Last Price
0.076
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Avg Volume (4 weeks)
0
4 Weeks Range
0.00 - 0.00
4 Weeks Price Volatility (%)
52 Weeks Range
0.00 - 0.00
52 Weeks Price Volatility (%)
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
No result.
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.
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
BHSL
why ?
2014-02-07 12:08