Hey Sahanxxx, You might well be right, but it won't happen until...

Hey Sahanxxx,
You might well be right, but it won't happen until the company starts delivering a profit. That will attract the investment QHL needs to drive the SP higher. That profit will come from a combination of new contracts that have that margin and production fit Mr Burgess is looking for, lowering costs which they are continuing to work on, filling our excess capacity to lower the cost per part etc etc. Unfortunately the JSF is on skinny margins, so to improve those QHL should be able to fill the capacity gap the next few years with the ramp up in production, utilise the new drilling rig they picked up, and improve their overall production process generally. They appear now to have all these things ready and in place so hopefully we'll see some commensurate change to profit in line with revenue growth.

It's unfortunate that QHL were not able to introduce the Qure/RST technology for the Tail Spars as that would have significantly lowered the production cost on it's own for a significant project, in comparison to autoclave, for that contract. It was tested for sometime with Marand and was successful, however due to the nature of these aerospace contracts, the way risk is avoided at all cost and the fact the production had already started, then they were not able to get the sign off they needed. Was never going to happen at such a late stage of production with a new technology. So their point of difference in comparison to autoclave, proven now in a variety of applications at a lower cost to the client, is what ultimately will send this company into the stratosphere IMHO. We just need some major corporations to start adopting it.

Anyway I'm perhaps getting ahead of myself, lets just see some improvement in cost and profit across the business firstly, that will be a start and will start to attract the interest the company deserves.
Cheers and GLTAH.....