Australia's largest stock trading and investment forum Australia's #1 stock forum

QIN

Click for more information

0.00%

29.5¢ quintis ltd

KKR PREPARES BID, page-11

First 11 Last

Share
Profile

Follow
jojo72

127 Posts.

6

30/03/17

09:36

Post #: 23728500
Share

Originally posted by Roy2U ↑

One thing is for sure, if KKR are seriously planning a takeover offer, they will be very thankful that Glaucus has targeted QIN.

Valuebuddy 89 is spot on with his valuation, in my opinion. I would even add additional value for the business of managing the forests for the other owners of the plantations, which KKR would continue managing. This aspect of QIN's business is a cracker: no possible competitors, locked in customers, growing forests etc. Management fees have increased by 60% in 2 years to June 2016 and continue to grow rapidly as forests expand and fee rises are implemented. What value would one put on such a business, which is already earning $28.8M revenue in FY16, and predicted $35M in FY17?

I am with JID here, and would be very disappointed with $1.70 in any takeover. All of those who contributed equity to develop this business are being short changed now that the business is within five years of maturity.

Expand

Someone's just crossed 1,[email protected]: short selling ammunition:Tuesday after the close someone crossed 2,[email protected] and used that to destroy the market yesterday. Pretty obvious what's going to happen today. Should be illegal!

QIN Price at posting: $1.13 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

There are more pages in this discussion • 124 more messages in this thread...

First 11 Last

Add QIN (ASX) to my watchlist