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Thread: SANford Chart

  1. #161
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by Aaron View Post
    WELL STOP TALKING THEM UP AGAIN, I pulled my bid this morning after seeing the S&P500 down over 2% last night, hoping for a bit of a panic drop. So close but not moving down any further today. Maybe I should just meet the market instead of rue what might have been. I would have thought of this as a dividend company (although currently a 0% yield), share price fluctuations shouldn't worry you. Although that said a 50% decline over the last little while has been interesting to watch.

    My hoped for parcel is about the same as the CFO but I would bet that it forms a much larger percentage of my portfolio.
    Sorry - you should have told me.

    They are a terrible company with diminishing returns and - hey who wants to eat high quality fish anyway?

    This better?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  2. #162
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    Quote Originally Posted by BlackPeter View Post
    Sorry - you should have told me.

    They are a terrible company with diminishing returns and - hey who wants to eat high quality fish anyway?

    This better?
    Much appreciated, although a little late.

    I bought at $4.51 roughly. Original bid was $4.41 and looks like this was nearly reached at the close.

  3. #163
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    Quote Originally Posted by BlackPeter View Post
    Sorry - you should have told me.

    They are a terrible company with diminishing returns and - hey who wants to eat high quality fish anyway?

    This better?
    Well if we were talking about NZ King Salmon, the answer would appear to be pets. I thought NZK were aiming for a premium product, but tucked away on page 12 of the investor presentation with the half year report was:
    Quote Originally Posted by NZK investor presentation
    Sales to China have decreased through the pandemic
    • Sales to this market continue to be affected by global challenges.
    • Sales are not expected to increase during this period.
    • Petfood sales (not shown) growing strongly.

  4. #164
    ShareTrader Legend bull....'s Avatar
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    anybody who hasnt watched seaspiracy on netflix is missing a good doco on the seafood industry. surely sanford or the other fish companies in nz dont pratice some of the stuff they say overseas operators do?
    one step ahead of the herd

  5. #165
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    Quote Originally Posted by bull.... View Post
    anybody who hasnt watched seaspiracy on netflix is missing a good doco on the seafood industry. surely sanford or the other fish companies in nz dont pratice some of the stuff they say overseas operators do?
    I haven't managed to watch it but according to my sources and chats I've had & seen about it, it is most certainly not "a good doco", at least not if you're interested in facts. Here is a link you may find interesting from a well respected scientist.
    https://sustainablefisheries-uw.org/...cyODOJQ6U1gR-0

    The NZ fishing industry can be proud of what they do but will always strive to do better, like all industries should.

  6. #166
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    The fishing in New Zealand is no where near sustainable, its all geared in favour of the big boys and their foreign charter vessels and crews oh and the Maori cashing in their Lease fees. All Perpetuating the lie that it is sustainable.

    Catching seasons for the likes of Orange Roughy and many other “seasonal” fish generally take place during “the spawn” ie when the fish a Biologically coded to be procreating. Swimming slowly and in shallower waters.

    The stages of the catching season are distinguished by cutting them open and checking what state the roe is in / at

    Tell me how a fishery is “sustainable” by catching a species when it is at its most vulnerable trying to create the next generation.


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    Last edited by ziptie; 11-04-2021 at 08:58 PM. Reason: I needed to chill out

  7. #167
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    Quote Originally Posted by ziptie View Post
    The fishing in New Zealand is no where near sustainable, its all geared in favour of the big boys and their foreign charter vessels and crews oh and the Maori cashing in their Lease fees. All Perpetuating the lie that it is sustainable.

    Catching seasons for the likes of Orange Roughy and many other generally take place during “the spawn” ie when the fish a Biologically coded to be procreating. Swimming slowly and in shallower waters.

    The stages of the catching season are distinguished by cutting them open and checking what state the roe is in / at

    Tell me how a fishery is “sustainable” by catching a species when it is at its most vulnerable trying to create the next generation.

    .
    This comment is simply not factual. Old & out of date stereotyping. The orange roughy stocks you refer to were indeed overfished but the industry reacted and changed some 15-20 years ago, resulting in a steady rise in biomass and a healthy stock. Natural causes have much more effect on stocks than fishing in NZ.

  8. #168
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    So you are telling me they Don’t target the likes of roughy when it is most Vulnerable and congregating in the shallower waters?

  9. #169
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by iceman View Post
    I haven't managed to watch it but according to my sources and chats I've had & seen about it, it is most certainly not "a good doco", at least not if you're interested in facts. Here is a link you may find interesting from a well respected scientist.
    https://sustainablefisheries-uw.org/...cyODOJQ6U1gR-0

    The NZ fishing industry can be proud of what they do but will always strive to do better, like all industries should.
    that video you presented offers an opinion with no facts to back it up. As for you suggesting I have an agenda what a load of rubbish i was presenting the suggestion for discussion.

    My personal opinion is fishing is a sunset industry , just like agriculture except in a niche capacity for the more well off people. Im not a vegan but a realist.

    I do believe also the world is over fished and stocks are in decline which will lead to fish wars and more poaching in foreign waters
    Last edited by bull....; 12-04-2021 at 07:05 AM.
    one step ahead of the herd

  10. #170
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    Quote Originally Posted by iceman View Post
    I haven't managed to watch it but according to my sources and chats I've had & seen about it, it is most certainly not "a good doco", at least not if you're interested in facts. Here is a link you may find interesting from a well respected scientist.
    https://sustainablefisheries-uw.org/...cyODOJQ6U1gR-0

    The NZ fishing industry can be proud of what they do but will always strive to do better, like all industries should.
    I also found Mr Hilborn's video to not be credible. No facts presented just lots of name calling about vegan activists. Sure they can be annoying but stick to the issues. Fishing has had a lot of problems for a long time including in NZ.

    As for Seapiracy, its having an impact, few people have bought it up to me and said they will eat less/no fish.

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