RE:RE:Any ideasThanks for that reply. Actually my sentiment is similar to yours regarding the expectation that sales growth should be easy to accomplish, however I guess time will tell.
I know that 2020 sales and revenue were horrible, especially as energy companies were reining in spending and cutting costs across the board. However this is all in the past. The price of energy has rebounded quite smartly and energy production should be increasing as economies begin to open up. Couple that with a renewed emphasis on low carbon and green initiatives, then Questor should be seeing significantly positive year-over-year sales and revenue comparables, especially in the last half of this year, and even more so as governments provide increasing incentives for carbon net neutrality.
I was planning to hold Questor at least until the next earnings release, and then assess any further buy/sell decisions based on management commentary with respect to earnings and forward guidance. However, for whatever reason, it looks like certain investors couldn't be bothered to wait. I'll be curious to see what the upcoming earning report has to say, and I hope it's not another quarter of disappointing results (especially with improvements in the energy sector since last summer).
We shall soon see. GLTA
wealthXpoverty wrote: It is ridiculously low in volume. You need less than a mil to moves this up or down 0.50/share. Less than $500,000 CDN shares per day are traded.
I wouldn't worry about it and sit on hands for awhile. It may go either direction from this point for few months as PR is terrible with this company. Emailed PR a few times over the last couple months for additional information and have had zero response.
One thing I am certain though is that with the green initiatives both in Canada and USA this type of tech should sell like crazy. It should be as easy as selling alcohol to an alcoholic on fresh new bender.
Governments are providing incentives and the goal is for these companies to be carbon net neutral.
If management screws up on sales, then a person should consider to sell. Until then I am going to wait and hold my position.