Market Gap and drop, what have we missed?, page-88

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aniesbaswedan

6,681 Posts.

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08/12/17

19:40

Post #: 29496878
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Originally posted by slc4me ↑

If you really do work for a firm in this game I suggest you dont post at all - be it a positive or negative post. Having been in this game for over 30 years I suggest you read your companies policy - unless it is a real tin pot operation it will ban you from posting anything on any social media in regards to ASX companies.

Having said that I raised the issue of El Nino on the 28th of November. I still find it hard to believe a news corp article (not known for the embrace of science) would spark a sell off.

"Post:29180717
Well the SP has certainly pulled back today - back to my buy in price.

Out of interest I note we are now over a 70% chance of having an El Nino. For those with more knowledge then me on aquaculture how much of a detrimental effect is this going to have on the health and quality of fish stock?"

Disappointed the company has not issued anything in the last day or two so I will take the view nothing has changed from the recent presentations. On all the financial fundamentals it says to me it's a screaming buy at $3.45 and a bloody good buy at $3.62. Time will tell - it always does. Very confident this will be $4.50 to $5.00 in 12 months.

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Fool website released an article today about tassal decline in share price. The article suggests that the SP drop is caused by the downgrade from Ord Minnet and JP morgan citing 32% decrease in international salmon price and yet they upgrade huon aqua significantly. The interesting thing, however, is that huon SP has been declining also, in fact it started dropping well before tassal price started dropping...so weird. I own shares at Huo at quantities double that of the amount I have for TGR but still weird. The downgrade is very contradictory.

Last edited by aniesbaswedan: 08/12/17

TGR Price at posting: $3.62 Sentiment: Buy Disclosure: Held
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Market Gap and drop, what have we missed?, page-88

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