Latest Posts By SLPY69
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| 06-Aug-2014 11:50 |
China Fishery
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China Fishery - Low PE
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It always depends how you look at it. USA has tonnes of debt, yet they are still the largest economy in the whole world. USA is still flying Which company do not have debt ? Wilmar, Olam, Ezra .... Tell you a secret this fish got aeroplane turbines, can accomodate cargoes (debt) .... got be patience, they are building the runway .... let the market decide. When it takes off, makes sure you are inside. Else everyone will wave goodbye .... relax and enjoy 
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| 05-Aug-2014 23:14 |
China Fishery
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China Fishery - Low PE
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Leongsan, you probably have missed out last week news about the market. TODAY' S MARKETS U.S. Stocks Tumble, Snapping Five-Month Win Streak Dow Industrials Post Steepest Drop Since February The BB show you the direction, maybe you have missed it. Someone called this BB, Sailfish Individuals have been clocked at speeds up to 110 km/h (68 mph), which is one of the highest speeds reliably reported in any water organism. Singapore highway speed limit 90 km/h. Haha .... Traffic Police need to issue summon to this BB for speeding.
Be patience and enjoy the sail. |
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| 02-Aug-2014 08:48 |
China Fishery
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China Fishery - Low PE
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Very important the mother company is moving in the right direction. MSC is the governing body .... Certification will create the divide between Catch from the Wild vs Aquaculture. Just like pearl, diamond, art pieces etc need certification with that huge price difference ... Pacific Andes focusing on enhanced traceability for MSC. They are very focus, watch out for bigger thing to come. Enjoy Fishing .... very important ... must be patience |
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| 02-Aug-2014 07:51 |
China Fishery
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China Fishery - Low PE
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This is another milestone and Pasific Andes is moving in the right direction. There is going to be a divide between MSC and Non MSC. Simply put Fish caught in the wild vs Aquaculture or Organic vs Genetic Modified When the certification is carried, what do you the price of wild fish going to be ? Higher and Higher .. Enjoy fishing ....
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| 01-Aug-2014 20:39 |
China Fishery
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US stock futures trim losses after job report. US created 209,000 jobs in July vs 233,000 est jobless rate at 6.2% vs 6% est Tonight US market will recovered from yesterday losses ... relax and enjoy Trend is upward |
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| 01-Aug-2014 19:59 |
China Fishery
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More and more news are being reported. What' s next ...Pacific Andes focusing on enhanced traceability for MSC
August 1, 2014, 9:23 am
Pacific Andes International Holdings is set to roll out a traceability redesign project in 2014, allowing it to track any fish product, after matching Marine Stewardship Council (MSC) chain of custody requirements. The Hong Kong-based group' s traceability systems were initially " redesigned" in 2013 to demonstrate compliance with MSC requirements, the company noted, in its latest sustainability report. Since then, " traceability, storage and record-keeping systems prove that only seafood from a certified fishery carries the MSC eco-label, and that this fish is kept separate from non-certified fish" , said Pacific Andes, which is the world' s largest producer of pollock fillets, from its vast Hongdao processing complex in Qingdao, China. The plant has capacity to produce 60,000 metric tons of fillets. The company has since expanded this traceability system and plans to continue to develop it. " While the initial purpose was to fulfill the requirements of the MSC standard, we further expanded this traceability redesign project to all our products," the company states. This year, the company plans to expand its system to involve a more sophisticated mapping exercise developing further barcoding per species, per area, enabling it to rely fully on an electronic system to map and trace any fish product, it said. Pink salmon forms 49.1% of Pacific Andes' MSC wild catch supply, while pollock represents 28.4%. Then cod is 16.2%, and chum salmon, haddock, yellowfin sole and black cod make up the remainder.
