Marine Harvest ASA

Marine Harvest is a seafood company engaged in the production of farmed salmon. Co. offers fresh and processed salmon and other processed seafood to customers in 70 countries worldwide. Co. focuses on three principal types of production activities: salmon feed production in Norway, fish farming and primary processing of fish in Norway, Scotland, Canada, Chile, Ireland, and the Faroe Islands, and secondary processing of seafood in Norway, Chile, Ireland, the United States, the United Kingdom, France, Belgium, the Netherlands, Poland, the Czech Republic, Japan, Vietnam, Taiwan, and South Korea.
  • TickerMHG
  • ISINNO0003054108
  • ExchangeOslo Bors
  • SectorFood Producers
  • CountryNorway

Analysts

Alexander Aukner

Seafood - The Fat Trout Weekly

Seafood - The Fat Trout Weekly

Alexander Aukner

Time to take profit

We believe consensus for demand is too high and supply too, low meaning our 2019–2021e EPS is 16–20% below consensus, which coupled with all-time-high share prices could prove a toxic mix. We forecast 2019–2021 salmon prices of NOK55–57/kg, have cut our EPS by 8–13% and lowered our sector view to negative.

Alexander Aukner ...
  • Tone Bjørnstad Hanstad

Seafood - The Fat Trout Weekly

Seafood - The Fat Trout Weekly

Alexander Aukner ...
  • Tone Bjørnstad Hanstad

Sector title

Sector title

Marine Harvest – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Alexander Aukner

Seafood - The Fat Trout Weekly

Seafood - The Fat Trout Weekly

Alexander Aukner

Time to take profit

We believe consensus for demand is too high and supply too, low meaning our 2019–2021e EPS is 16–20% below consensus, which coupled with all-time-high share prices could prove a toxic mix. We forecast 2019–2021 salmon prices of NOK55–57/kg, have cut our EPS by 8–13% and lowered our sector view to negative.

Alexander Aukner ...
  • Tone Bjørnstad Hanstad

Seafood - The Fat Trout Weekly

Seafood - The Fat Trout Weekly

Alexander Aukner ...
  • Tone Bjørnstad Hanstad

Sector title

Sector title

Alexander Aukner ...
  • Tone Bjørnstad Hanstad

Seafood - The Fat Trout Weekly

Seafood - The Fat Trout Weekly

1 director sold after exercising options/sold

A director at Marine Harvest Asa sold after exercising options/sold 1,600,000 shares at 179.737NOK and the significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted und...

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Eivind Sars Veddeng
  • Håkon Astrup
  • Joachim Gunell
  • Jon Berggren
  • Martin Arnell
  • Niclas Gehin
  • Nicolay Dyvik
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Simen Mortensen

Northern Lights

Alexander Aukner ...
  • Jon Masdal
  • Marius Knudssøn
  • Martin Arnell
  • Martin Huseby Karlsen
  • Mattias Montgomery
  • Nicolay Dyvik
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Simen Mortensen

Northern Lights

Alexander Aukner ...
  • Eivind Sars Veddeng
  • Ole-Andreas Krohn

Northern Lights

Alexander Aukner ...
  • Martin Arnell
  • Nicolay Dyvik
  • Ole Martin Westgaard
  • Ole-Andreas Krohn

Northern Lights

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Håkon Astrup
  • Jesper Ingildsen
  • Karl-Johan Bonnevier
  • Nicolay Dyvik
  • Ole-Andreas Krohn
  • Rune Majlund Dahl
  • Simen Mortensen

Northern Lights

MOWI ASA sees an upgrade to Positive due to a better fundamental star rating

The general evaluation of MOWI ASA (NO), a company active in the Farming & Fishing industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date February 15, 2019, the closing price was NOK 197.80 and its potential was estimated at NOK 211.76.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Marine Harvest – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Marine Harvest - 2018, December 4th

In general, Marine Harvest is in compliance with the Norwegian regulations relating to the organisation and procedures of the Extraordinary General Meeting. Under ITEM 3, it is proposed to change the name of the Company to "Mowi ASA", in connection with a revised corporate strategy and the launch of a global brand "MOWI". The new "MOWI" brand is aimed at the upper echelon of the salmon market in terms of quality and sales price. The Company expects that (MOWI) sales will increase gradually to exceed EUR 1.0 billion by 2025, generating additional operating income of at least EUR 100 million. ...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 15/01/2018

In general, Marine Harvest is in compliance with the Norwegian regulations relating to the organisation and procedures of an EGM. Under ITEM 4, the nomination committee proposes to appoint Mr. Kristian Melhuus as Member of the board of directors. Based on the available information, Mr. Melhuus would not be considered independent since he is serving as Director of Seatankers Management Norway AS, a company affiliated with Marine Harvest's largest shareholder Geveran Trading Co. Ltd. In light of insufficient independent representation on the board, ECGS recommends to vote OPPOSE.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

As support levels continue to hold for the MSCI ACWI and S&P 500, our neutral but constructive outlook remains. Additionally, we reiterate our expectation for more consolidation and volatility. In today's report we highlight actionable stocks within countries that are displaying bullish price and relative strength trends. • Asia/Pacific. In Japan, the TOPIX continues to exhibit leadership characteristics. Stay overweight. Broadly speaking, global Consumer Staples stocks are lagging, but Japan is the exception. Hong Kong's Hang Seng Index also remains on bullish footing... see pages 2 and 5-11...

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