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China Fishery - Low PE
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stockpicker
Master |
11-Jun-2014 13:01
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This is in the Sun Zi Bin Fa ..   sizing up enemy  to determine victory, assessing dangers and distances,  in this case,  the short positions.. those who do battle knowing these  will win, those who do battle without knowing these will lose.    LOL |
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JMS213
Senior |
11-Jun-2014 12:30
Yells: "Just living is not enough. One must have sunshine, freedom !" |
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Judgment Day is coming. Sword has to sides, be warned. It is coming ... Equilibrium is positive. Enjoy
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Leongsan
Senior |
11-Jun-2014 11:51
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Lending pool only 1.3 m  where is the short?
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Leongsan
Senior |
11-Jun-2014 11:49
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SLPY69
Senior |
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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Isolator
Supreme |
11-Jun-2014 10:32
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Why so concern abt all these.... Markets want it to rise.... Nothing can stop it..... Enjoy.... | ||||||||||
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stockpicker
Master |
11-Jun-2014 10:30
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This is only the beginning of 2014 El Nino.. they are still not 100% sure it will develp into one that is more serious than 1998. As for the technology to locate the fish,  for those interested may found this device interesting.. http://www.youtube.com/watch?v=7i2qF_hejc4 It cost around USD$500/= from ebay http://www.ebay.com/ctg/Lowrance-Elite-7-HDI-GPS-Receiver-/135071142 quite sure most trawlers would have better ones on board.. and also most must have heard  about this device many many years ago.. it is not new except it is not as cheap then  
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EZ3626
Veteran |
11-Jun-2014 10:13
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The quota 2.53m tonnes is given or allowed by Peru' s Ministry of Produce after their assessment of the biomass.  They are not asking for higher quota rather about relaxing the regulation.  Anyway the catch for the season is fair by Elena Conterno, Chairwoman of SNP who is the former Head for the Ministry of Produce.  |
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stockpicker
Master |
11-Jun-2014 09:37
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This so called new technology,  biomass estimation,   not available in 1998 was confirmed to be a control measure to control overfishing so that fish population can recovery quickly after the El-Nino.    It is not to help the fishermen to cast their net as most   trawlers today would have sonic fish tracking system that was first used  in a full-scale biological study in 1957 at Bonneville Dam.  The 2014 El-Nino in June is just the beginning.  We still have about 35 weeks (sorry not months as previously posted) to go before it is developed into a full scale El-Nino.  http://bobtisdale.wordpress.com/2014/04/14/201415-el-nino-part-3-early-evolution-comparison-with-198283-199798-el-nino-events/ |
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stockpicker
Master |
11-Jun-2014 09:24
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Sorry this forum has a lot of problems about links.. you will have to google using the following word to find the article Anchovy catch reduction warned   |
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stockpicker
Master |
11-Jun-2014 09:16
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So far my search of so called new technology,  biomass estimation,  said   to be not available in 1998 was  to control the overfishing so that fish population can recovery quickly after the El-Nino.      The catch of the fishermen will be affected,  not  because there are mini bans most feared about but rather there was not much fishes around to be caught because of the higher sea temperatures.    We should see the full effect of El-Nino in 35 months.. June is just the  beginning.. |
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stockpicker
Master |
11-Jun-2014 09:06
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Sorry this forum has a lot of problems about links.. you will have to google using the following word to find the article Anchovy catch reduction warned   |
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stockpicker
Master |
11-Jun-2014 09:05
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The correct link of the Peru Official announcement is here http://www.fis.com/fis/worldnews/worldnews.asp?l=e& id=68702& ndb=1 |
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stockpicker
Master |
11-Jun-2014 09:02
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This technology that so called new is just a method came up by Smith in 1972.  it is called Biomass estimation.  It is more to control the overfishing and was applied in the US in 1980,  about 18 years before 1998 El-Nino. http://www.fao.org/docrep/005/ac750e/AC750E19.htm Will leave it you to find out when this biomass estimation,  so called new technology was applied in Peru and Chile. This 2014 El-Nino is only the beginning.. In April 2014,  no one was sure.  Today in June,  it is only still 70% sure but the  sea temperature has gone to as high as 2010.  So far only Let see how  this El-Nino will develop as it still has 35 months to go before we see the peak temperature. The Peru official have issued a warning about the poor Anchovy catch just abut 1 week ago http://www.fis.com/fis/worldnews/worldnews.asp?l=e& id=68702& ndb=1 This sort of bans will be quite usual.. http://www.fishupdate.com/news/fullstory.php/aid/21184/Peruvian_anchovy_catch_suspension.html |
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EZ3626
Veteran |
11-Jun-2014 07:59
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It is a fact, how modern technology has changed and improved our lives. Just one of the many examples, tracking of the bus through the smart phones. Yes, definitely, Today' s Technology helps to locate the fish whereabout. 2010 El Nino is MILDER compared to 1998 El Nino. Modern Technology has help them to fish and not guessing where to fish. Enjoy  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ To summaries,  you are of the opinion that  16 years ago,  they did not have the   technology to  locate the resources   |
