TGR - Tassal Group

[UMike]

Done...

Out @ $3.11

Been a nice little 2 bagger plus divies.
Probably up on the propsect Of the Libs winning the upcomming General election.

No need to eat Salmon as often now.

 

[green8cre]

Engaged in the sale of Finfish. Other activities include hatching, farming processing, sales and marketing of Atlantic Salmon. Can be found in fresh fish shops, and Woolworths and Coles supermarkets throughout Australia. Products range include smoked range, frozen range, canned range, hot smoked range, and smallgoods range.

25/09/2013: Tassal Group Ltd Announces Ownership Interest Of Allan Gray Australia Pty Ltd And Its Related Corporate Bodies
Tassal Group Ltd announced that Allan Gray Australia Pty Ltd And Its Related Corporate Bodies holds 25,365,337 person's votes which represents 17.31% of the voting power of the Company.

Share price has doubled since January 2013 to $3.10, steadily increasing production and has established a stable earnings level for the past five years.

1 yr trailing return of 138.6% with a PE Ratio of 13.51, Market cap (AUD) of 454.17m

Highly recommend this stock, explosive earnings, strong balance sheet and management. Target Price: 3.20

 

[UMike]

Pays a resonable and increasing dividend also.

I feel Lucky to get back into this stock at $2.91 Last Friday.

 

[UMike]

Out today at $3.41.....

Hoping for a dip but with the buyers out numbering sellers 2-3 fold I might be waiting a while.

 

[UMike]

In (Late October) and Out today @ $3.28.

Seems to have a floor of about $3 and bounces Around the high $3.20s.

Been my best share this year.... Hope it dose the same behaviours in 2014

 

[Value Collector]

Been my best share this year

Same, i have held this stock for a few years now, got in @ $1.50 I am happy to hold, i think we should see an incremental increase in earnings over the next few years, And the share price should move with it.

 

[piggybank]

Up 130% in the past year alone, Tassal Group’s (ASX: TGR) investment strategy, which focuses on delivering quality fresh salmon to the domestic market instead of focusing on volatile export markets, has been well received by investors. As the company transitions to its new growth model in 2014, earnings can be expected to remain largely flat, but in coming years could jump significantly. Paying a 3.5% dividend (which will likely increase in 2014) Tassal deserves a spot on your long-term watch list.....

http://finance.ninemsn.com.au/newsbusiness/motley/8773720/5-growth-stocks-investors-cannot-ignore

​

 

[DrapSnagon]

GRRRR

This has been on my watchlist since mid-2012 and never once has it fallen far enough to confirm a buy. Not even intraday.

Sad really, because taking the plunge around 130c would have turned out to be an inspirational move. Still, rules are rules [even self-imposed ones], so all I can do now is b1tch in a forum such as this about missing it .

FWIW, my current trigger for it {updated daily} is 327c, so any substantial holders out there willing to throw me some crumbs at this level or below, feel free

Until the model revalues it, of course.

Congratulations to those who bit the bullet this time last year.

Snap

PS:- And, while I'm a consumer of products on offer from companies like banks, as well as an investor in them, I don't actually get all red-faced and excited every time I visit an ATM. With Tassal , I'm sure that you existing shareholders take just a little extra pleasure from that last salmon cutlet, or smoked fillet or whatever. One day, I hope to join you

 

[piggybank]

Daily P&F Update:-

​

 

[craft]

Fish waste currently sold to 3rd party contractor. TGR has received conditional approval to build their own facilities to be able to value add.

Tassal has received a green light from the Environmental Protection Agency to build and operate an AUD 11 million (USD 9.9 million, EUR 7.2 million) fish factory near Triabunna ”” a likely boost for locals hit hard by the collapse of the forestry industry. The factory, 5km north of the town on the Tasman Highway, will process all the fish waste generated in Tasmania ”” up to 20,000 metric tons ”” into fish oils, health products and fish feed

 

[VSntchr]

They use the fish waste from FARMED fish to create fish oil and "health products"?

