I cannot see how the figures can be accurate. The points of concern for me is;
the rebuttal of any Ponzi type attributes to sales of plantations . Survive that and provided list of suppliers is good means and all is great. The prices show a lack of understanding of the gradings and prices as well as barriers to competition. Pricing of the trees has been low for insurance a few valuation and harvests have been in excess of these . The company like any commodity supplier is laying down it's infrastructure and capital. I am hopeful about the response. Have a lot of money in this stock because I believe in its fundamentals. My understanding is that it offers lots on promise of a harvest in fifteen years with options . Costs for maintenance is referred of paid upfront. I believe after deductions growers got rewards of almost five times their investment this year . No need for Ponzi type extra benefits when you are selling liquid gold.
QIN Price at posting:
$1.10 Sentiment: Buy Disclosure: Held
