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$3.71 huon aquaculture group limited

Potential replacement of SPIRIT of TASMANIA ferry freight...

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Bullrush007

5,529 Posts.

651

08/03/21

12:27

Post #: 51597276
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Originally posted by Matrix1: ↑

I think they have made very good cost reductions in production cost per kg.
Helped by good growing conditions.
I do not think Tassel and Huon will combine because of share holding, and would there be any
cost synergies.
Still seeing Norwegian salmon around which are the leaders in low cost production.
I am picking that this is bottom of cycle, artificial because of covid.
USA stimulus will help growth, but it will push the $.

Still accumulating, there are not many companies that you can buy where MC is below yearly revenue.
Just dumb luck expanding production into a pandemic, and just have to admit prices are cyclical.
Hopefully management is trying to control costs.

Interesting reading about Andrew Forest investment in aquaculture in WA.
I did not know he was a marine biologist.
Dr Forrest said he developed the ‘Sea the Future’ plan during his “hellish” four-year marine ecology PhD at the University of WA, which he will graduate from on December 10.

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Potential replacement of SPIRIT of TASMANIA ferry freight services expected to hit Tasmanian salmon industry hard

HUO Price at posting: $2.43 Sentiment: None Disclosure: Held
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0 Great analysis

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