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[Biscuit]

Looks like market doesn't appreciate the news today. Down 5% so far. I think its more the packaging than the message.

The message is a bit confused, not helped by the different accounting systems and changing reporting dates. On the plus side the strategy of increasing the proportion of higher value seedlings is still in tact with more growth to come; on the negative side it is still not exactly generating cash.

[sb9]

Very wordy and complicated. Granted not helped by intermingling of business and change in reporting periods. But I think for a start they need to try harder in simplifying shareholder communication.

They seem to think co still undervalued by 35%- but a bit of a positive with ACC taking a stake. (But then they take a stake in anything). Good to see sales up - but a risk with MCP bagging problems resulting in lower inventory.

While US tax position may add abit of value I wouldn't put any on NZ's forest planting objectives.

I'm still OK holding - but looking for a clearer picture in 12 months

Yes, need to spend sometime to digest all the vocabulary and numbers from today's announcement.

[percy]

I gave the result the big tick.
Business model is now working,and gaining traction..
Plenty of growth in this sector.
Low debt.
Pleasing to see directors' remuneration reduced.
The Chairman's outlook for the future was extremely positive.

[winner69]

They point to Note 15 in Accounts to see the real value in Arborgen

Your homework tonight is to digest that note and report back what they want you to understand

[minimoke]

They point to Note 15 to see the real value in Arborgen

Your homework tonight is to digest that note and report back what they want you to understand

I always fall back on the standard answer when there is a lack of clarity.

The answer to Aborogens (oops I mean Rubicons) future is 42.

[t.rexjr]

Note 15 / 487,908,343 shares

Nothing to see here...

[winner69]

Note 15 / 487,908,343 shares

Nothing to see here...

The Note 15 in the Accounts I see is a discussion on the value of Arborgen

[Hectorplains]

The Note 15 in the Accounts I see is a discussion on the value of Arborgen

Absolutely it is. Worded like pea soup it be though, meaning hard to be found. Much reading, yes.

[Leftfield]

I'm not too fussed on Note 15, but rather like Note 25.

Operating Revenue of $6 mill for 15 months ended Sep 17, grew to $35 Mill for 6 months to Mar 18.

So we can expect revenue of around $70 Mill in FY 19?

Looks like patience needed but still a HOLD to me.

[blackcap]

I'm not too fussed on Note 15, but rather like Note 25.

Operating Revenue of $6 mill for 15 months ended Sep 17, grew to $35 Mill for 6 months to Mar 18.

So we can expect revenue of around $70 Mill in FY 19?

Looks like patience needed but still a HOLD to me.

I'm not sure they were talking about doubling revenue, rather EBITDA wasn't it? All this prose is getting me a bit confused.
Will be holding for the next half yearly update at this stage.