Quartix Technologies Share Discussion Threads

[martywidget] 05/3/2016 07:22

I note Paul Scott, aka Paulypilot, gave Quartix a brief mention, in his Small Cap Value Report:

[martywidget] 02/3/2016 20:45

Why cash-rich Quartix wants to break America
01 March 2016

[cfro] 02/3/2016 11:59

Just got round to watching the video posted above, thanks.

Totally agree that Andy Walters comes across as impressive. To me he appears very level-headed and, to some extent, laid-back.

'Cash for shareholders and no acquisitions'. A clear intention to grow the business organically.

It is very hard to find any negatives at all but one to keep an eye on is the increase in Attrition rates which currently stands at just over 11%. Unfortunately it is the nature of business sometimes that companies will go bust after taking on the new equipment.

[hydrus] 01/3/2016 20:45

Well I wished I bought a few more of this when it was £2. On a very high rating but looking like this will be a good long term investment, as others have commented the MD comes across very well.

[interceptor2] 01/3/2016 14:29

Agree Saucepan, the volume seen from 10:15 looks like institutional buying. And we still could see some coverage this week from some of the investor magazine, which could raise the profile.

[apad] 01/3/2016 10:45

Me too - it's the reason I chose to sell PHD and increase QTX with the proceeds.
Mkt Cap of 161 and illiquid normally. 400k showing as a sell.
apad

[saucepan] 01/3/2016 10:29

Heavy volume - institutional activity I presume?

ic2: thanks for those links. Andy Walters impresses me in interviews.

[interceptor2] 01/3/2016 08:44

Have been looking for new broker estimates, Finncap have increased their target price to 375p from 290p, still waiting to see new estimates.



Click on results and presentations video.

The link above has three videos released yesterday after the results, two presentations with the MD and FD, and an extra interview with MD Andy Walters. Who comes across in a conservative manner and certainly wouldn't the the type of director to overstate the business prospects, a competent and safe pair of hands imo.

[mfhmfh] 29/2/2016 08:56

Good, solid hold for me with continuing growth in the UK and abroad.

[saucepan] 29/2/2016 08:43

Thanks, Marty Widget. Solid results today. Let's hope the strong growth in France and USA continues as they are exciting markets.

[interceptor2] 29/2/2016 08:41

QTX results were rather pleasing, with strong growth in all regions UK, France and USA. Most of their revenue comes via recurring revenue from vehicle subscriptions which have increased by.

UK 62,655 +16%
France 7,910 +51%
USA 3.179 +520%

Worth bearing in mind that this new won subscriptions are still coming through. USA is particularly exciting growth prospects imo.

Net cash £3.0m is increasing rapidly, so they plan to increase dividend payment to keep net casH at £2.0m in the future.

[martywidget] 29/2/2016 08:40

Quartix Holdings PLC Final ResultsQuartix Holdings PLC - QTX
Final Results


Cash for shareholders, not acquisitions – Quartix MD
Andy Walters, managing director of Quartix (LON:QTX) says the vehicle tracking and fleet management specialist remains committed to returning cash to investors.
When the company listed on AIM in November 2014 it promised to distribute 50% of free cash flow before capex to shareholders as a dividend. Walters says this actually led to a build up in cash hence the supplementary dividend policy which will see the distribution of the rest of the cash that has accumulated on the balance sheet.
Cash isn't being reserved for acquisitions which are not on the 15-year-old company’s radar, with a preference of funding organic growth out of profit and loss.

[martywidget] 26/2/2016 09:47

An interesting video on the link between excessive speed and accident risk.
And the drivers speed in relation to the speed of other road users.

Quartix Vehicle Tracking - Safe Speed Database

[martywidget] 25/2/2016 20:20

Tracking Quartix’s 250,000th tracker
February 22, 2016
Just in time for the celebrations around our 15th anniversary on 14 February 2016, we at Quartix have produced our 250,000th tracking unit, a milestone achievement of which we are immensely proud.

[saucepan] 25/2/2016 19:11

I think it is worth flagging the breakout here today; price moving away convincingly from the 300p level, which caused temporary resistance.

[martywidget] 18/2/2016 11:13

First Quartix customer still on board for 15th anniversary celebrations


Quartix Vehicle Tracking - 15 year anniversary

[hydrus] 11/2/2016 18:59

They might not all be showing though

[apad] 11/2/2016 18:45

Only 15 trades today. Just stock shortage I guess?
apad

[apad] 11/2/2016 18:42

Had a quick look into the TRAK board. Talk about denial!
apad

[hydrus] 11/2/2016 14:40

This is defying gravity in current market, assume someone is accumulating in background

[martywidget] 11/2/2016 14:06

Getting a little perky ahead of the companies 15th year anniversary next week - (14th February).

[cfro] 11/2/2016 14:05

The comparison between TRAK and QTX is an interesting one. Both are going in opposite directions...

It's funny but on the TRAK thread you can't get a word in hedgeways and there is generally dozens of posts per day. Plus thousands of shares traded daily.

Whereas over here there is only a handful of us posting and hardly any shares traded..

Some would argue that TRAK is better value with a pe less than half QTX's.....but the former goes down and the latter is going up....make of that what you will!