Quinsam Capital Corp C.QCA

hopefully we hear results this week....

[itsthehitman]

anyones guess as to the nav.....???

[yureja22]

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[mercedesman]

I'll guess .21 Oh...I was right lol "At September 30, 2022, we had net assets (pro forma the October 4, 2022 cancellation of shares repurchased in the quarter pursuant to the Company's normal course issuer bid) of approximately $0.21 per share outstanding," said Roger Dent, CEO. "Our shares continue to trade at a very steep discount of over 50% from NAV."

[RockLobster1]

one bad thing here is they are not very good at giving information... was the % in canabbis mentioned? I wish they were more transparent so we dont all have to dig through sedar to get information they should provide. .21 is ok but nothing great, i am not sure how much more the private investments have to be written down....

[mercedesman]

Note 11    Concentration Risk As at September 30, 2022, cannabis-related investments accounted for approximately 58% of the Company’s investments portion (December 31, 2021 – 61%). (Was hoping closer to 50% but the sector is so beaten down, any sign of hope re: US regulation, will create a massive pop in share values) Other things noticed... Number of shares o/s (Sept 30

[RockLobster1]

Thanks for that... Yes I hope no more cannabis purchases... Junior commodity stocks are also depressed and some very good financing deals going. The slow plan continues...  I am ok with this as a cheap dividend play, but one that I must hold an indefinite period.