RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:QCA, not an investor friendly company!Quinsam hasn't traded near it's NAV for what feels like 4 years. Anyone who's been here long enough, would probably agree that it's NAV has been priced between .25 and .35 for a LONG time and it's been trading at 50% off or more for that whole time (very annoying for shareholders)
So for many. Roger reporting a couple pennies a share doesn't really mean much when shareholders haven't once been able to realize the value of their investment for 3-4 years.
Q1 is VERY important. NAV needs to increase, Direction needs to be clear and or EXCITING.
The truth is. 5-10% returns a year don't beat cost of living/inflation, Especially when you see how well Roger has done on the personal side (too bad Quinsam didn't own any Aquity Ads). Boasting about our esports gaming investment doing so well and continuing to increase in the private equity scene is great and all, But then you realize Quinsam only has $50k in it. Why didn't he put 500k in it. Roger had no problem putting $2 MILLION in to "Medicinal Compassion Canni Farms Inc"...
If Roger starts executing and can start generating SHAREHOLDER (not himself and insiders) value, Quinsam will have serious multibag potential. I will probably always hold on to some and or keep an eye on it. But the truth is. If you've had any quinsam shares from .30's or high .20's a 1.5% yield on your investment that has lost 50% of it's value doesn't cut it with many.
The worst case scenario is the market goes down and doesn't recover for months and Quinsam gets dragged down with it because they never once capitalized when it was advantageous to do so (unless you call buying the top and selling the bottoms as sound investments).
We're not in this for being right, or loving a play.
Roger/Quinsam need to produce significant returns (in modern times).
He's either going to be a savvy manager/investor and make many of us a lot of money.
Or.
He'll be exposed as a dinosaur who's gone all in on a system/institution/way of life that is going extinct.
Here's hoping to a great Q1!
Maybe roger can invest in some Hopium along with the helium investment (which i've already stated I'm a big fan of).
anyway, glta!