Holder since August, and looking forward to TGR results this week.
I am concerned by the increase levels of short positions in TGR. do these shorters know something that I don't?
I am expecting volumes and margins to be strong as:
- TGR invested in capacity growth over the last couple of years, volumes should continue to increase as past record suggests.
- Margins should be up as TGR have exited supermarket contract.
Bonus points if they have improved the De Costi business in someway i.e. better use of the distribution channels to supply Tassals salmon to wholesale customers?
TGR Price at posting:
$4.47 Sentiment: Hold Disclosure: Held