sharetrader
Page 3 of 247 FirstFirst 12345671353103 ... LastLast
Results 21 to 30 of 2462

Thread: Scales - SCL

  1. #21
    Senior Member
    Join Date
    Nov 2012
    Location
    Auckland
    Posts
    1,347

    Default

    Can someone please explain the change in sentiment that has caused the rise in share price from $1.35 at the beginning of the week vs $1.48 today?

    Maybe it is just Couta signalling his position
    No advice here. Just banter. DYOR

  2. #22
    Advanced Member
    Join Date
    Jul 2000
    Location
    Masterton, , NZ.
    Posts
    2,250

    Default

    I agree - its weird, I patiently waited until $1.40 to buy last week then they went south (it often happens like that!) and then the bounce, maybe large seller overhang out of the way?

  3. #23
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

    Default

    Quote Originally Posted by noodles View Post
    Can someone please explain the change in sentiment that has caused the rise in share price from $1.35 at the beginning of the week vs $1.48 today?

    Maybe it is just Couta signalling his position
    Up 9% in a week since purchase no complaints from me just put it down to a schizophrenic market

  4. #24
    Member
    Join Date
    Aug 2013
    Posts
    276

    Default

    Quote Originally Posted by couta1 View Post
    Up 9% in a week since purchase no complaints from me just put it down to a schizophrenic market
    I thought you weren't going to spend any more money Couta!? Well at least it's going the right direction huh! I topped up my Xero holding @ $15.85 - fingers crossed!

  5. #25
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

    Default

    Quote Originally Posted by Ginger_steps_ View Post
    I thought you weren't going to spend any more money Couta!? Well at least it's going the right direction huh! I topped up my Xero holding @ $15.85 - fingers crossed!
    Sold a few AirNZ so that its under 10% of my portfolio total getting a bit stricter on that now bar retirement stock. I reckon you'll do well buying Xro at that price, imagine if it ends up over $60 a share

  6. #26
    Ignorant. Just ignorant.
    Join Date
    Jan 2005
    Location
    Wrong Side of the Tracks
    Posts
    1,587

    Default

    Hopefully Scales are part of this, and can get established before the Polish tsunami sweeps in


    http://www.stuff.co.nz/business/farm...tbrain:starter

  7. #27
    Member
    Join Date
    May 2014
    Posts
    122

    Default

    Correct me if I'm wrong, and I'll track it down at work later regardless,

    But did the prospectus not state that they would pay a single annual dividend in the range of 9.2-9.6 cents for this year?
    Don't currently hold but was looking to pick a few up


    http://scalescorporation.co.nz/wp-co...As-Amended.pdf

    The policy is on page 41 and states as above.

    Doesn't look good that they've missed what they stated in the prospectus by so much
    Last edited by Okebw; 11-12-2014 at 05:50 AM. Reason: link

  8. #28
    Senior Member
    Join Date
    Nov 2012
    Location
    Auckland
    Posts
    1,347

    Default

    Quote Originally Posted by Okebw View Post
    Correct me if I'm wrong, and I'll track it down at work later regardless,

    But did the prospectus not state that they would pay a single annual dividend in the range of 9.2-9.6 cents for this year?
    Don't currently hold but was looking to pick a few up


    http://scalescorporation.co.nz/wp-co...As-Amended.pdf

    The policy is on page 41 and states as above.

    Doesn't look good that they've missed what they stated in the prospectus by so much
    You have it wrong. The recent dividend declared was interim. The prospectus was final. The prospectus did not include an interim.

    So now we can expect and interim AND a final.

    https://www.nzx.com/companies/SCL/announcements/257977

    One for the dividend hunters I expect gross dividend to we well north of 10%
    No advice here. Just banter. DYOR

  9. #29
    Advanced Member
    Join Date
    Apr 2008
    Location
    Kerikeri
    Posts
    2,468

    Default

    Quote Originally Posted by noodles View Post
    You have it wrong. The recent dividend declared was interim. The prospectus was final. The prospectus did not include an interim.

    So now we can expect and interim AND a final.

    https://www.nzx.com/companies/SCL/announcements/257977

    One for the dividend hunters I expect gross dividend to we well north of 10%
    How do you get that Noodles ?
    Page 8 of the document linked states for 2015F 10.5-10.7 cents per share. I read this as the total payout for the year. At 10.6 and SP 142c this is about 7.5%. Do you think the interim will be in addition to this payment ?
    Cheers, RTM

  10. #30
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

    Default

    Quote Originally Posted by RTM View Post
    How do you get that Noodles ?
    Page 8 of the document linked states for 2015F 10.5-10.7 cents per share. I read this as the total payout for the year. At 10.6 and SP 142c this is about 7.5%. Do you think the interim will be in addition to this payment ?
    Cheers, RTM
    I think your forgetting that its fully imputed so add 28% more to get correct gross yield.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •