Scales - SCL

[bull....]

cold storage was always the most appealing thing about this companies growth prospects

[macduffy]

cold storage was always the most appealing thing about this companies growth prospects

That's what I first liked about SCL too, bull. Apple crops and prices will rise and fall but the demand for cold storage should be more consistent being spread across a number of products and customers. At least, that's my theory!

[drcjp]

That's what I first liked about SCL too, bull. Apple crops and prices will rise and fall but the demand for cold storage should be more consistent being spread across a number of products and customers. At least, that's my theory!

Agree, even the mafia need cool stores...........now that's some diversification for ya.

[iceman]

Good news http://www.nzherald.co.nz/business/n...ectid=11620743

[NZSilver]

SP back up to 3.10+, good volume too. Got to love these boring stocks...

[GTM 3442]

cold storage was always the most appealing thing about this companies growth prospects

Yep. Making money selling your own apples, then clipping the ticket on other peoples Apple sales. Just what the doctor ordered.

Partly agricultural, partly a rural infrastructure play - equivalent to Infratil

[sb9]

Current market depth looks pretty ominous...next seller at 3.19, might see that $4 soonish, eh winner?

[Beagle]

Yep. Making money selling your own apples, then clipping the ticket on other peoples Apple sales. Just what the doctor ordered.

Partly agricultural, partly a rural infrastructure play - equivalent to Infratil

Yeap, over $80m in revenue attributed to services to other companies...that part of the annual report really surprised me. Almost like the company needs different PE's for different parts of the business with a much higher one attributed to coolstores, freight and logistics, pet food liquid storage e.t.c.

I think the thing that really fired the market up today and quite correctly too is that the Hawkes Bay has had quite a good number of superb growing seasons now so maybe its the new norm. Also with demand for apples becoming more geographically spread throughout the world prices look like being well bid for the foreseeable future. Disc: Bought more this morning.

[macduffy]

I think the thing that really fired the market up today and quite correctly too is that the Hawkes Bay has had quite a good number of superb growing seasons now so maybe its the new norm

.... and not the biblical seven good years followed by .........

But that's just the pessimistic side of me showing.

Instead

[couta1]

I never hop back on a horse once it's bolted having dismounted too early unless the horse comes back to where I hopped off it, but at $2.52 methinks the horse may need to break it's leg for that to happen. Just as well there's always another mount somewhere else aye. PS-A hailstorm of biblical proportions would do instead of a broken leg.