Research

Disclaimer: All information on this section is of a general nature.
Before making any investment decision, you should consult your adviser.

Quickstep Holdings Limited - Announcement

 
Quickstep (ASX:QHL) (F-35 Joint Strike Fighter supplier) announced today (24 Oct) that it is collaborating with US-based seating and interior systems supplier Futuris Automotive Group, to develop a composite front seat back by mid-2017. We see this as further OEM endorsement of QHL’s technological ability in advanced carbon fibre composite parts manufacturing. At current share price levels of A$0.115, we believe QHL offers significant upside potential to our target price of A$0.18ps.

See research note “JSF parts production surprises on the upside”, 6 October 2016)


 
25/10/2016 7:44:00 AM

Back to top