Scales - SCL

[sb9]

expecting a good result and bounce above issue price soon

Should be a good one along with weakness in NZD....

[sb9]

http://www.stuff.co.nz/business/indu...-up-in-january

This should give them further boost for earnings.

[RTM]

http://www.stuff.co.nz/business/indu...-up-in-january

This should give them further boost for earnings.

I wouldn't be to sure after reading the article.
"New season apples arrived later than usual this January, and in smaller volumes, due to bad weather in spring"
Doesn't sound so good especially as most of their apples would be for export.

[bull....]

http://www.nbr.co.nz/article/nz-appl...r-productivity

lower volumes probably factored into forecasts you would think because they would have known from the flowering mths ago, also its down yr means bigger fruit should be which means more kilos for less fruit which should mean more money.

[winner69]

If fruit fly in Auckland is really bad and overseas markets dont want our apples how much does this affect Scales?

[percy]

Not at all as Scales' orchards are in The Hawks Bay.
They are however building a huge cool store in Auckland,but fruit fly will not affect it.

[Joshuatree]

It will affect the whole industry if the insect traps spread around the area start picking up more so heres hoping its just another isolated lovestruck lonely fruit fly event.

[gv1]

This one caught my attention, anyone holding this. Percy mate, hows your take on this one.

[percy]

This one caught my attention, anyone holding this. Percy mate, hows your take on this one.

I am expecting a good result,which is due shortly.Hopefully it will confirm SCL are trading on a low PE and an excellent yield,which will move the sp along.

[gv1]

I am expecting a good result,which is due shortly.Hopefully it will confirm SCL are trading on a low PE and an excellent yield,which will move the sp along.

Cheers mate, dipped my toe in this one as well.