QIN 0.00% 29.5¢ quintis ltd

Lets wait for the report due 10 Nov 2017, page-3

  1. 1,460 Posts.
    Might look like that if you are dealing with manufactured goods but here you are dealing with Ag assets - i.e. the trees and how their produce can be used so time is your friend not your enemy i.e. the trees keep growing and the FDA process trundles on so the value rises.

    So the key factors IMO with Ag based businesses is access to land and access to water in the right geographical location combined with an established market for the produce and a means to distribute the produce to the consumer.

    IMO QIN has these factors and stands at the cusp of a long term profitable business.

    As to the refusal to pay by a grower - the contract rules are clear - pay it or lose it.

    All DYOR and IMO of course.
 
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