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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 Maxmoeon Oct 26, 2023 10:09am
212 Views
Post# 35701957

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Short Report.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Short Report.I agree or I wouldn't have bought it. I didn't buy it for the last year because of the operating results and confused/confusing business plan AND the convertible. I expect the stock will continue to face headwinds despite the reasonable operating results and improving if not spectacular outlook until the trend looks established. I may have bought too early, maybe a year too early, but my threshold for small caps is 100% upside potential and under $1.50, it ticks that box. The potential exists, the risk is real, and the convert is a big ole albatross around the neck, that fades with time. The business needs to improve dramatically or there is no way that convert can be paid off and the refinancing of it may be even more onerous than the current terms. I've seen 10%+ coupon rates on similar converts that carry onerous covenants and much more dilution. And one on particular, ATH, still passes my 100% test after raising from $1 to $4 since closing their debt deal in October 2021. Too bad QTRH doesn't have a double in oil price to skate them onside eh? 
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