Financials Financials will report next week everyone! I'm gunna go ahead and be premature on the results and say congrats everyone! Perhaps the true congratulations will be in order when they report Q1 2020
The real problem with Quinsam is that most of the money pouring into the market is from those looking to get rich.
We already trade at about .66 book value of last reported quarter. We have NO DEBT. Some tax burden I'm sure but that just means we are making money. I think we will actually have net losses in 2020 year but Q4 and Q1 2021 have been extremely lucrative for small cap markets.
Don't forget... we get a dividend to hold this neat basket of private equity and publicly traded stocks. Considering the extreme volatility in the markets, I feel comfortable leaving my money in the hands of Mr. Dent. He has a proven track record at big banks and he will continue to lead Quinsam in a favourable direction through veteran decision making skills, advanced market knowledge and connections.
He is a Harvard grad which is nothing to scoff at. He holds about 13 million shares on his insider position, pays himself deferred share units on dividends and keeps cost to an absolute minimum as much as possible.
He's a small cap veteran and during these questionable times of financial war, investors of all kinds look to the veterans for what they're doing. If you invest into Quinsam you're investing into a battle hardened small cap veteran fund manager.