Scales - SCL

[winner69]

Ok, $5 by Christmas. Deal.

No no nextbigthing - $4.50 by Christmas - $5 some time early next year

[drcjp]

Just to be devils advocate, the sp won't be going anywhere if they "only" meet targets on the 25th.

[Ace]

Just to be devils advocate, the sp won't be going anywhere if they "only" meet targets on the 25th.

No worries, investing with the long term horizon in mind right? Not much volume flowing through today and some really funny sell offers haha

[Snow Leopard]

Just to be devils advocate, the sp won't be going anywhere if they "only" meet targets on the 25th.

The targets I am aware of are from last Decembers announcement:

...Looking ahead to 2016 the directors expect EBITDA to be between $48 millionand $55 million for the twelve month period. This lower level of financial
performance, compared to 2015...

are there any more recent numbers from the company?

Best Wishes
Paper Tiger

[Hectorplains]

You'd expect that seeing as Royal Gala one of the first fruit varieties of the season. Probably picked in mid Feb nearly 6 months ago and been in cold storage for quite a while. Will be end of line stuff and seconds left over, hardly fresh product now is it ! Not worried in the slightest...SCL been creaming this latest crop and shareholders get to enjoy the juicy rewards.

You're welcome to be not worried but your rational for that is well off. Gala is picked late Feb into early April. The apple harvest finishes in early May with Granny Smith. No nz apples in the supermarket in August are freshly picked.

[sb9]

Made same announcement this time last year

A week later a profit UPGRADE .....and then a week or so after that the actual profit announcement

I reckon this timetable will be repeated - just haven't finalised the result yet

All looking good pierre - only a week to wait

Nothing this week, still working through those big numbers...may be update next week before actual results on 25th.

[winner69]

The targets I am aware of are from last Decembers announcement:

...Looking ahead to 2016 the directors expect EBITDA to be between $48 millionand $55 million for the twelve month period. This lower level of financial performance, compared to 2015...


are there any more recent numbers from the company?

Best Wishes
Paper Tiger

Hmm PT - you seemed to have silenced everybody

That $48m to $55m ebitda guidance for F16 does seem to be the only one - and that is indeed 10%-20% below what was achieved in F15

The share price was $2.40 when they said that. It is now 40% higher ...without any new news except the Chinese buying in at $2.60

Share price appreciation would imply punters are actually looking for a boomer of a half year result and updated guidance for the full year way beyond ebitda of $61m (F15 number)

But ongoing disclosure guidelines would suggest that $62m is tops - (if 15% movement is the guidelines for disclosing material changes than seeing it hasn't been done so far that is about as far as they can go)

You ruined the weekend PT - maybe $5 or even $4 share price is pie in the sky and my optimistic forecasts have no basis.

Suppose need to value as a no / low growth company on dividend yield and add a premium for a full take over

Hope drclip is wrong when he says the share price won't be going anywhere if they only meet expectations. At least he didn't say collapse.

[winner69]

Not a dividend hound but 17 cents doesn't seem much

[tim23]

Hi - where did you get 17c from as I can't recall it being that much?

[Fox]

Hi - where did you get 17c from as I can't recall it being that much?

6.5c interim + final with a 4c special.