Catch of the day: Premier Fishing, Sea Harvest, AVI
Readers may or may not be aware that there is major restructuring under way in the domestic fishing sector. This presents opportunities – and some big risks
BUY: Premier Fishing Share price: 264c JSE code: PFB
Premier Fishing & Brands, even given the taint of scandal at its parent company AEEI (controlled by Iqbal Survé’s Sekunjalo Group), probably has the best chance under the fishing rights allocation programme, or FRAP 2020, of gaining quota in valuable species such as hake, pilchards, anchovy and horse mackerel. Its quota position in these areas is modest to none...