I for one am pleased to have hottuna on the board posting his/her negative opinion. I want my investment thesis to be challenged. I want the board to include robust discussion as it will provide me with perspectives that I might not have considered properly.
A lot of questions will be answered in the next few months. I argue that given most of QIN's earnings are from Plantation sales we will not find out if FY17 guidance has been achieved (and thus wood/oil sold) until July mgt will not know until the end of June.
And regards a takeover....current share price action does keep me thinking. We know major shareholder Regal has publicly set a $2 target, why hasn't the share price responded? Any shorter would have long-since reduced their position given the risk of a +70% share price rise if such an offer emerges.
QIN Price at posting:
$1.15 Sentiment: Buy Disclosure: Held