I am not a holder and it seems to me that all the advice here is that Mr Genner won't speak to me unless I am. I don't operate that way - I have met with the CEO of another company 2 weeks ago and now I am sinking a large amount of capital into that company. I can read financials and I prefer them to forcasts. $20-50k per room does not translate to profit - yet. I have good contacts in the security and access systems industry and in the biometric reader industry and neither spoke well of BQT (1 was at least balanced - the other pretty negative and just badged them a reseller outfit).
I really hope the contracts make enought $$ - I appreciate that there is a lag in cashflow so many of the contracts that have been signed in the last 6 months will only be paying in the next 6 months but don't get to carried away by Mr Genners forcasts - his directors said on page 11 in the 4E -
"The consolidated entity’s ability to generate positive net cash flow in the 12 months from the date of this report, as contemplated in the business plan, is dendent on a number of factors but primarily on
its ability to successfully develop both the US and UK / European markets."
and that forcast would include all the contracts they had signed up to 30/6/05 and they have a legal liability to you.
- Forums
- ASX - By Stock
- BQT
- thoughts
BQT
bqt solutions limited
thoughts, page-3
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Currently unlisted public company.
The Watchlist
P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
SPONSORED BY The Market Online