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AAQ - AAQ Holdings

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Re: AAQ - Australis Aquaculture

Volume crossed 500,000 for only the third time in recent years today. (622,000.)

AAQ gapped up 0ff .55, opening at .56 and closing at .59 (top .595).

Today's Speculator article is getting plenty of coverage around the place.

All of which may augur for a strong rest of the week.
 
Re: AAQ - Australis Aquaculture

I am not 100% sure but I think to be entitled to take part in the SPP you would have needed to have purchased you parcel 3 days prior to the 21 June 06.

I am basing this on my understanding of dividend entitlement. For dividends you need to purchase the shares on or prior to the ex-date which is at least 3 days prior to the date of record. This is because under the settlement rules on the ASX you are not the legal owner of the shares until actual settlment occurs which is three days after the purchase takes place (although you are exposed to movements in the share price).

I am not sure whether the same reasoning would apply in this case. Can anyone else shed some light on this?
 
Re: AAQ - Australis Aquaculture

TheJafa said:
I am not 100% sure but I think to be entitled to take part in the SPP you would have needed to have purchased you parcel 3 days prior to the 21 June 06.

I am basing this on my understanding of dividend entitlement. For dividends you need to purchase the shares on or prior to the ex-date which is at least 3 days prior to the date of record. This is because under the settlement rules on the ASX you are not the legal owner of the shares until actual settlment occurs which is three days after the purchase takes place (although you are exposed to movements in the share price).

I am not sure whether the same reasoning would apply in this case. Can anyone else shed some light on this?
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I am not sure either to be honest. Wouldn't it show XE though? I never have shares that get anything, not even dividends when I am holding, ok a few dividends. So not real experience.
 
Re: AAQ - Australis Aquaculture

(AAQ) is looking very nice after today's move. Broken important 50% level, and now should be unchallenged to test all time highs. Big volume on the breakout and the fundamentals look spot on. Was going to enter today, but instead chose on (LYC) and (JMS). Still this one is shaping up very well.
 

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Re: AAQ - Australis Aquaculture

Lovely action, I was expecting a selldown considering ex date was yesterday - current holders will get some great leverage from the SPP@50cents =)

They got my $500, now they'll get my 5K!

Cheers
-Cali
 
Re: AAQ - Australis Aquaculture

Being in the industry this is a stock I am interested in and hold - so imagine my surprise today when checking the ASX announcements to ascertain dates etc for the SPP (assuming docs will be late gettinghere to NZ maybe leaving me not much time to accept) only to find that the SPP is for holders with a registered address in Australia only !!!!!!!!!!!!!!

In my experience it is normal for ASX SPP's to be for Australian and New Zealand holders - why the difference this time? I have participated in a couple this year for ASX holdings - AWE and DYL.

I have emailed the company so hopefully will get a respinse soon.

In the meantime, any other NZ holders it appears we cannot participate!

Any comments welcomed.
 
Re: AAQ - Australis Aquaculture

I emailed my bank a while ago who forwarded it to first capital but they haven't got back to me... we won't participate, i guess...
 
Re: AAQ - Australis Aquaculture

Is there a way to find out when quarterly results are going to be published? Is there something like an earnings calendar in Australia? Would be great to know about upcoming announcements beforehand...
 
Re: AAQ - Australis Aquaculture

hi fi$h, best thing to do is to email the MD Josh Goldman. He's pretty friendly (albeit succinct) and will have the answer to your questions.

This one is going to be a real doozy over the next few years. Vietnam Uni fingerling supply agreement just adds more cement to the deal really.

Will be nostalgic to look back on this thread in about a year or two's time.

PS - I didn't invest in WKL. Being a bit of a clown(fish) as far as investing in aquaculture is concerned I have little knowledge about the capabilities of the other companies in this sector.

I do know however that AAQ is the real deal. Is there any other plays I should be looking at Fi$h?

