i think their prospects are great and i think fy18 will show solid top line revenue growth and bottom line eps growth and then fy19 will build on this even further. I'm surprised more people haven't cottoned on to their positive outlook, and i think the environmental issues have settled for now which was a drag on the sp.
can't wait for their next trading update, but i guess it will be the next half yearly. we should find our way back to the mid to high 4s then if the fundamentals remain sound with solid growth forecast from the investment in new facilities and especially in biomass, particularly holding back salmon hogs longer to allow for more growth and ultimately higher profit.
i think the de cost acquisition with cost, scale, cross-selling and distribution synergies should flow through further to profits in fy 18 and fy 19.
TGR Price at posting:
$3.91 Sentiment: Buy Disclosure: Held