Scales - SCL

[janner]

Seeka are big in Avocados.

Don't hold Seeka :-))))

Put them in touch with SCL Export/Freight ..

[ShouldHaveHeld]

oh man, what is going on here!? sellers drying up :O

[bull....]

oh man, what is going on here!? sellers drying up :O

its been going sideways for nearly 2 yrs so maybe its breaking out? if you look at a chart here you can see -

big charts

[janner]

Beg to differ...Aug 17 2015 $1.99 Aug 16 2017 $3.61 Hardly a side ways movement..

One year yes..

Disc. Small Holding

[bull....]

Beg to differ...Aug 17 2015 $1.99 Aug 16 2017 $3.61 Hardly a side ways movement..

One year yes..

Disc. Small Holding

okay it not 2 yr more like 1.5yr (my nearly 2 was a bit exaggerated ) april 2.16 to now it has gone sideways and under performed the index.
Over the last week it looks like it is breaking out of the 1.5 yr range but it still is under performing the index so one could argue it has more upside just to equal the index performance last 1.5 yr.

[janner]

okay it not 2 yr more like 1.5yr (my nearly 2 was a bit exaggerated ) april 2.16 to now it has gone sideways and under performed the index.
Over the last week it looks like it is breaking out of the 1.5 yr range but it still is under performing the index so one could argue it has more upside just to equal the index performance last 1.5 yr.

Nearly .. 1.5 years.. :-)))

However.. Will agree that it is lagging.. 11/08/17 A strong Bullish Engulfing Pattern.

Disc. Small holding.

[Balance]

https://www.nzx.com/companies/SCL/announcements/306020

First significant fall in profit in a while.

Best is over for SCL for now?

[Well Endowed]

I think any company with cyclical weather dependent harvests is going to struggle to post linear year after year gains. I still think the future prospects still look pretty good.

[percy]

I think any company with cyclical weather dependent harvests is going to struggle to post linear year after year gains. I still think the future prospects still look pretty good.

Agree.
Makes the current PE of 13.36 look high.a

[Balance]

Agree.
Makes the current PE of 13.36 look high.a

The big unsaid is what has been happening with apple supply from places like Chile - this was a huge issue in the past and is becoming a big issue again.