Tegel IPO

[Joshuatree]

If the chicken portions they supply KFC become any smaller, they might as well use nibbles as drumsticks!

Jeepers cheepers Balance you better get your health sorted if you want to live longer, suppose you wash the licking good down with a 20 teaspoon sugar 1 litre of diet pepsi too!!. Do you know what floating stools mean? Get in balance manthoseshares are looking cheap. Just wait till the cycle changes and chicken feed prices go up and boy will there be some gains to be had as long as you are healthy to enjoy them.

[bottomfeeder]

Basil "A happy customer, quick stuff it."

As time goes by the price goes down, and thats why I am liking TGH better. as time goes by.

[Beagle]

http://www.bing.com/videos/search?q=...53&FORM=VRDGAR

A ways to go to get to my target price 80 cents.

[Balance]

https://www.nzx.com/files/attachments/256304.pdf

Presentation in Sydney at Credit Suisse/FNZC Conference.

Not a single sentence on the profit downgrade and why they may yet reach prospectus forecast.

Mostly repeats of the same propaganda as at the IPO - no credibility.

Conclusion : Another downgrade coming.

[kiora]

https://www.nzx.com/files/attachments/256304.pdf

Presentation in Sydney at Credit Suisse/FNZC Conference.

Not a single sentence on the profit downgrade and why they may yet reach prospectus forecast.

Mostly repeats of the same propaganda as at the IPO - no credibility.

Conclusion : Another downgrade coming.

Maybe not.Chicken in supermarket does not seem to be getting discounted as much.Back up to nearly $12/kg.More likely Tegal SP as low as it will get?

[macduffy]

FWIW, Craig's latest "News and Views" has Tegel as Overweight, with a target price of $1.60. I don't hold TGH and have no view on the "View".

[Arbroath]

FWIW, Craig's latest "News and Views" has Tegel as Overweight, with a target price of $1.60. I don't hold TGH and have no view on the "View".

Macduffy. I'd say Craig's view is worth jack sh1t. They were the lead broker for the IPO and sold this into there client base at $1.55 so hard for them to come out with the view it's only worth $1.30 or so a year later.

My personal view is around $1.10 it may well be worth picking them up as at that price the risk reward is better for what is still a heavily commodity cycle type business.

[Balance]

Maybe not.Chicken in supermarket does not seem to be getting discounted as much.Back up to nearly $12/kg.More likely Tegal SP as low as it will get?

Not sure that's right. Just bought some drumsticks at $3.99 kg and wings at $5.99 kg.

[sb9]

Not sure that's right. Just bought some drumsticks at $3.99 kg and wings at $5.99 kg.

Very true, there's been lot of cheap chicken deals still out there....sp is on fire today tough, all good.

[Balance]

Very true, there's been lot of cheap chicken deals still out there....sp is on fire today tough, all good.

When the ducks are quaking, feed 'em!

Drove by a Mad Butcher sign board by the road this morning - "SPECIAL Drumsticks $3.99 kg"

At that price, cheaper to use for soup then chicken frames for soup bones!