China Fishery Last:0.076 -

China Fishery - Low PE

Buy....

Oh. They bought small amount I think. Bloomberg terminal can see the different companies/corporations holding china fish?

ZeeZee ( Date: 17-Oct-2013 08:41) Posted:

Oh, i thought u meant they bought in as ssh. Bloomberg terminal can check?

srichipan ( Date: 17-Oct-2013 08:23) Posted:

Non-SSH no need report. Those with Bloomberg account can confirm?

Oh, i thought u meant they bought in as ssh. Bloomberg terminal can check?

srichipan ( Date: 17-Oct-2013 08:23) Posted:

Non-SSH no need report. Those with Bloomberg account can confirm?

ZeeZee ( Date: 17-Oct-2013 05:26) Posted:

I don't think so. I dont see any buy in or any news

Non-SSH no need report. Those with Bloomberg account can confirm?

ZeeZee ( Date: 17-Oct-2013 05:26) Posted:

I don't think so. I dont see any buy in or any news.

srichipan ( Date: 16-Oct-2013 23:07) Posted:

octobe

I don't think so. I dont see any buy in or any news.

srichipan ( Date: 16-Oct-2013 23:07) Posted:

october

srichipan ( Date: 16-Oct-2013 22:57) Posted:

Blackrock and First Trust bought this counter on 10 November. Anyone can confirm this?

october

srichipan ( Date: 16-Oct-2013 22:57) Posted:

Blackrock and First Trust bought this counter on 10 November. Anyone can confirm this?

Hold and you will see dollars soon

China Fishery is getting ready.

China Fishery Peru exec takes over as CFO of Copeinca

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October 15, 2013, 4:40 pm

Eva Tallaksen

Pacific Andes' fishing subsidiary China Fishery Group has appointed Isaac Finger Kogan, the chief financial officer (CFO) of its Peruvian subsidiary, to be CFO of Copeinca.

His appointment puts two China Fishery Peru executives at the head of Copeinca.

China Fishery did not say where Angel Chiri Gutierrez, whom Finger is replacing, was leaving to,

The news is the latest management change at Copeinca since China Fishery took over the Peruvian fishmeal and oil producer in August.

On Sept 2, China Fishery placed the head of its Peru subsidiary, Jose Miguel Tirado Melgar, as new CEO of Copeinca, replacing Pablo Trapunsky.

Trapunsky had resigned on Sept 2, right after the acquisition was completed.

The same day he left, sources told Undercurrent News that nearly all of Copeinca's key management resigned en masse, including fleet manager Diego Cateriano, sales manager Renato Balarezo, logistics manager Clemencia Barreto, legal manager Giuliana Cavassa and human resources manager Nathalie Mas.

Only two of the key management were said to have stayed behind, including Chiri.

The board was also entirely reshuffled. Its seven members were all dismissed, and replaced with only four members : Ng Joo Siang and Ng Puay Yee, respectively CEO and executive director of Pacific Andes International Holdings, alongside Icelandic Group's chairwoman Herdis Drofn Fjeldsted and another Icelander, Jon Thor Gunnarson.

Tirado did not return a request for comment to Undercurrent regarding Chiri's next move. However, the news will reinforce suggestions that China Fishery will seek to integrate Copeinca into China Fishery Peru. Sources have said this might not be straightforward, as the two companies are said to have widely different cultures.

" Copeinca thanks Chiri Gutierrez for his contribution to the company during his tenure as CFO, and wishes him success in his future endeavours," said Tirado in a statement to the Oslo stock exchange, where Copeinca remains listed, for now.

Finger has been CFO of China Fishery Group Investment SAC - the investment holding through which China Fishery owns its Peru subsidiary - since 2008.

Prior to joining the group, he worked as CFO at Hochschild Mining for four years. He graduated from Universidad de Lima with a bachelor's degree in industrial engineering and has a master of science in finance from the University of Rochester in New York.

Seniors, what your take on this .... usually Blanchard will update us with the news. Anyway for your reading pleasure ...

China Fishery Group Limited : The Acquisition of a Significant Equity Interest in Copeinca ASA

10/11/2013 | 09:14am

CHINA FISHERY GROUP LIMITED
(Incorporated in the Cayman Islands)

THE ACQUISITION OF A SIGNIFICANT EQUITY INTEREST IN COPEINCA ASA (" ACQUISITION" ) - DELAY IN DESPATCH OF SUPPLEMENTAL CIRCULAR

Reference is made to (i) the announcement made by the Company on 30 August 2013
and (ii) the circular to shareholders dated 6 August 2013 (" Circular" ).
Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meanings as in the Circular.
As stated in section 2.7 of the Circular1, pursuant to Rule 14.67A(3) of the Listing Rules, PAIH is required to despatch the PAIH Supplemental Circular to its shareholders within 45 days of the earlier of (1) PAIH being able to gain access to Copeinca's books and records for the purpose of complying with the disclosure requirements under the Listing Rules in respect of Copeinca and the Enlarged Group and (2) PAIH being able to exercise control over Copeinca upon successful close of the New Offer.
As disclosed in the Company's announcement dated 30 August 2013, settlement of the New Offer was completed on 30 August 2013. Accordingly, the PAIH Supplemental Circular is required to be despatched to its shareholders on or before 14 October 2013. However, additional time is required for, among others, the preparation of the pro forma financial information of the Enlarged Group, the statement of indebtedness of the Enlarged Group and the working capital statement to be included in the PAIH Supplemental Circular.
PAIH has applied to the HKSE for a waiver from strict compliance with Rule 14.67A(3) of the Listing Rules to extend the despatch date of the PAIH Supplemental Circular from 14 October 2013 to a date falling on or before 27 December 2013.
The Company will prepare a supplemental circular which will contain similar information in the PAIH Supplemental Circular within the same time frame as PAIH except for statement of indebtedness and sufficiency of working capital.

