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Bullboard - Stock Discussion Forum Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators... see more

TSX:QIPT - Post Discussion

Quipt Home Medical Corp > Another CEO interview... busy day
View:
Post by AGResearch on Jul 11, 2020 1:00am

Another CEO interview... busy day

Comment by MrGaiiinz1986 on Jul 11, 2020 2:26am
I'm not sure if others caught that in this interview or not, but Greg let it slip!! At the end of the recent quarter "Q3" they still have over $44 million in cash!! Not $41 million as stated in the recent news release! With increased spending on inventory etc. They still might have more organic growth than currently anticipated! GLTA
Comment by Tropicalsun on Jul 11, 2020 3:08am
Yes i caught that, i don't think it was a slip. I believe i also heard him say that they were in negotiations, not 100% sure, will have to go back and listen again.
Comment by HatrikSeLaine on Jul 11, 2020 11:47pm
He also stated main use for the cash will be M&A. He basically had to be prompted/reminded about organic growth As if it was an afterthought.   We're going shopping, and it's happening very soon.  The train is about to leave the station.
Comment by Eggplant on Jul 12, 2020 9:20pm
This post has been removed in accordance with Community Policy
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