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Thread: Scales - SCL

  1. #331
    IMO
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    Someone wanted out so got some @$1.72 cum div.

  2. #332
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by couta1 View Post
    Hey Roger we will have to buy a few Summerset before their next AGM, their refreshments weren't too bad, perhaps a swing trade would suit (We could buy them 3 days before and sell them after the meeting) or the next day after the hype spike
    What a fantastic idea and there's the brilliant bonus that I can give my real close mate Norah a huge hug after the ASM

  3. #333
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    Id be careful, people have been known to disappear in her volumous folds and never been seen again. Curiously the Intensive Dementia wards seem to increase numbers at the same time. Yiou can enter anytime you want but you will never leave(unless you know the combo door code ,changed weekly).

  4. #334
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    Anyone here received the dividend being payment date today. I haven't got mine yet.

  5. #335
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    Quote Originally Posted by sb9 View Post
    Anyone here received the dividend being payment date today. I haven't got mine yet.
    I've got mine

  6. #336
    percy
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    Quote Originally Posted by sb9 View Post
    Anyone here received the dividend being payment date today. I haven't got mine yet.
    Mine is there.
    Was not there this morning,so must have just gone through.

  7. #337
    ShareTrader Legend Beagle's Avatar
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    Yep all good. Nice juicy dividend

  8. #338
    Speedy Az winner69's Avatar
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    Quote Originally Posted by couta1 View Post
    Hey winner problem is we are not in a rising market so better to buy Scales post divvy aye, now there's a thought you could sell now at $1.70 and buy back at $1.58 post divvy
    Only down a fraction at the moment after buying before the record date

    So no capital gain so far but have that dividend

    Does his mean dividend stripping works ...at least in this case
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #339
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    The more I read, the more I like this one. Alot of their hort products are regarded as 'commodity trade' (i.e. non PVR protected) but they show reasonable production/supply chain innovation.

    I hear good things about their CEO, Andy Borland also.

    Didn't have reasonable cash to enter when they were $1.55, should I take the plunge at $1.70 or 'hope' they drop a bit for a better entry...... Think I'll just do it....

  10. #340
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    Quote Originally Posted by winner69 View Post
    Only down a fraction at the moment after buying before the record date

    So no capital gain so far but have that dividend

    Does his mean dividend stripping works ...at least in this case
    I reckon your wish for capital gains will eventuate. My spreadsheet tells me that FY16 eps=19.5

    What sort of pe ratio should we apply to this stock?
    Last edited by noodles; 10-07-2015 at 03:06 PM.
    No advice here. Just banter. DYOR

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