QFX 0.00% 0.1¢ quickflix limited

online dvd shop, page-3

  1. 13,583 Posts.
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    Hi White raven,

    QFX started out as a DVD postal service.

    40% of their customers are still only DVD rental customers.
    They have invested a lot of money in thier streaming platform - particularly in the last few years.
    They have had a couple of difficult years financially, and at one stage looked like they may go under altogether.
    They appear to have turned the corner, with revenue and customers starting to grow again.
    This will break out when the financial reports confirm that they will sucessfully transition to profitability, and that they will not need to raise any more cash before they get there.
    The jury is still out on that one, but with the SP at rock bottom prices if you don't mind taking a significant risk the return could be very significant!
    Good Luck

 
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Currently unlisted public company.

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