Scales - SCL

[tim23]

Expected a better reaction this stock looks cheap might put it in my stock picks for the comp

[Joshuatree]

Severe gales for mon and tues for hawkesbay forecast. Hope it is downgraded. Good luck to holders ; batten down. Margin of risk built in to s/p for weather events?

[Beagle]

I love a good apple but there's too much risk for my liking while the fruit fly issue is unresolved.

[Joshuatree]

Def more risk than Air NZ ehh Rog.. Not sure what % of crop is picked atp.

[percy]

I have shares in both SCL,and SEK.
I also hold shares in PGW,REL and PAZ.
I am well aware of the risks,and the rewards.
It is just a matter of what suits each individual investor.
I intend adding to my SEK holding,and depending on result,possibly adding to my PAZ holding.
I am happy with the amounts I have in PGW and REL.

[couta1]

Def more risk than Air NZ ehh Rog.. Not sure what % of crop is picked atp.

Both as risky IMO after all if one bird falls out of the sky, well we know what the result of that would be, and if one hurricane arrives well same result really

[bull....]

http://www.wunderground.com/hurrican...e-Pam?map=5day

at the moment it shows the cyclone will die out by the time it reaches nz

[Beagle]

Def more risk than Air NZ ehh Rog.. Not sure what % of crop is picked atp.

I think so. Obviously planes can divert around bad storms whereas on the other hand apple trees can't. Likewise if a fruitfly goes through a jet engine, no problem it just get's pulverised.
The danger here is that if one or two countries ban apple exports from N.Z. it could cause a domino effect and others follow suit. For this reason to be honest I'm really quite surprised the stock hasn't re-tested 2014 lows in the mid 130's.

[bull....]

If the storm does in fact hit, it probably will hit the lows again - depends how many apples fall off the tree? I may re- enter again then

[couta1]

Sold my holding at open this morning as a precaution having bought at $1.36 can always buy back but just playing it safe(For a change)