CSS clean seas seafood limited

Hi fire bull, not sure where you get your figures from but my...

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    Hi fire bull,

    not sure where you get your figures from but my understanding is that they were getting $14 per kg at farm gate with costs of $9 per kilo . think subsequently they have increased this first figure to $16 but cant put finger on it. no reason to think that input costs per fish would have increased. anyway using the first figures

    5 x 1000 x 3000 = 15 mill profit.

    5.66 would seem to be a low multiple to be trading on even with risks in the sector if as you say these earnings are fully factored in.

    Maybe a bit simplistic in my analysis and stand to be corrected on any of this.
 
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