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08-05-2017, 03:53 PM
#731
Originally Posted by Roger
Talk about saving IPO investors bacon !.
Their bacon got sizzled because they believed the " Porkies "..
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08-05-2017, 03:55 PM
#732
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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08-05-2017, 04:47 PM
#733
Animal farm anyone 2 legs good ,4 legs better
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09-05-2017, 01:57 AM
#734
Originally Posted by janner
Their bacon got sizzled because they believed the " Porkies "..
There's a reasonable global demand for beef, turkey, and chicken "bacon".
I wonder if Tegel might want to consider the "halal bacon substitute" market.
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09-05-2017, 03:22 AM
#735
Originally Posted by GTM 3442
There's a reasonable global demand for beef, turkey, and chicken "bacon".
I wonder if Tegel might want to consider the "halal bacon substitute" market.
Tegel *invented* chicken bacon back in 2002!
http://www.scoop.co.nz/stories/BU021...to-fly-hig.htm
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09-05-2017, 05:37 AM
#736
Originally Posted by hardt
"I managed to find some turkey bacon in the United States and in the UK, but chicken didn’t feature in any of the major markets. While it may exist in some tiny market somewhere, we couldn’t find it so we believe it’s another world first for New Zealand.”
Having seen and tried it in Egypt somewhat before 2002, I'll take the comment from Category Manager Christine Taylor with a grain of salt.
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09-05-2017, 09:31 AM
#737
Originally Posted by GTM 3442
"I managed to find some turkey bacon in the United States and in the UK, but chicken didn’t feature in any of the major markets. While it may exist in some tiny market somewhere, we couldn’t find it so we believe it’s another world first for New Zealand.”
Having seen and tried it in Egypt somewhat before 2002, I'll take the comment from Category Manager Christine Taylor with a grain of salt.
Chicken bacon (and ham) certainly gets served in Muslim countries or in what are termed halal eating places where I have visited in Asia and the Middle East. They are not that popular however as they lack the flavor and crispyness of real bacon.
Tegel's problems have a lot to do with the ramped up production of poultry in Australasia. Demand has not kept pace and exports are not really ramping up fast enough to absorb the increased supply.
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09-05-2017, 01:39 PM
#738
Originally Posted by Balance
Chicken bacon (and ham) certainly gets served in Muslim countries or in what are termed halal eating places where I have visited in Asia and the Middle East. They are not that popular however as they lack the flavor and crispyness of real bacon.
Tegel's problems have a lot to do with the ramped up production of poultry in Australasia. Demand has not kept pace and exports are not really ramping up fast enough to absorb the increased supply.
Vile though it may be, the Middle East tourism industry (with the exception of the Hilton at Ras Al Khaimah) goes through tonnes of the stuff.
Someone's going to sell it to them. Why not Tegel?
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09-05-2017, 02:59 PM
#739
Originally Posted by GTM 3442
Vile though it may be, the Middle East tourism industry (with the exception of the Hilton at Ras Al Khaimah) goes through tonnes of the stuff.
Someone's going to sell it to them. Why not Tegel?
Tegel has actually been doing a good job of increasing exports. Whether the exports are as profitable as the domestic market is however difficult to assess as there is no breakdown of profitability between domestic sales vs exports.
Hard to see Tegel being able to compete very successfully with exports from the likes of Brazil (US$6.2 billion), US ($3.06b), Netherlands ($2.1b) and China ($1.03b)*
* Source - WTEx
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09-05-2017, 08:49 PM
#740
Another downgrade is not coming... no news is actually good news - the market is just erratic and speculative.
Will wait for it to plateau a little, then I will accumulate a large portion before the results land on 27th of June.
BE SURE TO HOLD ME TO ACCOUNT COME THE RESULTS IN JUNE...
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