New to NobilisNever liked Nobilis in the past because I always thought the management guided too agressively. I am very impressed by this Q's results. Had a small position bought below $4 in the midst of short attacks. I am adding on a day like today. The only thing keeps me from jumping in with both feet now is cash flows. Once I see cash comes in and default rate remains consistent, I will take a bigger position. Pipeline looks good. A lot of growth ahead.
This is my view. I am assuming many money managers think similarly. The other big problem keeps people away is that right healthcare sector is un-investable due to short attacks. Way too much volatility. M&A strategy, debt on B/S, strong profit growth, and high margin automatically qualify you a short candidate. What a crazy market.
Some people compare this to CRH medical. Based on recent performance, I think NHC is a better investment. Financials reflect NHC's marketing works, which gives the company more organic growth and faster overall growth.
NHC is way cheaper. The only downside is that the company's stock too volatile and has llimited institution support but will change given time. My 2 cents