Post by
Angles on Jul 08, 2022 1:39pm
Stuck in the bargain bin @ $0.96
Hello fellow shareholders and other investors;
Here are some more ANGLES' oberservations about Questor Tech.
QST seems stuck in the bargain bin at the ridiculously low price of $0.96 per share.
This is a 5 year low share price for Questor Tech.
This is 12% BELOW the current book value of $1.09.
This is over 70% BELOW the real book value as I have it calculated.
This is only $0.44 above the latest published cash on hand figures per share.
This is trading at my calculated P/E of just 4.1 for 2023 YE.
This makes QST shares extremely cheap and a fist pounding BUY in my humble opinion.
Plus, QST just cancelled their two $6 million dollar credit lines as they said they would not be needed.
And I believe they will be reporting much better results for their second quarter on or about August 19, 2022.
So, all of the above makes no sense to me???
I feel anything around $1.10 is rock bottom and below $1.00 is absolutely RIDICULOUS!!!
With what I feel is coming, QST should be trading at plus $1.50 per share easily, if not $2.00+.
I have continued to load up on QST but I am running out of funds as my position grows larger each and every day.
All these items are strictly my own opinions and ideas. Take them for what they are - Free advice.
Continue to suggest all present QST shareholders hang in there and buy more shares if you can at these super low temporary prices.
Angles