QFX - Quickflix Limited

[McLovin]

McLovin - You can actually download pirated blu-ray's now (if you have a big enough download limit - each movie is about 50gb from memory). Obviously not endorsing pirating but there is simply no way around it. I play computer games occasionally and almost every gamer has a range of shows they love and download within an hour of it being aired in america. Some local stations tried to combat this with something like the following:

"See NCIS straight from America this season, etc etc etc" and in reality it was still about a week behind the US (instead of maybe a month or more previously).

Thanks. 50gb! It'll be on TV before the download is finished on my connection.

As McLovin said unless you have scale like ebay/facebook/amazon you've really got no chance. And you don't just get scale overnight unless you go about things in a way that is efficient and something nobody else does. You look at facebook, twitter, instagram, ebay - they are all about speed and efficiency.

Something I've been thinking about recently is just how much longer companies like CRZ/REA/SEK can remain profitable. It wouldn't surprise me at all if in ~5 years time SEK is significantly less profitable in Australia, on a margin and absolute basis. That's why they're trying to diversify their revenue base in places like China and Brazil. Maybe it's already happening, ANZ job ads has been weak for months but unemployment hasn't really moved, is it possible they're missing ads on things like Gumtree

 

[skc]

Something I've been thinking about recently is just how much longer companies like CRZ/REA/SEK can remain profitable. It wouldn't surprise me at all if in ~5 years time SEK is significantly less profitable in Australia, on a margin and absolute basis. That's why they're trying to diversify their revenue base in places like China and Brazil. Maybe it's already happening, ANZ job ads has been weak for months but unemployment hasn't really moved, is it possible they're missing ads on things like Gumtree

Completely off topic but I think they are going to be OK. They are all established in their respective sector and have some diversification going on. Each have a clear No.2 competitor on their tail (Carsguide / Domain / CareerOne). It would take someone a lot of money and a long time to butt in what's inherently a small Australian market. Monster jobs was here not long ago and they barely made a splash.

However, I think while their earnings has some resilience, their valuation will be under-threat in the next 2-3 years. They can't trade on PE 18-22x for very much longer, when most of the growth at home would be exhausted.

 

[So_Cynical]

Hard to get growth when each year more and more people simply pirate.

I can Ll a movie in about the same time as it would take me to drive down to my nearest Woolies, rent a movie and drive home....so again, why would anyone do it.

McLovin - You can actually download pirated blu-ray's now (if you have a big enough download limit - each movie is about 50gb from memory). .

More like 2 or 3 gigs, assuming that a blue ray rip is actually blue ray quality. :dunno:

for example.

FORMAT.......................: MP4
CODEC........................: X264
GENRE........................: Action
FILE SIZE....................: 2.48 GB
RESOLUTION...................: 1920*1080
FRAME RATE...................: 23.976 fps

 

[McLovin]

Completely off topic but I think they are going to be OK. They are all established in their respective sector and have some diversification going on. Each have a clear No.2 competitor on their tail (Carsguide / Domain / CareerOne). It would take someone a lot of money and a long time to butt in what's inherently a small Australian market. Monster jobs was here not long ago and they barely made a splash.

However, I think while their earnings has some resilience, their valuation will be under-threat in the next 2-3 years. They can't trade on PE 18-22x for very much longer, when most of the growth at home would be exhausted.

Fair points, especially re PE compression. But taking SEK for a moment. Per the AFR this morning...

SEEK published its internet job ads data for November today. The number of new job ads declined 3.6% m/m following a 2.7% fall in October. SEEK job ads are now 21% lower than the peak in April last year (-16.1% over the year to November) and have fallen in each of the past ten months. The trend in the SEEK data is consistent with ANZ’s job advertisements series which has declined for the past eight months.

Now over that same period the unemployment rate has barely moved...So what's going on to explain the divergence, I wonder?

 

[skc]

Now over that same period the unemployment rate has barely moved...So what's going on to explain the divergence, I wonder?

Market uncertainty so no one is hiring even though no one is firing?

Employment is full, no one is looking for a job?

Linkedin? Facebook? GumTree?

The revival of the old rivers of gold for traditional media?

 

[McLovin]

Market uncertainty so no one is hiring even though no one is firing?

I did a little further digging. Year to November 2011, 91k jobs created. Year to November 2012, 120k jobs created. But they're reporting a 16% fall over the same period in job ads.

Interesting times we live in.

This is probably better placed in the SEK thread tbh.

 

[skc]

This is probably better placed in the SEK thread tbh.

Nah. Those who seek seek will seek here.

