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Thread: Scales - SCL

  1. #2131
    ShareTrader Legend bull....'s Avatar
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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
    one step ahead of the herd

  2. #2132
    The Kid
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    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
    Last edited by IAK; 15-05-2019 at 04:38 PM.

  3. #2133
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    polarcold settled , will be watching to see if any update on aquisitions from settlement money
    one step ahead of the herd

  4. #2134
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    good buying recently thx to those directors sales crashing the price
    one step ahead of the herd

  5. #2135
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    Quote Originally Posted by bull.... View Post
    good buying recently thx to those directors sales crashing the price
    Aaah, I wondered what it was but hadn’t bothered looking in to it. I have no spare cash for more SCL due to IFT allocation.

  6. #2136
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    Will it fall a bit more?

  7. #2137
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    Quote Originally Posted by babymonster View Post
    Will it fall a bit more?
    lol...who knows, anything can happen....I just buy shares on fundamentals and pay on the day...when they go down, I don’t look, and when they go up, I wish I had bought more when they were down.

    Not very useful, sorry.

  8. #2138
    ShareTrader Legend bull....'s Avatar
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    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
    one step ahead of the herd

  9. #2139
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    Quote Originally Posted by bull.... View Post
    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.

  10. #2140
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    good result again.
    one step ahead of the herd

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