Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Quarterhill Inc T.QTRH

Alternate Symbol(s):  T.QTRH.DB | QTRHF

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... see more

TSX:QTRH - Post Discussion

Quarterhill Inc > Nasdaq listing?
View:
Post by Tcad123 on Jun 17, 2023 11:46am

Nasdaq listing?

I can see this coming soon...
Comment by Socrates1 on Jun 17, 2023 1:16pm
Not a good idea until company can demonstrate profitability, ebifta improvement and a CEO for at least one year, me think.... hopefully the new CEO will last longer than that? New board MUST demonstrate competency and successful achievement of goals set! Looks to me market thinks similarly? WILAN sale got us 1 cent! Nobody cared or care until the soap opera of musical chairs ends! Imo.....
Comment by Homework on Jun 17, 2023 2:35pm
The market doesn't work that way?? The market will anticipate in advance of a stronger ETC performance. The stock will climb ahead of that.......Once the show me moment comes and surpass those expectations the stock continues t climb and vice versa. The stock can languish for years until it doesn't due to material change in growth of profits and revenue......... Microsoft did nothing ...more  
Comment by 100mill on Jun 17, 2023 2:47pm
Quarterhill applying for a Nasdaq listing before they are profitable would be silly, They've just done everything they can to cut expenses. Applying to Nasdq would be an unnecessary expense. Maybe in 2025 it will make sense and if they do it, they may want to go all in by moving from TSE to Nasdaq and moving the head office from Toronto to the U.S.
Comment by cabbieJBJ on Jun 17, 2023 6:48pm
No way with the current profitability and current structure. Maybe down the line. It could be a year, but I'm thinking less, as I agree the market anticipates performance.  August will be the first opportunity. 
Comment by mrmoribund on Jun 18, 2023 12:46pm
I believe the head office is already in Texas. 100mill, I agree that seeking a Nasdaq listing now would make no sense. I'm not sure if it would send me into a state of open revolt. But pretty close. Get to a quarter where they have earnings of a penny a share. That's what the market will care about. And it won't matter a hoot so long as they're listed on a decent exchange ...more  
Comment by maxxprophet on Jun 18, 2023 2:50pm
https://www.quarterhill.com/investor-contacts/default.aspx
Comment by cabbieJBJ on Jun 18, 2023 7:17pm
Correct 100mill and mrmoribund - the head office is effectively in the USA.  Once there is credible evidence that the profitability issue is being corrected, dual listing and official HO announcements will be made.  Alternatively, a merger/acquisition of a currently listed company could come into play. But first and formoat, the profitability situation must show significant tangible ...more  
Comment by mrmoribund on Jun 19, 2023 11:09am
Actually, let me offer a qualifying comment to my previous post. While, yes, it will be a key milestone when the company produces an actual quarterly profit, you don't want to have that first quarterly profit become the imperative that trumps every other consideration. So, for example, it would likely be easy to get to profitability soon enough by simply declining to take on any new tolling ...more  
Comment by cabbieJBJ on Jun 19, 2023 11:17am
As an ITS stand alone, it's time to stand up. Great post mrmoribund. 
Comment by cabbieJBJ on Jun 19, 2023 11:20am
I need to add that IMO investor interest must, underline MUST, come come from stateside.
Comment by mrmoribund on Jun 19, 2023 12:28pm
You don't need a US listing to get US investor interest. Regardless, you can just buy QTRHF right now. What you need to get US investor interest is a compelling story. Note we didn't need a US listing to get Rusty Lewis or Chuck Myers. Cabbie, I'll agree to a US listing if you agree to pay all the US listing costs. You're a good guy and we're 99% on the same side but I am ...more  
Comment by Capharnaum on Jun 19, 2023 12:56pm
For a "small-cap" like QTRH, I don't think the Nasdaq offers a ton of value. There's a lot of shorting on the Nasdaq for dual-listed companies. It might make more sense to just move completely to the Nasdaq in the future. From my experience watching companies go to the Nasdaq, I don't think a Nasdaq listing would increase the share price.
Comment by cabbieJBJ on Jun 19, 2023 1:22pm
Mrmoribund, you're assuming that I advocate for a US listing for the sake of having one.  That's rediculous!  A compelling story needs to accompany it.  As far as Lewis and Myers are concerned, I believe they are there to  provide ITS chops and market credibility to US investors, when the time is right.  I also believe that the next two BoD appointments (CEO and ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities