QHL 0.00% 33.0¢ quickstep holdings limited

WilsonYour company description might well apply to RIO and BHP,...

  1. 824 Posts.
    Wilson

    Your company description might well apply to RIO and BHP, but you are sadly mistaken if you think it applies to QHL at the moment.

    QHL is a company with: novel and promising technology; a single contract for the supply of certain parts into the JSF worth an unspecified amount; good prospects of signing further JSF contracts that are expected (with the one already signed) to deliver 700 mill in sales over 22 years; hopes of winning major contracts with EADS, Boeing and automotive companies; and considerable expenses ahead of it as it moves from Perth to Sydney.

    Cashflows from part sales are still some time off and cash will be needed to fund raw materials etc. Your description is probably 12 months ahead of where it is at the moment.

 
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33.0¢ 33.0¢ 33.0¢ $14.67K 44.46K

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