Scales - SCL

[tim23]

Hi - looking to add this stock to my portfolio, anyone holding/following?

[bunter]

Yes, bought a small number at 1.60 post-float. I reckon it's worth 2.34 and will look to buy more if it ever breaks out of its downtrend.

[noodles]

Tim,

I'm holding a small parcel. I understand that there will be an update before the end of October. Perhaps you should wait till then.

There are a LOT of risks with this one. I would read the prospectus carefully. Also, the Russian situation may be affecting carton price.

All the best,
noodles

[Lewylewylewy]

Just reading old posts and feeling juvenile

Tim,

I'm holding a small parcel...

Tee hee!

[macduffy]

Just reading old posts and feeling juvenile



Tee hee!

Careful, Lewy!

There's a separate thread for "that sort of thing."

[Lewylewylewy]

Anyone fancy a game of guess how many beans are in the jar?

I'm gonna take a punt that the SP will be 2.51 at the end of Feb. Any other guesses?

[tim23]

Thanks - I see they are due to provide update probably good advice better to pay a bit more than guess, I'm looking to hold long term, want to add rural based stock to portfolio, only hold PGG in that space.

[Okebw]

I note that CIP has initiated coverage with a price target (currently) of $1.65, and expected to be 10% higher than this if/when the Russia situation gets sorted out. A few available at $1.40 today, I think I might pick a few up.

Not a terribly liquid stock, but the CIP coverage could definitely help with that

[Chaowee88]

I note that CIP has initiated coverage with a price target (currently) of $1.65, and expected to be 10% higher than this if/when the Russia situation gets sorted out. A few available at $1.40 today, I think I might pick a few up.

Not a terribly liquid stock, but the CIP coverage could definitely help with that

Did you pick any up? Now 138, with support nearly all crushed. I'm looking at this but not sure when to pull the trigger, although fundamentals are looking better and better I want to really time this down as upside is slim, so every cent will count.

[Okebw]

I was intending to but got distracted by an exam. Luckily it appears. I'm going to attempt to pick some up tomorrow but I'm pretty terrible at picking entry points