gamesinvestor
04 Jul 2017
Re: Trading Update Mmmmm - just read this :-[link] considering John Lee holds Leaver in such high regard, it's quite surprising that he should come up with such a waffly statement as in his opening paragraph.This looks like a watch and see rather than a plunge in and wait.Games
gamesinvestor
04 Jul 2017
Re: Trading Update TX2 -- This is ironic, as I literally only started looking at this company yesterday after re-reading one of John Lee's (Lord Lee) articles in the FT.He's held this for a long time.It's interesting that you found the accounts confusing -- I hadn't got that far but I will start to dig deeper.I'm not sure this would be for me as it's profit margins are quite small and it must be a difficult business having to reinvent new designs on a relatively frequent basis.Also my experience of theme based books like this is that they are always discounted by about 50-80% in most shops, purely because there are so many alternatives on the same theme.Charity shops are also riddled with them as people get them as gifts, never read them and put them in the charity bag. -- maybe that's too harsh an assessment I don't know.Games - low on my list, but I'll dig into it more
TX2
04 Jul 2017
Re: Trading Update Thankfully I sold the balance of my shares in April;but I must admit did not expect this very confusing update,it does not read well and looks if the finance director did not bother to read his own accounts & reports when giving the earlier updates!Most of profit is earned in second half,particularly so now the product offer has changed, so overall figures may not be too bad at year end but Quarto is very highly geared & it may be prudent to cut the generous dividend.The shares may be cheap but I have always found it difficult to understand the accounts at the best of times......
picstloup
11 May 2017
Topped up Stuck myself down for another 5000 of these at £2.55. Decent company, Latin-American expansion, amazing back catalogue, reducing debt, decent divi.
TX2
31 Jan 2017
Trading Update Probably predicable that the colouring book boom would not last forever.The shares are possibly not expensive based on likely results;however as I have been an investor here for good number of years and the shares are at a significant multiple of my purchase price I have sold about a quarter of my holding.
TX2
11 Aug 2015
Re: Found this good report on QRT Yes we have certainly had a share price boost recently,whether caused by modest buying in an illiquid market or hoped for better results/news I have no idea.Time will tell!I have been a shareholder here since late 2008 from memory;to date always had a decent dividend but more recently substantial capital growth.Hopefully this will be maintained.
oliver101
11 Aug 2015
Re: Found this good report on QRT This has been one of my best investments. A solid dividend and gently rising price. With results on Thursday this sudden spike looks suspect. Takeover? There has been no news that I have seen.
mcescher
30 Jul 2015
Found this good report on QRT With a PE of 9.2x, what are peoples opinions on whether QRT is good value? I've been researching on here [link]
TX2
20 Mar 2015
Re: Results Seem satisfactory;pity it does not seem viable to change domicile from Delaware to UK.
