best performer june ?, page-3

Possible reasons for TGR Rise

- World Salmon prices close to record highs. This is especially good if the AUD is dropping relative to the currency with which the salmon is traded.

-domestic market growing strongly. company highlighted in their last presentation that the $/Kg sold had risen domestically.

-TGR currently trading cheaply relative to markets expectation of FY'14 earnings. It is getting up to a fair price relative to current year, however i think they are going to record a big increase in profit.

-There are only few Food stocks on the ASX and even fewer that are actually performing well at the moment.

I bought in at $1.93 a while back after spotting it at $1.50 and being indecisive. I was surprised it got past $2.50 however i think strong future earnings expectations are driving it forward.

$3 before September possibly? could be sooner the way it is rising.

DYOR