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When to sell?, page-59

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makattack

31,884 Posts.

210

27/04/15

09:05

Post #: 15159715
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Originally posted by 71c4 ↑

Hi Jake,

I think a company that is in the same space as QFX, with 200,000 streaming subs, making a profit, turning over 20 to 25 million per year could have a market cap of 100 to 200 million.

If QFX can do it is another matter. They have completely disregarded shareholders by mismanaging the accounts which is pure stupidity. You can only burn so many investors. I wouldn't be surprised if all was forgiven by the market if they trimmed 1 million per quarter out of costs.

Putting a cap on likely future share price either way on a spec in a new you beauty market is dumb. QFX are a disaster but have the potential for something to go their way and its a different scenario completely.

I wouldn't have guessed they would head to .001 after the 20,000 sub growth quarter and stan taking a position but I wouldn't discount them going broke or getting the right combination possibly through a new director and direction and going past 100 million market cap either.

71

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If QFX can do it is another matter.

There's no if about it. QFX had their chance when the competition wasn't hot. They blew it. May as well re-capitalise and backdoor a prospective tech into it because they're current operation will go nowhere from here.

QFX Price at posting: 0.2¢ Sentiment: None Disclosure: Not Held
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