QHL - Quickstep Holdings

My views as well the ride is about to begin on carbon fibre composite aircraft such as the Dreamliner 787 and the F35 fighter that Quickstep will be making parts for soon. The SP for this company will only be going in the same direction as the future numbers of composite aircraft. 840 Dreamliners on order and 3,100 F 35's so far. Quickstep has a good future and I am holding what I have and intend to participate in the SPP and possibly buy more on the dip I expect when the SPP shares are available to trade. Hopefully QHL makes up for all my other losses.

No Gain said:

My views as well the ride is about to begin on carbon fibre composite aircraft such as the Dreamliner 787 and the F35 fighter that Quickstep will be making parts for soon. The SP for this company will only be going in the same direction as the future numbers of composite aircraft. 840 Dreamliners on order and 3,100 F 35's so far. Quickstep has a good future and I am holding what I have and intend to participate in the SPP and possibly buy more on the dip I expect when the SPP shares are available to trade. Hopefully QHL makes up for all my other losses.

Click to expand...

Just be patient - big projects like this never run smoothly, and ramping production up is often as hard as delivering the first one. Airbus still make a loss on each one 2 years after deliveing their first A480.

Don't get me wrong, Carbon Fibre and related composites are the future for transport. Anything that makes them better, cheaper and quicker is a godsend, it just new tech, big projects, other suppliers and international politics will cause issues that QHL can't control.

I'm not a holder BTW, but am egging them on from a safe distance to avoid those sharp shards and itchy fibres if an impact does come along!

MOSSuMS said:

Just be patient - big projects like this never run smoothly, and ramping production up is often as hard as delivering the first one. Airbus still make a loss on each one 2 years after deliveing their first A480.

Don't get me wrong, Carbon Fibre and related composites are the future for transport. Anything that makes them better, cheaper and quicker is a godsend, it just new tech, big projects, other suppliers and international politics will cause issues that QHL can't control.

I'm not a holder BTW, but am egging them on from a safe distance to avoid those sharp shards and itchy fibres if an impact does come along!

Click to expand...

Read some stuff on carbon nano tubes and their application in composites such as carbon fibre. Quite astounding potential new materials and properties are possible if they can get a scale manufacturing process. Probably a decade or two away for any real applications, but shows there is a potential performance progression and bleading edge applications far beyond our current vision. Hopefuly that will slowly move stodgy old-hat CF out of F1, supercars, military and aerospace, and into the core of mainstream products.

I agree that there is a strong future for CF so I will hold. The SP has been moving up slowly so I'm happy. I wonder if it will be the black gold for the next decade? I hope so.

No Gain said:

I agree that there is a strong future for CF so I will hold. The SP has been moving up slowly so I'm happy. I wonder if it will be the black gold for the next decade? I hope so.

Click to expand...

I agree, but will CFE be the one? I got burnt by BluGlass as I also believed LEDs were the future, but they never commercialised the new tech, so I got out.

Is QHL going to be using it's new tech for the Lightning II parts, or its traditional CF autoclave manufacturing processes? I want to see volume/scale use of their new tech, as that is their USP, otherwise the barriers to entry and potential upside aren't big enough and CF manufacturing doesn't take a 'step' forward.

MOSSuMS said:

I agree, but will CFE be the one? I got burnt by BluGlass as I also believed LEDs were the future, but they never commercialised the new tech, so I got out.

Is QHL going to be using it's new tech for the Lightning II parts, or its traditional CF autoclave manufacturing processes? I want to see volume/scale use of their new tech, as that is their USP, otherwise the barriers to entry and potential upside aren't big enough and CF manufacturing doesn't take a 'step' forward.

Click to expand...

FYI: Found this volume+cost Carbon Fibre (Fiber) competitor in the US: http://www.fiberforge.com/. Looks interesting and shows that there are still many potential winners and losers of this race.

Great 10% jump in QHL today. Might have to change my name to Gain instead of No Gain. Ex Boeing executive on board now so the SP might be taking off just like those Boeing jets.

No Gain said:

Great 10% jump in QHL today. Might have to change my name to Gain instead of No Gain. Ex Boeing executive on board now so the SP might be taking off just like those Boeing jets.

Click to expand...

Something fishy going on here. Today is the last day for the SPP application, and prices jumped 10%. Before that the SPP is hardly worth applying, after that it's a no brainer. Wouldn't be surprised to see this fall back onto the SPP price (52c) when the new shares hit the market.

skc said:

Something fishy going on here. Today is the last day for the SPP application, and prices jumped 10%. Before that the SPP is hardly worth applying, after that it's a no brainer. Wouldn't be surprised to see this fall back onto the SPP price (52c) when the new shares hit the market.

