Disruptive Investor
Long/short equity, deep value, event-driven, macro

Marine Harvest: Largest Producer Of Farmed Salmon A Buy

Marine Harvest (MNHVY.PK), which is the world's largest producer of farmed salmon, is an attractive buy at current levels considering the current salmon market price trend. This investment note discusses the near-term positive outlook for the stock and the long-term fundamental drivers for the business.

Salmon Prices Are Surging

According to the FAO report (June 2013) on world food markets, the salmon price index has increased from 146 in June 2012 to 195 in June 2013.

(click to enlarge)

The same report states that -

Despite a 13 percent increase in farmed Atlantic and Pacific salmon production between 2011 and 2012, salmon prices continue to recover from the very low levels reached in 2011. Strong demand in the face of...
Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details