NZK - NZ King Salmon

**Balance** · 06-09-2016, 09:48 AM

Originally Posted by ari

Note to myself.....never touch anything to do with fish! Aquaria 21, Regal Salmon, SeaDragon.......

Haha - I actually made very good money out of my huge mistake putting money into Aquaria 21, courtesy of Eric Watson!

Aquaria 21 was heading for receivership until the backdoor boys started the rumours that Eric was going to use the company as a vehicle for 'Flying Pig'. Sp went up 50% and I gratefully exited to the backdoor boys and their followers who were pumping the sp up.

One very lucky escape and a very valuable lesson learnt.

**Out to lunch** · 06-09-2016, 10:46 AM

Originally Posted by Balance

NZ exports to China have grown by billions of dollars since FTA - no complaints from the exporters.

A lot of complaints from those who are hell bent on wrecking NZ's economy for their political ends - namely Labour, Greens and NZ First, as well as competitors to China imports however. And all too easy to use the race card to court the xenophobic economic insecure voters.

Meanwhile, don't believe everything you read about NZ salmon exports to China - they are making much much better money supplying to the domestic market, Japan and US. China is not a market which is prepared to pay top prices for NZ salmon vs the farmed salmon from Scotland, Chile and Norway.

Solid post. Didn't know the money wasn't as good in China. Sounds like NZKS is a great stock for the xenophobic voters.

**BlackPeter** · 21-09-2016, 09:30 AM

If you happen to be in Nelson and want to learn more about the planned IPO - here is your opportunity:

Andrew Clark, CFO, NZ King Salmon Ltd, will be addressing NZSA members and others about the forthcoming IPO.

venue: Richmond Library, Nelson
date / time: 10 October, 10.30 am.

http://www.sharetrader.co.nz/showthr...l=1#post637534

**trader_jackson** · 24-09-2016, 01:30 PM

Now that the PDS is out, anyone have any further thoughts?

(I am quite liking what I see, but probably won't be jumping in due to cash constraints)

**peat** · 24-09-2016, 07:20 PM

$1.12 - so it has been priced at the lower end - but not the bottom - of the range.

Looks like there will be some scaling

of allocations

**mshierlaw** · 25-09-2016, 08:46 AM

http://www.stuff.co.nz/business/indu...tock-exchanges

The retired marine biologist has been a vocal critic of the company.
"It's illusory for King Salmon to think they can increase production when the waters are too warm in the Sounds to farm salmon.
"They've never managed to make it viable and it has never been as profitable as they have intended."

**Blue Horseshoe** · 26-09-2016, 10:04 AM

I thought there was something fishy about this ipo.

**babymonster** · 03-10-2016, 10:08 AM

the offer is open and interesting to see Chinese SOE has a 10% stake and NZ super has a 5% stake.. looks a bit more promising than i thought... might dip my toes in for a small amount..