TGR 0.00% $5.22 tassal group limited

GFC - 09 Tassel delivered an excellent result. Salmon sales...

  1. 105 Posts.
    GFC - 09 Tassel delivered an excellent result. Salmon sales volume rose 21.5% and revenues up 22%.
    Outlook:
    People in Western countries are starting to recognise health benefits associated with Salmon, there is also a growing acknowledgment of the importance of farmed fish.
    Tassel is the the dominant salmon producer in Aus, with 65% domestic marketshare,
    They are also predicting to be in the world's top 10 salmon producers by 2015.

    I have had an interest in the stock for a few months and been watching it drop quite a bit these past few days.

    Would be interested to gain feedback from some long term holders on how the company is managed etc.

    Seems like a good buy with prices under $1.7

    Cheers,
    Steve.
 
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