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EZ3626
Veteran |
11-Jun-2014 07:45
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As you said " This 2010 El Nino is MILDER compared to 1998 El Nino" . Exactly, with the help of Technology, man is better able to understand what causes the fish to disappear NOT destroy. They are able to located their whereabout through modern advanced Technology. During this 16 years, man has discovered the effect of current that affected the fish stock migration which is El Nino. One simple fact, today commuters are able to track when a bus is approaching. 16 years ago, you just got to wait until the bus arrives.  It was reported, SNP chairwoman Elena Conterno " The impact of the regulation put in place is too hard .... " because the fish has migrated further south which is outside the limit set for them to catch. Don' t over emphasize the effect of El Nino. But SNP chairwoman Elena Conterno said the global warming was increasing temperatures of the Peruvian waters and pushing the resource to the south, further from the limits envisaged by the law. " It is crucial that the legislation is updated as soon as possible, because otherwise our industry will  suffer a severe contraction  for sure," Conterno warned. Conterno said " The season is fair" not disastrous. It is about the " regulation" . Relax and enjoy fishing
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stockpicker
Master |
11-Jun-2014 01:28
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Sorry,  the last post was not complete.. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ To summaries,  you are of the opinion that  16 years ago,  they did not have the   technology to  locate the resources and therefore,  they could not  handle the serious El-Nino in 1997/98.  As from dun know when,  they have acquired the technology to locate the resources and now,  they are   able to control the fish catch more effectively to achieve substanability and therefore, you are optimistic  and advise us not to worry about the coming El-Nino However,  that technology you were talking about was not mentioned or found anywhere in articles recently talking about the serious effect of El-Nino   for example,   this article that said Peru&rsquo s fishmeal sector will be at risk due to  strong 2014 El-Nino http://www.undercurrentnews.com/2014/04/01/perus-anchovy-fishmeal-sector-set-for-strong-el-nino-effect-in-2014-expert-says/ Lets not take too far.  In 2010,  there was an El-Nino in January as well as an La-Nina in December. Copeinca&rsquo s fish catch was reduced by 40% that year.  This 2010 El-Nino is milder compared to 1998 El-Nino http://hugin.info/137275/R/1492358/428115.pdf I am quite sure the technology you have been talking about must have been in place as it is only 4 years ago and yet it so affected the fish catch. I read somewhere the Peru&rsquo s quota and the control of fish catch are not there to overcome the effects of El-Nino or to minimise losses of the fishermen but it is there more to ensure recovery of   Anchovies after the El-Nino. http://oceanworld.tamu.edu/students/fisheries/fisheries2.htm |
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stockpicker
Master |
11-Jun-2014 01:25
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To summaries,  you are of the opinion that  16 years ago,  they did not have the   technology to  locate the fish resources and therefore,  they could not  handle the serious El-Nino in 1997/98.  As from dun know when,  they have acquired the technology to locate the fish  resources and now,  they are   able to control the fish catch more effectively to achieve substanability and therefore, you are optimistic  and advise us not to worry about the coming El-Nino However,  that technology you were talking about was not mentioned or found anywhere in articles recently talking about the serious effect of El-Nino   for example,   this article that said Peru&rsquo s fishmeal sector will be at risk due to  strong 2014 El-Nino http://www.undercurrentnews.com/2014/04/01/perus-anchovy-fishmeal-sector-set-for-strong-el-nino-effect-in-2014-expert-says/ Lets not take too far.  In 2010,  there was an El-Nino in January as well as an La-Nina in December. Copeinca&rsquo s fish catch was reduced by 40% that year.  This 2010 El-Nino is milder compared to 1998 El-Nino http://hugin.info/137275/R/1492358/428115.pdf    
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Isolator
Supreme |
10-Jun-2014 23:20
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Let the markets tell who is blind.... Enjoy..... | ||||||||||
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EZ3626
Veteran |
10-Jun-2014 22:10
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Leongsan, certainly not " Blind Faith" . How they know where the resource is located ? Advanced Technology. 16 years ago, they would not be able to know. Now they know what affect the fish in the Ocean - El Nino. It is what we don' t know that we are worried. When you know there is HOPE. Did they say the anchovies are destroyed by El Nino ? No, they are living things and they move 
Anyway market will decide when it will move up.  The substantial reduction in anchovy catch has led the  National Fisheries Society(SNP) to request an ' urgent action' to allow fishing from mile 5, where the resource is located. The exceptional request is due to the fact that the Supreme Decree Nº 005 of the Ministry of Production  (PRODUCE) provides that anchovy can only be caught for direct human consumption (DHC) within the first 10 miles from the sea. " We need an emergency measure, and the decision that in the future it is possible to catch the species between the mile 5 and 10, where the anchovy is because, otherwise, the fishing activity will shrink," argued Elena Conterno, SNP president. SNP president predicted that in the eight and a half weeks remaining until the season closes it will be possible to capture more than 949,000 tonnes, which would complete about 62 per cent of the quota. " Our projection is to reach at least 1.5 million metric tons of catch, which is much less than the quota, so the season will be fair," she said. The season is FAIR. 
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