TGR 0.00% $5.22 tassal group limited

over and out for tgr and me, page-3

  1. MJS
    2,280 Posts.
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    I'm actually pleased with the directors' approach.

    This is a stock I'm willing to be in until 2014 or 2015 so long as their strategic plan keeps moving in the right direction and hitting targets. Underperforming for a year or two doesn't worry me when (IMO and my working of numbers) in 3 or 4 years this could or should easily be 100% to 200% about the current price. 100% in 3 years is a worthwhile return whether it all comes in one year or in increments over the time. Note I'm not a trader and am in no rush with my money.

    I can see why other parties only wanted to pay $1.90 now. I can see why the directors think that under-sells it. The maths is simple really and in an earlier post of mine on this stock. I'm in the directors' camp in this case.

    MJS
 
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Currently unlisted public company.

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