Almost feel like im done with TGR. I love the company but 5 years ago the share price was $3.9. Fast forward to today and we are sitting 10% lower. so zero capital appreciation (in fact we are going backwards) and decreasing dividend (at least this past year).
I love the company but not sure it loves me back. I thought it was undervalued but it just never meaningfully stays up. maybe im blinded because of my interest in aquaculture as a source of protein.But the fact is we have more debt and shares on issue than we did 5 years ago.
Im a patient investor and dont mind being in a company for 5 years but could it be TGR is a great company but a terrible investment
TGR Price at posting:
$3.45 Sentiment: Hold Disclosure: Held