Pulled these statements from QIN's own MIS accounts
Data collected during the 2016 inventory count indicated that, during FY16, the TFS 2003 plantation had not grown in line with the assigned yield curve by an amount that is outside the statistical margin of error. T.F.S. has determined that the assigned yield curve still most accurately predicts the expected future heartwood yield at harvest because intervention in host management and irrigation will cause the trees to re-join the assigned yield curve in the future.
Data collected during the 2016 inventory count indicated that, during FY16, the T.F.S. 2006 plantation had not grown in line with the assigned yield curve by an amount that is outside the statistical margin of error. T.F.S. has determined that the assigned yield curve still most accurately predicts the expected future heartwood yield at harvest because intervention in host management and irrigation will cause the trees to re-join the assigned yield curve in the future.
Data collected during the 2016 inventory count indicated that, during FY16, the T.F.S. 2009 plantation had not grown in line with the assigned yield curve by an amount that is outside the statistical margin of error. T.F.S. has determined that the assigned yield curve still most accurately predicts the expected future heartwood yield at harvest because intervention in host management and irrigation will cause the trees to re-join the assigned yield curve in the future.
Unless 2016 was a particularly bad growing year, how confident are you of the 15% IRR ?
QIN Price at posting:
29.5¢ Sentiment: None Disclosure: Not Held
