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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

Comment by v_guerrieroon Aug 09, 2022 8:54am
167 Views
Post# 34880995

RE:Most stocks are up last 30 days…

RE:Most stocks are up last 30 days…

You never see sustainable rallies with these type of moves.  This is a low volume short covering rally.

QTRH is right at the 200 DMA and RSI achieved intraday peak of 70.  This was the previous resistance level post Apple.  If you need liquidity and / or don't want to hold this through the coming volatility and want to double your share position, this is an incredible gift to take advantage of.

To achieve the Cannacord 2023 end of year price target of $2.50, you need to see ITS earnings grow 50% and WiLan to be sold for $150 million.  Those are big assumptions and big risks for a 8% capital return + 2% dividend.  

Essentially with inflation running at 10%, you are prepaying for the successful delivery against those above assumptions.  To get a return, they need to sell WiLan for more than $150 million or ITS Earnings need to grow more than 50% annually.

Thats a tall order.  Everything is already priced in.  There are better opportunities elsewhere.
 

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