Scales - SCL

[bull....]

We got to $4.50 mate

That's good eh .... suppose we now look forward to $5 ...sooner than later / earlier than expected

I'm glad I didn't take that advice from a poster to f@## off this thread a few years ago and leave it to the believers to enjoy ... a lot of the believers seem to have deserted the ship

I'll keep chatting to you bull --- rather lonely on here otherwise eh

4.50 yes and big volumes again today at 4.50 someone sees good value still just like me , how about that salt funds who sold heaps recently ( obviously to some happy chappy now ) they must be throwing the xmas toys at the plonker who said sell.

you should post more on here good knowledgable person you are

[bull....]

thought my upgraded model of 4.70 was good but i see credit suisse upgraded there target price for scales to $5 yesterday explains the big volumes and confirms its still under valued in analyst eyes

[Joshuatree]

Keep talking it up guys, use your illusion, manifest, manifest.

[bull....]

Keep talking it up guys, use your illusion, manifest, manifest.

only highlighting how under valued it was , now analysts are upgrading the companies just confirms it still is under valued

[Joshuatree]

Still waaaaaaay undervalued!!!(inserts grain of salt). Personally im holding SCL but pigging out on strawbs ,apricots and Nectos atm.And guttsing out on Cherries those big black taste sensations with a surface tension that creates a great bite.

[winner69]

only highlighting how under valued it was , now analysts are upgrading the companies just confirms it still is under valued

You use the ddm model eh .....I’ve got a DCF model running for Scales

Just updated it

Base scenario gives a value of $5.11 which is pretty good

Worst case assumptions comes out at $4.23 and an optimistic scenario is $5.68

So pretty comfortable with current price and can’t see why it shouldn’t get over 5 bucks sometime soon.

Cheers

[Joshuatree]

$5 Feb 6th

[bull....]

2 analysts following scales on reuters just updated to buy and outperform ratings with target above current price

[Joshuatree]

2 analysts on 4traders updatedwith $4.60 av, one $5 one $4.20 . 1 outperform, 1 buy.

[bull....]

2 analysts on 4traders updatedwith $4.60 av, one $5 one $4.20 . 1 outperform, 1 buy.

who had 4.20 ? they may need to look at there analysis? 4.60 close yesterday everyone else weighted closer to 5 they risk looking behind the 8 ball