ROO: Interview with CEO and Director on TCI, page-4

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stayer

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28/02/18

22:37

Post #: 31432657
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Originally posted by team12 ↑

Alan Kohler has interviewed CEO Sharon Devir and Boaz Wachtel, who’s a non-executive director. ($1/paywall)

https://theconstantinvestor.com/roots-sustainable-agricultural-technology/

Sample:

Sharon, perhaps you can explain to us the business model? What exactly is the company selling?
SD: The company actually sells – we call it a kit which comprises of our proprietary pipes. Part of them are embedded in the ground, as you said before, in the hose, a 7 metre hose. Part of the upper, what becomes then the root zone temperature area where there are several types of pipes to be embedded in the roots, some of them segmented, insulated, which is proprietary, produced by our partners, Weisman Friedman. On top of it we have a console system which you can monitor online what’s going on and you can control the activation of the system. The system should not be performed throughout the day, 24 hours. Sometimes 10 hours is enough or 12 hours is enough. It’s varies between winter and summer, it varies between different types of crops.

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Look, I have done no research on this except read an article in the qld country life and looked at these threads....but something about this sends out certain alarm bells....anyone involved in agriculture buying these shares?....just sounds a bit too good and also trendy concept wise...but also the units perhaps a bit unwieldy....just some initial thoughts

ROO Price at posting: 44.0¢ Sentiment: None Disclosure: Not Held
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ROO: Interview with CEO and Director on TCI, page-4

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