Quartix Technologies Share Discussion Threads

[sharesoc] 29/12/2023 14:57

Join us at the ShareSoc Growth Company #Seminar in London on 28/02/24. Companies presenting: Quartix Technologies plc (QTX), Itaconix PLC (ITX) and Eden Research PLC (EDEN). Register here: [...]

[smithie6] 11/12/2023 09:02

..Sharescope didn't work very well with that suggestion !!

[tmfmayn] 29/1/2023 17:36

[SharePad] Screening For My Next Long-Term Winner: QUARTIX #QTX

Quartix’s vehicle-tracking services have delivered consistently lucrative financial returns, with new customers and good-value staff counterbalancing pricing pressures and rising costs:

[energeticbacker] 24/3/2021 10:48

Forecasts for the year ending December 2021 remain for revenue of £25.6m and adjusted pre-tax profit of £4.6m, representing an attractive margin c18%.

Unlike many small companies, Quartix mercifully produces results that are free from questionable adjustments.

More on Investor's Champion's website.

[thelongandtheshortandthetall] 24/3/2021 07:34

Hi mate.
QTX is undoubtedly a small 'gem' par excellence.
But on a risk reward ratio, temporarily maybe, I feel I can get a better return else where.
I'll use this elevated price in QTX to buy something else that's a bit cheaper.

Fun and games :)

[apad] 24/3/2021 07:16

There have been a couple of times in the past when QTX has bounced up well over the moving averages, followed by a long decline.
Valuations of companies hit by 'temporary' problems (FEVR as well) can look very high.
Your strategy may well be a good one, tlst.
With small 'gems' my style is more to let them run and may be pick up a few more when the price is listless because they are hard enough to find.
apad

[thelongandtheshortandthetall] 23/3/2021 20:43

APAD.
Reluctantly I topped sliced earlier. Very happy to buy back in again but right now I can see better opportunities else where at this price.
I will remain glued to the share price, watching every pop and drop.

[thelongandtheshortandthetall] 19/3/2021 14:56

I haven't had a chance today to look at the trades today but I'll bet it's not a significant amount.
I've struggled to buy in and sell here previously without moving the price against myself and I'm a poor little urchin.
Point is if anyone and really I mean buffettology want to accumulate they will move the price considerably.

Perhaps they also share my enthusiasm for the potential here. International expansion is now the order of the day.
And as you pointed out moons ago it's fundamentally a software company. Now add is the ease of self installs for the gadgets and it's now time to reap the benefits of all previous hard work.

[apad] 19/3/2021 14:29

I'm having difficulty understanding this rise.
EBITDA growth is only 12%.
It takes 9 years of revenue to buy the company and 32 years of profit, which are numbers one usually sees associated with rapid growth companies with EBITDA growth numbers in the 20s and 30s.
The 5 year share price graph would have indicated a fall back after the last results.
The pattern would suggest that now is a time to top-slice for a buy back in later.
It is very little traded and Walters owns 37%.
The insurance to fleet story is well understood and the accounts are very easy to read.
Anybody got any ideas.
apad

[energeticbacker] 01/3/2021 15:59

Investor's Champion comments:

The forecast reduced dividend of 8.5p is still equivalent to a yield of 1.9% at the current share price, which is more than enough for a business where the focus is on the longer term growth opportunity.

[thelongandtheshortandthetall] 20/1/2021 13:19

Have Buffettology taken the shares.
Safe pair of hands if they have.

[thelongandtheshortandthetall] 19/1/2021 11:32

Great. Shares away at no discount. Happy with that.
Prob get some holdings notifications.
Now QTX can brake out of its 4 year range - next stop a fiver.

[energeticbacker] 11/1/2021 17:38

Several of AIM’s higher quality companies issued positive trading updates and in quick time after their year ends.

Investor's Champion's latest update covers some cracking companies. #gama #qtx #sag

[energeticbacker] 23/10/2020 10:49

Featured in the latest Investor's Champion update –

In the year to date, Quartix has achieved 7% revenue growth in its core fleet business compared with the first 9 months of 2019, a fantastic achievement given the severe disruption earlier in the period, and the fleet division now represents 84% of the Company's revenue.

[mammyoko] 28/7/2020 15:44

Potential for 8% dividend here:

Subject to satisfactory performance and market conditions, the Board will consider a final dividend for the year with the aggregate of the interim and final dividend set at approximately 50% of cash flow from operating activities, which is calculated after taxation paid but before capital expenditure. The Board will also consider distributing the excess of cash balances over £2m by way of supplementary dividends. The surplus cash would be calculated by taking the year end cash balance and deducting the proposed regular dividend. The policy will be subject to review.

H1 operating cash of £3.7m x 2 x 50% = £3.7m

H1 cash £10.0m + H2 operating cash of £3.7m - H2 dividend of £3.7m - base cash balance of £2.0m =£8m

£3.7m + £8.0m = £11.7m

$11.7m / 48.1m shares = 24.3p

24.3p final + 3.37p interim = 27.7p

27.7p / 348 = 8%

Looks lie they are going to catch up the final dividend they missed for 2019

[actomox] 19/5/2020 11:13

Quite a detailed, favourable, analysis on this Company in last week's output from Richard Beddard on ii. Currently (weekend of 16 May) the technical analysis does not provide me with enough positivity for me to take the plunge but I have it on my watch list.

[thelongandtheshortandthetall] 04/5/2020 10:14

Lovely jubly
QTX doing well!!

[thelongandtheshortandthetall] 27/4/2020 12:49

Very impressed with the way Quartix management have handled this virus situation.
Exemplary. No BS at all from my point of view.

[thelongandtheshortandthetall] 23/4/2020 11:03

New Video uploaded today.

Quartix Vehicle Telematics: What can it do for your business?

[thelongandtheshortandthetall] 08/4/2020 21:02

I see QTX as a pretty safe bet at esp at these prices. Their subscription based income should be ticking along very nicely.
Management have dealt with the virus very professionally IMO.