QIN 0.00% 29.5¢ quintis ltd

Ann: Quintis successful in grower sandalwood tender, page-33

  1. 73 Posts.
    The company sprouted they had the world's leading people looking after the growing of the trees! All along they were stating in every annual report how great the trees were growing, and prices were just going up and up! The latest annual report in 2016, they re-asserted their would be 10.5 kg heartwood per tree for TFS 2002 in the upcoming harvest! The result was 6.88 kg, a 1/3 less result. They need to start telling the truth, and provide better and more detailed information on performance. How can they say one thing with authority, and you find out it is complete lie! People need to be sacked, it is not guesswork, they have the 14 year old tree standing in front of them!
    The ramification of all these negative performance and results is that I don't believe one word they are saying about future tree growth rates, expected oil prices etc,
    Independent experts need to be contracted asap, to give a true indication of what is actually happening with each and every plantation, because they have lied about the results all the way along!
    Last edited by Kevvy123: 15/01/18
 
watchlist Created with Sketch. Add QIN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.