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Quarterhill Inc T.QTRH

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

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 include congestion charging, performance management, insights & analytics, analytics, toll interoperability, mobility marketplace, maintenance, e-screening, tire anomaly detection, multi-modal data, intersection management, and others. Its tolling includes roadside technologies, commerce and mobility platforms, audit and enforcement, and tolling services. Its safety and enforcement comprise commercial vehicles, automated enforcement, freight mobility, smart transportation, and data solutions. The Company’s wholly owned subsidiary is International Road Dynamics Inc.


TSX:QTRH - Post by User

Bullboard Posts
Comment by ChiChi3on May 21, 2020 8:50am
208 Views
Post# 31055206

RE:RE:Couldn’t be more disappointed

RE:RE:Couldn’t be more disappointedI for one am actually pleased by this for a number of reasons: 1.) I believe they have a large investor (FGP or maybe CC&L) that wants out. This allows them to exit their position without driving the price down. 2.) A special dividend would create an immediate tax event for many investors so better to use a strategy that can delay that 3.) What better company to invest in than one you know and you know is grossly undervalued rather than going off and investing in firms and technologies you know nothing about? 4.) It shows the market place that the Board believes the shares are undervalued. What message would a special dividend give? 5.) Assuming the NCIB is substantial (and I think this time it will be!...hope they give a bit more clarity on the call) then that should put upward pressure on the share price over time. 6.) Going the NCIB route, as opposed to a special dividend, allows the firm to be a bit flexible if a good buying opportunity comes by given the COVID-19 mess 7.) It will improve EPS which I believe the street is more focused on going forward 8.) I know a special dividend seemed to have worked (pumped up the share price) for Virnetx but we have a lot more going on that the cash can be used for to generate revenues than them. 9.) The SIB should flush out the non-believers in the stock and bring in some new blood that understands the business a bit better and have the patience that many of the current shareholders don't have. My thoughts...Chi
Bullboard Posts