MCA murray cod australia limited

I agree Yskelo. Google Maxim's Caterers -...

  1. 143 Posts.
    I agree Yskelo.

    Google Maxim's Caterers - https://en.wikipedia.org/wiki/Maxim's_Caterers

    They claim to be serving more than 700,000 customers per day. Imagine just a small percentage of that number eating Murray cod (1%?). If the trial goes well and they start signing deals I wouldn't be surprised to see 200-300 tonnes of fish going to them alone each year.

    Based on some rough figures of say $20 sale price minus $10 (cost of goods sold) that's $10 x 300,000 kgs = $3,000,000 gross profit.

    If they can meet the demand this company has a very, very bright future. Long term hold with patience required.

    Only negative is probably a cap raise on the horizon very soon.

    Happy to hear others thoughts/calculations.
 
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