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Quixant – trading update, how creditable has its ‘ahead of expectations’ been?

Just over a year ago I wrote on technology products principally for the gaming and broadcast industries company Quixant (QXT), at a then 177.5p share price, that the valuation and the company’s trading pressures saw me continue to avoid. Having been well below 150p, the shares have recovered and are currently up to 169.5p on the back of a full-year trading update. So what’s the situation now?

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Quixant – trading update, how creditable is its ‘ahead of expectations’?...

Previously writing on technology products principally for the gaming and broadcast industries company Quixant (QXT), in May with the shares rising above 150p I noted it emphasising its order intake but supply and competition risks together with an above £100 million market cap saw me avoid. What now after a full-year trading update?...

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Quixant – “order intake remains strong”… but what does that mean financially?

Shares in technology products principally for the gaming and broadcast industries company Quixant (QXT) are currently higher, above 150p, on the back of an update at its AGM including “order intake remains strong, providing us with further improved order coverage for our internal full year budget”. What does that mean financially though?

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Quixant – 2020 results, challenges remain?...

Previously writing on self-styled “a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries” Quixant (QXT), last year I noted wariness of the company’s confidence for the future. It has today announced its 2020 results...

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Quixant (#QXT) – appointment of Canaccord Genuity as joint broker

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Quixant (#QXT) – 2020 update, “healthy order coverage for the first half of 2021, although delivery of the order book will clearly be impacted by a tightening of restrictions”

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Quixant (#QXT) – after board departures including CFO announced last week, now appointment of Andrew Jarvis as Interim CFO

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Quixant – trading update, positive signs of recovery showing?...

Previously writing on self-styled “a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries” Quixant (QXT), I questioned “positive signs of recovery”, concluding including having previously noted hopefully my prior warning was heeded – and, with that, I question whether the “softness in demand” is really worse than should have been reasonably anticipated? As such, I also remain wary of the company’s confidence for the future. Now a trading update...

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Quixant (#QXT) – H1 update, “net cash position at 30 June 2020 of $14.2m (31 December 2019: $16.1m)”

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Quixant – trading update, “positive signs of recovery are starting to show”?

“Quixant (AIM: QXT), a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries, is pleased to provide an update on the business in light of the current global disruption caused by COVID-19” – and the shares are at a current approaching 110p, more than 20% higher on the back of it...