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| 01-Aug-2014 09:20 |
China Fishery
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China Fishery - Low PE
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Strange now the sell volume is 69. Is it confirm what I said is correct .... hahaha SLPY69 |
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| 01-Aug-2014 09:17 |
China Fishery
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China Fishery - Low PE
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Don' t look like the management is confused BUT rather clear and know where they are charting. Let the market decide ... Enjoy |
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| 01-Aug-2014 09:15 |
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Interesting .... they have done many changes. Now they have lost their direction .... I can see that they are resolve and focus in achieve their objective with carefully planning and have the confidence from investors. PARD SUCCESSFULLY COMPLETES SINGAPORE DOLLAR-DENOMINATED BOND ISSUE More than 9 times oversubscribed A vote of confidence from investors Singapore, 30 July 2014 - - Pacific Andes Resources Development Limited (" PARD" or the " Group" ) (SGX: P11.SI), a leading global frozen fish supplier with an integrated supply chain, today announced that it has successfully completed the issuance of 3-year S$200 million (approximately HK$1,256 million) fixed rate unsecured bonds maturing on 30 July 2017 with an annual coupon of 8.5% (payable semi-annually in arrears). " The Group has been focused on expanding and transforming its overall business through acquisition," said Mr. Ng Joo Siang, PARD& rsquo s Chairman and Executive Director. " With this important work now well in hand, it is an immediate priority for us to improve PARD& rsquo s overall capital structure. With the successful closing of the S$200 million bond issue, we are enhancing PARD' s debt profile and at the same time providing long term capital for ongoing operations," Mr Ng said. The Group will remain focused on consolidation of its expanded business, creating a lean and efficient organization. The contribution from our Fishmeal and Fish Oil business and the synergies and efficiencies being generated will strengthen our balance sheet into the future," Mr Ng added. " We are very pleased with the reception of our bonds in the bond market and would like to thank DBS Bank Ltd, as Sole Lead Manager and Bookrunner for delivering a deal that met our objectives. The good response and quality of the investors in the bond issue is a strong vote of confidence in the Group and its strategies." Mr. Ng concluded upon the closing of the transaction. The net proceeds will be used for the Group' s general corporate purposes, to fund capital expenditures, working capital, and to refinance a portion of its existing debt. |
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| 01-Aug-2014 08:32 |
China Fishery
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Start of a new beginning .... enjoy |
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| 29-Jul-2014 10:34 |
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Be patience. News is on the way ... enjoy |
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| 25-Jul-2014 08:44 |
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Asia stocks mostly higher on S& P 500 record close26 Mins AgoCNBC.comAsian equity markets were mostly higher on the final trading day of the week following another record close for the S& P 500 overnight. Earnings dominated trade on Wall Street, with Facebook shares soaring over 5 percent following Thursday' s strong results. But Caterpillar sank 3 percent after revenue fell short of estimates. On the economic front, weekly jobless claims fell to its lowest level in almost eight years while new home sales declined 8 percent in June. The International Monetary Fund trimmed its global growth forecastsagain on Thursday, down to 3.4 percent this year from April' s forecast for 3.7 percent. Geopolitical risks over Ukraine and Iraq, as well as lowered expectations for key emerging markets, are expected to lead to softer growth.
Nikkei 0.4% higher Japanese shares rebounded after closing down 0.3 percent on Thursday after June consumer price inflation rose 3.3 percent on year, in line with market estimates. Gains were capped by a stronger yen as the currency strengthened to 101.7 per dollar after hitting a one-week low of 101.86 overnight. In earnings news, camera maker Canon slipped 0.2 percent despite second-quarter net income rising 21.6 percent on year. NTT Docomo rose over 2 percent ahead of reporting first-quarter earnings later this afternoon. ASX flat Australia' s benchmark S& P ASX 200 retreated after posting its fourth straight six-year peak on Thursday. Retailer Woolworths crept down 0.4 percent after announcing that it received approval from regulators for its takeover offer for Country Road . Gold miners underperformed after bullion prices hit a one-month low overnight. Both Evolution Mining and Alacer Gold lost over 3 percent each. Read MoreEmerging markets rally to continue? Kospi up 0.1% South Korean shares snapped its two-day losing streak as investors digested the latest earnings. Steel giant POSCO jumped 1 percent after reporting a steep drop in profits due to the strong won. Meanwhile, Shinhan Financial rose 0.3 percent after announcing a near 10 percent rise in interim profit. Assistant Producer, CNBC Asia-Pacific
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| 25-Jul-2014 08:31 |
China Fishery
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Things just keep looking better and better for the Singapore market, which yesterday powered ahead to its eighth straight session of gains. C' mon got nothing to do with our posts. BIg boys are the one behind it. We sail with the wind or trend like what JMS said " Equilibrium is positive" This time round, the local market was buoyed by regional enthusiasm in the wake of upbeat manufacturing numbers from China. Be patience and enjoy ....
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| 24-Jul-2014 20:13 |
China Fishery
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Prices are going up ....Beef prices hit wallets, boost poultry' s appeal17 Hours AgoCNBC.com73
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COMMENTSJoin the DiscussionThere' s no beef about it, prices for red meat are surging and demand for chicken is benefiting. Chicken' s versatile appeal and its perception as a good source of protein that' s better for you than red meat are also driving sales, RBC Capital Markets' David Palmer said in a phone interview. " Chicken is really hot right now, and poultry is viewed as a source of protein that' s relatively less inflationary," Palmer said. " You' re seeing even the pizza players get into chicken." 
