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Aquabella Grp Share Discussion Threads
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|Agreed, and lets hope the new owners, whoever they may be, run the business properly.|
|Ok so talks proved unsuccessful and the company is bust. Let's hope for the employees benefit that a buyer is found.|
|Did you notice the Nocatch group which was established to farm organic cod went into adminsitration on wednesday with debts of £40M? Apparently they invested heavily in the infrastructure but underestimated how long it would take to breed mature fish. I suspect we have a similar situation here, except that it's penetrating the retailers at a price that makes sufficeint return is the problem. Too early to tell, but the fact the anouncement hasn't yet been made suggests they're in talks with someone (better than the immediate appointment of an Administrator that oftens RNS's like the most recent one). On the positive side, there were/are supposed to be a number of businesesses interested in acquiring Nocatch, so something may be salvaged here, but I wouldn't bet on it myself!|
|Suspended twice in four months?????|
|I had a trout fish fillet from M&S last night.
Very tasty indeed. Don't know if AQA provided it though.|
|i work in the NF area - I ll have a look at the factory of operations as part of my research on this one.
From the article it looks like they spend far to much cash at the moment - If I see the cleaners' Jaguar and Bentley in the car park, I know where the funding is going....!|
|"..Considering the dismal track record of the company to date, we would understand if readers gave Aquabella shares a wide berth for now. However, it might be worth bearing this company in mind as global demand for all commodities, including fish, looks set to keep rising in the medium to long term. So, in the meantime, perhaps a little gustatory Barramundi research via your local Waitrose, Morrison's or Sainsbury's might be in order."
|Aquabella - Struggling with barramundi
Aquabella has stated that it aims to hit full production/sales in the spring of 2008, and also says it plans to treble its output to 1,200 tonnes per annum once it achieves this target. "
Chat Pages: 1