Gearing is 33.5% - this is as a result of the acquisition of De Costi Seafoods
De Costi Seafoods of the acquisition was funded through debt,----------- many did with capital raising
the soft commodity is nothing to do with BHP or RIO
Revenue grew by 40%---excellent
13.2% growth in EBITDA--------good
cash conversion was 100% EBITDA--------great
seafood prices are very high because high demanding
Tassal is the market leader
It is big enough to against any retailer's bossing
market shock only lasted one day as loss of Coles contract on 7/4/16-----TGR did not lost any shares, then WOW instead
future for Aussi seafood is great as the water is clean & fish is the most health food----higher international & domestic demands
TGR Price at posting:
$4.17 Sentiment: Buy Disclosure: Held
