Tegel IPO

[Beagle]

I know nothin .....but it could be a case of buy the rumour sell the fact

Yes that is what concerns me. I've certainly noticed the clean break up through the 100 day MA like a lot of others have but...Ogden wouldn't have resigned without very good reason I would have thought, so maybe some people are counting their chickens before they've hatched ? One things for sure, although some people recently buying at $1.07 might be feeling a little clucky, poor beleaguered IPO investors sure aren't !

[JeremyALD]

Yes that is what concerns me. I've certainly noticed the clean break up through the 100 day MA like a lot of others have but...Ogden wouldn't have resigned without very good reason I would have thought, so maybe some people are counting their chickens before they've hatched ? One things for sure, although some people recently buying at $1.07 might be feeling a little clucky, poor beleaguered IPO investors sure aren't !

I'm kind of thinking he was asked to leave by Tegel, but that's only my thoughts. He wasn't a very good chairmen for them and he didn't give me any confidence in the time he was the chair of the company

[peat]

Its just that chickens (due to their rubberiness) bounce higher than cats.

[winner69]

I'm kind of thinking he was asked to leave by Tegel, but that's only my thoughts. He wasn't a very good chairmen for them and he didn't give me any confidence in the time he was the chair of the company

Ogden seems to bringing bad 'luck' to some of his other directorships - The Warehouse and Summerset

[couta1]

Ogden seems to bringing bad 'luck' to some of his other directorships - The Warehouse and Summerset

Yeah I thought to myself when they read out his directorships at the AGM, other than SUM, he had a fine bunch of dogs(Even SUM acting like one currently)

[hardt]

Good on you Hardt (And sincerely meant).

You should not make the assumptions however that the rebound is sustainable (until it really is).

Also, investors have choice to invest and you will find this revealing (I believe you also have the stock) - I found myself for example with a rather large position in another stock (knowingly) and there is no contest which stock I prefer to be in.

One has not disappointed the market, consistently delivers and is on a solid international growth path. The other has disappointed the market, been frugal with the truth and has limited growth upside.

Choose between ATM and TGH - no contest.

I already have 30% of my net worth ( of my short life's work ) in ATM, I'm not comfortable with putting anything more down, no matter how well I have done with them so far.

Quants on Tegel are solid, disregard the previous overly optimistic forecasting and just look at the numbers, explosive growth is never going to be available in a #1 market leader in NZ... Organic growth domestically and moderate export growth including a well above market dividend is all there.

Very much looking forward to the results next week, as previously stated the 105-110 entry opened up a 20-30% upside in the couple months. If the results land anywhere in the wide forecast.

Either way, it was a solid pick that many took advantage of early with very little downside in my opinion ( uncertainty breeds bargains ).

[Valuegrowth]

Tegel was due for rebound after slide in their stock prices. There is a value in chicken. Did Forsyth Barr upgrade to outperform in April 2017? I think so. Long term fundamentals are intact barring they don’t see any strong competition.

[Hoop]

Really though Hoop it all depends on the annoucement on Tuesday doesn't it. A good result and trend upward will continue, a bad result and it will go back down. People are taking positions at the moment expecting a fairly solid result in line with guidance. It completely depends on the result where this goes.

.

Exactly, or is it?...Most investors (including me) have FA dialed in as a default in their personal makeup.. and therefore puts major focus on the announcement....Are there other factors in play??
I wait for the break out..not Tuesday...

Disc: on watchlist

[silverblizzard888]

Last time there was a rebound back up to the long term trend was in Dec 16 and I don't think I need to tell you what happened next.

[winner69]

Last time there was a rebound back up to the long term trend was in Dec 16 and I don't think I need to tell you what happened next.

It went down again .....but silver, this time it's different