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LifeWorks Inc T.LWRK


Primary Symbol: MSIXF

LifeWorks Inc is engaged in delivering technology-enabled solutions that help clients support the total wellbeing of their people and build organizational resiliency. Its solutions span employee and family assistance, health and wellness, recognition, pension and benefits administration, retirement consulting, actuarial and investment services.


OTCPK:MSIXF - Post by User

Comment by Dickyd11on Mar 11, 2022 9:54am
145 Views
Post# 34506207

RE:RE:$24M loss for the year

RE:RE:$24M loss for the yearAnyone who has operated a business knows in order to move forward and grow, you need to make some changes and those changes cost money.  A large portion of that 24m loss was related to those changes and, of course, the challenges brought forth by Covid-19.  This isn't a stock to day trade, its an investment.  Maybe i'm wrong and it wll continue to struggle, but this is well established company with huge market share, and I can definitely sleep soundly at night with this in the portfolio.  I also find it hard to believe that the value of this company has dropped nearly 50% over the last 6 months because of a couple tough quarters during a pandemic.
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