Sino-env did hit 21cts ...NOL and bukit Sembawang I avoid is because U will know after co received the $$$ from rights base on my numerous encounters,now NOL and Bukit Sembawang are artifically push up otherwise the rights issue will be a failure,think long term lah ,bloke.

ChinafIsh at 62.5cts is equal to its ipo price of $1.25  on 25/01/2006 ($1.25/2) base on its s 2 for 1 stocksplit..theoretically ChinaFish is only few S share that did not drop drastically below its ipo price,coupled with 1 for 10 bonus,relatively safe to buy hence I bought today.Nobody point a gun to force U to buy,don't be so naive that by posting here we can influence buy/sell decisions,all invetsors or speculators would have done their homwork b4 making investment decisions

Used to trade btw $1 to $3.30 stock.....With its 10 for 1 bonus can see the support building up,when bous approved at EGM ChinaFishery shd soar,now at 62.5cts looks very attractive.

See DBS vickers's past comments.

Story: Pursuant to their latest Peru fishmeal plant acquisition, we had an
update with the company and revisited our assumptions.

Point: Its acquisition in Peru at US$19.9m comes with a fishmeal plant and
will add 110mt/hr capacity to its current processing capacity of 545mt/hr.
This is in time for the start of the first Peruvian Anchovy fishing season
on 21 Apr. Fishmeal price have shown upward price increase and are now
trading around US$950/mt, up from US$850/mt in Sep 07. We believe prices
should remain firm on higher demand as feed for livestock and aquaculture.
Furthermore, according to a March fishmeal report by Globefish, Alaskan
Pollock CFR (Cost & Freight) prices have increased by 12% from Dec ¨C Mar
period for US origin stocks. Historically, company data showed an upward
trend in prices over the years and it is estimated that prices have already
increased by about 5% in 1Q08. We revisited our assumptions to factor in a
more conservative harvest quantity of Jack Mackarel (from its expected
deployment of vessels in the South Pacific) but higher fishmeal sales. All
in, our net profit is adjusted down slightly by 1%-2% for FY08F-09F.