Not a fan of farming fish, on the surface it may seem more sustainable but it really isn't.

 

[craft]

They use the fish waste from FARMED fish to create fish oil and "health products"?

Not a fan of farming fish, on the surface it may seem more sustainable but it really isn't.

There are environmental concerns as there is with any agriculture. Farmed salmon is defiantly a luxury item that has more environmental impact then eating some other fish stocks. Really, the same can be said for any farmed meat – On environmental grounds we should all probably be vegetarians – Don’t think that’s going to happen, so it’s about how it’s managed.

Interestingly, Tasmania has a very strong environmental movement and for the most part Tassal has achieved and continues to hold a social licence to operate (unlike forestry). It says a lot about how they approach and manage environmental issues.

 

[Value Collector]

They use the fish waste from FARMED fish to create fish oil and "health products"?

Not a fan of farming fish, on the surface it may seem more sustainable but it really isn't.

What part of Tassal's operations would you consider unsustainable?

p.s

They use "waste fish" left over from both the farming and regular fishing industry to make fish oil, not fish waste( saying "fish waste" instead of waste fish might make people think you mean fish poo)

They also catch a lot of wild sardines and other forage fish to make fish oil.

 

[VSntchr]

There are environmental concerns as there is with any agriculture. Farmed salmon is defiantly a luxury item that has more environmental impact then eating some other fish stocks. Really, the same can be said for any farmed meat – On environmental grounds we should all probably be vegetarians – Don’t think that’s going to happen, so it’s about how it’s managed.

I don't eat any farmed meat. Well, to some extent its farmed..but its all open pasture grass fed that I buy in bulk (a half cow/lamb at a time.
I've looked into the ethics of meat consumption after being vegetarian for a period of time and the likes of Joel Salatin, Paul Chek and others gave me a great insight into sustainable farming and how it is actually far more sustainable than agriculture based vegetarian diets. Way off topic now and don't want to start an argument with any fuming vego's reading this so I'll stop.

Value Collector, I haven't looked specifically at Tassals operations but if your interested do some research on the Norwegian Salmon Farms in Canada and the devastation it has caused to the surrounding populations of natural salmon. As an aside, have a look at what they are feeding the salmon...and remember you are what you eat!

 

[craft]

I don't eat any farmed meat. Well, to some extent its farmed..but its all open pasture grass fed that I buy in bulk (a half cow/lamb at a time.
I've looked into the ethics of meat consumption after being vegetarian for a period of time and the likes of Joel Salatin, Paul Chek and others gave me a great insight into sustainable farming and how it is actually far more sustainable than agriculture based vegetarian diets. Way off topic now and don't want to start an argument with any fuming vego's reading this so I'll stop.

Value Collector, I haven't looked specifically at Tassals operations but if your interested do some research on the Norwegian Salmon Farms in Canada and the devastation it has caused to the surrounding populations of natural salmon. As an aside, have a look at what they are feeding the salmon...and remember you are what you eat!

Crap - I just ate some nuts.

VS - if you ever get around to it (ignoring the bigger question of whether we should eat salmon or not in the first place - given that somebody somewhere will meet the demand.) See what you think of how Tassal handles the environmental aspects. I would appreciate your thoughts.

Cheers

 

[craft]

There is a wealth of environmental and sustainability information on TGR’s website for those interested.

http://www.tassal.com.au/sustainability.html

Including the annual sustainability reports.
http://www.republicast.com/publications/66c140edc03347f9ace4433bcc76c15a/#p=1&c=0&v=1

"We are proud of our partnership with Tassal, a company which is demonstrating leadership to mitigate the environment impacts of aquaculture. Poorly managed aquaculture operations can have impacts on our marine species and environments. But when done properly, aquaculture can indeed take pressure off marine ecosystems by reducing exploitation on wild caught fisheries. Tassal may be one of the first salmon farms in the world to be deemed responsible through ASC certification - an independent and scientific certification process. I would like to congratulate Tassal on their continued efforts, and look forward to working in partnership over the coming years"

Dermot O'Gorman, Chief Executive Officer, WWF-Australia

 

[Value Collector]

.

