SAPMER : THEY ALSO KILL SEAFOOD BUT NOT LIKE BP PLC, SAPMER S.A. IS A FISHING COMPANY (CALM, rated SELL)
Posted on August 03, 2010 at 16:45 PM EDT
I bought this stock in 2009 after a €5,000,000 private placement on NYSE Alternext (Paris) and I had not enough seafood since then. Sapmer is a ultramarine kind of company to me, I love what they are doing and how they do it. I hope you will love it too after you see the story and the business, their prospects are fantastic into the future and they don't fish in the Atlantic Ocean or Gulf of Mexico where ( BP ) will kill all the sea life, so they are completely " 300 m water resistant" because they fish in the Southern Ocean (Indian Ocean) and the distance from Reunion Island to ( BP ) U.S. headquarters in Houston is 17,000km. Before the financials (which are not important for a wild catch fishing company these days) I would like you to see more of Sapmer S.A. in pictures. Headquarters Mer des Mascareignes (processing fish products facility in Mauritius) Sapmer organization Fleet: Austral freezer lobster trawler Freezer longliner Croix du Sud Freezer tuna Franche Terre And now long awaited wild catch products of Sapmer <table width="280"> <tbody> <tr> <td> </td> </tr> <tr> <td> </td> </tr> </tbody> </table> St. Paul crayfish Skate Southern toothfish Big eye grenadier Skipjack tuna Yellowfin tuna Finally the boring numbers which are crystal clear The Wild Catch of Toothfish Rock lobster catch The People of Sapmer The money The chart Links: http://www.sapmer.com/index.php 2009 results PDF file: http://www.sapmer.com/protected/fichiersfckeditor/file/invest... NYSE Euronext link with all data: http://www.euronext.com/trader/companyprofile/companyprofilev... P.S. I didn't wrote about this trade in my usual manner because Sapmer S.A. is not a usual company, because of what happened in the Gulf of Mexico and will happen soon in the Atlantic Ocean. The seafood prices are skyrocketing even for Aquaculture products (fish or other seafood farms) but Sapmer is all about wild catch, they command the price not the market monopolists or other hot shot tycoons. The pricing power and growing demand is decades long story into the future, sail this future with me (with Sapmer) and also read my other blog about Marine Harvest ASA which is in the same industry. I am invested in seafood and there is more news to come.