what about the increase in costs... mr market does not like the...

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24/02/22

17:26

Post #: 59800049
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Originally posted by Hopeful9 ↑

It's unfortunate that this clashed with so many other briefings today.

Maybe smaller companies such as QIP ought deliver these super early in the morning at say 0830 AEDT to minimise clashes?

The 16 per cent decline in legal/litigation services is not good, but page 7 briefly comments that 'DCC continues with a substantial case load'. The courts in Australia have been falling behind with case loads due supposedly to COVID-19, so perhaps the revenue from this source (and any consequent NPAT) may improve during calendar 2022.

Recent acquisition Sortify (trade marks) seems to be doing well while the trend in patent applications and trade marks is good.

The increase in revenue from nations such as Philippines/Vietnam is pleasing as is the share from Asia generally. As these economies gradually recover - traffic I know in Metro Manila is back to 'normal' i.e. congested, so economic activity must be starting to rise form temporarily depressed levels - these nations and others away from Malaysia and Singapore may continue on an upwards trend re QIP revenue and profit.

Unlike some far better known tech companies like ZIP, QIP remains profitable so if 'Mr Market' is annoyed at the result, and furious at the Ukraine situation, I'll just ignore and keep a small holding for a while. QIP has some potential, and may well eventually be a takeover target.

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what about the increase in costs... mr market does not like the line we invested for growth (additional staff or increased wages)

QIP Price at posting: $1.20 Sentiment: Hold Disclosure: Held
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