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DOMINION CITRUS INCOME FUND T.DOM.UN

"Dominion Citrus Income Fund provides an integrated suite of services for fresh produce. It offers finance, reporting and insurance, procurement, international logistics, ripening, sorting and grading, packaging and re-packing services."


TSX:DOM.UN - Post by User

Bullboard Posts
Comment by birchjunkon Dec 01, 2011 10:25am
120 Views
Post# 19282740

RE: RE: Back in the earnings groove

RE: RE: Back in the earnings groove

Very good summary of how far DCL have come along this year.

What is really significant is that the business added about $500,000 to the cash position in each of Q2 and Q3.

If they can maintain this rate of cash build-up, there should be about $3 million in the cash position by this time next year.

Its an attractive business right now and perhaps they will sell it to one of the larger wholesalers.

Bullboard Posts