I heard that the best salmon in the world is grown in the cool, deep waters of the Marlborough Sounds, New Zealand. Did anybody study their balance sheet?
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I heard that the best salmon in the world is grown in the cool, deep waters of the Marlborough Sounds, New Zealand. Did anybody study their balance sheet?
Hmm
I recall NZ Salmon, crashed spectacularly in 1987. Not for me thanks, too many risks.. disease.. oversupply etc
Beware a venture capital company exiting...
I was looking at a broker's report on ASX listed Ridley and noted the following:
"RICexpects further volume pressure from salmon in FY17, implying another year inwhich aquaculture is a headwind;"
I will look but don't expect to be a starter.
http://www.shareoffer.co.nz/newzealandkingsalmon
Far beyond investment grade quality, maybe BB-ish.
Looks like Tegel has more opportunity with NZ's population growth, export growth, and less environmental/social risk than NZKS.