Tegel IPO

[RTM]

I guess our dollar going down increases the feed costs. And if that's perceived as being permenant.
Should have followed Percy out the door.

[kiwidollabill]

"....challenging market, driven by reduced industry export volumes translating to domestic oversupply"

Doesn't relate well to the export growth story from the prospectus....

[RTM]

"....challenging market, driven by reduced industry export volumes translating to domestic oversupply"

Doesn't relate well to the export growth story from the prospectus....

The days of me participating in IPO's are well over I think. Had my fingers burnt a couple of times now.

[janner]

I guess our dollar going down increases the feed costs. And if that's perceived as being permenant.
Should have followed Percy out the door.

Percy and I are mostly in agreement. Not on this one . Refer post 63.

[JeremyALD]

Tegels radio silence hasn't been a good sign and this is heading further down. If I was into shorting this would be one.

Very disappointing to see myself sucked into the IPO based on the initial forcasts!

[Leftfield]

Tegels radio silence hasn't been a good sign and this is heading further down. If I was into shorting this would be one.

Very disappointing to see myself sucked into the IPO based on the initial forcasts!

It's been my strategy not to participate in IPO's and it has worked v well for me. Much better to wait and let a company prove itself IMHO.

[Beagle]

https://www.nbr.co.nz/article/ingham...sting-b-199518

I never saw this stock flying from the get go.

[dodgy]

https://www.nbr.co.nz/article/ingham...sting-b-199518

I never saw this stock flying from the get go.

Buy the beneficiary.
Sell Tegal buy Restaurant Brands (KFC) - script or tasty chicken

[trader_jackson]

I thought Tegel in their IPO documents said that prices were about to improve?
Private Equity at it again with their ambitious assumptions to try 'get it away'

[Beagle]

Now trading at an all time low of $1.26 and probably headed lower...investors were sold a pup. Free lesson, (for those watching from the sidelines like me) and expensive lesson for anyone who subscribed to the IPO and is still holding, if Private equity are selling DO NOT BUY. Go swimming with sharks and guess what, you're more than likely to be their lunch !