Scales - SCL

[bull....]

i brought some more today looks cheap down the track with more bolt ons

further to my point if investors listen to there investor call

http://scalescorporation.co.nz/wp-co...630-240817.mp3

you will here in Q&A they are looking at opportunities right now possibly in ag that may be a new product? makes sense as it would further diversify the business. In comparison to other produce companies scales lacks this feature as many others have multi ag products in there portfolio.

there china aspirations will need way more volume if they are serious , consumers in china are growing in there purchase of fruit each yr but looks like prices are low but anyway they would need more orchards to get the volume and scale to keep there costs down to make this a good market so they need to buy more hopefully in different parts of the country to spread geo risk.

Also they say petfood market looks good for them to enter eg canned petfood a potential 500m local market? to take a slice from and not taking account of exports later on

http://www.mbie.govt.nz/info-service...201.6%20MB.pdf

Logistics purchase recently of ocean air - avos, kiwifruit dont they need a bigger presence in tauranga then the heart of this production in nz or maybe they are going to purchase avo orchards ?


Anyway I think some people are being short sighted by not thinking as this as a growth stock

[Well Endowed]

Agree entirely bull. thanks for the info.

[Biscuit]

Also they say petfood market looks good for them to enter eg canned petfood a potential 500m local market? to take a slice from and not taking account of exports later on

http://www.mbie.govt.nz/info-service...201.6%20MB.pdf

Hope they have not relied on that very out of date report! No mention even of EBOS who have been making moves into this area since 2014...

[bull....]

Hope they have not relied on that very out of date report! No mention even of EBOS who have been making moves into this area since 2014...

old report that mbie one yes, petfood market is way bigger now plenty of room for more players even with a good player like ebos who obviously entered due to the potential

[axe]

andy's spot is bottom left of top pic https://www.stuff.co.nz/business/far...the-vuca-world

[percy]

Bit surprised to see managing director, Andy Borland, has sold all his shares in SCL,without any comment here.

[bull....]

Bit surprised to see managing director, Andy Borland, has sold all his shares in SCL,without any comment here.

further down the page your see he owns all his shares in his family trust, so most likely sold ones he owns personally

[Balance]

Writing is on the wall. Good strategy to follow management and directors. Too many examples of management getting out at the top.

[winner69]

further down the page your see he owns all his shares in his family trust, so most likely sold ones he owns personally

Possibly his LTI shares so don't blame him

Wanted some cash to put into Metro Glass ...sees that as a better investment

[percy]

Possibly his LTI shares so don't blame him

Wanted some cash to put into Metro Glass ...sees that as a better investment

Very much doubt it.
He does in fact have a history of making sensible decisions.