| Latest Forum Topics / China Fishery Last:0.076 -- |
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China Fishery - Low PE
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stockpicker
Master |
26-Jun-2014 11:46
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The Pac Andes' s financial report by Undercurrent already tells us the performance of CF for  the coming half year' s report in July.  CF appeared to   be able to do better than last year basing on the table given    by Pac Andes.    This was because the Chinese were stocking up fishmeal at  the end of 2013 to early 2014.  They bought a total of 500,000 tons,  twice of the usual amount,  in anticipating the price hike due to El-Nino.  Based on the Chile' s report that the fishmeal  demand was down over 20% in absolute $ terms,  it is expected that CF' s second half earning may be affected.      The present  price might have priced in some of the  El-Nino effect but it is good to  see how El-Nino will affect CF' s 2nd half performance.
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JMS213
Senior |
26-Jun-2014 09:48
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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What are you talking about ? Report from Reuter 23 June 2014Washington, D.C.-based Carlyle had $198.9 billion in assets under management as of the end of March, $64.5 billion of which were in private equity Carlyle raises $1 billion for second financial-companies fundPublished June 23, 2014
Private equity firm Carlyle Group LP said on Monday it had raised $1 billion for its second fund focused on buying and selling financial institutions such as wealth managers and insurance firms, almost three years after it began fundraising. While a few smaller private equity firms also run funds dedicated just to financial companies, Carlyle is the only one among the major buyout firms to do so. Carlyle first' s financial companies fund, launched in 2008, raised $1.1 billion. Financial regulations implemented in the aftermath of the financial crisis have created opportunities for private equity funds to buy assets both in Europe and the United States. For example, Carlyle acquired TCW Group Inc, a $127 billion Los Angeles-based asset manager, from Societe Generale two years ago, as the French bank sought to bolster its balance sheet Yet, by industry standards, the relatively long fundraising period of the latest fund, called Carlyle Global Financial Services Partners II, shows that some investors are still skeptical about the size of the opportunity and the challenges involved. Carlyle' s first financial companies fund had generated 1.6 times its investors' money and an 18 percent internal rate of return on a gross basis as of the end of March. Carlyle' s current portfolio of fully invested private equity funds had generated, on average, two times its money and a 26 percent internal rate of return over the same period on a gross basis. Investments of Carlyle' s first financial companies fund include investment bank and brokerage Sandler O' Neill & Partners LP, Florida bank BankUnited Inc and Boston-based asset manager Boston Private Financial Holdings Inc. Carlyle' s financial companies investment team is run by Olivier Sarkozy, half-brother of former French President Nicolas Sarkozy. Washington, D.C.-based Carlyle had $198.9 billion in assets under management as of the end of March, $64.5 billion of which were in private equity |
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Phil13
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26-Jun-2014 09:41
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You are doing it wrong. Read how bad is the report below. STOCKPICKER is trying to help you understand the severity of the situation. Even Carlyle is having some tax issues ... money not enough. Forget about the warrants ..... 
 
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Phil13
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26-Jun-2014 08:46
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Timely update. All of you should and must be thankful for STOCKPICKER updates. Read all about it, bad news, bad news and more bad news.  Even Isolator also becomes quiet.  I was told Carlyle also money not enough, now raising cash .... small amount also can for their funds.  
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Leongsan
Senior |
26-Jun-2014 08:43
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Please keep a look out for fish catch update. Improved catch at $2000 great profit. sign to buy? |
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stockpicker
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26-Jun-2014 07:54
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Peruvian anchovy catcher Pesquera Exalmar has better  financial results in the first four months of the year after the quota boost in the second season of 2013. The company posted a net profit of $12.6 million in Q1 2014, reversing the loss of $2.4m from the same period last year. The turnaround was backed by the 2.3 million metric tons of anchovy total allowable catch (TAC) for the second fishing season of 2013 &mdash which is 214% up year-on-year. The company was worried that  a strong El Nino would affect their financial  numbers http://www.undercurrentnews.com/2014/06/25/exalmar-confident-el-nino-wont-dramatically-hit-2014-catches/ |
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stockpicker
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26-Jun-2014 07:04
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Pacific Andes has pre-tax profit fell by 31% to HDK 325 million.  They claimed it was due to value changes from derivative financial instrument.  On the other hand,  the higher earnings from its Peruvian fishmeal operations in 2013 offset big drops from its pollock contract business. However, the group noted the uncertainty facing the Peruvian operations in light of poor catches in the current season, and the risk of El Nino affecting the second season. http://www.undercurrentnews.com/2014/06/25/fishmeal-ops-offset-big-dive-in-pacific-andes-h1-pollock-supply-revenues/?utm_source=rss& utm_medium=rss& utm_campaign=fishmeal-ops-offset-big-dive-in-pacific-andes-h1-pollock-supply-revenues |
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Leongsan
Senior |
25-Jun-2014 19:37
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Larest catch and quota usuage of 2.53 mil tonnes please. PRICES $2000 China" Peruvian Fishmeal " Cash Market by Ports #26  
