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20-02-2018, 06:36 PM
#1151
 Originally Posted by flyer
Shortage of chicken in the UK, KFC has had to close stores because they cant get any. Maybe a flow on effect may follow, pity Tegel cant supply to them.
I believe its the United Kingdom
https://www.ft.com/content/2f98f57e-...6-4a6390addb44
Company blames ‘teething problems’
but I thought chickens didnt have teeth
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20-02-2018, 07:07 PM
#1152
No shortage of chicken but a stuff up by the new logistics contractor DHL.
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22-02-2018, 05:51 PM
#1153
Bit of misfortune for Tegel
Suppose ammonia and dead chickens don’t mix
Last edited by winner69; 22-02-2018 at 07:15 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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22-02-2018, 07:00 PM
#1154
That link has expired W69
Download Document 361.93KB
The company is working to quantify the one-off costs relating to the disruptions. At this stage theeffect on Net Profit After Tax (NPAT) is estimated to be between NZD$1.5 million and NZD$2.0 million.
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22-02-2018, 07:28 PM
#1155
Hope Ingram’s not winning in NZ at Tegel’s expense
In spite of market dynamics remaining challenging in NZ they say — The company said New Zealand performance improved in the first half, supported by growing poultry volumes and dairy feed demand, with revenue for New Zealand $191.1m for the half, up from $185.5m for the first half of the 2016 fiscal year.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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26-02-2018, 04:35 PM
#1156
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28-02-2018, 06:56 PM
#1157
Proposed factory near Dargaville sounds gross
John Hart (@farmgeek)
28/02/18, 4:29 PM
Tegel is considering burning 56,000 tonnes of chicken manure each year, plus floor litter, plus about 40 tonnes of carcasses (at 3% mortality).
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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08-03-2018, 10:00 AM
#1158
Originally Posted by Balance
https://www.nzx.com/announcements/315217
Another profit downgrade but wait, there's more - $8m to $10m of one-off costs.
Otherwise, all's fine and the company is growing volumes!
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08-03-2018, 10:05 AM
#1159
Just gets worse doesn't it.
The only thing going for it is probably a consistent dividend yield.
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08-03-2018, 10:13 AM
#1160
This really is no "clucking" good.
As noted in the FY18 Interim Results, an internal restructure of the business was completed in February 2018 resulting in roles being consolidated. Although there will be a short term cost impact in the FY18 year, there will be ongoing benefit from the improved organisational structure.
They really don't get it do they ! What they need to tell the market is what the annual savings will be from the organisational review. No investor cares about whether their management processes are better or not !
For instance, If they said we're going to save $2m per annum from our extremly bloated head office costs the market might say thank goodness for that !
Tegal and Beagle rhyme but I wouldn't have a bar of this flea ridden mutt !
Last edited by Beagle; 08-03-2018 at 10:16 AM.
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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