Sea Harvest Group (JSE: SHG)

8.59 now. Down again.

8.59 now. Down again today.

8.59 now, down over 2%. Ouch.

R8.80 now. Bit of life back in it.

8.80 now, that's a move hey

8.80 now, that's lekker.

8.58 now. Down 2.5% today.

8.58 now. Down again.

SHG at R8.11 is trading at depressed valuations relative to its seafood processing assets and distribution network, but the real question is whether management can navigate input cost inflation and weak consumer demand without further margin compression. The dividend yield looks

SHG's 4.94% pop on what looks like thin volume concerns me more than it excites me. The fishing sector's structural headwinds around quotas and input costs haven't changed, so I'd be taking some chips off the table here rather than chasing momentum at R8.50.

SHG needs a Sharks comeback, not a gentle swim

Fishing stocks have been under pressure all year but SHG's export book should steady once rand stabilizes a bit. Last set of numbers showed decent volumes despite the fuel costs killing margins, reckon that's the real headwind not the demand side. Long-term view hasn't changed, these seafood plays always bounce when input costs ease up.

ngl the seafood export story is still there but man, harvesting costs and rand weakness are eating into margins hard. at R8.14 im not convinced the stock has priced in how tight things are getting for the fishing quota side. rather wait for a clearer sign that processing volumes pick up again before buying more.

Not sure about this one. SHG's been squeezed by fuel costs and the rand, margins are thin already. Do you think they can actually grow revenue or are we just waiting for a commodity bounce that never comes.

SHG's been getting hammered but the fishing quota side is solid long term, rand weakness actually helps exports. Issue is aquaculture took a knock and working capital got tight, so margins compressed. At R8.21 you're paying peanuts for the asset base but need patience on the turnaround, not a quick flip. GLTA

Fish prices are under pressure globally, rand weakness helps exports but their margins are getting squeezed. Need to see volume growth or a big contract to justify holding at R8.21, otherwise we're just treading water here. The aquaculture side is where the real upside is if they can scale it properly.

SHG's issue is simple, they're fighting rand weakness and input costs while the rand keeps getting hammered. Aquaculture could be the real play long term if they can scale it without bleeding cash, but the wild catch business is just getting squeezed harder every quarter. Worth watching the next results to see if cost cuts actually stick or if it's just smoke.

fwiw the rand weakness is actually a tailwind for shg since they export, but the quota cuts on hake are real and that's maybe 40% of earnings imo. h1 cash flow was decent enough but if they can't land fish they can't process it, so thesis hinges on aquaculture scaling faster than wild capture shrinks.

SHG up 1.34% to R8.30 today, but still trading well below its peers in the protein space. Oceana's sitting on stronger margins and more diversified revenue streams, which shows why the market's given it a wider valuation multiple lately.

been reading the latest sens filings, fishing quotas looking tight this year