I can only add the following at this point in time.
- Investor Strategy announced 2nd June 2015. Now three months ago.
- Award of Automotive contract announced 9th July 2015. Now two months ago.
- Preliminary Final Report announced 27th August 2015.
The automotive contract has not been made official yet. After the initial announcement, we were told that it would be a few weeks away before we will be told of any further details.
Cannot help but think the Investor Strategy provided by QHL was to prepare the market for impending small announcements that it knew it can only provide. This paints a rosy picture of a company on the growth path. But it would seem that the market does not accept this - only have to look at the share price.
Still of the view as I have always been, that the future for QHL lies with the aeronautical sector and not automotive. The JSF program is the core of QHL and this has been admitted by the company itself.
I would guess that QHL is feeling the pressure now to secure NEW CONTRACTS.
It has been nine months since the C-130J purchase order was awarded.
Long time between drinks.
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