Scales Corporation

(SCL)

NZX

Recommendation:

High Risk Buy

Share Price:

NZD

Market Cap:

$

Scales Corporation shares managed to recover from recent lows last week after being oversold over the last 2 weeks. The full-year result ending December 2022 was mixed with China’s lockdowns affecting demand and pricing offset by its strong food business. Management still paid a half year dividend hinting things aren’t as bad as the market sell-off suggests given 11 of their 15 orchards were unaffected – ~72% of Scales’ output.

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Latest Research

Solid Agriculture Play

Scales Corporation
25 January 2022

Solid Result in a Challenging Year

Scales Corporation
29 August 2021

Near Term Challenges Remain

Scales Corporation
23 April 2021

Weaker Guidance

Scales Corporation
18 January 2021

Buy the Dip

Scales Corporation
8 August 2020

Acquisition Key for Upside

Scales Corporation
14 June 2020

Recommendation:

High Risk Buy

Share Price:

NZD

Market Cap:

$

Latest Research

Solid Agriculture Play

Scales Corporation
25 January 2022

Solid Result in a Challenging Year

Scales Corporation
29 August 2021

Near Term Challenges Remain

Scales Corporation
23 April 2021

Weaker Guidance

Scales Corporation
18 January 2021

Buy the Dip

Scales Corporation
8 August 2020

Acquisition Key for Upside

Scales Corporation
14 June 2020

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