TGR 0.26% $3.89 tassal group limited

Ann: Media Release, page-10

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  1. 1,190 Posts.
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    interesting the weakness in the afternoon after a strong open, i grabbed some extra on the weak close as i see this as a great long term investment.

    i cant understand the sell side logic here given the reasonable valuation and strong growth prospects. perhaps it was the lack of specific guidance or flat dividend, but neither of those factors bother me.

    perhaps its environmental concerns but i think those are being well managed.

    tgr is in an excellent medium term position and i agree the report was thorough and clear in its update on operations, finance and strategy.

    the 2/3 reduction in debt is great and the 30% increase biomass is the equivalent of a miner holding large quantities of their commodity ready to ship, so they are well leveraged for cashflow and earning growth.
 
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