 

[JTLP]

I did a little further digging. Year to November 2011, 91k jobs created. Year to November 2012, 120k jobs created. But they're reporting a 16% fall over the same period in job ads.

Interesting times we live in.

This is probably better placed in the SEK thread tbh.

Perhaps people are hiring without job ads? Or shuffling teams within companies to have a FTE position changing to 2 PTE positions (I know our company has been doing this).

Also, haven't total number of people seeking employment dropped dramatically? What happened to them!

 

[trillionaire#1]

Lovely,bought yesterday for 1.4cents for a speccie and up 40/50%today

 

[trillionaire#1]

QuickFlix Secures Funding - ASX release:

: Investors led by billionaire media and entreprenuer Alki David to invest $5 million dollars into QuickFlix.
Alki David and Tim Boyd,President of FilmOn.TVAsia,Inc to join QuickFlix board.
Positions company for growth.

Quickflix limited (ASX - QFX) "QUICKFLIX" "the company" today announces that it has entered an agreement
with US based entertainment and media investors Blueprint Partners "the investors"to secure $5million dollars
in funding through a convertible loan and bond agreement.the funds will be applied to the company in the
execution of its restructuring plans and pursuit of subscriber growth.

QuickFlix founder and CEO Mr Stephen Langsford said "We are delighted to secure this round of funding from
international investors who understand the high growth sector in which QuickFlix operates and the opportunity in our region."

Incoming board member,Mr Alki David said "My investment in QuickFlix and to join its board is representative of my
significant investments in digital streaming and IPTV.QuickFlix represents a key investment for me and the growth potential for the company in the Asia Pacific market and beyong is staggering."

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Hopefully having someone with serious financial clout pumping their monies into the company and joining the
board gives shareholders of which i am one a little reassurance the company wont go down and may even expand and prosper,least thats my christmas wish!

 

[mattycat]

Hope you're right. The movies work so would be good if company did too lol.
Aussie people are all too ok with being spoon fed tv content.

 

[trillionaire#1]

Matty, spoon fed tv content is right.One more copycat reality show and im gonna hurl the remote!

Fed up with amatuers trying to cook,sing,dance,and god knows what else ,no wonder the networks are struggling.

 

[andrew king]

Anyone had much to do with these guys? I own 139,xxx odd shares and am unsure as to where they might be headed / what to look out for? Im still green to the market so any tips would be muchly appreciated!

Cheers..

The net worth of these guys is still way too low to invest although the model is good. Delivery of the service in Australia is still primitive and struggling for customer base. I'd dump shares and chase Netflix. Has a huge market and much more established although not in Australia yet.

 

[pixel]

The net worth of these guys is still way too low to invest although the model is good. Delivery of the service in Australia is still primitive and struggling for customer base. I'd dump shares and chase Netflix. Has a huge market and much more established although not in Australia yet.

One year on, are they making another move?



Some serious volume buying a few months ago suggests that something could be in the wings.



It's speccie, but I'm risking a few $$.

 

[fhlhoping]

Undervalued stock with positive announcements and large volume trading

 

[Joe Blow]

Undervalued stock with positive announcements and large volume trading

Can you please explain why you believe QFX to be undervalued? Also, what positive announcements you are referring to?

 

[pixel]

The best I can do with penny stocks like QFX is trade the swings.
I may maintain a casual eye on announcements, but it's Technical Analysis that gets me in and out.

This chart may serve as an overview of such trading opportunities.



The news that Channel 9 has transferred its QFX exposure to StreamCo http://www.asx.com.au/asx/statistics/displ...;idsId=01548131 has created renewed interest in Quick Flix, which had been, however, foreshadowed earlier when sellers refused to lower their expectation, causing supply to dry up. The assumption seems to be that StreamCo might use QFX to distribute content.

 

[db94]

Annual report has been released. massive increase in directors salaries while bigger losses were recorded. However, compared to netflix they offer the same product with the added HBO shows (http://www.smh.com.au/digital-life/...ckflix--a-matter-of-style-20140730-zw9uq.html). Also with the falling dollar and foreign fees to pay for netflix (netflix costing US$8.99 (AUD$9.90 from xe.com) whilst Quickflix is $9.99) maybe the 200,000 Australians who are using netflix will make the change? Is there still a chance it can get out of the mess?

 

[System]

On February 14th, 2017, Quickflix Limited (QFX) (subject to deed of company arrangement) was removed from the ASX's official list in accordance with Listing Rule 17.11 pursuant to the Company's request for removal from official quotation and the Company's announcement of 6 February 2017.