Click to expand...

I didn't think of that as a reason and I hope it wasn't the reason otherwise I'll be back to No Gain I'm still confident however that long term the SP will move upwards. Especially once they get into production of those aircraft parts.

Since adding QHL to my watchlist of potential buys in mid jan it has traded down from 56cents to 38.5 cents today.

Just wondering what peoples thoughts are and the potential they see for the company at this price?

I see it as a buying opportunity and very close to adding it to my portfolio, although I haven't had the opportunity to take a real in-depth look at the company itself. Everything i've read seems positive and from my understanding they are likely to have announcements in the coming months about contracts to produce for companies etc as well as the possibility of another equity raising mid this year.

Anyone able to provide some clarity to this?

kermit345 said:

Since adding QHL to my watchlist of potential buys in mid jan it has traded down from 56cents to 38.5 cents today.

Just wondering what peoples thoughts are and the potential they see for the company at this price?

I see it as a buying opportunity and very close to adding it to my portfolio, although I haven't had the opportunity to take a real in-depth look at the company itself. Everything i've read seems positive and from my understanding they are likely to have announcements in the coming months about contracts to produce for companies etc as well as the possibility of another equity raising mid this year.

Anyone able to provide some clarity to this?

Click to expand...

Hi Kermit,

Like a lot of people in this forum and others I follow David Hasselhurst's picks. He currently writes for the Eureka Report (there he is known as The Speculator). He has loved this stock for a while and still does. Like him I am holding shares in it and waiting for the upcoming announcement that will hopefully seal in cement their MOU for the JSF project. Good news like that will do wonders for the SP.

I am not a chartist but I had a look at QHL's chart a while ago and came up with the following. It may or may not help you. Remember to do your own research

QUICKSTEP (QHL)

-JUNE 24 0.15 (0.15 LOW)
- JULY 8 0.18 1ST MOU

(20 days later)

- JULY 28 0.37 (0.43 HIGH) (146% increase from low before build up)

3 MONTHS (11 WEEK GAP)

- OCT 21 0.28 (0.27 LOW)
- NOV 4 0.49 2nd MOU (68% increase from 21/10 low to 4/11 close)

(12 days later)

-NOV 16 0.66 (0.72 HIGH) (135% increase from low before build up)

3 MONTHS (11 WEEK GAP)

(projecting forward based on possible trend) PREDICTION ONLY

-FEB 9 0.39 (0.385 LOW)
-FEB 23- MAR 1 0.63 MOU FINALIZED (based on same 68% gain above. This news is not new news so the gain could be less)

(12 days later ??)

-MAR 10-13 0.75-85 HIGH (may reach high of 0.91 but will pull back because news not new)

SOME NOTES:

- I used this trend to accurately predict the high of 0.72. I missed selling at that price but I did sell at 0.65 and it has gone down since.
- there is no causal relationship between the 1st MOU and the 2nd MOU in terms of when they happened but once they did happen they followed similar trends.
- there is a causal relationship between the announcement of the 2nd MOU and the finalizing of the 2nd MOU we just don't know exactly what it is yet. My guess is it will cause the SP to follow a similar trend since most people are looking at the same graph I am. Most of them know more than me though

I added to my holdings today at 0.39. Let's hope I got the low right. There is no justification in the quality of the company that would drive it down this low or lower. It's just the jittery market IMO. Well, just means it has further to fly when the good news hits.

Remember to do you own research. Best of (informed) luck to ya.

I too am a reader of the Eureka Report. I work in the financial planning industry and one of our managing partners subscribes to the report. Can definately follow your trend quite easily, and as you state its probably likely this kick in march may not be as big due to it being a finalisation of what has already been released.

The companies I like of David's are the ones that are approaching or considering actual production that will make them profitable, rather then the pure research/exploration plays. Hence why I followed his lead into A1 Minerals, and also why I am considering this stock.

I just think for david to re-buy the stock within the 50cent+ range he must still see the potential for considerable upside within the next 12 months (the same as him retaining his A1 holding at mid 30c range). That coupled with the recent drop and their impending news of finalisaing the MOU (as well as moving towards production and profitability) just makes me think the potential here is too great to ignore.

I think i'll have to do some research in the coming days and look at getting on board next week if the prices are still in the 40c range.

