Clean Seas Tuna (CSS.ASX)
This is not a blue chip, but its not a miner either so there is no where else to put it, and a good investment is a good investment. The question here is timing. I refer investors to the latest announcement. Clean Seas Tuna (CSS) has successful hatched tuna on its land-based tuna hatcheries, which will enable it to farm the fish. The company is coming to terms with its balance sheet, it has new management and still has some work to do on its cost control. Nevertheless one can expect a company which has mastered the art of farming tuna, in a climate of diminishing natural fish stocks, growing people populations, increased regulation of fishing and increasing awareness of dietary issues to have a promising future. There is of course no better, no cleaner seas than the southern oceans to farm fish. One can therefore expect this company to have a bountiful future. I would thus encourage people to take an interest in this company. Time Magazine judged its 'farming of tuna' as the 2nd best innovation of 2009. I actually think it was first, but American pride demanded it was placed second. They are not as grounded as us Australians. :)
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Andrew Sheldon www.sheldonthinks.com
This is not a blue chip, but its not a miner either so there is no where else to put it, and a good investment is a good investment. The question here is timing. I refer investors to the latest announcement. Clean Seas Tuna (CSS) has successful hatched tuna on its land-based tuna hatcheries, which will enable it to farm the fish. The company is coming to terms with its balance sheet, it has new management and still has some work to do on its cost control. Nevertheless one can expect a company which has mastered the art of farming tuna, in a climate of diminishing natural fish stocks, growing people populations, increased regulation of fishing and increasing awareness of dietary issues to have a promising future. There is of course no better, no cleaner seas than the southern oceans to farm fish. One can therefore expect this company to have a bountiful future. I would thus encourage people to take an interest in this company. Time Magazine judged its 'farming of tuna' as the 2nd best innovation of 2009. I actually think it was first, but American pride demanded it was placed second. They are not as grounded as us Australians. :)
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Andrew Sheldon www.sheldonthinks.com