BY ORDER OF THE BOARD Yvonne Choo
Company Secretary
11 October 2013

well the 3 King Kongs are now dead, so it will be a matter of time before the flying fish strikes

"You are buying a dollar company with 40c", that's not a complete sentence. The prerequisites are: i)you must have holding powder.
ii) you must have a strong belief in it, even if you have to wait maybe for a year or even longer...

If that's the case, how is it the buying is so low .... trickle, ... kind of pathetic. It is probably not time to move. Nowadays even with news, most stocks are pretty sedated, except for the 3 king kongs, Blumont, Asiaon & Liongold.

You are buying dollars share for just 39.5ct now.... Very worth....

Bro, what are you saying ??? wow dollars company selling for 40 cts .... what news. Please explain before jeep

wow dollars company selling for 40 cents jeep jeep jeep

The article mentioned by serialain is as follows:

Peruvian anchovy quota rises 184% y-o-y

October 7, 2013, 7:20 pm

Jeanine Stewart

The quota for anchovies from Peru is set at 2.3 million tons a 184% increase of last year?s 810,000t quota.

The increase is just shy of the 2.5m ton quota fishermen were expecting after the initial survey by Imarpe, Peru?s fisheries management organization and it represents about 20% of the biomass level estimated at between 10.8m and 12.1m by the latest survey.

Stephan Palinginis, whose company Santa Monica fishes anchovy to supplement its main hake business, emphasized the news bodes well for the health of the stock.

?At the end of the day, it shows a stronger biomass, so if it?s a stronger biomass of anchovy, it shows that the management of the resource is well done,? Palinginis told Undercurrent News.

This huge increase in quota brings the fishery back into historically normal quota ranges after last year?s 68% quota reduction imposed for last year?s second season. It also puts fishermen in a position to somewhat make up for the disappointing quota for this year?s first anchovy fishing season, when the quota was down 34%, to 2.05m tons.

That decrease was already an improvement over last year?s, however, considering that quotas for the two seasons of 2012 were nearly halved to 3.51m metric tons, compared to 6.175m in 2011.

In addition to the 2.3m ton quota given for the second season of this year, authorities gave quota of 430,000t for the south region.

Peru has two fishing seasons a year, with the first usually running from May to July, and the second running from November to the end of January.

serialain ( Date: 08-Oct-2013 14:18) Posted:

http://www.undercurrentnews.com/2013/10/07/peruvian-anchovy-quota-rises-184-y-o-y/

get ready. fishing quota back to normal, and with acquisition done, next year is going to be sick

Babblebabe, not sure about that ,,,, what I do know is " salted fish" is getting pricier nowadays.

JMS213 ( Date: 04-Oct-2013 09:31) Posted:

China Fishery is definitely one step in the right direction. For your reading pleasure ....

Indonesia, China sign MoU on fishery partnership
The Jakarta Post, Jakarta | Thu, 10/03/2013 5:53 PM | Business

The Indonesian Minister of Marine Affairs and Fisheries and the Chinese Minister of Foreign Affairs sign the Memorandum of Understanding (MoU) of fishery partnership.

" It marks the birth of the new era of both countries' fishery partnership, which is expected to be able to further benefit both countries," Marine Affairs and Fisheries Minister Sharif C. Sutardjo said in an official release on Thursday.

The MoU encompasses a number of paramount points managing the sustainability marine and fishery partnership, such as the partnership in the investment promotion of the captive fishery and aquaculture, the fish processing and marketing, the eradication of the, the fishery data and information exchange - particularly the exchange of the fishery product export-import data, fish docking data, boat registration and the deletion certificate.

The MoU also covers the sustainable captive fish technical collaboration development, the fishery biodiversity protection and other fishery capacity building collaboration.

" Through this finalization of the agreement, it's expected to be able to accelerate the fishery development by strengthening the fishery industrialization, particularly in terms of the facility and capacity building of the integrated domestic captive fish industry," Sharif said.

The MoU also helps Indonesia pave the way to fathom the development of the fishery shipyard in Indonesia and the development of the human capital by training the Indonesian fishing boat crew in the Chinese fishing enterprises

juz sold my salted fish contra today, loss money...damn sad....

cheerios!

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China Fishery - Low PE

China Fishery Group Limited : The Acquisition of a Significant Equity Interest in Copeinca ASA

Peruvian anchovy quota rises 184% y-o-y