Quarterhill Inc T.QTRH

Market's take on QTRH

[mrmoribund]

It's interesting to juxtapose the market's take on Quarterhill in our current 2021 tech bubble with it's take on Wilan during the 2000 tech bubble.

Back then the stock was, briefly, at the start of 2000, $80 per share. And today the patent portfolio is valued by the market (in a sum of the parts analysis) at little more than zero.

Some of the market's current cold shoulder may be justified given the regulatory attack in the interim on IP rights. But it's not as if Wilan today doesn't get big wins in spite of the challenges.

Of course the Wilan price in 2000 was kind of crazy, as was the whole tech market. But in some ways 2021 is just as crazy. It's interesting that we got most of the craziness upside in 2000 but none of it in 2021. Indeed, in a way, even less than none because QTRH is actually heavily discounted by the market in terms of, as I noted, sum of the parts.

The degree of this contrast leaves me kind of bemused and stumped every day.

[v_guerriero]

Look at the past.   The market can then violently reprice to the upside.   And the next wave is projected at $15.  See here.   https://www.tradingview.com/chart/QTRH/xFd4f24E-QTRH-QTRHF-Very-Long-Term-Trend/  

[cabbieJBJ]

I like the way QTRH management positions Wilan in its ITS acquisition strategy.  I'm sure that the disparate businesses will be a challenge for some to cross mrmoribund, however, QTRH is counting on Wilan to contribute ~$30M/year in EBITDA to the ITS build out. I like to think of it as a $30M capital injection each year at zero cost.  The ~$30M amount is in line with Wilan's

[techstocks22]

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