I've scoured the internet for seafood companies to buy. There are fewer to choose from than one may expect. I found fewer than ten tradeabe stocks. The ones with the most exposure and liquidity are about five Norwegian salmon farming companies.
Large cap Norwegian salmon farming companies such as Mowi ASA are all recovering from a lull in profits due to the...
Atlantic Sapphire ASA is incredibly beaten down, 80% from the highs only a year ago. Apparently they have a lot of debt due to expansion and demand for fresh salmon collapsed when restaurants and delis closed down during the pandemic. Now that the lockdowns are finally ending and now that Russian seafood is being sanctioned by the West, I think we'll see a return...
I have a hunch that the invasion of Ukraine a month ago triggered an accelerated rotation of money into certain commodity stocks that previously were not outperforming, such as uranium and nickel. Looking at a ratio of the most beaten down salmon farmer in Norway, Atlantic Sapphire (which is also the largest land aquaculture company in the world, but has a large...
