QHL 13.3% 19.5¢ quickstep holdings limited

I'm more in line with your thinking - was pretty disappointed...

  1. 1,453 Posts.
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    I'm more in line with your thinking - was pretty disappointed (maybe more deflated) on receiving this report. Largely, some of the negative news is out of its hands, but it's amazing how often it seems to impact companies who just can't get good momentum.
    They have been selling a good story for years now, it's time to deliver.

    They have been on track for the revenue and profitability growth for years given the long term contracts locked away, so those giving management the kudos for that are being kind, IMO. They have done well to improve margins (as they should when scaling and revenue increasing).

    Can we get to over $5m EBIT in a couple of years? Will this thing ever pay a dividend? Where are the LT contracts that will be material.

    I understand things take time in the industries QHL works in, and there are many positive developments, and i'm still a big believer in the business, just need to see a bit more.


 
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