Tegel IPO

[winner69]

Filthy: good company & it’ll come right once they can unlock the potential

Been building that potential up over 56 years or so eh .... have to be unlocked one day ...yes?

[Balance]

Been building that potential up over 56 years or so eh .... have to be unlocked one day ...yes?

I think Feltex was a good company waiting for its potential to be unlocked?

Pity it had to go broke first and allow Godfrey Hirst to realize that potential eh?

[Beagle]

I think Feltex was a good company waiting for its potential to be unlocked?

Pity it had to go broke first and allow Godfrey Hirst to realize that potential eh?

LOL that's a real classic, surely the best post on this forum today !

[Filthy]

Which will need capital and needs volume.. The rest need labour.. Which is expensive..

pass this through to the customer though. people are lazy, so happy to buy ready-made as long as it tastes good eh

[Filthy]

Been building that potential up over 56 years or so eh .... have to be unlocked one day ...yes?

we'd have the place humming eh W69! lol

[Filthy]

I think Feltex was a good company waiting for its potential to be unlocked?

Yes, Feltex was abysmal... a different company, in a different time, in a different market..... a very comical comparison though Bal! lol

Surely punters wont see TGH 'going broke' any time soon.

[janner]

pass this through to the customer though. people are lazy, so happy to buy ready-made as long as it tastes good eh

A little late for Tegel to follow that path.. Colonel Sanders moved on that one in 1952..

Could be a better place to put any spare cash..

[Balance]

A little late for Tegel to follow that path.. Colonel Sanders moved on that one in 1952..

Could be a better place to put any spare cash..

The halal market is certainly there for non-pork ham and sausages. Unfortunately, that market is well supplied already.

Go to the local supermarket and you will see chicken 'ham' and sausages - unfortunately again, they are priced about the same as the ham and other sausages.

[Baa_Baa]

The halal market is certainly there for non-pork ham and sausages. Unfortunately, that market is well supplied already.

Go to the local supermarket and you will see chicken 'ham' and sausages - unfortunately again, they are priced about the same as the ham and other sausages.

Whats the retail price update this week Balance? Up, down, unchanged? I rely on you for my chicken shopping advice, whether it's Mad Butcher specials or somewhere else. I don't like high prep chicken though, I prefer skin on, just hack the limbs or breasts off, sell it as is in a big flat pack, cook a few, freeze a few, the less human intervention the better. Keep an eye open for those specials would you please and keep us posted. Thanks.

BAA

[Hectorplains]

I don’t see chicken as much of an ‘exportable product’

most other countries already farm their own, so there is absolutely no differential for Tegal unless they can really push the “100% Pure NZ” (free-range? organic? grain fed?) angle

the real growth path lies solely within the domestic market via offering value added products

The Aust market is doable. Afterall, Inghams has made ground here - so the reverse is always possible. The ability to export raw to the West Island has huge potential .. but it's one they've not , thus far, delivered on.

I agree, they need greater product innovation, this was outlined as a focus in the IPO document - and what's to show?

This stock is not as poor as some would hope, the doomsday - Feltex comparisons et al, but they have been a s##t on a stick investment.