I have been watching SCL with interest following comments on ST over the past week or so. Took the plunge yesterday at 183. Very happy with 4% gain in one day - much better than dollars in the bank!
You might be interested in these excerpts from a report on the apple industry published in Hawkes Bay Today this morning:
A huge shift in the Hawke's Bay economy is under way as the region plays a major part in the growth of a billion-dollar apple export target by 2022 in only half the time that was forecast.
A hint of the boom came in Statistics New Zealand figures released this week, highlighting that New Zealand's fruit exports in the year to June reached an all-time high of $2 billion, up 20 per cent for the year to June 2014.
[Growth] is such that the target for the annual New Zealand apple export to hit $1 billion by the year 2022 could be reached as early as 2017.....
...."wheels are in progress" with multiple new plantings in the Hawke's Bay region to cater to the booming Asian market and the Middle East.
"We think we will hit the target years and years earlier than we expected at the current level of trajectory"
"Record monthly fruit exports in April, May and June 2015 led to an all-time high for the year ended June"
Looks great for the industry and for SCL's share of the activity.
Last edited by pierre; 30-07-2015 at 12:50 PM.
Reason: typo
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Originally Posted by axe
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