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Quarterhill Inc QTRHF


Primary Symbol: T.QTRH Alternate Symbol(s):  T.QTRH.DB

Quarterhill Inc. is a Canada-based company, which is engaged in providing tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. The Company provides end-to-end mobility systems to some of the tolling authorities in the United States, including in Texas, California and Illinois through Electronic Transaction Consultants, LLC (ETC). ETC’s core products comprise the riteSuite platform, a scalable and customizable cloud-based tolling and mobility solution. The platform has applications for the roadside and back office, with strengths in vehicle identification, tracking, dynamic pricing and interoperability amongst agencies. The Company’s wholly owned subsidiary is International Road Dynamics Inc. (IRD), is a multi-discipline, technology company and provider of Intelligent Transportation Systems. It provides integrate ITS technologies into systems designed to solve and challenging transportation problems.


TSX:QTRH - Post by User

Comment by v_guerrieroon Aug 09, 2022 8:54am
155 Views
Post# 34880995

RE:Most stocks are up last 30 days…

RE:Most stocks are up last 30 days…

You never see sustainable rallies with these type of moves.  This is a low volume short covering rally.

QTRH is right at the 200 DMA and RSI achieved intraday peak of 70.  This was the previous resistance level post Apple.  If you need liquidity and / or don't want to hold this through the coming volatility and want to double your share position, this is an incredible gift to take advantage of.

To achieve the Cannacord 2023 end of year price target of $2.50, you need to see ITS earnings grow 50% and WiLan to be sold for $150 million.  Those are big assumptions and big risks for a 8% capital return + 2% dividend.  

Essentially with inflation running at 10%, you are prepaying for the successful delivery against those above assumptions.  To get a return, they need to sell WiLan for more than $150 million or ITS Earnings need to grow more than 50% annually.

Thats a tall order.  Everything is already priced in.  There are better opportunities elsewhere.
 

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