TGA 0.00% $1.17 thorn group limited

Ann: TGA 2013 Results Presentation , page-33

  1. 691 Posts.
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    The final analysis is that the profit was flat hence the share price will settle to its stable level - about $2.05 +/- 5%. Little sallies above or below the range are hardly a new trend and aren't statistically significant, just a little bit of noise.

    What's not clear are the macro trend risk/opportunity. I wouldn't think the fall in the AUD will help the retail side of the business but they are far less exposed than others.

    Picking companies that benefit from a falling AUD is probably a better strategy right now than waiting for TGA to perform.
 
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Currently unlisted public company.

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