QHL 1.92% 25.5¢ quickstep holdings limited

somehting not right here, page-92

  1. 824 Posts.
    The rush to exit seems to have ended at the moment. The sell side is much thinner and the buy side, albeit at slightly lower prices, is healthier. There was a time that a sale of less than 100,000 share would have crashed the price by about 10 cents. With a bit of luck, those days are gone.

    Let's hope it has stabilized. I know 39 cents is not where we thought it would be after the contract, but its a darn sight better than 11 cents. And if you think about it rationally management always said the LTA was merely a formality. Given the price movement, in can only be assumed that the market believed them.

    I suspect that any additional news of progress will be treated very differently. A successful conclusion of the Vector project will be the real game changer. While its still a while off, success with that project will see QHL earning improved profits from the parts it is making for the JSF plus a share of the revenue on many more parts that might be made with the QHL process.
 
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