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Thread: Scales - SCL

  1. #21
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    Can someone please explain the change in sentiment that has caused the rise in share price from $1.35 at the beginning of the week vs $1.48 today?

    Maybe it is just Couta signalling his position
    No advice here. Just banter. DYOR

  2. #22
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    I agree - its weird, I patiently waited until $1.40 to buy last week then they went south (it often happens like that!) and then the bounce, maybe large seller overhang out of the way?

  3. #23
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    Quote Originally Posted by noodles View Post
    Can someone please explain the change in sentiment that has caused the rise in share price from $1.35 at the beginning of the week vs $1.48 today?

    Maybe it is just Couta signalling his position
    Up 9% in a week since purchase no complaints from me just put it down to a schizophrenic market

  4. #24
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    Quote Originally Posted by couta1 View Post
    Up 9% in a week since purchase no complaints from me just put it down to a schizophrenic market
    I thought you weren't going to spend any more money Couta!? Well at least it's going the right direction huh! I topped up my Xero holding @ $15.85 - fingers crossed!

  5. #25
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    Quote Originally Posted by Ginger_steps_ View Post
    I thought you weren't going to spend any more money Couta!? Well at least it's going the right direction huh! I topped up my Xero holding @ $15.85 - fingers crossed!
    Sold a few AirNZ so that its under 10% of my portfolio total getting a bit stricter on that now bar retirement stock. I reckon you'll do well buying Xro at that price, imagine if it ends up over $60 a share

  6. #26
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    Hopefully Scales are part of this, and can get established before the Polish tsunami sweeps in


    http://www.stuff.co.nz/business/farm...tbrain:starter

  7. #27
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    Correct me if I'm wrong, and I'll track it down at work later regardless,

    But did the prospectus not state that they would pay a single annual dividend in the range of 9.2-9.6 cents for this year?
    Don't currently hold but was looking to pick a few up


    http://scalescorporation.co.nz/wp-co...As-Amended.pdf

    The policy is on page 41 and states as above.

    Doesn't look good that they've missed what they stated in the prospectus by so much
    Last edited by Okebw; 11-12-2014 at 06:50 AM. Reason: link

  8. #28
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    Quote Originally Posted by Okebw View Post
    Correct me if I'm wrong, and I'll track it down at work later regardless,

    But did the prospectus not state that they would pay a single annual dividend in the range of 9.2-9.6 cents for this year?
    Don't currently hold but was looking to pick a few up


    http://scalescorporation.co.nz/wp-co...As-Amended.pdf

    The policy is on page 41 and states as above.

    Doesn't look good that they've missed what they stated in the prospectus by so much
    You have it wrong. The recent dividend declared was interim. The prospectus was final. The prospectus did not include an interim.

    So now we can expect and interim AND a final.

    https://www.nzx.com/companies/SCL/announcements/257977

    One for the dividend hunters I expect gross dividend to we well north of 10%
    No advice here. Just banter. DYOR

  9. #29
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    Quote Originally Posted by noodles View Post
    You have it wrong. The recent dividend declared was interim. The prospectus was final. The prospectus did not include an interim.

    So now we can expect and interim AND a final.

    https://www.nzx.com/companies/SCL/announcements/257977

    One for the dividend hunters I expect gross dividend to we well north of 10%
    How do you get that Noodles ?
    Page 8 of the document linked states for 2015F 10.5-10.7 cents per share. I read this as the total payout for the year. At 10.6 and SP 142c this is about 7.5%. Do you think the interim will be in addition to this payment ?
    Cheers, RTM

  10. #30
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    Quote Originally Posted by RTM View Post
    How do you get that Noodles ?
    Page 8 of the document linked states for 2015F 10.5-10.7 cents per share. I read this as the total payout for the year. At 10.6 and SP 142c this is about 7.5%. Do you think the interim will be in addition to this payment ?
    Cheers, RTM
    I think your forgetting that its fully imputed so add 28% more to get correct gross yield.

  11. #31
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    Quote Originally Posted by couta1 View Post
    I think your forgetting that its fully imputed so add 28% more to get correct gross yield.
    Thanks. Yes...wondered about that. Sometime I'm going to have to understand what "fully imputed" means I guess.

  12. #32
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    I found this mornings profit update for the 2015 year very positive.

    EBITDA is project to be 6.2% up on prospectus $38.8mil at $41,2mil.
    NTAT is projected to be 12.3% up on prospectus $18.5mil at $20.8mil.
    With 139,779,006 shares on issue the eps is approx. .148 cents giving a very modest PE of 9.59 on $1.42 share price.
    Last edited by percy; 17-12-2014 at 12:19 PM.

  13. #33
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    Quote Originally Posted by percy View Post
    I found this mornings profit update for the 2015 year very positive.

    EBITDA is project to be 6.2% up on prospectus $38.8mil at $41,2mil.
    NTAT is projected to be 12.3% up on prospectus $18.5mil at $20.8mil.
    With 139,779,006 shares on issue the eps is approx. .148 cents giving a very modest PE of 9.59 on $1.42 share price.
    They are beating FY14 PFI and meeting FY15 PFI even though the apple price is being suppressed because of the Russian ban. Fantastic. Imagine how well they will do when the Russian issues go away.

    Next news will be in Feb when they beat FY14 PFI and I'm guessing beat the FY14 PFI dividend. I expect 10%+ dividend.
    No advice here. Just banter. DYOR

  14. #34
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    Quote Originally Posted by noodles View Post
    They are beating FY14 PFI and meeting FY15 PFI even though the apple price is being suppressed because of the Russian ban. Fantastic. Imagine how well they will do when the Russian issues go away.

    Next news will be in Feb when they beat FY14 PFI and I'm guessing beat the FY14 PFI dividend. I expect 10%+ dividend.
    10% plus dividend will be most welcome.!! lol.

  15. #35
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    Quote Originally Posted by percy View Post
    10% plus dividend will be most welcome.!! lol.
    We should get a broker upgrade tomorrow.
    No advice here. Just banter. DYOR

  16. #36
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    Quote Originally Posted by noodles View Post
    We should get a broker upgrade tomorrow.
    Do you think we are well positioned?? lol.

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    Anyone up with how the fruit set has been in the orchards for next years crop?.

  18. #38
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    Quote Originally Posted by percy View Post
    Do you think we are well positioned?? lol.
    I'm trying to think of comparisons.
    Scales trades on a pe=9.
    Sanford trades on a pe= 30.
    Seeka trades on a pe=13

    Everyone must be too busy going to xmas lunches to notice this gem
    No advice here. Just banter. DYOR

  19. #39
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    Quote Originally Posted by Joshuatree View Post
    Anyone up with how the fruit set has been in the orchards for next years crop?.
    Have a listen to the man himself
    http://www.radionz.co.nz/national/pr...-year-guidance
    No advice here. Just banter. DYOR

  20. #40
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    Quote Originally Posted by RTM View Post
    How do you get that Noodles ?
    Page 8 of the document linked states for 2015F 10.5-10.7 cents per share. I read this as the total payout for the year. At 10.6 and SP 142c this is about 7.5%. Do you think the interim will be in addition to this payment ?
    Cheers, RTM
    10.6 dividend would have 4.12c imputation credits. That is a total of .1472/1.42 =10.4% gross yield

    But given the company have said they are in a better capital position than expected, I think this will prove to be conservative
    No advice here. Just banter. DYOR

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