Cheers
-Cali
 
Re: AAQ - Australis Aquaculture

hey caliente,

tassal might have a bright future but a lot of growth is already priced in the stock and the competition is fierce in the salmon market. however, mcdonalds is planning to launch a salmon wrap in the near future. this might raise the demand for fish, the awareness for fish health benefits, but also the sustainability problems of salmon production... it might be a take-over canditate for bigger norwegian players such as marine harvest or cermaq... (http://fisweekendnews.blogspot.com/2007/06/29062007-traditional-fisheries-triumph.html)
don't expect too much from this stock on the short run.

have an eye on CAQ. this one is cheap. Their concept is comparable to that of AAQ. A malaysia joint-venture is creating a lot of revenues(7 million $ deal / CAQ market cap = 10 million $). this will be reflected in this and the next 2-3 quarterly results offering a good trading chance if you ask me. Yesterday they announced that they might reduce manufacturing costs of their equipment by shifting the production to malaysia. they have a foothold in the american and european market, too. all they need is more customers...

CSS will have more than 10 million $ revenues from kingfish sales alone next year. mulloway production will add a bit to that, too. but it all comes down to if they will be able to close the southern bluefin tuna life-cycle. The stock will take-off the second this has been accomplished. The biggest technical hurdles have been taken and everything seems to be on track...
 
Re: AAQ - Australis Aquaculture

A nice move up in price today after the shareholder update detailing forecast maiden profit for 08! Also signed up with new major retailer in the US.
 
Re: AAQ - Australis Aquaculture

The move surprises me since there really wasn't anything new in the investors update...

:banghead::bonk::whip:horse:
 
Re: AAQ - Australis Aquaculture

Nice move up in the share price today with a 60% increase in fish sales expected Dec qtr over Sept qtr last year. The quarterly report should be a good one based on this.......
 
Re: AAQ - Australis Aquaculture

grace said:
Nice move up in the share price today with a 60% increase in fish sales expected Dec qtr over Sept qtr last year. The quarterly report should be a good one based on this.......
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Yes, i'm hoping so, yet the strengthening A$ is going to have some negative effects, as will the U.S slowdown sentiment, although i doubt that will effect sales tbh.

I have quite a big holding in AAQ, so am hoping for some SP appreciation soon.
 
Re: AAQ - Australis Aquaculture

Additionally of good note- AAQ was recently awarded the "Special Award for Environment" in the annual Australian Sustainability Awards (sponsored by "Ethical Investor Magazine". :)
 
Re: AAQ - Australis Aquaculture

Real1ty said:
I have quite a big holding in AAQ, so am hoping for some SP appreciation soon.
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I didn't think that there were too many others interested/following/holding this one. Recent share performance has been a welcome reversal of the (previous?) downward trend. I have been in this one for quite a while as well and participated fully in the July 07 SPP @ 0.50 when I think the SP was around 0.60.

My concern is that due to its relatively poor performance since then, the stock will face some resistance at 0.50 as many who got in at that price/increased holdings substantially will look to get out and break even. I was thinking the same with a sell order at 0.50 in November when the SP climbed briefly to 0.49.

Still, things are now looking more positive on the increased sales forecast and hopefully the worst of the supply constraints are behind it. I think Stateone has had a spec buy on this one for a while, but they were the sponsoring broker for the IPO so it may not really mean a whole lot... :rolleyes:
 
Re: AAQ - Australis Aquaculture

I am holding AAQ- (barramundi) and CSS- (tuna) on the hope they can emulate the success of TGR - (salmon).
Not as exciting as mining stocks, but from a fundamental point of view, with overfishing and increasing populations, surely fish farming will sooner or later be appreciated as a vital supply method for the seafood market.
 
Re: AAQ - Australis Aquaculture

I am holding AAQ because of good management (ex TGR). I used to hold TGR. This one is a small emerging in my opinion. Getting a bit of a hiding because of the US connection, but hopefully will show cashflow positive this year. Fish numbers and sales continue to grow!
 
Re: AAQ - Australis Aquaculture

Anyone know why the big sell down today? The quarterly should be out soon, and I would have thought that it would be cashflow positive (depending on how much they are spending in Vietnam).
 
Re: AAQ - Australis Aquaculture

I had at confidence in AAQ..... that is until todays notice the company chairman sells his entire holdng ( 6 million shares leaving him less than 2 ,000)

Any one have an opinion as to why unless its rats deserting the sinking ship, dont wanna get caught out again


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