Value Collector, I haven't looked specifically at Tassals operations !

Well perhaps you shouldn't make bold statements that their operations are unsustainable.

but if your interested do some research on the Norwegian Salmon Farms in Canada and the devastation it has caused to the surrounding populations of natural salmon.

Does Tasmania have natural population of Atlantic salmon?

You have to be careful with your "holy than thou" assumption with your source of protein, Even your grass fed beef has an impact, the clearing of land to grow pasture offsets a certain amount of natural habitat for native animals.

I went driving on the weekend through some of rural nsw, beautiful landscapes with rolling hills of cleared pasture with cattle grazing, but to think it was all once natural bushland with a great diversity of native species shows the cattle industry has a big impact also.

As an aside, have a look at what they are feeding the salmon...and remember you are what you eat

They feed them a nutritionally rich pellet made by ridley corp, Its main imputs are as followed.

1, Fish oil and fish meal sourced from waste fish from the fish processing industry ie, the left over bits from when you purchase a prime fillet of fish

2, fish oil and fish meal sourced from direct fishing of forage fish ie, they fish sardines especially to be processed into fish meal and oil.

3, Grains ie, corn, wheat, flax seed etc

4, Protein and fat from the poultry industry ie, the bits left over once the breast and thighs are removed.

Seems ok to me.

Not to mention salmon has one of the best feed conversion rates of any of the major proteins we eat, because they are cold blooded.

 

[pixel]

There are environmental concerns as there is with any agriculture. Farmed salmon is defiantly a luxury item that has more environmental impact then eating some other fish stocks. Really, the same can be said for any farmed meat – On environmental grounds we should all probably be vegetarians – Don’t think that’s going to happen, so it’s about how it’s managed.

Salmon a luxury item? I'll definitely defy any such claims - just compare kilo prices of Salmon to Snapper and other trawled species at your local fish counter. (Of course, you can eat Basa or other Catfish caught in the Mekong or thereabouts for less. But I'm sure we're not talking about that ...)

Agree with you on the rest though, especially the need for managing the environment. Having had a closer look during my last visit to Tasmania, I'm impressed about the way Tassal are handling that side of their business.
It seems the Market sees it similarly, if the chart is anything to go by:



PS - Thanks ValueCollector: My thoughts exactly.

 

[craft]

Well perhaps you shouldn't make bold statements that their operations are unsustainable.



Does Tasmania have natural population of Atlantic salmon?

You have to be careful with your "holy than thou" assumption with your source of protein, Even your grass fed beef has an impact, the clearing of land to grow pasture offsets a certain amount of natural habitat for native animals.

I went driving on the weekend through some of rural nsw, beautiful landscapes with rolling hills of cleared pasture with cattle grazing, but to think it was all once natural bushland with a great diversity of native species shows the cattle industry has a big impact also.



They feed them a nutritionally rich pellet made by ridley corp, Its main imputs are as followed.

1, Fish oil and fish meal sourced from waste fish from the fish processing industry ie, the left over bits from when you purchase a prime fillet of fish

2, fish oil and fish meal sourced from direct fishing of forage fish ie, the fish sardines especially to be processed into fish meal and oil.

3, Grains ie, corn, wheat, flax seed etc

4, Protein and fat from the poultry industry ie, the bits left over once the breast and thighs are removed.

Seems ok to me.

Not to mention salmon has one of the best feed conversion rates of any of the major proteins we eat, because they are cold blooded.

Value Collector or should I say TysonBoss1

How about easing up a bit. There are legitimate environmental concerns and VS has every right to raise them without being accused of being "holier than thou"

How they are being managed I think stands TGR in good stead.

 

[craft]

Salmon a luxury item? I'll definitely defy any such claims

I meant it in terms of kilogram input per Kilogram of output. Just on an environmental basis we would be better off eating the fish used in making the fishmeal (sardines etc) then eating salmon hence its an environmental luxury.