TGR 0.00% $5.22 tassal group limited

$7.04 Target by Barchart, page-3

  1. 5,227 Posts.
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    Thanks aza, for the post and links.
    All TGR holders need to remember that TGR is a commodity stock (like BHP or RIO) with a slight twist (they sell to the general public, so have some limited pricing power), but ultimately the revenue will always be impacted by the world supply / demand equation for Salmon and seafood. The other risk to TGR holders is that it is an agricultural commodity stock (like Graincorp). This means that there is an additional overlay to the basic commodity risk and that is weather or biological events that are outside the control of the company. While the sp may get to $7.04, if a bad season happens, the sp could easily halve.
    This stock is not for the faint hearted. It could reward hugely or disappoint very quickly. Holders need to be conscience of the risks that holding this stock pose.
    I certainly want to accumulate, but patience is the key.

    HT1
    Last edited by Horsetrader1: 20/11/15
 
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