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TGR - Tassal Group - BUY BUY BUY

Discussion in 'Shares' started by green8cre, 26th Sep, 2013.

  1. green8cre

    green8cre New Member

    Joined:
    26th Sep, 2013
    Posts:
    1
    Location:
    Sydney
    Engaged in the sale of Finfish. Other activities include hatching, farming processing, sales and marketing of Atlantic Salmon. Can be found in fresh fish shops, and Woolworths and Coles supermarkets throughout Australia. Products range include smoked range, frozen range, canned range, hot smoked range, and smallgoods range.

    25/09/2013: Tassal Group Ltd Announces Ownership Interest Of Allan Gray Australia Pty Ltd And Its Related Corporate Bodies
    Tassal Group Ltd announced that Allan Gray Australia Pty Ltd And Its Related Corporate Bodies holds 25,365,337 person's votes which represents 17.31% of the voting power of the Company.

    Share price has doubled since January 2013 to $3.10, steadily increasing production and has established a stable earnings level for the past five years.

    1 yr trailing return of 138.6% with a PE Ratio of 13.51, Market cap (AUD) of 454.17m

    Highly recommend this stock, explosive earnings, strong balance sheet and management. Target Price: 3.20