By James Mickleboro - December 13, 2016 Tassal Group Limited...

By James Mickleboro - December 13, 2016

Tassal Group Limited (ASX: TGR)
Salmon prices have been on a tear this year due to falling production in both Chile & Norway, despite increasing demand as a result of changing Western diets. The good news for Tassal is that the issues impacting production overseas don’t look likely to abate anytime soon, nor does Western consumers’ penchant for sushi. This should result in prices remaining high at least in the medium term. As Tassal has invested heavily to increase its own production, it has put itself in a great position to prosper moving forward. At just 13x estimated FY 2017’s earnings and providing a generous fully franked 4.1% dividend, Tassal is a clear buy for me right now.


http://www.**promotion blocked**.au/2016/12/13/3-asx-bargains-on-my-christmas-shopping-list/