Quarterhill Inc T.QTRH

ETC Interoperability Tomorrow

[wanttoknowwhy]

Interoperability Tomorrow

Because the financial infrastructure will be in place and maturing well within the five-year time frame to handle all types of toll transaction settlements, now is the time to begin planning for the change in technology that will occur beyond five years that will allow us to move from the initial regional approach to full national interoperability. This coincides with the time frame for the IAG to begin replacement of the existing Kapsch technology and the modernization of a large percentage of toll lanes and the conversion of lanes to AET for many IAG member agencies.

https://www.ibtta.org/sites/default/files/Interoperabiity%20Background-1.pdf

[wanttoknowwhy]

Conduent controlls almost 50% of US electronic tolling market with more than $6.4 b annual revenue(2018). Now it attempts to sell its transportation business.  (https://ca.finance.yahoo.com/news/conduent-pursue-separation-transportation-business-123000454.html)

[cabbieJBJ]

Conduent market cap = ~$1.2B.  Transportation sector = 18%.  Margin = 14.6%.  Ebitda = $109M.  All 2021 figures.

[cabbieJBJ]

Conduent is on the market. QTRH will be looking

[WinnerCircle948]

https://www.marketwatch.com/story/conduent-stock-moves-up-on-plan-to-sell-or-separate-transportation-unit-2022-04-07?mod=mw_quote_news

[v_guerriero]

Silly Cabbie, they don't have a $Billion lying around. Although Ray Jay says they can originate an unlimited number of 8-10% debentures that convert at $2.75 per share.  Will only need 350 million shares and $80-$100M / year in interest. The best oppportunity for shareholders here is to stop the value destruction.  Oust the Board that signed off on buying ETC at peak valuations

[cabbieJBJ]

There is a lot of nuance to this story wanttoknowwhy.  Readers should do their homework.