RGI 0.00% 4.8¢ roto-gro international limited

E. coli in Canada, again, page-10

  1. 1,540 Posts.
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    Johnp12 I enjoy contrarian views - you certainly provide those and you seem to have a knowledge of agriculture, something I've had to self educate on. We all have to look at the negatives of any stock we invest in. I'll answer my risk/reward evaluation of what you say below.

    Having said that, don't know how well accepted I'd be if I went back to the FDM threads & posted the reasons I sold out. It's dropped from 30c to 15c I'm looking to re enter at 10c depending on the nervous market which would wipe out a loss making company like FDM considering it's debt & income. I know off subject however to give background Johnp12 is positive FDM & negative RGI - fair enough, his choice. I was also very positive FDM 2 years ago & probably posted more on that stock than I have on RGI. Like all investors should do, I constantly reevaluate stocks I hold which is why I sold FDM. I'd do the same with RGI if I didn't like the way it was travelling, however its not even close to that, if I wasn't so so overweight I'd be buying more.

    re yr point 1.
    In Freshero's case, Freshero & the supermarket chain is the grower, rotogro just sell the machines & get a percentage of gross sales. So not RGI's problem. For Gibio it would depend on how much equity they take in the partnership. Personally I hope they stick to a Freshero type arrangement.
    Also we all have to eat, we just buy the safest choice.

    re yr pt 2
    As I posted previously, crops are grown in small grow rooms, the drums are computer coded, so in the event of an unlikely problem, the problem is confined to a small portion of the total

    re pt 3
    That is the reason Freshero's supermarket customer wanted exclusivity & why RGI are buying rotogro IP + tech. Also supermarkets will sell this as a premium line, by no means will it replace all their other products. Remember food is something every one needs, even a small percentage is massive.

    re pt 4
    Don't think it deserves a reply
 
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