QIN 0.00% 29.5¢ quintis ltd

TFC and then QIN was my biggest shareholding, and I kept going...

  1. 383 Posts.
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    TFC and then QIN was my biggest shareholding, and I kept going back to the market for more and more.
    QIN assets are very difficult to value properly. There has never been so much Indian Sandalwood for sale, and what little volume they produce, they have failed to sell- both in China and to Galderma. Much, much worse is that they extremely dishonestly neglected to mention this to the shareholders for years.
    They have not negotiated more perilous circumstances than these- the Emperor has been revealed wearing no clothes.
    Even if the sandalwood trees end up being sold for a lot of money, not one cent is going to the current shareholders of the current company.
    This company has short term liabilities that must be paid in cash, not in trees that will be ready in five years. No reasonable investment advisor could suggest to a client that they should put money in a QIN scheme at this point in time. It would be negligent. There's no cash.
    You are living in denial. We have all been defrauded.
 
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Currently unlisted public company.

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