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Thread: Scales - SCL

  1. #2291
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    Quote Originally Posted by bull.... View Post
    big warning sign as well was the repeated failure to rise for any lenght of time over 5 dollars
    Not sure what you expect. We know they struggled to pick the crop. Markets are disrupted with COVID. Shipping a problem as well. Lots of head winds at the moment. And they still rewarding holders with a decent dividend. Happy holder with a 10 year holrizon.

  2. #2292
    Legend Balance's Avatar
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    https://www.nzherald.co.nz/business/...YQAYXFZVY42S4/

    This will be preying too on the minds of investors - very very slim chance of anything adverse but any NZ apple export halt by China will be devastating to the industry.

  3. #2293
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    Quote Originally Posted by Balance View Post
    https://www.nzherald.co.nz/business/...YQAYXFZVY42S4/

    This will be preying too on the minds of investors - very very slim chance of anything adverse but any NZ apple export halt by China will be devastating to the industry.
    Yes, there is always something to worry about. I can come up with adverse events for many/most of my NZ/OZ investments. So as I’ve said before, I’m well diversified. Not to many eggs in any one basket.
    Scales: 4.5% of portfolio. So far…so good.

  4. #2294
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    FYI Trade audits feature in this Australian recent four corners doco on trade with China an https://www.youtube.com/watch?v=SShvYq5gQ2U

  5. #2295
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    Apparently still in DD stage re villa purchase. There will be a few skeletons in that closet! A bit of potential, but also a lot to sort out... totally different to a business such as Delegats

  6. #2296
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    Villa Maria parent company FFWL in receivership, shares to be sold
    https://www.stuff.co.nz/business/ind...res-to-be-sold

  7. #2297
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    Anyone been noticing a slow but steady climb back to $5 over the last few weeks?

  8. #2298
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    Quote Originally Posted by tim23 View Post
    Anyone been noticing a slow but steady climb back to $5 over the last few weeks?
    Indeed. 10-15% up over the last month or so on relatively low volume (apart from a biggish chunk in mid May). Theories?

  9. #2299
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by Eden View Post
    Indeed. 10-15% up over the last month or so on relatively low volume (apart from a biggish chunk in mid May). Theories?
    Rising tide lifting all boats?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  10. #2300
    percy
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    Quote Originally Posted by Eden View Post
    Indeed. 10-15% up over the last month or so on relatively low volume (apart from a biggish chunk in mid May). Theories?
    May be some answers given at this afternoon's agm.

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