Unfortunately there is little information from management on the continued slide in the wholesale market. There is no real information on production trends- they were supposed to be increasing with all the investments in past years - hot summers?? increased mortality??
TGR has been riding a wave of healthy living and increased oily fish consumption - but to read management speil they alone are driving the consumers with their great work.
Please - Give shareholders a break from the "waffle" of achieving X% return on assets etc etc and instead consider communicating more on production volumes ,weight and size by age,mortality rates and real targets that you are setting for TGR. What is the next phase of infrastructure expansion and how will it deliver progress to clearly defined targets?.
I have held TGR for a considerable time and have benefited from its stellar rise over the last year but i believe its management is fairly ordinary and it may be fully priced.
I have sold my holdings awaiting further clarification from management= safer in cash than their hands?
TGR Price at posting:
$4.00 Sentiment: Sell Disclosure: Not Held
