I'll add to your analysis from a more mid-long term investment view that I've taken:
- Prawns+salmon=70% of the domestic retail seafood market.
- Demand for both products are increasing
- Fragmented and low supply prawn market = potential to realise big growth (and high margins with economies of scale).
- Increased move toward sustainable food sources.
- Minimal ecological impact
- Experienced management with good track record of delivering.
- Dividend yield >4% in a low interest rate environment.
- Manageable debt levels.
- Consistent growth in revenues and implementation of strategies to optimise performance.
I'm in
- Forums
- ASX - By Stock
- Hard buying in a rising market...
I'll add to your analysis from a more mid-long term investment...
Featured News
Add TGR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online