Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (45370)	11/11/2011 1:30:35 PM
From: robert b furman	1 Recommendation Read Replies (1) \| Respond to of 78525

THEY SHOULD BE. Farm raised fish and high fence raised deer and all of it congugations should all go belly up. I've seen these growth farm practices destroy the price of wild fresh salmon.It has made hard working people leave the practice of commercial fishing. I'm not a big friend of the greedy commercial fishing industry as they would surely fish themselves to death if allowed. Salmon fishing or Tuna cowboys -my diet has no place for any of then or their conceots. SORRY TO RANT BUT YOU TOUCHED A NERVE. Bob

To: E_K_S who wrote (45370)	11/11/2011 4:49:13 PM
From: Madharry	Respond to of 78525

As a consumer i dont think salmon prices are much cheaper than they used to be farmed salmon is still considerably cheaper than wild salmon where i live. also wild salmon is considered more healthy and desirable. im thinkiing there a glut because the farmed salmon is still more pricy than halibut or cod so i almost never buy it. either going for one of those two or wild salmon. I dont usually have salmon in the restaurant either as i prefer to have my fish at home where i can take it out as soon as i cook it and it doesnt stand around getting overcooked while the waitstaff take care of other tables.

To: E_K_S who wrote (45370)	11/11/2011 7:36:50 PM
From: Ken Ludwig	Read Replies (1) \| Respond to of 78525

MHG EKS that article is a little scary but a lot of "may" and "could" baked in. I'm underwater too but ... ‘Break Even’Prices are likely to stay low the rest of 2011 and 2012 as global supply is expected to rise 250,000 metric tons in the next 18 months, according to Nordea Markets, which sees prices at 31 kroner per kilogram this year and an average of 24 kroner for next year. At that level prices “should be enough for Marine Harvest to break even,” said Dag Sletmo, an analyst at Oslo investment bank ABG Sundal Collier. Any lower will “raise fears of financial distress,” he said. “2012 seems challenging and supply for the next 1 1/2 years is already swimming in the sea,” Sletmo said. Demand for salmon will rise once the decline in spot prices trickles through to consumer markets, Marine Harvest Chief Executive Officer Alf-Helge Aarskog said in an interview in Santiago Nov. 9. “There is a time lag there,” he said. Dead money, maybe, for awhile but I want to be in this space and they are the big dog. I also see them addressing the disease and quality issues facing the industry better than others.

To: E_K_S who wrote (45370)	11/11/2011 9:41:03 PM
From: Spekulatius	Respond to of 78525

>>Marine Harvest’s ability to honor loan conditions is being called into question after third-quarter net income declined 97 percent. The company’s 225 million euros ($310 million) of convertible bonds due 2015 trade at 82 cents on the euro, according to Bloomberg Bond Trader prices. The bond has plummeted from 123 cents at the start of the year, underperforming peers in the UBS Convertible Europe Index, which have declined an average 7.6 percent.<< Now, the high dividend in excess of earnings paid out earlier and partly financed with debt come home to roost. I own some Pacific Andes (1174.HK) in the fishing sector and so far so good but of course I bought low enough. As for holding deer in captivity to shoot trophy's I agree it's despicable but I am not sure about fish farming. The problems I see with the fish farming as it's currently done is that the extremely high density makes it susceptible to diseases which are very hard to control in water. in the long run, it may be the only option to supply enough fish for human consumption but how to do it right without harming wildlife is not clear to me.