NZS 0.00% 0.2¢ new zealand coastal seafoods limited

I know some people on here have commended the management teams...

  1. 105 Posts.
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    I know some people on here have commended the management teams response to questions put forward to them so i thought i'd try my luck. Aldo is very much on the ball.

    I thought i would post the email.

    It always pays to do further research and approach the company if you have any gaps in your research or need things cleared.


    https://hotcopper.com.au/data/attachments/2381/2381710-09dc4a064cc43f72f7d97f99631a33d5.jpg

    Key point here i have highlighted: NZS are far from maximum output and can increase through put 5 fold. "Its important sales pull through expansion"

    I'd love to see what experts put as fair value on this company if they increase 5 fold with current resources on hand.

    Great day for holders with still some trading left. i was happy for this to consolidate between 5-6 range but it just shows how much this stock can move in a short amount of time so imagine when they announce new purchase agreements or other strategic partnerships in other regions! Some may be smarter than me to trade this stock but I'd rather not be out of my holdings when an announcement does drop.

    Us Long term holders understand the price wont always go up in a straight line... but it has been quite impressive looking back at each weeks close over the last month

    17/07/2020 = 0.019
    24/07/2020 = 0.026 (+0.007 = +37%)
    31/07/2020 = 0.028 (+0.002 = +8%)
    06/08/2020 = 0.038 (+0.010 = +36%)
    14/08/2020 = currently 0.063 but even if its at 0.06 (+0.022 = +60% roughly)

    Have faith in the company, let them do their thing, sit back and enjoy the ride. GLTAH and enjoy the weekend!

 
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