Article in today's 'Australian'. Interview with high profile stockbroker Angus Aitken saying KIL's switch to high quality agriculture makes it a stand out buy, with potential to multi-bag over the next decade, due to looming global food security issues.
I'm not entirely convinced. While the thesis of food security is sound, there's a lot that has to happen before KIL can demonstrate success with its change in direction, let alone being able to do so in a way that enhances shareholders' earnings per share from non - dilutionary capital raisings, and solid operational management.
Stock is still speculative, but still cheapish based on existing assets rather than cheapish based on any future guarantees of success.
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