Author Post goldennugget Total Topics: 1 Total Posts: 3 The...

Author Post
goldennugget


Total Topics: 1
Total Posts: 3 The Australian company Quiktrak Networks (QTK) has won more than $1 Billion dollars worth of contracts from the PRC and all work is being co-ordinated via the Warp Group in HongKong. There is a rumour that QTK are going to dual list on the HK stock exchange. Australian investors have not woken up to the fact that this company should be trading at over $4.28 per share but the market price is currently only 29 cents. It is worthwhile to read all of QTK Australian stock exchange news on this company. I think that this company is very much undervalued.


Jan 12, 06 | 8:14 am
smartrade


Total Topics: 0
Total Posts: 1 Warp or China Alarm Holdings are the Chinese partner for the rollout of the DSS spectrum in mainland China.

They have also won another deal in Lebanon.

The scope of works in the PRC includes Beijing (2 networks) and the Hubei Province.

The contracted works to date are $380m USD for the Beijing rollout which is for the 2008 Olympics.

The second network just announced is a worlds first static security system for Beijing and more recently a province wide rollout of the DSS spectrum for the entire Hubei Province.

These two extra contracts should produce well in excess of another $500m USD

The PRC have designated China Alarm Holdings use of its military DSS for the entire mainland China.

There is more work mooted to be in advanced negotiations including Shangahi and Hong Kong plus another Central European country and another middle east country.

it trades on the ASX under ticker symbol QTK

and has a current market capitilisation of $100m AUD.

The largest shareholder has just taken a placement in the company at 35c......and another HK based syndicate has taken a placement at 30c.

The company has around $4m AUD in cash plus another $8m AUD to come from the placements.

The company has no debt.



Jan 12, 06 | 11:46 pm
goldennugget


Total Topics: 1
Total Posts: 3 Hi Smartrade.

I have bought 1.6 Million shares in this company below 30 cents. I notice that one of the directors was buying shares at 38 cents.


Jan 13, 06 | 11:05 pm
goldennugget


Total Topics: 1
Total Posts: 3
Found this news article from December.


Quiktrak looks to have cracked the jackpot in Beijing
By RWE Australian Business News, 16 Dec 2005
Sydney - Friday - December 16: (RWE Aust Business News) Quiktrak has begun deploying a DSSS security network within the city of Beijing.
It has continued to work with China Alarm Holdings to further promote and develop opportunities for Quiktrak's world patented technology with the People's Republic of China.


These efforts have resulted in the allocation of a national frequency within the PeopleÂ?s Republic of China which allows Quiktrak to establish and operate its proprietary security networks throughout China.

As reported in the October quarterly update,Quiktrak Networks confirmed that it had entered into an agreement to build a Quiktrak DSSS security network in Beijing and supply up to 3.5 million transponder modems to operate within this network in a supply agreement worth up to $US380 million dollars in revenue.

In its latest statement to the Australian Stock Exchange, Quiktrak has also announced it has received a request from China Alarm Holdings this week, to expand the coverage area of this security network to cover all major cities within the Hubei Province.


The Hubei Province is home to 67 million people and contains more than 8 major cities with populations in excess of 3 million people, to be provided with network coverage under this expanded network.

China Alarm Holdings says this expansion will require up to a further 3 million transponder modems being deployed in security applications within this region.

This significant increase in the network coverage area will require the company to increase its base station infrastructure accordingly.

In order to fund this increase in infrastructure, and prepare for a Provincial , rather than a City-based business model going forward, the directors of Quiktrak have accepted an application from the Apex Tech Asia Corporation to subscribe for 13,333,333 ordinary shares in the company at an issue price of 30c a share with an option to subscribe for a further 13,333,333 shares at 35c with an expiry date of 31st December 31, 2006.

The issue of shares and options to the Apex Tech Asia Corporation is subject to obtaining shareholder approval.





Jan 14, 06 | 2:57 am