I'm not in it still. Anyone active in this one? At 32c, almost back down at its issue price after inflation, which is either great value given future prospects, or shows how much debt and equity rasied it's destroyed on it's path so far - I feel for anyone who's stayed the full course.

I've not been following recently, apart from noticing JSF delays and finger pointing (I think I alluded to this as the most likely risk a while back, or I should have!).

My interest is when they get a reliable revenue stream - are they close, or is it still years away? At some point they have to convert to make this thing fly (excuse the pun). At the moment it feels like another Orbital, so just can't stump up the dosh even though my heart wants to.

kermit345 said:

I too am a reader of the Eureka Report. I work in the financial planning industry and one of our managing partners subscribes to the report. Can definately follow your trend quite easily, and as you state its probably likely this kick in march may not be as big due to it being a finalisation of what has already been released.

The companies I like of David's are the ones that are approaching or considering actual production that will make them profitable, rather then the pure research/exploration plays. Hence why I followed his lead into A1 Minerals, and also why I am considering this stock.

I just think for david to re-buy the stock within the 50cent+ range he must still see the potential for considerable upside within the next 12 months (the same as him retaining his A1 holding at mid 30c range). That coupled with the recent drop and their impending news of finalisaing the MOU (as well as moving towards production and profitability) just makes me think the potential here is too great to ignore.

I think i'll have to do some research in the coming days and look at getting on board next week if the prices are still in the 40c range.

Click to expand...

Getting harder to resist! Will check the fundamentals and look at the charts again, as there should be a bottom soon if there are no other surprises in the numbers. With Director Peter Cook's wife selling $76k (2/3 of their holding) at 32.6c I'm not getting in until whatever expected bad news has come out and been priced in though, which could take a while...

Realy thinking of enterting this stock at its current levels. Any thoughts or updates on this stock? Currently undergoing an issue at 32c and based on past history has shot back up 10% on the last day of the SPP.

A projection by 2 stockbrokers RBS and stockone of 58c and 55c respectively in a year's time. Althought both are involved in the company in this recent SPP which may (may not) sway the accuracy of it?

I bought in at 39cents and now sitting at a loss of >50% . I had the opportunity to sell at around 55 cents but greed set in as I wanted to sell around 80cents

The problem with this company is that it has no income and I don't see any earnings in the short-medium term, and the US might cut its defense budget funding due to the situation it is in.

I still hold QHL and i'm really disapointed with how things have played out. As you've mentioned the problem is a lack of earnings. I think the JSF program is still likely to go ahead even if there are a few budget cuts in terms of defense spending int he US as they have already sunk so much into it.

The problem with QHL is they have so many irons in the fire, but none of them ever come to fruition. JSF is the closest they've become to producing parts and hence an ongoing income with some sort of a profit margin. The problem being that this is still another 6-12 months off until they start producing commercially and a further 6-12 months on top of that before they are making income and even close to being profitable.

Would certainly be good if they could sell their turn-key units as it would just simply be an ongoing income stream for minimal input from QHL due to simple licensing fees for using their unit.

Would be great if they become profitable within 12-18 months but I just don't see it happening at the moment. The longer it drags on the closer I feel myself and others are to just cutting their losses and moving on.

For a company in a highly visible space, Quickstep doesn't get much attention.
Share Price has drifted up and down and around the $0.10c mark for years, it seems.

Some recent director share-buying, in addition to directors receivings shares as performace rights, may give cheer to the resolute holders.

If the F35 project overall can gain some credibility, then Quickstep is well placed to share the kudos.
But if F35 is canned (unlikely: too much egg on too many faces) or scaled back ... hmmm. Not so pretty.

Regards,
P

There's been quite a lot going down in the areospace industry in the last 10 weeks.
Quickstep's last investor pressie https://www.asx.com.au/asxpdf/20200227/pdf/44fjd1hctykj2p.pdf was upbeat for ongoing prospects, but with the civilian global fleet sitting on tarmacs for the next ? months, hard to evaluate the degree of impact here.

So the SP has slumped along with everything else, but QHL's prospects for recovery could perhaps stall for a while.
Last close at $0.08c.

Not holding, but watching with interest.
Regards,
P

Purple XS2 said:

For a company in a highly visible space, Quickstep doesn't get much attention.
Share Price has drifted up and down and around the $0.10c mark for years, it seems.

Click to expand...

not sure where the 10c comes from, but, yes, not much attention, drifting up, but mainly down