Rubicon

[minimoke]

So did we defeat the snouts in the trough motion ?

I bet we didnt - (havent heard yet)

[sb9]

And another bit
Current year performance targets set –
 EBITDA US$71 million
 Seedling units sales > 10%1 higher y-o-y
 Progress to date – in largest (US market) already ~ 85% sold-out


And looking ahead
The ‘tree machine’ platform has been built
 Advanced genetics product portfolio is in place
 Regulatory approval is not required
 Pipeline of new products continued to be built ex annual R&D spend
 Conversion to higher-value genetics in the US is now taking hold
 US macro conditions are favourable
 NZ government approach to planting is bearing fruit
 ArborGen NZ has signed a 12 million seedling contract with Crown forestry
 Established a foothold in Brazil – future growth engine

 The hard work has been done

 Now entering the ‘harvest phase’

And the following bit from CEO's sppech...

"So, for example, in February we announced ArborGen was the successful candidate in a proposal with the South Carolina Forestry Commission to exclusively lease, modernise, and operate the Taylor nursery. This represents a strong 10-year partnership, in relation to a 30 million per annum seedling nursery, located in a high-demand geography.

And we are currently also well-advanced with another opportunity, which if all goes well, we hope to announce to the market in the next quarter. "

[Well Endowed]

never stood a chance of defeating it, some interesting points in the NBR article from friday

https://www.nbr.co.nz/analysis/rubicon-and-gift-takes

whilst I don't agree with the director shares, the point about it being common place for attracting US board members/talent does make sense. However the 3 year escrow terms and likely aligned voting does raise some eyebrows.


Thanks Minimoke for the summary, much appreciated!

[whatsup]

And the following bit from CEO's sppech...

"So, for example, in February we announced ArborGen was the successful candidate in a proposal with the South Carolina Forestry Commission to exclusively lease, modernise, and operate the Taylor nursery. This represents a strong 10-year partnership, in relation to a 30 million per annum seedling nursery, located in a high-demand geography.

And we are currently also well-advanced with another opportunity, which if all goes well, we hope to announce to the market in the next quarter. "

So if this " deal " was/is so good , why wasn't there movement at the station ?

[sb9]

So if this " deal " was/is so good , why wasn't there movement at the station ?

Its not what you, me or company thinks about its value, Mr Market determines its price in the end.

[minimoke]

Nothing like ending the day with the market up 1.5 cents or 5.8%

[winner69]

Its not what you, me or company thinks about its value, Mr Market determines its price in the end.

Maybe 12 million seedlings relative to 350/400 million total sales non event

[whatsup]

Nothing like ending the day with the market up 1.5 cents or 5.8%

Still 9% off its 12 months high, I know we are a rebirth company and this deal was always going to go through but I would have thought that there would have been more interest/action today, tomorrow well that is another story.....

[sb9]

Maybe 12 million seedlings relative to 350/400 million total sales non event

Probably is...but you need to look at bigger picture and ensuing opportunities thereafter.

[minimoke]

97% of votes favored the trough