Pacific Andes

[Jack31]

Our world class sgx have just given the in-principle approval.
"Well done!" -_-"

[greengiraffe]

Our world class sgx have just given the in-principle approval.
"Well done!" -_-"

Just a simple rubber stamp... world class is meaningless here...

[sykn]

Too big to fail, or too risky a bet? I'm not too sure myself. The risks are high, but the rewards don't look that great, IMO.

[cloud_soon]

i use Pac Andes Int listed in HK as a guide. it is trading at 22cts HK or abt 3.6cts sing.

[sykn]

Fair enough; don't see why we should pay more over here. Thanks for the heads up.

[hh488]

Our world class sgx have just given the in-principle approval.
"Well done!" -_-"

Just a simple rubber stamp... world class is meaningless here...

Sgx giving approval so fast without much DD, without blinking of eyes, without querying why PAH keep diluting SH interest.... so long as appropriate fees will be collected!

Salute to Sgx. Salute to SIAS too.

[Big Toe]

SGX is in the business of collecting fees from trading/related activities.
Thinking that SGX will spare no effort in safe guarding all investors is equivalent to thinking that moneylenders exist to help the poor and needy.

[CityFarmer]

The affecting companies, includes China Fishery...

(not vested)

Shares in Pacific Andes and its Singapore units plunge to record lows on news of investigation

SINGAPORE (Aug 21): Pacific Andes International Holdings Ltd. and shares of its units posted record declines after they said the companies are being investigated by regulators in Singapore and Hong Kong.
...
http://www.theedgemarkets.com/sg/article...estigation

[greengiraffe]

Its a real salmon that got away...

Tassal lifts profit, revenue on growing appetite for salmon
·      
·     AAP
·     AUGUST 20, 2015 12:57PM

Australia’s growing appetite for salmon has delivered a double-digit earnings boost for fish farmer Tassal.
The company (TGR) lifted both revenues and net profit thanks to an increase in salmon consumption and strong domestic wholesale market sales.
Tassal’s improvements in the growing and processing of fish, logistics and distribution also helped offset lower wholesale and export market prices.
“Tassal’s domestic market strategy continues to deliver long-term sustainable returns as salmon per capita consumption continues to grow,” chief executive Mark Ryan said.
“Our focus on ensuring more efficient operations underpinned our performance this year as we streamlined processes right across our supply value chain.”
Tassal lifted its net profit by more than 20 per cent to $49.9 million in the year to June 30, while revenues rose
Tassal said its growth strategy was now based upon salmon and seafood rather than salmon only, following its acquisition of De Costi Seafoods.
The acquisition had expanded Tassal’s market opportunities considerably.
“We are confident that Tassal has the right foundations in place in its existing business and within De Costi Seafoods to successfully pursue the company’s next growth phase,” Mr Ryan said.
Tassal was now looking to benefit from the entire salmon and seafood value chain, through economies of scale and maximising the domestic consumption of seafood.
Tassal said the value of its biological assets — a key forward indicator of earnings — had increased by 18.1 per cent to $222.9 million.
Shares in Tassal were four cents lower at $3.69 at 12.37pm (AEST).