Net-Man.....agreed. We have discussed this before. QL certainly has new biomass plans in place, given their recent hiring spree in that market. We don't yet know the specifics of their biomass plans, but Boilermech certainly appears to be in the forefront. We also know that there is a huge palm plantation in Indonesia.....many times larger than the Malaysian plant that houses at least 3 KDS for EFB processing. It appears to be a logical next step for QL to expand out the Indonesian plant using the same technology. That would require many more KDS......probably something in the neighborhood of 6-10 times the number that are in Malaysia.
QL also has stated intentions of being a KDS reseller in that region.
So now they are faced with a business decision. Do they pay FASC-Malaysia multi-millions for KDS in Indonesia, and continue to pay for KDS as a reseller....and perhaps for some of their other biomass plans? It would make sense that they may also be eyeing what the KDS is now doing in the chicken manure markets in North America......QL being a prominent chicken egg producer in its region.
Or do they make the calculations and choose another path.....as they did with Boilermech....which is the buyout that you allude to.
QL has some sharp business people in the fold.....a number of them schooled in some of the top universities in the west.
This is all why watching what continues to unfold at QL....starting with their annual report....is becoming increasingly intriguing to me as a FASC shareholder.
Decision-time is arriving,,,,or may have already arrived....for QL. Let's see what the results will be for FASC.
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