Quarto Share Discussion Threads

[battlebus2] 12/3/2013 17:41

Yes very good point ddahj.

[ddahj] 12/3/2013 08:12

I have always thought Quarto's weakest quality is sales. The new CE seems to be doing something about it. So I was pleased to read," The power of going to the customer with product as opposed to hoping to have the customer come to where the product is, ..." And Quayside in the USA, "This targeted approach to content generation, focused on like-minded communities of interest, ......To this end, we have effectively put more 'boots on the ground' "
Net assets of the company have increased from $46.5 to $51m. Still a very profitable company.

[battlebus2] 12/3/2013 07:27

New team already making changes for the better-

Worries over the dividend were unfounded

Hopefully bringing Quarto back to being a UK registered PLC so no 15% tax on dividends

-- Debt reduction - with a net debt as at 31(st) December 2012 of $81.0 million management has an aggressive target to reduce net debt by the end of 2013 through selective asset disposals and continued tight cash management.

New corporate structure, sales and profits down a tad the only negative.

Outlook

This year, 2013, will be a year of resolute focus on the operational underpinnings of Quarto that will allow us to grow the business in 2014 and beyond. Cash generation and debt reduction will be key. We will continue Quarto's relentless quest to make quality products that entertain, educate and enrich the lives of our readers but now with a renewed focus on marketing and selling both via existing channels and by discovering new ones. This year will see fine-tuning to already solid foundations, allowing focus on revenue and profit growth in years to come.
Happy to add to my holding.

[ddahj] 11/3/2013 10:23

I don't expect anything dramatic. Revenue the same with slightly lower profits due to EGM and new role of CEO. Still incredibly profitable cash generator. Shareholders will be rewarded eventually.

[dashton42] 11/3/2013 07:07

QRT gets a mention in today's CityAM:

[battlebus2] 21/2/2013 16:25

Results date out Ali, March 12th and Peel Hunt appointed.

[investali] 19/2/2013 10:18

Hey Battlebus i emailed the company for you and according to Mick Mousley they haven't set a date as yet.

Ali.

[battlebus2] 19/2/2013 08:01

Looks like the results won't be today. Investegate have removed it from their list of todays events. Should have know really as they usually give a day or two's notice to the market.

[davidosh] 18/2/2013 09:29

No probs...I am in the City tomorrow so may try to get in to meet the management at a presentation

[battlebus2] 18/2/2013 08:37

Davidosh sorry i didn't see your post earlier,results are tomorrow 19th.

[davidosh] 13/2/2013 11:06

When are the next results due ? I may try to get the new guy to do a Mello presentation. I have done well out of CMS,NWS and SIV so just wondering if these are the next one in that sector to play

[battlebus2] 13/2/2013 10:53

The up coming results will be interesting given the new man in charge.

[battlebus2] 15/1/2013 10:59

That is a surprise, up again today.

[ddahj] 14/1/2013 13:13

Good article in the Sunday Times Review page 2; how digital reading has slowed and book worms are turning back to printed books. I much prefer print books they are so easy to write in and bookmark, I used to underline words when revising for exams.
Also don't forget to get a copy of the accounts in print form so you can write on them lots of ratios and see just how good and profitable Quarto is.
Just looking forward to a good dividend for several years and expect the share price to climb in excess of 10% per year.

[battlebus2] 14/1/2013 10:51

Nice spread now 147/148.

[battlebus2] 11/1/2013 11:26

Yes he should know how each segment is operating relatively well by now and how they fit within the company.

[stluke] 11/1/2013 11:22

Hopefully hear news soon on what Mr Mills has been up to, some disposals releasing shareholder value ideally.

[battlebus2] 11/1/2013 10:43

Another tick up :))

[battlebus2] 08/1/2013 14:24

Ticking up again :))

[battlebus2] 02/1/2013 12:35

Surprised to see the pull back but still confident to hold with Chris Mills as there is value to be extracted here imv.

[battlebus2] 21/11/2012 17:54

Ticked up to 150/158 so if you want any shares you'll pay more than Chris Mills gave to Ennismore.

[battlebus2] 19/11/2012 17:16

Confirmation , Chris Mills now holds 29% :))

[bubbleandleek] 19/11/2012 16:21

Chris Mills is Harwood....no longer Hambro