QHL 5.13% 18.5¢ quickstep holdings limited

Ways for QHL to 25cents

  1. 222 Posts.
    lightbulb Created with Sketch. 61
    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.
 
watchlist Created with Sketch. Add QHL (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
-0.010(5.13%)
Mkt cap ! $13.26M
Open High Low Value Volume
19.5¢ 19.5¢ 18.5¢ $7.114K 37.36K

Buyers (Bids)

No. Vol. Price($)
6 109463 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 6813 1
View Market Depth
Last trade - 15.23pm 03/05/2024 (20 minute delay) ?
QHL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.