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Writer's pictureLester Davids

TIGER BRANDS Building Positive Momentum In H2, Turnaround Strategy Gains Traction

  • The food producer has been a given traders a strong return over several months, with various notes having been published to highlight the opportunities and navigate the short, medium and long term views.


  • Having traded at a 5 1/2 year high of 26564c this week, the share is higher by over 33% over a 6-month period (alert 13 June).


  • The initial technical model readings were also highlighted at R144 and R160.


  • The headline of this post has been taken directly from the group's results presentation which encapsulates managements confidence in re-accelerating growth.


  • The following slides from the company's results presentation stood out to me:




 

  1. TBS discussed in the following post, which highlights our model capabilities: https://www.unum.capital/post/systematic-insights-timely-signals-from-the-tactical-trading-guide


  1. Previous Post: TIGER BRANDS: Full Target Reached at R242 - Tuesday, 27 August 2024

Pre-Market

Bank/Take Profit

Yesterday's high = 24995c



Lester Davids

Analyst: Unum Capital


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