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Latest Posts By EZ3626 - Veteran      About EZ3626
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29-Oct-2013 08:39 Olam Intl   /   OLAM_OLAM       Go to Message
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This BB is still vunerable. I heard through the grapevine, the shortists are going to hoot this BB ..... they said this BB is going to be under attacked again.  As I have mentioned, too risky to enter (speaking for myself) ... shall watch and see as the day draws near.   

Also, Muddy Water has posted some comments ... he is at it again. Agreed with roostertan it is their poor management.  Hope the management is vigilant ....
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26-Oct-2013 09:07 Olam Intl   /   OLAM_OLAM       Go to Message
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Bro, you said who are those " people" ... You can read all about it in Nextinsight by Moneywater and others. I always take it with a pinch of salts. I made mistakes also by saying it can't be when there are people who sing another tune. Just do your diligence ... ultimately market will have the final say. However, we must do our homwwork. 

Can you name some achievement that Olam has and is to come. The date is drawing very near ... you maybe right too. How certain is your take ... maybe you like to share so we can be enriched. Cheers 


EZ3626      ( Date: 26-Oct-2013 01:12) Posted:

Nextinsight " Olam is still on the downtrend. The market is expecting Olam to anounce an equity issue (either share or rights placement)at a significant discount to the current price." by Moneywater ... could be Moneyplant's bro. You can ask him, Money water.

Bro, everyone entitles to make their comments, but it up to you to make the judgment call .... isn't it. Take it ez 

Did you dump a lot of money into this stock ? Some people wrote, " My money I decide. Your money you decide." called himself GorgeousOng

Personally I think it can happen, what is their financial report ? Can they turn it around ? Any significant earnings so far ? A lot of debts maybe, ... if not for Temasek already " Wanton noodle" still can offer such good dividends

天 下 没 有 免 费 的 午 餐

 


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26-Oct-2013 01:12 Olam Intl   /   OLAM_OLAM       Go to Message
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Nextinsight " Olam is still on the downtrend. The market is expecting Olam to anounce an equity issue (either share or rights placement)at a significant discount to the current price." by Moneywater ... could be Moneyplant's bro. You can ask him, Money water.

Bro, everyone entitles to make their comments, but it up to you to make the judgment call .... isn't it. Take it ez 

Did you dump a lot of money into this stock ? Some people wrote, " My money I decide. Your money you decide." called himself GorgeousOng

Personally I think it can happen, what is their financial report ? Can they turn it around ? Any significant earnings so far ? A lot of debts maybe, ... if not for Temasek already " Wanton noodle" still can offer such good dividends

天 下 没 有 免 费 的 午 餐

 

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25-Oct-2013 17:47 Olam Intl   /   OLAM_OLAM       Go to Message
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There are people saying that they are likely to raise cash .... believe or not is up to you. Put a bit of honey and you will be trapped to pay more $$$ 

EZ3626      ( Date: 22-Oct-2013 23:56) Posted:



Take it that Olam did not go after MW and I am a bit skeptical about the generous dividend at $0.04. Those that hold through may end up in big shit when they announce any fund raising exercise. I hope I am wrong but if the BB is turning around why need to drastically overhaul the management team. Don't be surprise Mr Verghese may be out. This few days movement the financial institutions are not buying in as compared to other counters. This is just my thoughts .... take care

Bear in mind ED is on the 5 November .... 

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23-Oct-2013 08:42 Olam Intl   /   OLAM_OLAM       Go to Message
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If you are good at 90 yrs old the world still want you ....
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23-Oct-2013 00:26 Olam Intl   /   OLAM_OLAM       Go to Message
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Alright overhaul in stages .... so as not too drastic but definitely not about the age. Anyway just saying ... ultimately the market decide which way it should go. 

5 Nov is near ..... 
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22-Oct-2013 23:56 Olam Intl   /   OLAM_OLAM       Go to Message
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Take it that Olam did not go after MW and I am a bit skeptical about the generous dividend at $0.04. Those that hold through may end up in big shit when they announce any fund raising exercise. I hope I am wrong but if the BB is turning around why need to drastically overhaul the management team. Don't be surprise Mr Verghese may be out. This few days movement the financial institutions are not buying in as compared to other counters. This is just my thoughts .... take care

Bear in mind ED is on the 5 November .... 
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22-Oct-2013 23:16 Olam Intl   /   OLAM_OLAM       Go to Message
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The whole saga by Muddywater is the burn rate is too high and they have not shore up the cash. Guess the they will have another round of fund raising. If it really happen not too good ...
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22-Oct-2013 17:52 Olam Intl   /   OLAM_OLAM       Go to Message
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Heard from someone that Olam is likely to have right issue in November. Anybody like to comment on this. Thks
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21-Oct-2013 14:24 China Fishery   /   China Fishery - Low PE       Go to Message
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Once this MARLIN leap past $0.40, it will rise up to be the KING OF THE OCEAN
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21-Oct-2013 12:39 China Fishery   /   China Fishery - Low PE       Go to Message
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Master, you are right. Someone is guarding the FISH and not let it to move pass $0.40. With the momentum now,   wondering how long can they hold back the MARLIN. Agreed with you all indicators are green, ready to go anytime ... will see

srichipan      ( Date: 18-Oct-2013 21:10) Posted:

I noticed that this counter tends to dip on closing and usually by very low volume. Today it was trading at $0.395 but suddenly closed $0.385. Have been like this for many days. Is this an indication that accumulation is going on? Any experts can enlighten?

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21-Oct-2013 10:46 China Fishery   /   China Fishery - Low PE       Go to Message
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The moving average shows this Fish is going to LEAP above $0.40. More and more publicity and the market growing rapidly . Watch and get ready for flying FISH

Industry and government seafood export organizations around the world know that China Fisheries & Seafood Expo is their best opportunity to grow sales in the world's largest and fastest growing seafood market.

That's why CFSE 2012 featured national stands from more than 20 countries, including new stands from Argentina, Denmark, Ireland,  pavilion ecu smJapan and New Zealand. 

CFSE 2013 will feature even more national pavilions as seafood producers around the world rush to meet China's growing demand for imported seafood, which is widely seen in China as safer and of higher quality than domestic seafood.
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21-Oct-2013 08:30 China Fishery   /   China Fishery - Low PE       Go to Message
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New China ? an awaking giant   [Bright future for China Fisheries]
20 Oct 2013
Small fishing boat in Sanya, China. Credit: David Castor

Small fishing boat in Sanya, China. Credit: David Castor

Like a giant awaking from a long sleep and storming into global reality, since its parting with orthodox communism China's economy is growing almost exponentially, placing its technology, science, entrepreneurship, industry and international trade among the world's leaders.

To avoid Golem's syndrome, management of China's fisheries is a must. Although its 1.3 billion population isn't growing at a very fast rate, it is adding millions of new consumers annually, increasing the demand for food, fish included.

Chinese fishermen have been fishing in lakes and rivers for 5,000 years, but only during the 20th  and 21st  centuries have developed marine fisheries, no doubt attracted by the nearly 3,000 species in its waters. In 2010, over 13 million people worked in fisheries, with about 7.5 million artisanal fishermen

Landings and market
China has by far the largest fishing industry in the world. China's annual fishery production has increased from 4.7 million mt in 1978 to 53.7 million mt in 2010, (a growth rate close to 8% p.a.). In 2009 it produced over 34% of world's total wild catch up to 16.78% of world production, and fish farming over 60%. With export value of over USD 13.8 billion, its aquatic products present its top agricultural export.

In 2009, consumption of aquatic products in China's urban and rural areas reached 15.5 and 5.3kg p.c. respectively, more than doubling in the past 20 years, including yellow croaker, red snapper, cod, squid, shrimp, and trepang. Dried trepang fetches extremely high prices as a delicacy and an aphrodisiac. Now overexploited, it's collected in shallow areas. The buying power of a growing middle class made China a major fish importer of premium fish. China has also a market for fish too small or difficult to process.

Fish farming
According to ancient scriptures, Chinese villagers were already trapping carp in artificial lakes formed when flooded rivers receded in the 5th  century BC. Presently, FAO (2013), reports that of the over 50 million mt produced by world's aquaculture, China is now leading with some 31 million mt, its fish farming production having grown within five years by 10 million mt. Fish farms cover 7.28 million ha, 980,000 ha more than in 1999.

Gradually, aquaculture harvests exceeded wild catches. Exporting to the more populous nations, where consumption of fish keeps increasing, compensates for the rather stagnating demand in rich countries. Doubtless, as the Chinese grow richer they eat more high-value fish. In Southeast Asia, on the other hand, the demand for lower-value farmed fishes, such as carp and tilapia, would grow faster than that for the expensive species.

Fish processing
Apart from dealing with national production, the Chinese processing industry specialises in processing frozen or chilled fish shipped by sea, land or air from Western and Eastern Europe, and North America and re-sending them for marketing on Western markets.

 

Fisheries management
With accelerating development of fisheries, overfishing followed. In the late 1980s, the Chinese government took steps to reduce inshore fishing, where fishery resources appeared depleted, and embraced an input-based approach to fisheries management. In view of the fact that landings hadn't grow in parallel to the growth of the fleets, in 1999 the Chinese government proclaimed a moratorium on new fishing vessels, with a policy of relocating some 40,000 fishermen and scrapping about 8,000 fishing vessels. Later, in 2003, the government modified the boat-permit system, gradually reducing the fleet by 30,000 more.

Seasonal closures of trawling, stake net and gillnet fishing resulted in protests from neighbouring countries that claimed their own rights over the same areas as, for example, Vietnam, which claimed to share part of the marine area of the Spratlys and Paracel Islands.

Habitat problems
Since the 1950's, China has lost 50% of coastal wetlands, 57% of its mangrove areas, and 80% of its coral reefs, Since 2009 there has been concern for the marine habitat in China's inshore and offshore waters, some 50% of them graded as polluted. Also, from 2002 to 2009, 74,100 ha of land had been reclaimed from the sea, causing environment degradation and seafood pollution.

According to the  2011 China's Ocean Development Report  issued by the State Oceanic Administration of China, over 460 Chinese islands along the mainland coast have disappeared and half of China's coastline has been developed in the past decade. Furthermore, for a variety of reasons, rapid industrialisation in China's coastal regions has led to the establishment of a majority of heavily-polluting chemical, energy and transportation industries along China's coastline, as well as to offshore drilling for all-important energy sources. As a result, a wide range of pollutants are discharged into the sea. According to an official inspection in 2009 14 million tons of heavy metals were discharged, leading to degradation of the inshore marine, affecting the sustainability of inshore fishing.

Densely set fish farms, expanded over many inshore, protected and semi-protected areas, are harming the coastal marine habitats, spreading diseases and parasites to wild fish populations. Also, pollution in China's many rivers, lakes and ponds can be traced to some of its foodfish.

 

Offshore and distant waters
China's marine fishing fleet, the largest in the world, comprises (according to FAO) over one million vessels, of which 280,000 motorised, and almost 2,000 large oceanic vessels. Most of them fish China's extensive EEZ of about 2.3 million km2  spreading over four seas, (the Bohai, the Yellow, and the East and the South China Seas), shared also by China's neighbours, both Koreas, Japan, Taiwan, Vietnam, and the Philippines. Hence, the often unfriendly disputes and maritime tensions and clashes.

Chinese vessels are fishing legally off the coasts of S. America, Africa and Asia, but its fishing vessels also blamed for illegal fishing, among others for bluefin tuna in the Atlantic and in New Zealand's EEZ, often leading to serious maritime standoffs, with fishermen killed and detained, and vessels seized. With limited inshore resources and catch capacity, the trend to offshore and deepwater fishing will continue in the years to come, as outlined in the 12th Five Year Plan at both national and local levels. Thus, while fishing disputes between China and regional countries may intensify, China's distant water fishing would persevere and even intensify, playing important role in satisfying the population's swelling demand.


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27-Aug-2013 23:10 China Fishery   /   China Fishery - Low PE       Go to Message
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Agreed but what is influencing the movement suddenly ? Personally I don't think is because of CMZ rather the work of strategist seizing the moment of opportunity. They have since covered their position.

I believe there should be a change in movement tomorrow. The free float is less than 20% rather risky for short sellers. Furthermore the BB is now on high alert. They are successful on their first attempt and caught many by surprise. Any further doing will put them in trouble. Today the Buying is rather strong. 

The fish is ready to be unleashed into the ocean. GIANT BLUE MARLIN 

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27-Aug-2013 20:22 China Fishery   /   China Fishery - Low PE       Go to Message
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Yeah, you are right, today the selling order is nil. They must have covered their position. Anyway managed to grab some ... will sail with the fish.

Did I hear someone said King of the Ocean, Giant Blue Marlin 

UPRR18      ( Date: 27-Aug-2013 09:16) Posted:



Nope, it is not because of CMZ scandal. This people are opportunists, they pressed the prize down by doing lightning strike attack on CF and cause panic. Then they tried to form a cap over the price of CF so they can collect more. Today SELLERS are likely to be the one who short the market and have to continue shorting it (which I doubt investors are the one selling). Otherwise, like someone mentioned, they are in for trouble. 

It is time for INVESTORS to buy as much today and reap the benefits this FLYDAY. Cheers  

starlene      ( Date: 26-Aug-2013 22:34) Posted:

Could it be the ChinaMinzhong scandal that drag S chips down so CF affected?


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26-Aug-2013 21:32 China Fishery   /   China Fishery - Low PE       Go to Message
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Pacific Andes traded between 0.126 and 0.128. CF counter has been sluggish and the support was weak so traders took the opportunity to short down the stock. We should see the CF come back up tomorrow.

Question remain who push it down ??? Interesting 

Polarbear55      ( Date: 26-Aug-2013 16:53) Posted:

If it's internal bad new then volume should be much higher and PAC Andes should have reacted downwards too. Quite puzzling who pushing down.😳

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26-Aug-2013 16:45 China Fishery   /   China Fishery - Low PE       Go to Message
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Guess you are right the free float is less than 20% ... it takes a lot of guts to short CF. Anyway it is an opportunity for me, I bought some ... cannot be greedy. See what the shortists going to do next. Woah haha 

newbie888      ( Date: 02-Jul-2013 23:26) Posted:

more than 80% of the shares are in the hands of the 2 major share holders... meaning most likely they wun be trading them in the market? so now free float is less than 20%...am I right or even close in saying that?

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24-Jul-2013 08:30 China Fishery   /   China Fishery - Low PE       Go to Message
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CF maybe doing the right thing. According to the article, the final paragraph states

" This means that the aquaculture industry is using a large proportion of the fish caught in the world?s oceans each year. 

Many of the fish stocks used as feed - mostly anchovies, pilchards, mackerel, herring, and whiting - are already fished at, or over, their safe biological limit. So instead of relieving pressure on the marine environment, aquaculture is actually contributing to the  overfishing  crisis that plagues the world's fisheries."

 

stockpicker      ( Date: 23-Jul-2013 16:22) Posted:

Presently.  aquaculture fish farming are threats but not much to resist fish imports from as far as South America.   They could only capture about 60% of the market in China. This is because

 

·            up to 22kg of wild-caught fish is needed to produce just 1kg of farmed tuna

 

·            4kg of wild-caught fish is needed to produce 1kg of farmed salmon

 

·            up to 2kg of wild-caught fish is needed to produce 1kg of farmed marine shrimp

 

also,  there are hosts of other problems such as space constraints,  diseases etc.   

 

http://wwf.panda.org/about_our_earth/blue_planet/problems/aquaculture/fish_feed/

If the ocean fish price are getting more expensive, it will only benefit these aquaculture fish farmers

 


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23-Jul-2013 09:33 China Fishery   /   China Fishery - Low PE       Go to Message
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It used to be in supermarket, they have stickers that show Genetic Modified Food [GM]. But nowadays instead of GM food, you will see Organic stickers or labels. Also, the price of Organic items are very very expensive. Global population is increasing exponentially, can the sea provide enough food for us ??? I'm sure there is only one way for the price to go   ..... UP UP and AWAY 

 

stockpicker      ( Date: 19-Jul-2013 18:18) Posted:

" Its the same reason why people will continue to pay high prices for property in Singapore, land is a finite resource, as it becomes less and less, prices will skyrocket..."

 



 

Not wrong with the above statement if there are no other alternatives.   First, fish food is not a must on every table everyday. There are alternatives as food.  Second,  there are aquaculture sea and freshwater fish (e.g those rear in ponds) as an alternative.   "   Globally, aquaculture supplies more that 50 percent of all seafood produced for human consumption ? that percentage has been and will continue to rise. Conventional wisdom holds that traditional fisheries are producing near their maximum capacity and that future increases in seafood production must come largely from aquaculture."   When sea fishing getting more expensive because of shortage in supply,  aquaculture fishing   will become   more viable.    Any additional investments to acquire more seafishing ground will only benefit the aquaculture fishing..



http://www.nmfs.noaa.gov/aquaculture/faqs/faq_aq_101.html

 


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