QHL 1.92% 26.5¢ quickstep holdings limited

David Marino Interview, page-2

  1. 199 Posts.
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    Hey Ash,
    Yeah it would be nice to hear from David (and in fact QHL a little more regularly), I'm sure he's still trying to get his head around the business, strategy etc before taking on interviews.
    In regards to the Kohler interview however, I actually thought it was Alan who came across a lot worse than Tony. He was a complete sceptic from the start and it was difficult to watch. I believe Tony handled himself reasonably well in the circumstances, yes the company has had some struggles and their not cash flow positive yet and the share price has stagnated as a result etc etc, however they are looking more and more like a legitimate manufacturing company based in Australia (we don't have many left), one that is sustainable and selling it's technology to the world. It's exactly what our government is looking for in the manufacturing space, i.e getting away from industries in which we can't compete on price, that are heavily subsidised (cars), and building specialist products in which we can name our price, maintain the country's standard of living and potentially employ and retrain some of those trades from car manufacturing. The country needs more QHL's, and they need time to develop, that's why they continue to receive grants from the govt and the continued support of major shareholders such as Soul Pattinson who have a decent track record on the investment front.
    Cheers...my ramblings only of course - I have veered a little off track here so apologies.
 
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