fundamentals month of july, page-8

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    A bit of background on some very small companies

    AAP is an agricultural company involved in the olive oil industry.It grows and harvests olives for olive oil.Around 6 months ago it owned the Redisland brand that sold into supermarkets etc.It sold this business to Boundary bend.It now has an agreement with Boundary Bend to sell olive oil.Recently the company had the 2013 harvest which was a significant increase over the previous year.A positive is the last reported NTA of 3.66c.

    QTG is involved in the alarm product security market.Recently it sold the API locksmith business to GWA and reduced debt significantly.Revenues going forward are roughly $24 million.The company stated recently it was producing positive cashflow and was trading in line with budgets .It has a last reported NTA of 2.8c.I hold this company.
    DYOR
 
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