Quarterhill Inc T.QTRH

Alternate Symbol(s): T.QTRH.DB | QTRHF

Technology Communication Equipment

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

Quarterhill Inc

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Post by v_guerrieroon Aug 17, 2021 7:11am

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Post# 33715675

CIBC raised price target from $4.00 -> $4.50

Says "acquisition is transformative"

Highlights "shares are attractive and should be purchased"

Says stock is trading at below ITS standalone value of $2.77 using a 12X multiple. Note that I said yesterday that ITS peers trade at 15-18X so this is a lower target than peers. And should be closer to $4.

Hightlights WiLan is worth $2.40 but discount the Apple case by 80%. Currently worthless. They highlight that CIBC target moves to $6 if QTRH collects the award at appeal.

Back up the truck.

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A junior copper-gold stock trading at a bargain of monumental proportions