positive views and the concerns and potential issues regarding same and that my sharing my concerns surrounding HNZ's issues recently is seen in the latter light. I enjoy a good healthy vigorous and open debate and I think we all share and learn from each other by engaging in same. Surely any thread is "bigger than" mindlessly pumping each others tyres and attempting to ramp the SP. It that's all it becomes that's a major reason why quality posters leave, in my opinion. If people start to overtly fret and feel victimised by concerns being raised and aired thoroughly in relation to a share they own, maybe they need to have a lot at the size of their holding and ask themselves if they're not a little over exposed ?
If anyone has any concerns regarding this post which is intended to clear the air, not stir it, please PM me.
Bringing this back on track, I am sure none of us have forgotten that SCL have about 40% more acreage coming on stream in 2018. Even juicer returns to come :D
I think I have been seduced by the rhetoric on here This is turning into a dog of a trade
The dip below the bottom channel line I put attributed to the dividend. But heck it hasn't really recovered much since has it
You can see I am optimistic by stretching the channel out to 2 bucks .... but in spite of all the fantastic things that are happening hard to see 2 bucks happening .... let alone 250/260
Spose hang in there for a while longer - selling now would just bring the price down because instos don't seem interested in buying
Must be time you bought some AIR winner at least as much upside over the next year aye:cool: