CSS - Clean Seas Seafood

kingkev · 24 January 2011

Re: CSS - Clean Seas Tuna

The news is out and some selling going on. Nothing to get excited about as they are holding their cards close to their chests. There is a hint of financial losses once again albeit not as big as earlier losses.

Waiting..............waiting.............waiting

Thats all I can do with this stock

truevalue · 28 January 2011

Re: CSS - Clean Seas Tuna

kingkev said:
The news is out and some selling going on. Nothing to get excited about as they are holding their cards close to their chests. There is a hint of financial losses once again albeit not as big as earlier losses.

Waiting..............waiting.............waiting

Thats all I can do with this stock

A fair bit of buying yesterday.

CSS are still 2-3 months away from getting fish in the sea and, until then, there will be nothing to get too excited about.

Contrary to some other opinions on this thread, if they manage to get a quantity of SBT in the sea cages, then this well be a very valuable company indeed. Don't be fooled by the poor performance of Kingfish, the SBT market is completely different, much higher per kg prices and very strong demand.

kingkev · 28 January 2011

Re: CSS - Clean Seas Tuna

That is the big question,

Will they get them out to the cages and how will the grow out go??

How many times are they going to try before they eventually give up

Sdajii · 28 January 2011

Re: CSS - Clean Seas Tuna

kingkev said:
That is the big question,

Will they get them out to the cages and how will the grow out go??

How many times are they going to try before they eventually give up

They'll keep trying as long as people are silly enough to throw money at them.

kingkev · 28 January 2011

Re: CSS - Clean Seas Tuna

A lot of money was thrown around yesterday and a bit more today. Is this all in desperation or was there something in their announcement that I missed. I do not see throwing more money at them just because their losses are predicted to be a lot less than previous losses.

Whats'happening here................

brendoz · 28 January 2011

Re: CSS - Clean Seas Tuna

i pulled out a while back now for 10.5.

whatever, i took a loss, but considering the potential losses from the kingies, and weigh it up with the likelyhood of a successful growout of the bluefin, even if it is a good story this season, i recon my money is better off elsewhere at the moment. my opinion.

skc · 28 January 2011

Re: CSS - Clean Seas Tuna

kingkev said:
A lot of money was thrown around yesterday and a bit more today. Is this all in desperation or was there something in their announcement that I missed. I do not see throwing more money at them just because their losses are predicted to be a lot less than previous losses.

Whats'happening here................

The other fish company TGR got a second takeover offers so people are probably getting a little bit exited about the sector.

sashimi · 30 January 2011

Re: CSS - Clean Seas Tuna

Most of the value related to this business is tied up in the technology and the potential value of the intellectual property right.

Mark my words there is going to come a day that anybody will be able engage in breeding tuna with a low cost entry if you choose the right location.

Check this link out .

http://www.prlog.org/10842983-breeding-tuna-outside-the-square.html

robusta · 30 January 2011

Re: CSS - Clean Seas Tuna

kingkev said:
A lot of money was thrown around yesterday and a bit more today. Is this all in desperation or was there something in their announcement that I missed. I do not see throwing more money at them just because their losses are predicted to be a lot less than previous losses.

Whats'happening here................

Have to agree with you there, call me fussy but I will look at CSS when/if they actually make a profit.

kingkev · 31 January 2011

Re: CSS - Clean Seas Tuna

Granted the value of this company is more in its technology and less about its successes.

The only thing constant with this bunch is change and lets hope that there is change for the good around the corner

pixel · 3 February 2011

Re: CSS - Clean Seas Tuna

kingkev said:
Granted the value of this company is more in its technology and less about its successes.

The only thing constant with this bunch is change and lets hope that there is change for the good around the corner

Looks as if your wish is coming true
... and an ASX "Please explain..." could be imminent

truevalue · 3 February 2011

Re: CSS - Clean Seas Tuna

Sdajii is unwinding his short position:

Sdajii · 3 February 2011

Re: CSS - Clean Seas Tuna

truevalue said:
Sdajii is unwinding his short position:

Hahaha! Nice one!

I'm guessing the price rise is due to people figuring the spawn will cause excitement. They're looking for a quick profit. If I didn't have such an aversion to touching anything that crappy, I'd have considered doing the same myself at 10-11c and selling shortly after the spawn announcement (before the failure announcement which won't be much further down the track ).

The whole of CSS has smelled very fishy (pun intended) for a long time. The genuine believers will probably be excited about now, just before the spawn, and hey, maybe they'll even manage to keep a few fish alive this time, but even if they do I can't see things being economically viable, and even if it was, which I just can't see, the guys running the show have clearly and repeatedly shown that they're dodgy.

It's interesting to watch anyway

nizora · 3 February 2011

Re: CSS - Clean Seas Tuna

pixel said:
Looks as if your wish is coming true
... and an ASX "Please explain..." could be imminent

Many may have forgotten:
Trailing one year: the value of $1,000 invested one year ago is $481 [vs $1,089 for the All Ordinaries index], for a capital loss of $519. The total return to shareholders for 1 year is -51.9%. Trailing five years: the value of $1,000 invested five years ago is $278, for a capital loss of $722.

kingkev · 3 February 2011

Re: CSS - Clean Seas Tuna

come fishy fishy !!!!

I am from North Qld so was quite surprised to see a small jump in SP today once electricity was reconnected again

Is there an annoucement coming

something like little fish survived 30 days................

happy days

pixel · 3 February 2011

Re: CSS - Clean Seas Tuna

well - whatever the reason: The volume spike on 24th Jan gave it away early.
Those of us, who bought on that signal (speccie, sure - no sheep stations!) are now up 40%. Tomorrow will probably be the day to take profit.

kingkev · 3 February 2011

Re: CSS - Clean Seas Tuna

so that means topping up again............

40% profit is always nice but 80% is better

the next few months could see a lot of fluctuation in the sp

pixel · 4 February 2011

Re: CSS - Clean Seas Tuna

kingkev said:
so that means topping up again............

40% profit is always nice but 80% is better

the next few months could see a lot of fluctuation in the sp

I'll probably take as many off the table as necessary to make the rest "free carried".
That's not because I wouldn't like those 80% profit for the full position, but only because I'll take a couple of weeks off, during which I don't want to risk any more of my capital than I consider safe or feel I can afford to lose.

kingkev · 4 February 2011

Re: CSS - Clean Seas Tuna

Well looks like the profit taking has started

Might be a good time like you say to take a few weeks off and play the watching game. I have been holding and topping up since 2007.............I still have some way to go to get some back

nizora · 8 February 2011

Re: CSS - Clean Seas Tuna

kingkev said:
so that means topping up again............

40% profit is always nice but 80% is better

the next few months could see a lot of fluctuation in the sp

If you sold already, 40% would be a regret! NOW 80% is imminent ,100% and more is a real possibility! I am holding!

CSS - Clean Seas Seafood

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