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Re: Lucky Loser post# 3687

Monday, 08/02/2010 11:12:39 AM

Monday, August 02, 2010 11:12:39 AM

Post# of 163721
That depends on whether they own 100% of this fish venture. I believe it will be substantially less, indeed well below 50%.

Hell Jo u can't go wrong. I was told earlier that their (SIAF's) total cost to raise the fish is around $3.50/kilogram ($3,500/ton). On $12.5MM in revenue that would equate to Gross Profit of $10,750,000.

Divide this by 53MM shares and your already at 20 cents EPS; and that's w/just one fishery alone.
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