Edwin Remsberg | Photolibrary | Getty Images
Amid surging beef costs and dampened production, chicken consumption has spiked, rising 17 percent from 2012, according to a recent report from the National Chicken Council. " Choice retail value (for beef) is the highest it' s ever been," said William Hahn, an agricultural economist for the USDA. " We' ve had several years of drought. Several years of drought and very high feeds costs discourage supply." In the wake of rising food costs, restaurants have some protection since they typically lock in commodity contracts six to 18 months ahead of time. But persistently high prices eventually affect them, too. On average, beef accounts for about 14.4 percent of quick-service restaurants' cost of goods sold, according to a recent Piper Jaffray note. Fine-dining chains, such as Ruth' s Hospitality Group and Del Frisco' s Restaurant Group, are even more exposed. Rising prices present restaurants with a few options: Pass along prices to consumers and risk driving them away, tinker with recipes to cut down on pricey items or absorb the extra costs. Source: Project Pie
" With commodity costs, among other restaurant-level expenses, expected to rise at a minimum with inflation, restaurants continue to be challenged to identify the correct menu price increases without jeopardizing same-store sales and profits," Piper Jaffray analysts wrote in a recent report. Read MoreChipotle blows past Wall Street estimates Some restaurants, including burger chain In-N-Out and Chipotle, have already chosen to raise prices. Following Chipotle' s first nationwide price hike in three years, the Mexican food chain has seen some shift in demand from steak entrees, which rose more, to chicken, which increased less. " We expected some customers would trade down from steak to chicken as a result of the higher steak premium, and we have, in fact, seen some customers shift from steak to chicken," CFO John Hartung said in a call with analysts. Sanderson Farms, which produces, processes and distributes chicken, also recently noted a rise in chicken demand. Fresh chicken sales rose 8.1 percent in the second quarter from last spring, CEO Joe Sanderson told analysts. " We believe the improved demand we are enjoying ... is a result of higher priced beef, not more foot traffic in restaurants," he added. |
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| 24-Jul-2014 20:07 |
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European shares were higher on Thursday as a business activity index showed the euro zone rebounded in July. |
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| 24-Jul-2014 10:07 |
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You right more and more positive news are being released.China July HSBC flash PMI at 52, an 18-month high18 Mins AgoCNBC.com8
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COMMENTSStart the Discussion
Getty Images
China' s manufacturing activity rose to an 18-month high in July, according to a private survey Thursday, as the government' s stimulus measures worked their magic, consolidating a recovery in the world' s second biggest economy. The HSBC flash Purchasing Managers' Index (PMI) came in at 52.0, better than a Reuters poll of 51.0 and following the 50.7 final reading in June, marking a second straight month of expansion. A reading 50 and above indicates expansion and a sub-50 figure points to a contraction. Australian dollar jumped to a fresh new two-week high of $0.9469 on the news, while Shanghai stocks were up nearly 1 percent. " It' s a very good strong number to start third quarter with, it' s the strongest reading since January this year. It just seems that mini stimulus are continuing to filter through," said John Zhu, Greater China economist at HSBC. China' s economy has been rebounding in recent months thanks to a series of support measures doled out by Beijing known as " mini-stimulus," to help avert a more pronounced slowdown. The government has indicated that it would tolerate slower growth as it rebalances its economy away from a focus on manufacturing and towards domestic consumption. The country' s gross domestic product for the second quarter grew an annual 7.5 percent, after a 7.4 percent growth in the first quarter. Beijing has a target of 7.5 percent expansion for the full year. |
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| 10-Jul-2014 08:55 |
China Fishery
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After the World Cup is over this weekend, we should see a switch ... Haha people are also betting in soccer. Money has to go somewhere The catch for 2014 is said to better than 2013 and demand is still strong. Price of fish is still up. JMS, you are right. We should be seeing and hearing some data next week. Enjoy |
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| 11-Jun-2014 14:34 |
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Win. Don' t even know, the sack of potatoes is going to drop on your head. Confidence but never be over confidence. Enjoy ....
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| 11-Jun-2014 11:05 |
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Isolator, the shortists are caught in their act. They are trying very hard to hard their fort. If one start to let go their position, there will be panic buying. Let see who is going to drop the pin and explode. Someone commented, this is already a undervalued stock. Silly of them to short the BB. Surely they will face the Judgment Day. Just enjoy and see what they going to do. 
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| 04-Jun-2014 10:30 |
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Interestingly the electron appears and disappear randomly ! Wow .... that person shared LIGHT about proton. Could it be that it is activated through prayer. I dare not underestimate prayer. I only said usually the market is down on Wednesday. Enjoy fishing |
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