Tegel IPO

[winner69]

I tend to agree.
Very surprised that it has come back to this price with no news.
That only took a minute to be proved wrong $1.54...lol.

Hello,hello,I wonder whether the seller is buying EVO..!!???????????? .lol.
Disc.I hold both.

We were both wrong with that 155 percy

Percy, maybe we both losing our mojo with our predictions like that?

But then again a lot of selling today and a 150 close. Wonder what sellers motivation is? Surely can't go any lower - 140 odd wouldn't look good

[percy]

We were both wrong with that 155 percy

Percy, maybe we both losing our mojo with our predictions like that?

But then again a lot of selling today and a 150 close. Wonder what sellers motivation is? Surely can't go any lower - 140 odd wouldn't look good

We should know better????
I can only guess the big seller has spooked the market.Ever one now thinks the seller knows something we do not know.?Possible,yet somehow I don't think so.But no news can make people see shadows,like the sp falling below the 100 day EMA..
Maybe a lot of truth the market overshoots,and undershoots.!
Great for traders.
A couple of days ago the agm was only a month away,now it has stretched out to be four weeks away..lol.

[RGR367]

We were both wrong with that 155 percy

Percy, maybe we both losing our mojo with our predictions like that?

But then again a lot of selling today and a 150 close. Wonder what sellers motivation is? Surely can't go any lower - 140 odd wouldn't look good

Not really. Just made that price as the sign post to get my order hit at 150. Though happy about it, I'll be really worried too if it continues to hit 140 soon.

[kiwidollabill]

Puzzled by the sp drop also.

IMO the biggest long (5-10yr) risk I see for TGH is the international grain price. It's been at the floor for the last 5years and due for a rebalance - though how near that is I'm not sure as there is still a glut in supply. Know of a few importers who have found it profitable to import grain all the way from Bulgaria.... TGH may hedge the $ (and that is the other risk with it being traded in USD) but with razor thin margins it wouldn't take a massive swing in these input cost to do some massive damage to the balance sheet.

Disc: Not a holder....

[trader_jackson]

$1.50... wow, on heavy volume to... seems as soon as it went under $1.55, it was a straight staircase down... but stepping closer to Paper Tigers valuation?

[Valuegrowth]

If we know their business very well and their business model, we should not worry about volatility in stock prices.

Are they going to have strong balance sheet in the future?

How about their market share here and abroad in the coming years?

Can they generate strong cash flow in the coming years?

Not really. Just made that price as the sign post to get my order hit at 150. Though happy about it, I'll be really worried too if it continues to hit 140 soon.

[percy]

Maybe the vendor(s) have read the announcement Proten put out not so long ago?
TGH may have been guzumped on the fresh to Australia plan.

Nip over to Unlisted and have a read:
http://www.unlisted.co.nz/uPublic/un...cement_id=2841
( hope that link works...)

Thanks for the link.
That announcement was 7th August when TGH's sp was $1.63. The sp then advanced to $1.78 on 19th August before it started to drop.

[percy]

If we know their business very well and their business model, we should not worry about volatility in stock prices.

Are they going to have strong balance sheet in the future?

How about their market share here and abroad in the coming years?

Can they generate strong cash flow in the coming years?

Yes,
Yes,
and Yes.

[Valuegrowth]

Yes,
Yes,
and Yes.

I have seen some worst drop in stocks. Later they rebounded strongly breaking not only 52 weeks high but also all time high. If a company has strong fundamentals it is better to ignore short term gyrations. Market will recognize later.

Factors to watch:

Lower grain price
Their market share
New markets
Future outlook

Finally, globally chicken stocks have more legs and their major uptrend is very strong. In addition,it is wise to guard our portfolio with some defensive stocks as well. In my portfolio, I have kept some defensive cash cows.

[percy]

I have seen some worst drop in stocks. Later they rebounded strongly breaking not only 52 weeks high but also all time high. If a company has strong fundamentals it is better to ignore short term gyrations. Market will recognize later.

Factors to watch:

Lower grain price
Their market share
New markets
Future outlook

Finally, globally chicken stocks have more legs and their major uptrend is very strong. In addition,it is wise to guard our portfolio with some defensive stocks as well. In my portfolio, I have kept some defensive cash cows.

Again,yes,yes,yes.
Agree with your factors to watch and general comments.