"...And for those looking for even bigger returns, companies like premium seafood farmer Australis Aquaculture Ltd. (ASX:AAQ) (AUQCF) may be poised to soar in the next few years as American diners' demand for sustainable and healthy food overwhelms wild fish stocks. According to Starwood Research analyst Rick Grubbs, CFA, the stock has the potential to trade at $5-$6 if Australis can meet its goal of growing its sales to $100 million within the next 5 years.
Highlights of Australis Managing Director Josh Goldman's recent interview with WSR include:
-- Management's confidence in the company's ability to meet revenue targets as awareness of its products "has really reached that proverbial tipping point" among consumers hungry for eco-friendly, healthy, and tasty entrees. Sales should be increasing "in a very significant way" in a matter of months.
-- How a new production facility in Southeast Asia is on track to boost output by around 10,000 tons a year over the next 5-7 years. "In the company's history, the major constraint has not been the distribution network or demand," Mr. Goldman says. "It's really been supply."
-- Why the company's products have the potential to create blockbuster markets of the future comparable to farmed salmon or tilapia today. "We are uniquely positioned with both large scale, knowledge about how to produce the fish, first-to-market positioning and, we think, a really powerful brand message." Wall Street Reporter (Est. 1843) is the premier source of investment information on global public companies in high-growth sectors. Through its magazines, special reports, website, and conferences, WSR presents unique opportunities for discovering stocks before they appear on the radar of Wall Street. Visitors to its website, www.wallstreetreporter.com, can listen to and view exclusive audio and video from an extensive library of CEO interviews, analyst roundtables, and conference webcast presentations, as well as subscribe to WSR's "Smart Money Alert."
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