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Qt Group Oyj (QTCOM)

Helsinki
Currency in EUR
Disclaimer
68.3000
-1.0500(-1.51%)
Real-time Data

QTCOM Comments

Joke company did it again. Earnings negative yoy. It means they don't have a moat and they have to offer their joke software free. I have been saying it for 3 years now, it's the Cathie Wood stock of the Nordics.
Joke season is on for QTCOM. Goes up 10% in 2-3 days falls down 15% in 1-2 days. The trade commission is sleeping. Insiders pump the stock, create shares from thin air and sell them retail who believe there is any tech behind this. The only business model is unloading you stocks
Lolol many other tech stocks like tesla amd also dropped lot. Its also small cap , ofc its volatile
If the fact that the stock pumps on no news +5 only to collapse even more the day after is not ringing bells to you, OK. I didn't know US megs caps pump and dump like this. :D
many analysts have warned negative earnings thats why it has gotten sold. Just speculation. They could beat nicely too...
100€ eod
vote, go stock👍or 👎
This company looks very interesting at this valuation, i think market has overreacted
Fair value at 20-25 and at a 20PE as I wrote over a year ago when this was at 150-160
fair enough, good points
The company went exactly where I said it will go. There is still absolutely no reason this company to trade at the multiples it trades. 0 moat, nothing burger technology. I am trying to save you money from investing in a dumpster fire.
Actually it went from 180 to 30. I could be more right. I understand you feel pain for investing in a nothing burger company at 100+ levels
Compared to 2021 q2 sales increased by 2% and overall for the first half of the year they did 13% higher. Where are the people who were bashing me and yelling at me that this will grow 50-60% until 2025 and I don't get it. By the way, they guided even lower for the year end. Luckily all comments are public. QT was the biggest bubble in the Nordic markets
Isn’t that quite a big jump in this market? What could it be if there isn’t covid or other brakes?
this is what im thinking, this is very hard market and this company still manages to grow, ofc they get boost from strong USD but its impressive considering they have softness in asia business because recession etc and chip shortages have been bad for QT distribution license growth
Hahaha Stonks guy deleted his profile and all of his comments. What a loser. Supposedly he was in at 3euros per share and supposedly this garb@ge was going to the moon. I have been yelling that this is coming crushing from the moon. Joke of a company, 0 moat, no earnings
if you get banned everything u post will get deleted
i think
60% down from last year and still the price to sales ratio is at 17!!!
EBIT earning is as Munger and Buffet say BS EARNINGS. Do you really think there is a way to avoid paying taxes and interests on loans? Only companies with bad credit scores and terrible interest rates on their debt declare EBIT numbers. Another red flag for this company
In the last 7 Q it missed 3 times. Growth is meaningless when no money is made - or when they make it's at best at a 20% profit margin. Somebody said, but NVIDIA is also expensive. Nvidia is a 45 PE, produces something many customers want and has a profit margin of 36%.Even NVIDIA is selling at a 50 percent discount to this
It's funny that when you criticize the moat of the company the responses are just something general like: no, you simply don't get it, you don't understand, this will go to the moon... I am saying to you, it's already gone to the moon and it comes back crushing down! 100+PE is ridiculous. Not even Nvidia or showflake traded at these valuations
Price target as I said 6 months ago when QT was at 170 is 25. Check the comments. It's laughable to think that this company that exists for 20+ years and never made money will suddenly start growing 100% every year perpetually because in 2020 got some profits for the first time. What does this company do that nobody else can? Do you know how many companies do programming for devices? Thousands in every country
The worst thing that people don't understand here is that this has no moat. The screens of the smart devices are running Android, not some program QT does. QT was relevant 20 years ago when you had these custom made menus in devices. Nowadays everything is connected to Google or Apple
It fell more than 50% from ATH and it's still a 100+ PE. A company that barely grows and even has quarters like this one where they declined in the yoy comparison, this is the most overvalued thing in all the Nordic stock markets. It's a cathie wood like stock
4.8 million revenue last year on Q1, 4.7 million on Q2 this year. A yoy DECREASE in revenue for this supposed growth duck that people dared to propagandized that it will grow 100%... this is the mad market we have been in
q1 2021 vs q1 2022 I meant
ridiculous miss on top and bottom line and margins of 21%. How can a software company only have 21% operating margins. This is a duck and I have been calling the bubble for 2 years now. Easiest short ever. I was saying the value of that should be at around 25 euros
We agree that price targets from analysts mean nothing. When this was at 160 they had targets at 180, when at 170 they had targets of 185 and so on. But now the trend has changed. They started to downgrade and they will downgrade further. We are only in January and from 185 the targets are already at 120-130-140. My target is 30. IT with net margins at 23-24% in its best year are laughable. Plus growth is slowing at 50% already for next year
they cut price targets because the stock dropped
So growth 52% for 2021 instead of 100% that many of you predicted. Margin only 24% when other IT and tech companies have at least 30%. 30% growth for 2022 and 20-25% for 2023. Where are the people saying this will grow 100% every year for 5 years? Fair value 30€. Already targets are getting cut and that is why it fall so sharply on Friday.
They had a target at 180. So it is a downgrade is you can understand that 140 is smaller than 180
What this company claiming to do and people preach here as a moat is what Amazon signed to do for Stellantis last week. Stellantis is like 15 car brands. QT company is obsolete already. And it's not only Amazon, 100 other companies do these infotainment for cars and appliances. 0 moat, barely 100 mil sales. Fair value 300mil.
for example, $EVO is growing a lot faster and it's trading at ntm P/E 31x (Qt ntm P/E 84x)
QT is trading at ntm p/e 84x based on consensus estimates. And QT growth in Q2 was 87.6% (EVO 100%) and in Q3 only 40% (EVO 97%)
there are companies that grow much faster with a lot lower valuations. QT is still too expensive at €106
Where is the guy that wrote at 155 when it had already fallen 20% that this was looking bullish and that it was going to the moon next? Is he still alive?
Very strong support indeed. It just dropped after a day it got there. Are you guys ever stop with the hopium or you take it all day and night?
I am the toxic who says this stock trades on hopium and no earnings and not you guys that invest in hopes and dreams, ok
The point is to buy at a price that makes sense and you can make money. For QT to go higher you need massive growth and no inflation, no high rates, no earnings miss in 2022. This is already impossible. Imagine only if they just miss a quarter - like all companies due to typical supply chain delays in deliveries... Massacre
Even with a valuation of 500 million this will have a price to sales of 7. The PE will be 25 because the net income after taxes will be at 20-21 million for 2021. The market is already changing. These high flyers are coming down fast. But even if QT falls 7 times, it will still be expensive. The moment rates will rise 0.3% this will come down 30%.
Where are the pumpers now? Where are the people telling me for 6 months that 20 million in sales per quarter justifies 4 billion valuation? This is getting back to 10-20 range where it deserves to be
Sure, that is why it barely makes 100 million in revenue per year.
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