Scales - SCL

[percy]

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.

[noodles]

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.

[percy]

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.

[noodles]

10% plus dividend will be most welcome.!! lol.

We should get a broker upgrade tomorrow.

[percy]

We should get a broker upgrade tomorrow.

Do you think we are well positioned?? lol.

[noodles]

We should get a broker upgrade tomorrow.

The 2 analysts offering 12 month price targets for Scales Corp Ltd have a median target of 182.50, with a high estimate of 200.00 and a low estimate of 165.00.

I suspect the low estimate will be raised when in the next couple of days.

Given it is fresh in the mind of the brokers, it may even make the broker picks for 2015.

http://markets.ft.com/research/Marke...asts?s=Scl:NZC

[Okebw]

We should get a broker upgrade tomorrow.

Bingo.

Craigs have upgraded it to a buy with a price target of $1.70.

I shan't post it here since I'd probably get in trouble but its fairly good reading

[Joshuatree]

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

[noodles]

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

[Joshuatree]

Have a listen to the man himself
http://www.radionz.co.nz/national/pr...-year-guidance

Thanks noodles heres hoping there is a good crop at harvest. The few trees here have lost a heck of a lot of young apples (and plums) in the storm passing through today. Not a commercial apple growing here, just commenting on weather dependent crop risk. Have emailed them just now.