Scales - SCL

[sb9]

$2 here it comes....

https://nzx.com/companies/SCL/announcements/267785

[RTM]

Yes....and they also have to add in the effect of the exchange rate movement. That has to help as well. Great !

[stoploss]

No stoploss - keep buying Scales to get the shareprice up to 200

THEN you will be well rewarded when instos finally realise they need to start buying

No worries always happy to help

[drcjp]

Loving it. Having made ~50% on SUM now happy for it to carry on here. Transferred all SUM to SCL just in time! Also happy to help

[gv1]

Phew...I am not selling any of mine.

[Regi]

Was about to buy SCL this morning but was running late for my lecture so I didn't get a chance... and then it finished at 2. Wasn't that just perfect timing?!

Too late to jump aboard now after the market update I suppose? Where are you all thinking the SP will go in the coming months?

[Beagle]

$2 here it comes....

https://nzx.com/companies/SCL/announcements/267785

That is fantastic news. In tandem with the substantial fall in the $Kiwi the outlook is very bright !! $3 this time next year Regi...you read it here first.

[sb9]

I know the feeling Regi, its bummer isn't it? Happened to me on some other stocks.

However, I feel there is another 10% upward potential from here until they announce the half year results next month. Just purely my own opinion though, but in the long term (1 year+) it'll fetch good returns (divvies+capital gain).

[macduffy]

That is fantastic news. In tandem with the substantial fall in the $Kiwi the outlook is very bright !! $3 this time next year Regi...you read it here first.

Why do I have this feeling about market expectations getting ahead of themselves? And all because of the humble apple?

Disc: Holding - for now.

[Beagle]

I think after this announcement 10% is very conservative mate. A little birdy told me this morning that First N.Z. updated their valuation yesterday to $2.35 and that was before today's announcement !!