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Fish & Cheap???

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lucky168
    22-Jan-2007 22:51  
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should be anytime soon...

maybe together when it decalred its 3Q results... hopefully this will be the catalyst to set it free!
 
 
lucky168
    22-Jan-2007 22:43  
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should be anytime soon...

maybe together when it decalred its 3Q results... hopefully this will be the catalyst to set it free!
 
 
johnsmith
    22-Jan-2007 21:07  
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Interim Dividends declared last year, 1.3c...anyone got any news when it will be paid?
 

 
jessie
    20-Jan-2007 22:13  
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hi lucky 168, its not contra.  I bought it in May 06 and held on believing that its a good stock as past few years financial performance is good. When price dips, I should have accumulated more... Not enough patience also...

Since the STI is at record high and correction is due anytime, I thought I better take profit.  In fact, I have taken profit on quite a no. of counters since a few forumers here are cautioning of the correction.  I lost quite heavily in the 97 crisis so I have to be more careful. Now trying to hold more cash now.

BTW, another consolation is that I got the dividends...  Are you vested in this counter as well ?
 
 
lucky168
    20-Jan-2007 19:47  
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Jessie, you can always buy back a good stock

If a stock is good, hanging on to it may be a good thing after all. Guess your trade 78-83 is probably contra?

Let's see if this can go on to break its previous high of 92. Cheers!
 
 
jessie
    17-Jan-2007 22:32  
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bought at 78 cents and sold at 83 cents this morning liao... heartache to see it cheong..... consolation is that profit is made and not cut loss & then see it cheong  :)
 

 
singaporegal
    17-Jan-2007 20:31  
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Large volumes with large price change today. A bullish sign but its probably due to big boys buying. Hard to say if trend will continue.
 
 
august
    17-Jan-2007 13:26  
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look at this baby !!! - high volume - surge in price ! - good fundamental . One way for will be - NORTH ! Go babe , GO !
 
 
lucky168
    17-Jan-2007 13:21  
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today cleared 0.81 & 0.84 :)

hopefully can close solidly at 0.87

singaporegal, hopefully this can grow (out of "penny" family) & soon be on your radar screen. 
 
 
lucky168
    09-Jan-2007 22:37  
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singaporegal, your comments on this?

seems that pacAndes having some difficulties clearing 0.81

ocbc very optimistic on this, but what's holding it back in your opinion? Debt ratio?
 

 
lucky168
    05-Jan-2007 16:37  
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hope you have done well!!!

huat leh....
 
 
singaporegal
    01-Jan-2007 20:06  
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Looks to be on uptrend now.
 
 
lucky168
    01-Jan-2007 19:13  
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PacAndes shot up 2.5c higher to close at 78c on the last day of trading. Vol was relatively higher than the rest of the week, so hopefully the interest can roll over to next week when mkt open! To me this is pretty good sign given it broke a tough resistant @76.5c



My next guess it could be testing the previous neckline of 81c. Afterall, this is a growth company which had been raking increasing profit year after year. 
 
 
spurs88
    21-Dec-2006 10:26  
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Moving at last!!!!
 
 
iPunter
    02-Dec-2006 23:03  
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All the reports are so cheem, can't understand.

Anyway, if price goes down and cross line , just sell.
 

 
rickytan
    02-Dec-2006 22:59  
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I thought their performance/results for the past few years have been very good ?
 
 
ten4one
    02-Dec-2006 11:24  
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As long as cash flows is healthy, no problem! Cheers!
 
 
knightrider
    01-Dec-2006 13:39  
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Can anyone interpret ? I just guessed, they need to borrow money again in China Fishery, is it a good sign ? Am i reading it correctly, can any English good one comment on this !!!!!
 
 
knightrider
    01-Dec-2006 13:37  
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PROPOSED ISSUE OF SENIOR NOTES IN THE PROPOSED PRINCIPAL AMOUNT OF APPROXIMATELY US$200 MILLION BY CFG INVESTMENT S.A.C., A WHOLLY OWNED SUBSIDIARY OF CHINA FISHERY GROUP LIMITED

Use of Proceeds

The Issuer intends to use the net proceeds as follows:-

  1. (a) Approximately US$103.6 million will be used to repay a loan facility drawn down on 20 October, 2006. The loan facility was used to finance the acquisition of certain Peruvian companies on 26 October 2006, namely Alexandra S.A.C., Pesquera Victor S.A.C. and Pesquera Flor de Ilo S.R.L.("Peruvian Companies"), which have merged with the Issuer and ceased to exist on their own since 1 November 2006. Please refer to the announcements of the Company on 14 June 2006, 8 September 2006, 18 October 2006 and 27 October 2006 in relation to the acquisition of the Peruvian Companies. Approximately US$5.0 million will be used for the repayment of a term loan facility which was used to pay a portion of the purchase price for the acquisition of a corporate entity and fishing vessels in Peru; and

    (b) The remainder will be used for the acquisition of additional fishing vessels and processing plants in Peru; and in the event suitable opportunities are identified, other acquisitions outside of Peru, which may include the execution of new vessel operating agreements and the prepayment of charter hires under vessel operating agreements; and for working capital and general corporate purposes.



Peruvian Companies"), which have merged with the Issuer and ceased to exist on their own since 1 November 2006. Please refer to the announcements of the Company on 14 June 2006, 8 September 2006, 18 October 2006 and 27 October 2006 in relation to the acquisition of the Peruvian Companies. Approximately US$5.0 million will be used for the repayment of a term loan facility which was used to pay a portion of the purchase price for the acquisition of a corporate entity and fishing vessels in Peru; and

(b) The remainder will be used for the acquisition of additional fishing vessels and processing plants in Peru; and in the event suitable opportunities are identified, other acquisitions outside of Peru, which may include the execution of new vessel operating agreements and the prepayment of charter hires under vessel operating agreements; and for working capital and general corporate purposes.

 
 
knightrider
    01-Dec-2006 10:40  
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The news is coming, just halted !!!!
 
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