Australia's largest stock trading and investment forum Australia's #1 stock forum

QMS

Click for more information

0.00%

87.0¢ qms media limited

Sorry...about depreciation..looks like 10 and 12 years...so they...

First 10 Last

Share
Profile

Follow
stayer

4,717 Posts.

37

01/03/19

08:25

Post #: 37614227
Share

Originally posted by stayer ↑

Ive had a look at your posting history..seems u knock a lot of stocks..seem to like apt, bkl and vita group. I admire if you are trying to be very targeted in your selections, looking for high return on equity etc. If you've been in bkl and apt a good while u may be well in front..both facing challenges now.

However, it appears the ceo here is quite entrepreneurial, and hence listing may not have been a brilliant idea. But really the guts of it to me is how long are the electronic billboards going to last reliably for. If they last 12years with little maintenance, then we are laughing; as the depreciation rate is much higher.

If they last about 5, then that is more concerning, as that is about the depreciation rate, and capex will be constant . Bit different to an old timber sign that gave 25 yrs service and just needed a paint job or new banner put on every few years or longer!

Expand

Sorry...about depreciation..looks like 10 and 12 years...so they don’t depreciate as much as I thought in terms of tax write off...fair amount of amortisation of goodwill by the look

QMS Price at posting: 73.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CMB

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PCL

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

CAF

IP anomaly thrills Cannidah with project extension hopes in QLD

C1X

iTech inks deal with Chilean lithium giant to progress Reynolds Range

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 2 more messages in this thread...

First 10 Last

Add QMS (ASX) to my watchlist