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Bullboard - Stock Discussion Forum Justera Health Ltd C.VTAL

Alternate Symbol(s):  SCRSF

Justera Health Ltd is a health and wellness management company, which provides Canadians with professional health and medical solutions. With a focus on medical services, the Company offers personalized health and wellness services, such as IV vitamin therapy, personal home care, on-call urgent medical care, nutrition, and health screening services, such as COVID-19 testing. Its healthcare... see more

CSE:VTAL - Post Discussion

Justera Health Ltd > If Nothing Else Changes....
View:
Post by Smokey1958 on Apr 20, 2021 8:03am

If Nothing Else Changes....

.....and we know it already has with the addition of a rapid antigen test this is a company with a run rate of $60 million annually. The antigen tests cost $60 .....so selling only 20,000 of these a month creates a revenue stream that takes the company over $70 million this year.

It would seem Morningstar's Fair Value sp of $.15 is a far more reasonable valuation ....and that was before confirmation of sales this morning. Imho there is no logical reason for SCRN to be under $.20 ....and maybe even a little higher.

Hopefully this NR will put away any doubts about the capacity of the company to maintain their positive direction.

GLTE!!!
Comment by frewil11 on Apr 20, 2021 8:16am
I would think profit margin is only around 5 to 10 dollars per kit.
Comment by FordVictoria on Apr 20, 2021 8:24am
I am sure they are trying to keep same margin of 25 to 30% profit per kit.  FV 
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