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Re: DewDiligence post# 38

Saturday, 03/11/2017 7:26:13 PM

Saturday, March 11, 2017 7:26:13 PM

Post# of 387
Dew, Another interesting salmon related stock is Marine Harvest, based in Norway. They're now trading on the OTC as MHGVY (formerly traded as MHG on the NYSE) and due to the symbol change it's hard to find a longer term chart, but its 10 year chart is what initially attracted me to the stock - a nice steady upward slope. Also has a big dividend over 8%, with PE in the 12 area, and market cap $7 Bil range with $3.7 bil in revenues, $566 mil net income, and strong cash flows. So a totally different type of stock than AquaBounty, but worth a look as a conservative buy/hold stock with a big dividend -




>>> Marine Harvest ASA produces and sells farmed salmon products worldwide. It operates through Feed, Farming, and Sales and Marketing segments. The company is involved in the fish feed production; and fish farming and processing activities. The company offers whole salmon products; elaborated salmon products comprise salmon tartar, stuffed salmon, terrines, and brochettes, as well as ready-to-heat and ready-to-eat meals, such as salmon roast and salmon in different sauces; and smoked and marinated salmon products. It also provides other products/non-salmon species and ingredients, including white fish products consisting of marinated barbeque cod, plaice cordon bleu, dusted pangasius and cod loin, marinated shrimp skewers, fresh fish sticks, marinated cod loin, and shrimp limone, as well as ingredients, such as fish oil. The company was founded in 1965 and is headquartered in Bergen, Norway. <<<








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