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$5.22 tassal group limited

Wholesale pricing has not fallen - international has.

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Tinyanalyst

52 Posts.

30/11/17

13:04

Post #: 29252999
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Originally posted by zygfryd ↑

My concern is that whilst the wholesale prices have fallen considerably, this has not filtered down to the retail level and a 200g pack of Tassal still costs around $13, way too much for an average, middle class family. As such, potentially weakened figures in wholesale may not be offset by a spike in retail, although I note that the recent presentation delivered by the management and released today anticipates another record in reported profits.

Overall, I think the market labels TGR as too risky to go over $4.45 and too good to drop below $3.75 and many, including myself, invest in it short-term. I have made decent profits over the last 2 years by repeatedly buying under/around $4.00 and selling over $4.30-$4.40, but I would never consider TGR a long-term investment (but - as always - please do your own research).

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Wholesale pricing has not fallen - international has.

TGR Price at posting: $3.99 Sentiment: None Disclosure: Not Held
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