QTK quiktrak networks limited

re: good entry right now? Its an interesting concept that just...

  1. 36 Posts.
    re: good entry right now? Its an interesting concept that just hasn't fired is Quiktrak .


    Originally many investors thought that the insurance industry would act in some way to support the concept or that fleet managers would want the product but it appears that many fleet managers are very happy to have vehicles disappear - especially as they get to the end of the contract .


    They are then claimed on insurance for considerably more than the written down value of the vehicle. Why would they want the damn thing back, especially if its damaged .


    The insurance industry doesn't seem to want to know and the car repair industry is absorbing all the parts .


    Ooops, did somebody suggest it suits all parties ?
 
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Currently unlisted public company.

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