Scales - SCL

[percy]

Ingredients is always ripe for expansion... especially functional ones with some IP - have SCL been involved with MBIEs High Value Nutrition programmes?

I guess PAZ, Pharmazen,[On NZ Unlisted] would tick all the boxes for them,as they can process from any animal,marine or botanical raw materials,by freeze drying,extraction,or milling,up to pharmaceutical ingredient under a "Licence to manufacture medicines".
Pharmaceutical ingredients are the most profitable.

[Sideshow Bob]

Ingredients is always ripe for expansion... especially functional ones with some IP - have SCL been involved with MBIEs High Value Nutrition programmes?

It would be a leap into a completely different sector - factories/knowledge/customers/industries etc.

[bull....]

big volumes being soaked up above 5

[winner69]

Bit of a profit downgrade ...but still guidance range

At least they are making money ..even if it’s a bit less than last year

http://nzx-prod-s7fsd7f98s.s3-websit...298/327574.pdf

[RTM]

I can't think of many reasons for the price to move up or down significantly.
The exchange rate going up is not going to be great for them.
Their markets must be in turmoil.....as is the world with COVID.....What prices might they be getting ? Can they move the volume ?
The dividend feels about right.
They will have incurred some extra costs through lockdown.
Volumes grown / harvested are only going to grow relatively slowly year on year.
Why would we expect a major move in price ?
The only thing I am scratching my head about a wee bit is the low PE....6.07 from DB. But maybe that reflects sluggish growth expectations ?
In short...I am not expecting major share price movement....just a solid and reasonably predictable stock...barring climatic disasters.
Happy to hold since early 2015

https://www.nzx.com/announcements/357298

So yes, while they can pick the fruit, selling it is more difficult. I’ll be staying the course.

[percy]

Looks as though Pet Food division is proving to be a great success.

[RTM]

keeps edging up - there went my idea of accumulating sub $5 this quarter... I guess the constant talk up of primary sector post COVID helps SCL

You may be in luck today.

[Sideshow Bob]

Looks as though Pet Food division is proving to be a great success.

Demand in the US for raw material been strong, as people have been stockpiling petfood. Not sure what happens post-Covid - although that ain't slowing down in the US!

The JV with Alliance is an interesting one however.....as Scales aren't getting all of the raw material.

[MarineSalvage]

and may it keep going - I'm sad I've struggled to accumulate any more at the price I'd hoped for... but might top up a bit now - if it drops...

[Louloubell]

Am topping up at this price