RE:RE:RE:management said they were sticking to their guidancegibbonsj wrote: Not like management to overstate expectations. Do you think 2023 will be the year of the transformational acquisition?
Speaking with the company IR person a few weeks back, he said that Quipt still expects to meet their forecasted revenue run rate of 180 to 190 million by the end of Calender 2022. I believe they sit right now in the neighborhood of 165 million, so without news of an acquisition of pretty good size, how do they meet the target?
Is it a big deal if they don't hit the target? I think from a personal standpoint, it is to Greg Crawford. He is a man of integrity and likes to keep his word. As a shareholder I to would like them to hit their forecasted target as well. As Iscfa stated 2023 should be a productive growth year, depending on what happens in this crazy world. I have said this a 100 times, when will this company get the trading multiple that it deserves. Though I do agree with most of what is written in all these analyst's reports, clearly the message is not hitting the targeted investment community. These reports are not helping to move the needle, because there simply is not enough investors buying this stock or many other smallcaps.
As far as a transformational acquisition, speculation really serves no purpose, because of course no one knows for sure. I personally see quipt getting taken out before that happens, but what do I know? I have been wrong too many times, to soon old too late smart.