QHL 5.00% 19.0¢ quickstep holdings limited

Ann: Quickstep and Futuris Automotive seat back development-QHL.AX, page-11

  1. 749 Posts.
    lightbulb Created with Sketch. 462
    I hear you mate but the money is (albeit very gradually) starting to roll in.

    Have a look at the annual report:

    - Revenue growth to 50 mill from 35 last year
    - Solid, positive cash flows (the reason for the negative in the last 2 quarters has a logical explanation)
    - Self funded development
    - Gross profit margin improved 49%

    I can go on but wont - all in their annual report.

    The money is coming in and its coming in with some momentum now. I don't think the question for management is how to "show us the money".

    I think your question is really why is the share price lagging. i.e. where are your returns for the last eight years.

    Hand on heart, I have no idea why the SP is down here near record lows. Dont expect a divvy for awhile though. I'd expect this business to have a market cap in the XXX,XXX's before that.

    All being said, I'm quietly accumulating a decent chunk - I think its a hidden opportunity.
 
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