Weaker wholesale prices for a commodity (which Salmon is) is a function of either weaker world demand or increased world supply. This has not been the message that has been told by either TGR or HUO. I suspect that when the analyst models have the weaker pricing factored in, it reduced the valuation.
I would like to see more information on world supply / demand forecasts in the presentations.
Pricing is now more realistic with earnings forecast, IMO
HT1
TGR Price at posting:
$3.88 Sentiment: Hold Disclosure: Held
