QHL 12.5% 28.0¢ quickstep holdings limited

Triple bagger for QHL ?, page-42

  1. 230 Posts.
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    I am already invested in Quickstep, a small amount.

    However, I am looking to up my stake substantially. However, to invest a substantial stake, there has to be more certainty from the company, micro + maco factors too. The entry price would be determined when I see changes in the company, contracts, management, government grants, technology, etc.

    I personally think that QHL with the stable contracts on hand, a Fair Value would somewhat 10cents. (yes), and it presents terrific buying opportunity, risk-reward. But, with the lack of new substantial contracts or institutional investors, I believe the company can reach a low of 0.03s. Plenty of negative sentiment, and that does not help the company, nor do false promises and up-ramping.

    I look for a long term investment, where additional value can be unlocked, through contracts, consolidation in the industry, or yield from dividends. None of those are a certainty, or seem to have a substantial probability/possibility now. Time would only tell.

    As the saying goes, don't catch a falling knife. People have different ability to stomach risks, but for me, why pay a premium when I so strongly believe it would drift lower. Unless a breakout occurs, be it internal from the company, or traders doing technical trades (meme stocks) etc, all I can say is i'm waiting.
 
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Last
28.0¢
Change
-0.040(12.5%)
Mkt cap ! $20.08M
Open High Low Value Volume
31.0¢ 31.0¢ 26.5¢ $71.72K 252.8K

Buyers (Bids)

No. Vol. Price($)
1 18291 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 16850 1
View Market Depth
Last trade - 16.10pm 20/08/2024 (20 minute delay) ?
QHL (ASX) Chart
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