1 year follow-up, QC Holdings, Inc (NASDAQ:QCCO)

QCCO has been in the portfolio for one year and it’s time to do a follow-up. Price has fluctuated during the year and is at the moment -17% (including dividends). The total dividend during the year was 0.075 $.

The share had a 52-week high of 2.68 $, which was equal to a 60 % gain. Still, a bit short of my get-out early trigger and now the share is in the red.

Glancing the key ratios and balance sheet the share still looks ok, so it will stay in the portfolio one more year.

Q3-14 Q4-15
Price 1.67 $ 1.3 $
F-Score 4 8
Z-Score 3.0 3.6
P/NCAV 0.59 0.5
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2 thoughts on “1 year follow-up, QC Holdings, Inc (NASDAQ:QCCO)”

  1. Hi bargainhunter!
    Did you look at QC again this year? There is a lot of price action at the moment and the discount to NCAV is at all time highs. I contacted the CFO to get the most recent annual report, but nothing so far.
    Best of luck!
    UncleFry

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    1. I’ve only checked the Q1 press release. From an asset side it still looks good, the cash position is up yoy. Feel free to forward the report if you manage to get hold of it. I would not mind if they wound down business and returned capital.

      I quickly stopped making annual updates on the positions, for most of the holdings very little happen from one year to another. Maybe I’ll start making quarterly comments on the portfolio.

      Like

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