Questor Technology Inc V.QST

Acumen capital

[Possibleidiot01]

Questor Technology's sees its 12-month stock price target raised to C$3.25 by Acumen Capital is morning in an update report.

[wealthXpoverty]

Conservative. 

[DeValera15]

Gee ...so it must of been Acumen selling when it was over $3.75 two weeks ago? Am not an analyst, but their business in '22 (ok, 2nd half '21) has to be way way better than what it was in 2019 - more desire for the product, more regulations requiring their solution, more investor awareness of the damage methane emissions cause. If Xebex (XBC:CA) can get lofty valuations for its future

[Possibleidiot01]

I think 2022 would be a much safer bet than 2nd half of 2021 for a huge pickup in revenues. There is a reason for the post I made with the executive orders ; they gave deadlines for legislative reviews with September 30th being the earliest date. Let us know what 5i Research says when they say it . Thanks. PI

[DeValera15]

Hello PI Will update here when I see any new work by 5i - questions by subscribers there have increased. BTW - the pick-up in revenue I mention was perhaps poorly phrased by me - it should be the %ge increase in revenue. Cheers, Alan P.S. check this out about their regulator denying permits due to methane flaring detail missing: https://www.houstonchronicle.com/business/energy/article/Oil-and

[JYBJYB]

Thanks for the info,  but the article has a pay wall 

[AlexDonovan]

A coalition of oil and gas trade groups says it aims to end routine flaring by 2030 as the Texas Railroad Commission indicates it will crack down on the practice. The Texas Methane and Flaring Coalition on Wednesday said it will work to end the burning of excess natural gas from oil wells when there is a lack of gas gathering and processing systems to take it to market. The organization, which

[DeValera15]

5i Research did increase their QST weight by 0.5%  in the Growth Portfolio - in an email last night. Interesting as they still need to reinstate research coverage, after dropping it 18 months ago. I have a 1/2 position, need management to return my Friday email for a couple of questions. (Like - why do they take so long to report their fourth quarter? April 2nd the last three years.) DV

[AlexDonovan]

Annual reports usually take longer to put together. Curious to see what other questions you asked!

[DeValera15]

Annual results taking as long time: I'd like to think that technology and proper reporting systems have shortened the time line. I do recognize that the CFO has many other responsibilities/hats to wear today in a smaller company and that board meeting need to be held.  60 days should be plenty and the time to make the report is one of the many measures I use in scoring a company to

[AlexDonovan]

I think it's moreso that their annual report needs to be thoroughly audited. It seems like every year they post Q4 in early April. If anything, you'd think they'd be earlier this year because less business but it is what it is. Not expecting anything before April unfortunately but I'd be very happy to hear otherwise.

[Canoutchie]

Yes, it depends on when their accounting firm schedules them in for the annual audit. Typically, larger accounting firms look after larger TSX main index listed companies first, as more money is involved, and the TSX has a tighter deadline at 90 days vs. the TSX-V at 120 days after the fiscal year end for annual audited reports to be issued. If anything, the fact that QST reports in early April as

[DeValera15]

Thank you Canoutchie for the solid explanation. Was also a brain fart on my part, had bad math (there may have been Guinness) to think 120 days and my brain never corrected later. Am more than fine with their reporting timeline. Slainte, DV