Australian (ASX) Stock Market Forum

QAD - Quadrant Iridium

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king.jackson said:
Yes, but why the fall to .049 breifly today?! (Luckily it came back up).

Dont think the market knows what to make of investing into HLT. Nor do I really?...

King, look in your messages for an answer.
K22
 
indeed...

Well, Im going to hold until the new year on this and see what to make of it all at that stage. The company seems to be in a transitional phase at the moment... for the better I think....

:cautious:
 
Wow! Qad signed a deal with Sigma Pharmacauticals to supply 700 of their information systems to Sigmas Amcal and Guardian stores. Will add 4.5 Million to bottom line plus giver leverage into other areas.

Sounds like theres interest from overseas too.

This is great news. QAD are on the up from this point on. :)
 
AGM date set and on the agenda a name change to FUL.

Great move as the QAD name has too much baggage associated with it and with the new aquisitions the company has made this year really is a new company than a few years ago.

Good move :)
 
Looking really good now, up a handy 50% on my initial investment.
See everyone, fundamental analysis does work!

The company is still fundamentally undervalued but we won't know by how much until Iridium is sold. I suspect it will get a lot more than what it is shown for in the books.

K22
 
Well done Knobby22. There is also a big buyer on the prowl today, who appears to buy out all the 0.08 sellers. This one could definitely go places soon if he/she/they keep(s) it up. I like the longer term potential for this one too, so will be holding out for a while :cool:
 
Exceeded my positive expectations. Up another 23% today. Surely they'll get a speeding ticket now! I'll be happy if it stabilises a bit tomorrow around the 10 cents to establish a bit of a platform. On the other hand, I wouldn't mind for it to go ballistic either :D
 
well done Knobster!

It had to be sooner or later as they are so under valued (even now).

Make no mistake, this company is on the up. :2twocents
 
Big buyer still at it. Just took a chomp of 3 million shares @ 10 cents. That should give it the foundation we're looking for.. :p:
 
Good consolidation for a number of days with decent volume to fill the gap that was jumped between 9 and 10 cents. And it started running again today with an 11.5 cent close. This is looking really promising now.
 
Went to the meeting, it was a tiny conference room! So small that they could barely display the powerpoint presentation. There were 12 shareholders present.

The speech will be posted soon but I was impressed, paticularly with the MTM system in the US. Healthpoint looks a real goer and HLT will also be nice shares to get one day (promised between 9 months and 2 years).

Iridium will be sold on the 15 Jan for around 20 mil. They explained the reasons for selling which were very logical.
 
Thanks Knobby, looking forward to the presentation. Price action so far today again looks promising, with the 12.5 cent sellers taken out by big-ish buys. With a bit of luck they may win you the competition this month.
 
Yeah good on you Knobby!! I thought I had it all wrapped up with EDE but this looks like a even bigger winner at present. I hope it is a race to the finish!
Merry XMAS
 
Thanks.
Merry Christmas everyone! May next year be half as good as the last three years have been on the stockmarket.
 
Thanks for the update on the AGM meeting. Looks like the company is planning on having a properous 2007. Good for them, great for us!

Question now is when is the right time to sell.
 
I've sold nearly half my shares, (I had a lot of them) and plan to retain the rest long term (at least 3 years). If the price drops to less than 10c, I will buy back to my original shareholding.

The meeting has convinced me that this company is going places. I expect a price over 20c over this time. Now we know more it is possible to do a valuation. I will do one when I get a chance after Christmas.

K22
 
Happy New Year Knobby!

Thanks again for the update on the AGM meeting. Look forward to reading your annalysis on the QAD shares at the moment, or should I say FUL.

I too am very positive about this company and believe this will be a good year for them as they have put everything into place last year (including elminating their all debts).

Looking forward to seeing what they do with the 20 million they will get from selling the iridium stock. Leverage into new markets with their kiosk product, international hopefully.

Did they mention much about the HLT company they have invested in? WOuld have been worth while attending that AGM also.

All good at this point.

KJ
 
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