Scales - SCL

[enzed staffy]

probably not helped by video of the RSE workers on top of their accommodation and the water lapping a few centimetres lower. Not saying they're Scales RSE workers - but it gives a stark image of the horticultural devastation being endured

[Sideshow Bob]

Had heard previously the apple crop in the Hawkes Bay had been decimated by the rain and poor summer. That was before Gabrielle...

[BlackPeter]

down ~5% today, presumably because of cyclone woes. an update from the company on how it is weathering events (pun intended) would be nice.

Interesting that SEK hasn't lost any ground at all. Maybe its all good in kiwifruit land?

Big update in two weeks ... but sure, there is probably a brief announcement earlier. However - maybe they first want to wait for the weather event to end? Might make sense, anyway.

[bull....]

big warning sign as well was the repeated failure to rise for any lenght of time over 5 dollars

yep the charts fore - warned off the storm to come in the stock

[nztx]

Had heard previously the apple crop in the Hawkes Bay had been decimated by the rain and poor summer. That was before Gabrielle...

https://www.nzherald.co.nz/hawkes-ba...MVDM3NREA6YBA/


Look further down this article - a photo of HB Apples cyclone shaken from the trees and being washed ..
untold of them by looks ..

[bull....]

1100 heactares of apples in hawkes bay

Hawke’s Bay orchards were pummelled by cyclone Gabrielle with photos emerging today of apples floating in floodwater after being blown off trees

https://www.nzherald.co.nz/business/...NDTADM6K2STPA/

[Sideshow Bob]

1100 heactares of apples in hawkes bay

Hawke’s Bay orchards were pummelled by cyclone Gabrielle with photos emerging today of apples floating in floodwater after being blown off trees

https://www.nzherald.co.nz/business/...NDTADM6K2STPA/

Poor buggers.....

[Filthy]

an update from the company on how it is weathering events (pun intended) would be nice.

https://www.nzx.com/announcements/406691 - update has arrived. must be reading this thread - thanks andy, much appreciated.

[bull....]

Cyclone Gabrielle: The $7 billion horticulture industry takes a hammering

talking about soil damage

https://www.nzherald.co.nz/business/...NMUFWQM26MWO4/

[Ricky-bobby]

I really feel for these guys and the local HB community. These guys will bounce back, kiwi farmers always do! Silver lining is it will help balance their oversupply. also really like scales diversification into pet food for these such occasions. Will the balance sheet take this hit or are they already highly geared and will need to raise some funds?