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Bullboard - Stock Discussion Forum Quinsam Capital Corp C.QCA

Alternate Symbol(s):  QCAAF

Quinsam Capital Corporation is a merchant bank with a focus on small-cap investments. The Company is focused on the small-cap market with early-stage investments in the technology, healthcare, mining exploration, e-sports, and cannabis markets. The Company’s business may encompass a wide range of activities including acquisitions, advisory services, lending activities and portfolio investments.... see more

CSE:QCA - Post Discussion

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Post by noremac50 on Mar 03, 2021 8:24am

I added

I just couldn't help myself. added 14 thousand and change at .18. It feels like it's close. But I've had that feeling with Quinsam before. Still have some open bids lower. But I really can't imagine Quinsam's values being anything less than 50M today. When will somebody pay full price for our basket of pure value? No idea. But I'll keep buying at and under these levels until they do.

glta
Comment by mercedesman on Mar 03, 2021 1:18pm
At least the math is nice and easy.  As they get closer to 100M in shares o/s The value of the portfolio was about $ 32 M Sept 30.  NAV per share was .30 (because there werre a few million more shares back then. So start by assuming 100M (slightly more but who cares)... If you believe the portfoliio fell in value from $ 32M to $ 18M then .18 is a fair price today. If you beleive the ...more  
Comment by theinvestor22 on Mar 03, 2021 10:18pm
My only comment is that QCA has an awful lot of companies that are yet to IPO.  I'm not sure how they'll value those companies before the IPO events happens.  If they are conservative in their valuations, then stated NAV might lag those ETFs you mentioned.  This, of course, is just a timing argument, which means that patience might be a virtue here and that the eventual NAV ...more  
Comment by mercedesman on Mar 04, 2021 10:34am
"My only comment is that QCA has an awful lot of companies that are yet to IPO.  I'm not sure how they'll value those companies before the IPO events happens.  If they are conservative in their valuations, then stated NAV might lag those ETFs you mentioned.  This, of course, is just a timing argument, which means that patience might be a virtue here and that the ...more