CSS 2.63% 18.5¢ clean seas seafood limited

Ann: Clean Seas H1 FY18 Investor Presentation, page-9

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  1. 954 Posts.
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    @Tarvold -- They stated that their YTK are priced at a premium to the broader YTK market. That is where the "most expensive fish sold in Australia" comes from. I think your taking it out of context. @mallis -- is right... there are other species of fish which are very expensive, but in regards to the species in question: They may well have the most expensive due to its superior quality traits. They also mentioned in the conference call, that a competitors YTK will be on the market shortly. Although, everyone including CSS is in their respective markets to make money. I found it quite humbling to hear David Head talking about Huon in a high regard (when he was asked questions about their mass YTK escape). He didn't do a Frances Bender crying (on national tv) about Tassal damaging habitat, with their salmon production in Tasmania (sobbing about sustainability and increasing production in a different species, whilst making very good profits with salmon).
    Like I said before. The game is on. I got my ideas of how this will play out (need to keep it to myself). The founder Hagen Stehr is planning to retire shortly. He is an old man with plenty of money time and interests all over the place. If the shares continue to trade low... he is going to have a field day once he leaves the radar (possibly accumulating whilst not drawing to much attention). Let's wait and see. Those that are not in for the medium to LT seem to be vacating now. Sit back and relax if your up for it.
 
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