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Something Fishy...Fish Farming Becomes Bigger Business Than the Open Sea

beebee
edited August 2015 in Fund Discussions
Cargill buys Norwegian Salmon fish farm for $1.5B:

bloomberg.com/news/articles/2015-08-17/hungry-fish-farms-lure-cargill-as-seafood-demand-grows

Closer to home, Aquaculture in Maine
Cooke Aquaculture:
cookeaqua.com/

eft FISN went defunct in 2012:

etftrends.com/2011/05/fishing-etf-will-investors-take-the-bait/

Comments

  • Long Marine Harvest (MHG)
  • beebee
    edited August 2015
    Thanks Scott,

    I came across this report on MHG...your thoughts? Today's price $12.22

    image
  • edited August 2015
    I guess I just have a longer-term view and with MHG's hefty dividend policy (which, admittedly is risky and can go to 0% in a 2008-style situation), it's a risk I'm willing to take.

    I believe I read the same report and honestly, I don't want to sit and trade on various formations. I feel strongly about a longer-term story and sit longer-term and collect dividends. I don't want to have to time the market.

    http://www.barrons.com/articles/marine-harvest-shares-headed-higher-1432950653
    (search for Marine Harvest Headed Higher Barrons if you can't read it after clicking link.)
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