Taking a sip at Keytone Dairy, page-55

First 55 Last

Share
Profile

Follow
madamswer

16,888 Posts.

8359

15/02/21

18:23

Post #: 51007159
Share

Originally posted by Transversal ↑

And, as far-fetched as it might sound I do think that the company name is, for the lazy investor (which is most of us), a deterrent to committing time to researching the business.
(Keytone Dairy... nothing whatsoever to do with owning or operating a dairy, and I'm not sure what Keytone references)

@madamswer

You’re right: I wouldn’t have dreamt of spending time researching this Company, just based on its name and sector, had it not popped up on one of my market scanners (the most rudimentary one, in fact, simply filtering the ASX by high Revenue Growth and low Price/Sales ratio).

And I, too, had a gasp of horror when I first spotted the number of performance shares on issue, only to find out shortly thereafter that, given how far high most of the hurdles were, one would actually hope for the full conversion to occur.

Then, with my initial reluctance fully out of the way, I started crunching the numbers and realised that this was indeed an intriguing corporate situation: as you have aptly summarised (and assuming this Management team keeps delivering as they have so far), this looks like a business with every chance to be valued in time at multiples of where it currently is.

I also had the good fortune of doing my due diligence on KTD in collaboration with another investor I think highly of, who arrived independently at similar conclusions.

And so, here we all are, then. It will be interesting, and hopefully rewarding, to see this plot unfold.

Expand

"And so, here we all are, then. It will be interesting, and hopefully rewarding, to see this plot unfold."

Yes, here we all are indeed.
With the attendant risk of mutual cheer-leading in the echo-chamber.

Who is going to point out the potential flaws in our collective investment thesis?

.

KTD Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

CBA breaks trading record on strong day for Aussie financials

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

As Nvidia cools, we're looking to Aussie AI

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

There are more pages in this discussion • 245 more messages in this thread...

First 55 Last

Add HLF (ASX) to my watchlist

Taking a sip at Keytone Dairy, page-55

Top Stories

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Red Mountain Mining: record gold prices, two projects, two greenstone belts

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

CBA breaks trading record on strong day for Aussie financials

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

As Nvidia cools, we're looking to Aussie AI

Shekel Brainweigh investor presentation webinar – the future of retail automation

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Featured News