ECS 5.56% 1.7¢ ecs botanics holdings ltd

Ann: Trading Halt, page-85

  1. 1,093 Posts.
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    Hotcongo,
    This is a good question however the company does not appear to have disclosed the results between outdoors vs indoors.
    The problem with ECS is they have a very basic production method vs their peers in this field. Record production from outside growing, just like farming will have its good years and other years expect zero crop, that's the risk these guys are taking. It would be nice if they stripped out the outdoor production to get a clear yield benefit from using a PCE. Growers can get a little cagey on production vs sqm so dont expect this anytime soon

    I can tell you each structure they are using is roughly 400sqm and been very basic you are looking at roughly anyway between $100-$150sqm. If they are including the lightening and heating i would envisage, they are looking at roughly $200-$250sqm. If as you say they are building an additional 9 PCE = 3600sqm, they are looking at 600k-900k for this expansion.

    I am relativity new share holder and currently adding when value presents. IMO i would like to see half this farm under outdoor production and the other half under PCE to hedge the risk. However, doing this will result in variable years in productions imo

    https://hotcopper.com.au/data/attachments/5974/5974996-be719c9ef3d9053abcaf006522b4a826.jpg

 
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