"Was thinking JB Hifi would be a fantastic new owner for QFX."
Please no. I'm getting decent dividends out of JBH and I'd like that to continue. With the amount of SVOD competition here or about to be here, I don't think any of the players are going to see a profit for a few years. I'm happy for JBH to just sell the gadgets that people will use to access the services.
On the DVD side, JBH could have a decentralised DVD post business where people return the DVDs to their nearest JBH stores if they prefer to, and JBH's in house IT systems could tell each store where to send the DVDs to next. However, I think losses in the SVOD area are going to be much greater than any income from DVD rentals and by the time SVOD is profitable hardly anyone will be renting DVDs.
QFX Price at posting:
0.2¢ Sentiment: Sell Disclosure: Not Held
