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$5.22 tassal group limited

Ann: HY20 results release date and investor call details, page-10

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optimistus

4,864 Posts.

886

12/02/20

09:46

Post #: 42879046
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Originally posted by davidtsao15: ↑

The main issue is that demand of seafood is dramatically low in overseas markets.

Many restaurants have shut down in Asia; no travellers; China's GDP is expecting a 1.5-2% decrease. Japan, Korea, Singapore, Hong Kong are all experiencing the same problem.

Australia's market is also being severely attacked. Scottmo has extended the strict boarder control policy for another 14 days, which can prevent the spread of virus, but it also means no overseas students, no travellers, import/export pending. Rental market, real estate, restaurants, hotels etc. are all in a nightmare.

Who cares about high quality food and biosecurity? At this point of time, the priority is to survive!

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I was expecting the announcement to be out by now so we could read over before the open. Surely they're not going to release during trading........

TGR Price at posting: $4.12 Sentiment: Hold Disclosure: Held
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