QHL 2.50% 41.0¢ quickstep holdings limited

Ways for QHL to 25cents

  1. 236 Posts.
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    Guys, Let us have a discussion on certain ways QHL can reach back to 25cents.

    Let us do a quick rundown from the 2020 figures.
    Current SP: 0.048
    Shares outstanding:~713mil
    Cash: ~1.7m, Trade Receivables: ~7.7m, Inventories: ~10.1mil
    Current Liabilities: ~22.7mil LT Liabilities: ~22.3mil
    Revenue: ~82mil, Gross Profit: ~17.3mil, Net Profit: ~3.6mil, EPS: ~0.0054
    Employee Expenses: ~28.2mil (~2.7mil to Board Management)
    Main Customers Revenue %: ~80%

    I am just providing some opinions below on how to stem the slide in SP, or how to extract some value for the shareholders:

    1. Re-negotiate the current liabilities to become long term.
    2. Have less inventories on hand. Utilize lean sigma six, JIT manufacturing or even only having inventory made to order. Pre-paid before manufactured.
    3. Reduce Trade receivable to prevent potential defaults on repayments.
    4. Reduce Board expense. ~10% to board management is ridiculous.
    5. Diversify- Ramp up more contracts with other clients. Expand aggressively to diversify away and expand customer list/revenue mix.
    6. Declare a special dividend of 0.01. That reflects a yield of 20.8%. Investors would jump in. Change dividend policy to 35% of Net Profit to be distributed yoy.
    7. Assign an institutional broker to help provide liquidity and support to the SP.
    8. Have a Share buyback program to support SP.
    9. More proactive engagement by the company distributing 'News Releases'/'Business Updates'. PR goes a long way.

    Well, this is my current wish list, but if most can be done, I'm almost sure the company can reach back the 25cents level.
 
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Last
41.0¢
Change
0.010(2.50%)
Mkt cap ! $29.40M
Open High Low Value Volume
40.0¢ 41.0¢ 40.0¢ $141.3K 346.4K

Buyers (Bids)

No. Vol. Price($)
1 30759 41.0¢
 

Sellers (Offers)

Price($) Vol. No.
41.5¢ 10258 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
QHL (ASX) Chart
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