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China Fishery - Low PE
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Isolator
Supreme |
10-Jun-2014 20:36
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Believe me.... Fish will jump to above 50ct and drift higher.... Tmr markets will show you.... Enjoy...
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stockpicker
Master |
10-Jun-2014 20:20
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  So are you going to advise what should be brought up for discussion in this forum and what should not   in the name of today' s advancement in the   Technology and Science.  Lets heard from your valued contribution so that we can all benefit from your wisdom and start buying up CF tomorrow...   +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
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Leongsan
Senior |
10-Jun-2014 19:42
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My posting made sometime ago when there were noise,  NOW IS LOUD. THE PRICE WILL DRIFT UNTIL it is known that how much of the Quota is caught, el nino etc.See my post below. You make money by watching price of fish meal, site I had posted, How much is the catch please all look out. Mid May 550,000 tons raw fish was landed. Blind faith does not catch china fish Cheers
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EZ3626
Veteran |
10-Jun-2014 14:51
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J213, you are quite merciful and gracious. 1998 to 2014, the gap is 16 years. Tremendous great difference, I am not sure internet is around then. We probably won' t be blogging here. Iphone, Samsung ... not even in the market. Hehe Technology and science is so advance now. It is so wrong to bring those data to confuse others  
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stockpicker
Master |
10-Jun-2014 11:38
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This El Nino in 1997 covered the whole of Peru plus Chile http://www.vox.com/cards/el-nino-2014/will-we-get-strong-el-nino Will this coming El-Nino be as bad?    Let see but our  temperature is being push higher and higher by El-Nino since 1980  
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stockpicker
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10-Jun-2014 11:22
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And that picture was in 2003 when El-Nino was just a  moderate one.. trying to find one that happened in 1998.. |
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Isolator
Supreme |
10-Jun-2014 11:20
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I will let markets tell you..... Enjoy... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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stockpicker
Master |
10-Jun-2014 11:17
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Do you know how serious is El-Nino?  It spreaded from Southern China to middle Australia..  This one shows that Peru was not spared totally.. http://rmrco.com/cruise/ata/reports/100410_ElNino1/index.html  
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JMS213
Senior |
10-Jun-2014 11:04
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Do you know how long is the coast of Peru before it reaches Chile ? Please take a look at the map. They are request to extend the 5km limit set. Singapore east to west 22.5km. Do you know how big is Peru compared to Singapore ? Enjoy
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Isolator
Supreme |
10-Jun-2014 11:03
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Believe me.... Fish will be 50ct soon.... Enjoy.... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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stockpicker
Master |
10-Jun-2014 10:56
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El-Nino was there since the 16th century. The Peru fishermen were the ones who came up with that name. Since then,  the technologies has changed.  They have better trawlers and fishing equipment.   They have sonic sensors that can track the   where-about of the fishes.  They have also satellites that can tell the fishermen exactly where the fishes in the South but one thing the technologies cannot do is to change the weather,  the El-Nino  that is going to happen in the coming months. When the fishes swim south,  it will benefit Chile but sad to say,  Chile is also affected badly by El-Nino as this is a Global event that very few can avoid from the disastrous results. One thing for sure,    the technlogies will help the aqua-cultural fish farm to   become even stronger after the El-Nino when the fish supplies from the sea dwindled down and the fish consumptions picks up.   Some species which may be too expensive to rear in aqua-cultural fish farms before will become possible when the price of fishes goes up due to El-Nino. This will make companies that solely depend on sea fishing and sea catch more difficult to survive.  There was a common saying before we have reliable weather forecast of El-Nino.  That is if one wants to know when El-Nino will come,   check with the Peruvian Fishermen.       I am quite sure those former management of Copeinca and other Peru fishing companies knew about the seriousness of the coming   El-Nino and they are more than happy to dispose off their assets.  They must have gone through the hardships experienced during the last El-Nino in 1998.     They were probably laughing their ways to the banks right now. |
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JMS213
Senior |
10-Jun-2014 10:09
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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When someone quoted " YEAR 1998 which is the year that El-Nino was most severe" The person has left out other surrounding facts. Let me point out some :  We are in YEAR 2014. There is a gap of 6 years. Technology has changed tremendously. Then 1998 and now 2014, can someone tell us. what version is now for Iphone, Samsung or whatever ? How has the economy of Peru change during this 6 years ?  Just this 2 so the soft facts are missing. Why are they kept away ? We know liquidity of the company is improving and they have consolidated their position. Equilibrium is positive  
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JMS213
Senior |
10-Jun-2014 09:40
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Cars are made with a windscreen wide and clear so we can look into the future ahead of us and a rear mirror small but big enough to guide our direction when we filter. When we have someone who have the reverse, windscreen small and a huge rear mirror, you know that person is bringing everyone on board, heading into a collison.  My prayer is that they will not end in a collision but move where the future (Equilibrium) is. You still have time to change gear.  Never did they said they will not achieve their catch for the season. Quote what T2 said " Peru is an emerging, market oriented  economy characterized by a high level of foreign trade. Peruvian economic performance has been tied to exports and one of their main export is fishmeal." Do you think they will let the industry suffer and affect Peru' s economy ? The fish did not disappear, they move south. All indicators are still green. Be patience and enjoy
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srichipan
Master |
10-Jun-2014 09:30
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Huat
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Isolator
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10-Jun-2014 09:22
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Start the music....... Enjoy... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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stockpicker
Master |
10-Jun-2014 08:15
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The 1989 should be read as 1998 which is the year that El-Nino was most severe
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foucs69
Veteran |
09-Jun-2014 20:55
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i will follow u.........................
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Isolator
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09-Jun-2014 20:54
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I am not kidding..... Fish is going above 50ct..... Enjoy... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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stockpicker
Master |
09-Jun-2014 19:59
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This is the early days of the El-Nino where prediction is only 70%.. it still have 2 to 3 months to go before more accurate prediction can be certain.. by then full EL Nino would have developed. http://iri.columbia.edu/our-expertise/climate/forecasts/enso/current/ We all know that when El-Nino is here,  it will not only affect fish catch but  also fish meal production.      In 1989,  the fish meal production dropped from 200 to about 60..
However,  that El-Nino in 1989 was not the only   problem.. the problem was that the fish meal production have not been recovered since then.. and Copeinca' s former management knew this..
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Qanghoo
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09-Jun-2014 19:16
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Current preditions have it that an EN, which appears to be more and more likely to happen, wld be weak to moderate rather than severe.  Also, the impact on loss in catches wld be mitigated by    expected resilience in fishmeal and fish oil prices.  Still, Copeinca' s profits are likely to be affected.  That' s why expect   CFG' s share price to be capped for sometime. 
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