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stockpicker
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24-Jun-2014 20:26
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Should quote source.  will believe if it  is from  FIS or FAO... and  if there is such  differences in price and in quality,  think our responsible supermarkets like NTUC and Sheng Siong should label where  their salmons,  tunas or other fishes are coming from. |
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T2LE56
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24-Jun-2014 16:26
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Did you stuck a lot in China Fish ? Can you tell the difference between wild boar and a pig ? Apparently you can taste the different. For your reading pleasure ..... Cons of Farmed Fish
Wild-Caught fish Wild fish, in contrast to farmed, live in open waters and eat a natural diet. Fishermen catch wild fish on open waters, their natural habitat. Pros of Wild Fish
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stockpicker
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24-Jun-2014 14:30
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Did you lost a lot in China Fish? Can you taste the different when buying the fish from market or supermarket? Some said they can taste when cooked   other said both taste as good.  Think it will depend on how the fish are reared and if the water conditions are to the required standard. http://seafood.oregonstate.edu/.pdf%20Links/Farmed%20or%20Wild%20-%20Both%20Types%20of%20Salmon%20taste%20Good%20and%20Are%20Good%20For%20You.pdf   |
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Blanchard
Master |
24-Jun-2014 13:19
Yells: "Winners cry..... Losers smile....." |
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stockpicker
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24-Jun-2014 13:02
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But how do one tell if that Salmon or Tuna that is on    the table   is from the wild or from aqua farm?  Sekali they charge you wild fish' s price for that aqua fish,  then how?  So next time,  when the housewife need to bring  fish meat testers to the market to buy fishes.. Does Sheng Siong or NTUC tell you if the Salmon they sell if from the wild or aqua farm?  What is the price difference?
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T2LE56
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24-Jun-2014 12:50
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The chart painted a beautiful picture. The trajectory is correct but what is even more telling is the volume of fish from the wild stayed at 90 millions tonnes from around 1990 and continue till 2030. That' s why the price for fish caught in the wild will surge higher and higher as compared to farmed fish. Enjoy |
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stockpicker
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24-Jun-2014 12:22
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Agreed.. different trajetary ...wonder just how much difference will there be a tuna fish caught in wild and the one raised in aqua farms..both from the sea water
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T2LE56
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24-Jun-2014 11:22
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We have discussed about this before.  Not all fish are created equal, however. There are two types of fish production: " capture" (or wild) and " aquaculture" (or farmed). And they seem to be on different trajectories. Fish such as tuna, the majority of which is caught wild, saw much bigger price increases than salmon, which are easier to farm. Overall, the FAO' s price index for wild fish nearly doubled between 1990 and 2012, whereas the one for farmed fish rose by only a fifth. What explains this big difference ? " As the supply of wild fish declines relative to farmed fish,  it will become a luxury commodity, he explains. " In 20 years' time people will think of wild fish like we now think of venison."
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stockpicker
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24-Jun-2014 10:42
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A new report from the UN reveals that aquaculture or farmed fish consumption is at record high.   This will help sea catches to become sustainable as rise in aquaculture fish will reduce over-fishing in the sea.      Human consumption of fish has increased but nearly half of those consumed is no longer caught wild but is grown in farms, says the United Nations.  Around 80m tonnes of fish were caught " wild" in 2011-12 while 90 million tonnes came from aquaculture.    In 2012 alone,  the aquatic fish increase was about 10% or 10m tonnes.      Therefore,  aquaculture or farmed fish is where the future growth would be.  I would invest in CF when that day comes.
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Phil13
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24-Jun-2014 10:18
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Okok ... I know you still have some milk strength. Okok relax .... remember the obstacles are there, huge debt, russia pollocks and bad weather disaster. Very serious Chile catch also affected 27% That' s why carlyle shrunk from the warrants ... they also facing money not enough.  Isolator, you don' t need to keep saying long, long, long one ... you know
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Phil13
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24-Jun-2014 10:06
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Since you said long, give 24 lots ... see if you dare to take. Hahaha |
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Phil13
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24-Jun-2014 10:04
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That is so true. Exactly correct " China Fishery is facing numerous adversaries: Huge debt, Russia business restrictions, bad weather pattern. Seems like this have much negative impact on its already low price." One carlyle group 11.2% so what? Some make noise about the cheap warrants giben to them so what ? With all the problems, you think they will do anything ? Crazy lor So long did not hear from you .... resurface again with your broken record long, long, long. Do you have any thing else to share ? |
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