I also buy Tassal products especially the cooked variety. The small local guy I think actually sources his Salmon from Tassal. I cannot get to his shop on time so about a third of the time I buy the Tassal Product.
Your research is good and I will go and look a lot more closely.
I have the stock and it siots as a small portion of a few portfolios. I think that the way they used to be with presentations etc they had the ear of a few brokers. I think the steady decline from the $2.00 mark has most of those brokers no longer punting it.
I think that if they just do things correctly they will be a very powerful player as they probably have the lowest gearing of many of the companies in this sector. Pay off the debt via Depreciation a non cashflow item and you could have a very good return.
I just am not sure why if it was so well run it has not received a vable takeover offer $1.90 right now would probably swing it for most shareholders $1.24 is really not doing the portfolios any good.
Once again thanks for your insight and expertise its much appreciated.
TGR Price at posting:
$1.25 Sentiment: None Disclosure: Held