Angel Seafood Holdings Ltd : AS1 ASX
Oyster farming is an agricultural practice, where oysters are raised and taken care of mainly for their pearls, shells and inner organ tissue, which is eaten. Oyster farming is dated back to 1st century BC, where ancient Romans practised oyster farming. The current oyster industry is flourishing well enough as people love eating them. Oysters are available at top restaurants and seasides, where you can easily enjoy them with a dash of lemon or just like that – raw.
Oyster farming in Australia is worth $35 million for producing 60 million oysters per year. According to old American logic, oysters should be consumed only in the months having the letter ‘R’ in them. Chances of high bacteria levels are high from May to August. However, this has no relevance in Australia. You can safely consume commercially farmed oysters which are free from bacteria. There are many oyster farming companies in Australia, but we are going to enlighten you about the biggest and top-notch oyster company in Australia – Angles Seafood Holdings Ltd.
Angel Seafood AS1
|S.No||Company Details||Contact Details|
|1||Name||Angel Seafood Holdings Ltd|
|2||Phone No||+61 456401272|
|3||Address||48 Proper Bay Road, Port Lincoln, SA 5606, Australia|
Angel Seafood Holdings Ltd functions as a holding company based in Australia. The company, through its subsidiaries, is engrossed in the production of Coffin Bay Oysters. It operates production, manufacture, marketing, and selling of certified organic and sustainable oysters. A big part of its revenue is derived from the sale of oysters in Australia.
Angles Seafood established in 2010 by Zac Halman. It is the only certified sustainable and organic oyster Company in the world. The goal of this biggest oyster Company in Australia is to deliver a continuous supply of clean, fresh and high- quality oysters without compromising the environment. They’ve grown from a family operated South Australian business into an innovative and organically certified prime producer of Coffin Bay Oysters. The organic certification attained by Angles Seafood is the first one in the industry, worldwide. Their first crop of oysters got a highly positive response from their consumers, which motivated them to cultivate the better version of the similar crop. Angles Seafood Holing Ltd (ASX: AS1) bagged the second position in the Australian National Oyster Completion. This boosted their confidence and encouraged them to work even better. Later in 2013, the company was awarded a gold medal from the South Australian Oyster Growers Association. From local shores of South Australia to five-star restaurants in Hong Kong, Angle’s oysters are enjoyed by seafood lovers around the world.
About The CEO – Zac Halman
Zac Halman, CEO of Angles Seafood, founded the company in 2010. He has been the driving force of innovation in the oyster industry in South Australia. He is also a Board Member of the South Australian Oyster Growers Association (SAOGA) and provides a major contribution towards the growth of the industry. Before the business of oyster farming, Zac Halman has been active in the agriculture industry, majoring in the broad acre and stock agricultural contracting.
High-Quality Coffin Bay Oysters
Angles Seafood never compromises with their quality and the environment. As a certified oyster producing company, Angles Seafood is one of the two sustainable oyster growers in the world. The South Australian Shellfish Quality Assurance Program conducts regular audits on the company’s product. Infrastructure innovations (such as moving to adjustable long-line systems) have increased water flow throughout their oyster farms. Consequently, their impact on sea-beds is negligible, allowing the sea-bed to regrow and revitalize. They also recycle their posts and baskets, ensuring the minimization of the landfill, wherever possible.
Angel’s clean and green oysters are certified by NASAA (National Association for Sustainable Agriculture Australia). The pure, nutrient-rich waters of Coffin Bay give their naturally-grown oysters a ‘sweet ocean’ flavour, without the requirement of food or chemical additives. Angel oysters are also 100% traced, which means, they keep an account for every oyster and every place it has been, from spat to delivery.
- The Oyster spat is carefully raised in sustainable, long-line baskets within the pristine waters of the Eyre Peninsula in South Australia.
- They grow feeding on naturally nutrient-rich waters, without the use of any chemical additives.
- When fully matured, the oysters are harvested for trading.
- After the harvesting process, oysters are packed in hessian bags or pre-chilled, leak-proof cartons, ensuring maximum quality and long shelf-life.
- Shipped to different locations around the world.
Angle’s growing techniques focus on the ‘straight from the sea’ freshness factor, that will tempt both the eyes and the palate.
Selection and Distribution
Angel Seafood Holdings Ltd is committed to satisfying beyond anticipation. They perform a dedicated selection process to ensure accurate sizing and quality of their oysters. They strive to deliver nothing but the finest produce to their customers. Their dedication to quality ensures consistent quality, attractive appearance and fresh flavour in all of their oysters.
Angles Seafood’s Production line methods are aligned and certified within the organic status. This ensures the products are packaged within the NASAA standards with efficiencies contributing to healthier and long-life oyster produce. Angel oysters are chilled and packaged in labelled hessian bags or pre-chilled, leak-proof cartons; allowing the oysters to breathe and be tracked throughout their journey to the end consumer.
The Future of Angel Seafood Holdings Ltd (ASX: AS1)
Angel Seafood is a fast growing company to become South Australia’s largest oyster producer. Current research says that the South Australian oyster production is estimated to be $35-40 million per year, which makes up less than 1% of the world’s production. The upside potential to accelerate production of their world-class oysters will be evident through their future expansion plans. Through the implementation of Angel Seafood’s systemized farming techniques, extensive quality check, and tracked delivery, the company will look to increase production.
The company listed on the ASX in February 2018 after raising $8 million in an IPO. After expanding into Cowell in the March quarter, Angles Seafood plans to expand processing facilities in Coffin Bay this quarter. The bays that Angles operates out of are Cowell, Smoky Bay and Coffin Bay. During the current quarter, Angle Seafood plans to invest $1.41 million of capital expenditure. This will be used for the settlement of Coffin Bay water lease, settlement of Port Lincoln packing facility, and the beginning of the Coffin Bay processing expansion and collection equipment.
Interesting Facts about Oysters
1. Oysters change their gender
Oysters usually start their lives as male and end up as females. Their shape varies on the size of the crowd they are bred on.
2. Oyster can filter 1.3 gallons of water
Oyster filters water through their gills when they consume food in the water. They have the capacity to filter near about 1.3 gallons of water per hour.
3. Oysters are shaped by their bed –
Oyster grows and forms its shape once it attaches to the water bed.
4. Oysters are a good source of Vitamins and nutrients
Oysters are rich in vitamins and nutrients like zinc, magnesium, calcium, protein and vitamin A. They are also a rich source of vitamin B12 and iron.
Angles Seafood’s Oysters are of premium quality and great longevity – perfect for people who love eating oysters. You can visit the company’s official website to get an insight of their procedure. Oysters are famous all around the world, and people love them for their great taste and vitamin content.
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