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21.5¢ new zealand king salmon investments limited

Perhaps. Chinese fish demand looks strong though and they have...

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BirdOfPrey

303 Posts.

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01/03/18

15:26

Post #: 31454599
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Originally posted by entropylord ↑

Except it is not a PE anywhere near 10.

Market cap. approx NZD 280mm
Expected FY NPAT Approx NZD 20mm

You need need to read beyond the HY number before you blitthely multiply by 2.

And I have no idea where you got the growth story from? Not huge from what I can see, certainly not volume driven, perhaps some from improved prices.

The negative impact from rising sea temperatures probably doesn’t bode well long term, albeit this year was probably an outlier in that respect.

Perhaps the sp is fully priced given industry risks?

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Perhaps. Chinese fish demand looks strong though and they have good connections there. really there fish breeding issue for warmer waters seems like a threat that has now been baked into the share price ahead of it actually happening. low risk buy imo. Just gotta give the share price another day to settle as a few more jump ship

NZK Price at posting: $1.78 Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 21.5¢		Change 0.005(2.38%)		Mkt cap ! $126.4M

Open	High	Low	Value	Volume
21.3¢	21.5¢	21.3¢	$504	2.374K

Buyers (Bids)

No.	Vol.	Price($)
2	24661	20.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	4754	1

View Market Depth

No.	Vol.	Price($)
1	4300	0.230
4	36270	0.225
3	13100	0.220
4	42500	0.215
1	200	0.210

Price($)	Vol.	No.
0.235	1753	2
0.240	7615	1
0.250	1726	1
0.255	8400	1
0.260	15000	1

Last trade - 12.53pm 25/11/2024 (20 minute delay)

NZK (ASX) Chart

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