nice presentation despite being light on any detail regarding specific figures/ forecasts.
i think the theme is great regarding the aggressive move to capitalise on the high global salmon producers ces which is a rare opportunity that they have a unique opportunity to capitalise on.
they are also investing capex towards reducing production costs in salmon and decosti.
i think all this will be highly eps and margin accretive.
i am moderately invested at around 3-4% of the portfolio but dont have much free cash to add to my tgr as i have been putting it into more lucrative options (hopefully) in ore at sub $3 and myx at 1.30 and pai at 99c.
perhaps i can sell something performing weakly to find some more cash but especially if tgr drops further. i think it is lacking direction after the capital raise but this is a good buy for medium tern at current price surely.
TGR Price at posting:
$4.46 Sentiment: Buy Disclosure: Held
