China Fishery Group Ltd

SGX (SGD): China Fishery (B0Z)

Last Price

0.076

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Overview

Avg Volume (4 weeks)

0

4 Weeks Range

0.00 - 0.00

4 Weeks Price Volatility (%)

0.00%

52 Weeks Range

0.00 - 0.00

52 Weeks Price Volatility (%)

0.00%

Previous Close

0.076

Open

0.00

Bid

0.00 x 0

Ask

0.00 x 0

Day's Range

0.00 - 0.00

Trading Volume

0

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Company Profile

Sector: Agriculture and Fishing

Sector: Agriculture and Fishing

Description:

China Fishery Group Ltd (China Fishery) is a Hong Kong-based company. The Company is an industrial fishing company with access to fish in some of the fishing grounds, including the Anchovy fishery in Peru. China Fishery sources, harvests, onboard-processes and delivers catch to consumers. China Fishery also produces fishmeal and fish oil through its processing plants located along Peru's coastal areas. The Company operates in three reportable segments: contract supply business, Peruvian fishmeal and China fishery fleet. The Company's products include frozen whole, headed and gutted, at-sea frozen fillets, fish roe and milt, fish meal, Peruvian fish meal, and fish oil. The Company's vessels are equipped with sonar fish finding technology.

Discussions
Be the first to like this. Showing 2 of 2 comments

BHSL

why ?

2014-02-07 12:08

sykn

CFGL fell from a 52-week high of 85.5 cents to 31.5 because before acquiring Copeinca, it was doing badly. The greatest challenge in this acquisition is whether what is essentially a Chinese company can integrate and synergize the fishing operation of a Peruvian company and do well. My own assessment is that the jury is still out, so though I am vested (I'm a newbie and my valuation skills were terrible then), I dare not buy more. In any case, after all the hullabaloo this morning, the share price has only risen 1 cent from yesterday's closing, so you won't lose much if you dive in to get some more now.

2014-02-07 14:03

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