QIN - Quintis Limited

[So_Cynical]

What are TFS debt levels like? Where did their revenue come from last year? MIS sales are dead so they must have other sources of revenue.

Ok from memory (looked at them about 4 months...again) There debt is insignificant and there funding is totally non MIS sales based instead they have a handful of large private funders, supposedly including a sovereign wealth fund.

Now don't get me wrong here...i like Sandalwood, i like the "story" and the business makes sense to me...in general im a supporter but cant see myself as an investor..i don't mind a punt but everyone has to draw the line somewhere.

 

[oldblue]

Ok from memory (looked at them about 4 months...again) There debt is insignificant and there funding is totally non MIS sales based instead they have a handful of large private funders, supposedly including a sovereign wealth fund.

Now don't get me wrong here...i like Sandalwood, i like the "story" and the business makes sense to me...in general im a supporter but cant see myself as an investor..i don't mind a punt but everyone has to draw the line somewhere.

And that's a bit different to "waiting for this mob to fall over"!

 

[So_Cynical]

And that's a bit different to "waiting for this mob to fall over"!

Sure ok, it was a bit of a throw away line, still the glass half empty side of me is waiting for TFC to fall over like all the others did, and the glass half full side really wants to buy in at around this price level (40c) but hasn't got the guts.

 

[RBgO]

Numbers are out.

On the surface not too bad, but the dividend is scrapped and they plan to "explore all strategic options".

Usually that ends with the shareholders screwed and management and outside parties richer...

We'll see.

 

[piggybank]

 

[So_Cynical]

(9th-August-2012) the glass half full side really wants to buy in at around this price level (40c) but hasn't got the guts.

View attachment 55520

And there you go again, i should pay more attention to my "Glass half full" side.

 

[piggybank]

 

[piggybank]

 

[Woodduck5]

View attachment 56107

....got to ask the question....What market sentiment is behind this going up (by so much). It doesn't appear to be on any market announcements, or 'hard data'. It just seems to be hopeful sentiment from a fickle market.
And the real question - Do we (I) take the profit and run or hold out and ride the wave to when the really big dollars should flow in 2016? I understand risk remains (staying in).

Completely undecided....

 

[piggybank]

....got to ask the question....What market sentiment is behind this going up (by so much). It doesn't appear to be on any market announcements, or 'hard data'. It just seems to be hopeful sentiment from a fickle market. And the real question - Do we (I) take the profit and run or hold out and ride the wave to when the really big dollars should flow in 2016? I understand risk remains (staying in).

Completely undecided....

If only it was that easy to know when to pull the trigger. If it was the case then why are so many traders trying to find the "Holy Grail"? Most traders and investors have their own criteria - decided by many years of experimenting/perfecting a system that works for them. Every experienced investor/trader has made losses (and still do) but ensuring you keep the losses to a minimum (capital) then you are half way there.

 

[pavilion103]

Got in at 99c a couple of days ago.
Stop to break-even now.
Will ride the momentum until the market tells me it's time to get out.

 

[pavilion103]

Another good day so far up 5% again.

 

[Woodduck5]

Another good day so far up 5% again.

..and all this activity, based on the only announcement made in the last month (the purchase in NT for near on $8m). And a lot of activity it has been. Wow - who would have thought......

 

[Value Collector]

Sure ok, it was a bit of a throw away line, still the glass half empty side of me is waiting for TFC to fall over like all the others did, and the glass half full side really wants to buy in at around this price level (40c) but hasn't got the guts.

Would have been a decent gain for you, they have been around $1.20 lately.

I bought in at 93cents, Based I my valuation the company owned 2400 hectares of trees is worth more than 93cents per share. So I basically bought the trees at full price and got the marketing company, the land, the seedling nursery, and the mt romance refinery for free.

 

[pavilion103]

This one has recently consolidated a little bit over the last week it so. Up to $1.24 this morning. Will see if it breaks higher again from here or not. It's been a good one.

 

[piggybank]

You may find that it could pull back from here $1.25 (but unlikely), as this was a strong resistance level in 2008.

 

[Valued]

2008 is a bit too far for a resistance level to have any significance. The only reason there is resistance is because people want to sell at that level for a number of reasons, none of which would ordinarily survive five years. These points are based on supply and demand and psychology which all change in such a large space of time.

 

[Value Collector]

Yeah, a lot has changed with this company since 2008. This year the harvest program starts, they will be harvesting the trees planted in 1999, so from now on each year will have a harvest that gets increasingly bigger each year inline with the planting size increases since 1999.

 

[Woodduck5]

....., as this was a strong resistance level in 2008.

I agree with the others - the circumstances at the moment, are totally different to that of 5 years ago. While I have an appreciation for charting, its philosophies and cycles - I am not sure the (those) rules apply to this type of company and what it has been through and what it is facing ahead.

Just gotta love the way is is currently trending and (in some cases) against the ASX200 trend. How long can it last? Too good to be true? Time will tell. I certainly don't have the answer....

 

[piggybank]

Hi Woodduck5, Value Collector & Valued.

So how far back in time do you class a chart as being revelent? So am I right in saying that when the likes of Colin Nicholson, Daryl Guppy etc do charts over a 5-10 year range (usually a monthly one) then they don't know what they are talking about?