QFX (ASX) Streaming Strategy

Originally posted by Katoom ↑

"Kat sees this as a failure..or says he does but I see it as a massive success. QFX have managed to secure a deal with presto one of Australias leading services that isn't restricted by a dire financial situation. White knight anyone?"

Secure a deal with Presto? They have an agreement with and yet to provide details what it really means for QFX revenue wise, hardly a secure deal/contract, plus still subject to DD and Funding.

What Langsford has also said is that they are getting out of the subscriber licence agreement content, so another failure going to lose their own subscription play content for streaming, simply because they can't afford the upkeep or hope to ever make it competitive.

A problem for QFX I've been trying to put across for two years with content analysis in the past, QFX streaming play content just isn't competitive and certainly not even worth $1 a month let alone $10. But of course that was argued against by rampers as not being the case even though it's been clearly obvious for years and now Langsford has finally realised it for himself.

Complaining that I never talk about the positives and only negatives? What positives have there been in the last few years that have actually made a difference to the companies dire financial results over the years. Company has lost 10s of millions over the years for not a single dollar in return.

"Using Netflix is like illegally downloading movies - same deal."

Been discussed many times before, nothing illegal about using a VPN and NFLX isn't doing anything illegal either. Only dubious act is by Australians providing fake address details to NFLX to open account. However thats no longer the case since they can now use their Aus account to access global content via a VPN.

Big win for Aussie/NZ NFLX subscribers don't you think.

"No wrong, not that I'd expect you to know or remember but I have held a considerable parcel last year sold most as it hit my stop loss and went back in large last week. To many presumptions."

What do you mean I'm wrong and too many presumptions? You just admitted yourself that you just bought in last week. Thanks for the confirmation.

I never said you hadn't invested or traded QFX in this in the past.

Though in my opinion once you take a loss on a stock one of the worse things you can do is try trade it again to get back what you might of lost in the past, usually never works out. Best thing you can do is learn what ever lessons you can from the loss, remove it from a watchlist and never trade it again especially on the back of a weak news announcement with no detail.

Kat.

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Hi kat
No disrespect your view but just give qfx a break...i knoe you want other investors to be aware about putting money on it but end of day its people choice..no point to keep negative view whole time

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