QIP qantm intellectual property limited

No wonder SP is tracking down.Sales/Revenue is growing (very low...

  1. 456 Posts.
    lightbulb Created with Sketch. 469

    No wonder SP is tracking down.

    Sales/Revenue is growing (very low growth) 4-5% while their Operating Expenses are growing rapidly at 6-9% rate. The net earning has declined and is projected to decline for next two years.

    MACD is charting in negative territory, trending below 200 day moving average, the SP looks primed to break below lower channel and may break bellow 97c. IMHO this may hit 90c given plenty other good opportunities in market

    https://hotcopper.com.au/data/attachments/2632/2632571-e21a3d415ec0308e3b8485e24f0c023b.jpg

 
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.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.