Bullboard - Stock Discussion Forum Quarterhill Inc T.QTRH

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

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions... see more

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TSX:QTRH - Post Discussion

Quarterhill Inc > M&A

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Post by 100mill on Nov 05, 2020 10:38am

M&A

In response to an analyst question, while not committig, Paul Hill said that it is conceivable an acquisition could take place in 2020.

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Comment by wilander on Nov 05, 2020 10:40am

and then later said acquisitions could be pushed back into 2021 due to covid.

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Comment by 100mill on Nov 05, 2020 10:45am

Wilander, Paul said that there were on-site visit logistic challenges due to Covid that they had been able to work around by having local people do the on-site visits and taking videos. It would be imprudent for Paul to commit to an acquisition in 2020 because Quarterhill can't control the seller's timetable. The fact that Paul said that it is conceivable an acquisition could take place in ...more

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Comment by fishtail on Nov 05, 2020 10:46am

"due to covid" is so bogus -- acquisitions happening all the time. could just be being coy with the strategy.

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Comment by wilander on Nov 05, 2020 10:55am

wishy washy and ambiguous doesnt propel a stock. i am thrilled with our run up but have to accept we stall here for now. i just hope we dont turn back into a "wait for the Apple settlement" stock again. Because that always leads to us drifting lower. I want M&A results as do many. Enough delaying. Enough excuses. Execute.

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Comment by 100mill on Nov 05, 2020 10:57am

Fishtail, the analysts brought up Covid in their questions and so Paul was forced to respond. The gist I got from the call was that Covid was not presenting any insurmountable issues to acquisitions.

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Comment by gottacatchup on Nov 05, 2020 11:24am

If anything, this is a good time for acquisitions, as valuation of many companies is low. It is disappointing to see no action on M&A front. Rest all is good.

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Comment by BearBullMarket on Nov 05, 2020 11:36am

exactly....and btw what has Russ been doing for almost the last 3 years besides collecting a paycheck ? ...How can we have a strategy of M&A and even if we did acquire a company lets say by end of year, you cannot have a growth strateyg when it takes over 3 years to do one M&A, this time period is too long..I will give the new CEO unitl next Q but if no movement on this front, I am ...more

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