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Quarterhill Inc T.QTRH

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

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 cabbieJBJon Aug 03, 2023 11:36am
142 Views
Post# 35571276

RE:RE:RE:RE:RE:RE:RE:RE:Instatuitions will need to get in..........

RE:RE:RE:RE:RE:RE:RE:RE:Instatuitions will need to get in..........

mrmoribund, aren't both povs valid?

It's important to understand the relationship between share price appreciation, valuation, and a company’s growth.  The share price is a function of revenue and earnings growth (your perspective, with correct emphasis on earnings) and mutiple expansion.


Put simply, QTRH’s share price is driven by earnings/revenue growth and changes in the price-to-earnings/revenue multiple.  It would be fair to say that earnings is the headwind; growth prospects are at hand; and changes to the mutiple need to be stimulated (my assertion).

Increases in the price-to-revenue/earnings multiples are usually driven by a better outlook, new information (improved margins or a new CEO, for example), or market participants appreciating a company’s future prospects.  All of this can happen, by chance, when investors learn of improved margins/profitability through quarterly releases, or the pump can be primed by the company, in anticipation, by sharing its story.  Of course retail investors are QTRH's bedrock; however, in today's comunications, one often looks to influencers.  In this case, that would be institutions that can apply a mutiple to actual or projected earnings and then communicate that to the masses.  The more the merrier.  QTRH's current group of supporters is, shall we say, a bit tierd, and, furthermore, is concentrated in the home market, Canada, while the business prospects are in another market, the USA.  With that landscape, there is much work to be done by QTRH's IR and its new CEO, once onboard - assuming that results are on a profitability trajectory.

Essentially, the main factor that moves a stock price up is supply and demand.  All efforts to raise the price through performance and communication will be appreciated by this QTRH investor.

And, to also remain spectarularily consisttent, I am still of the viewpoint that, aside from tuckins, the big move will be a acquisition/merger with a public USA-listed entity.

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