Scales - SCL

[nextbigthing]

Guys, looking to jump in on Monday... Any thoughts? Thanks

Yes, go big. Real big! Nextbigthing

Disc, may have a holding.

[King1212]

Yes, go big. Real big! Nextbigthing

Disc, may have a holding.

what u mean? Are u going in big?

[King1212]

World market was not good closed on Friday due to Turkey military coup....so will watch closely next couple days.....

[vin]

what u mean? Are u going in big?

Haha. He's suggesting go big.. Buy lots!!!

SCL is my biggest holding by far.. too far.

[Balance]

World market was not good closed on Friday due to Turkey military coup....so will watch closely next couple days.....

Coups in Turkey are a dime a decade.

Unfortunately, this is one time that a coup would be good given the way the current government has been complicit in the rise of ISIS.

[LAC]

Above posted 28-06-2016.
I still feel the same.
Stay calm.
Looking forward to the update.

Do you think they will get close to last years bumper year? I hoping for 34m NPAT this time round which would make decent buying at under $3, it's a great long term stock.

[percy]

Do you think they will get close to last years bumper year? I hoping for 34m NPAT this time round which would make decent buying at under $3, it's a great long term stock.

I have heard it is a bigger crop than last year,with the orchards delivering more premium varieties,which should mean better prices.

[winner69]

Do you think they will get close to last years bumper year? I hoping for 34m NPAT this time round which would make decent buying at under $3, it's a great long term stock.

Jeez LAC - thats less.than the $39m last year

If it's only $34m than maybe $3 is about fair value at the moment?

Hope percy's hearing is ok and that it is indeed a larger crop this year with heaps more premium varieties being picked.

[LAC]

Jeez LAC - thats less.than the $39m last year

If it's only $34m than maybe $3 is about fair value at the moment?

Hope percy's hearing is ok and that it is indeed a larger crop this year with heaps more premium varieties being picked.

Hi W69, yes I thought when it reached the $3.40s it was well overpriced for me, ended up selling and buying again at $3.09. The hype of the Chinese just went a bit too far for me. I do think it will be great long term and $3 at the moment is "fair" value imo, wasn't saying its a bargain atm - but is a bargain long term
I am hoping to be wrong about the 34mil and Percy right Im just not sure if they will top the $39m from last year. (hope to be proven wrong)

[Beagle]

IMO Crop will surpass last year's and so will prices. Growth elsewhere within the business, pet food, services to other industry participants and liquid-storage will all add to the growth story. Prospects for those buying at the current price look very "juicy" to me In the background we have them as a very likely candidate for next cab off the rank for NZX50 inclusion and our new Chinese friends have lots of money and even if they choose not to take this over there are significant distribution opportunities they'll being to the table. I believe patience will be well rewarded with this stock.