WELL Health Technologies Corp T.WELL

Tax loss arrives Earlier this year

[LarryBird]

Stocks such as WELL, which have had a very bad year will suffer from tax loss selling.  With the whole concept of " Adjusted EBITDA " + " Revenue Multiples " being metrics that are forgotten about, Funds and Smart money will not be buying any shares at these prices. You will have people like NoShorts ( opposite to smart money ) and Smokey ( can't figure out if he is almost a criminal pumper or literally the worst investor alive ) tell you how this stock has bottomed. 

Insider selling, market only looking at strong balance sheets ( WELL doesn't have one ) leads me to predict WELL will be below $2.50 before the end of the year and quite likely go below $2 mark. 

I may buy some at below $1.75 as I think CEO will sell this company in 2023 for $3-4 if macro sentiment improves. ( yes I have lowered my buy price again ) 

NoShorts keep fighting them shorts. We need you out there. Not all Heros plant Trees. But you do !!

[Smokey1958]

You're too funny, Larry! First of all in your anonymous and semi-autonomous state you impart some great wisdom on the financial success or failure of individuals that you know nothing about ...really? Secondly you use broad statements to describe very specific events. Take insiders for example. Arguably, as there are several sources for this and none exactly mirrors another, there have

[Smokey1958]

...and by the way, and as I have reiterated before ...it's always about what you purchase and what you sell a stock for. The in between matters little. If you hold longterm and you've done your DD you won't always, but will most often be rewarded. Some work out while others don't ...that is the absolute fact.

[BudFoxx2020]

Smokey you still here, please go away from the board.  We don't need any boiler room con man here.  I checked further back and found 2 more stocks to add to your con job.  It is funny, every single stock you promoted and pumped has had zero rewards.  They were all pumped and dumped and are all near all time lows and untradable beside the occational pump and dump which I am

[Noshortsallowed]

You provide so much less to this board Buttfox.  You continually tell everyone to sell at the bottom. There is never a price low enough for you to suggest a good entry point. You basically suggest that this company (which may become one of the largest owner of clinics in North America because of the fragmentation of the market) basically has NO intrinsic value. And why do you take this

[BudFoxx2020]

NoTurd.  Still crying.  This kid is just a complete moron when it comes to investing.  Eveything he has posted has been debunked and is just absolute nonsense.  I have never told anyone to sell.  I did tell people to have a stop loss always since $8 and the last one I recommended was $6.50.  While noturd kept telling people to buy and average down like himself.  

[BudFoxx2020]

Sometimes the fool is right in front of you but you just can't see it.  This kid been buying everyday since $8+ and he is YOLO....  He should have taken his own advice.... Noshortsallowed - (9/30/2021 9:14:20 AM)  Well share price $7.08 Poor kid, share price was still around $7 last november.  This kid been averaging down since $8+.  Put all his eggs in one

[LarryBird]

Unlike Smokey who is an actual pumper/fraud, NoShorts is just intellectually challenged. He got to the party too late and in his own words went YOLO on WELL when in fact smart money ran the other way. He still thinks the stock is dropping due to Shorts and just doesn't understand valuation. Still talks about Revenue Run Rate, P/S ratios, or adjusted Non GAAP EBITDA...lol  It's boring

[Noshortsallowed]

Nobody believes a single word you say. You come here and say it's going down another dollar no matter what the price is. Intrinsic value is not a concept you understand. You consider yourself some sort of genius yet you get ripped by a treeplanter. Truly pathetic BigTird.

[jdsd0517]

Shite talk aside, what do you think the stock is worth?  Why?

[Noshortsallowed]

Why not wait for Q3 to assess? But if you insist, 8x EV/EBITDA for 2023 puts the stock at $9.  And with organic growth of 15% in Q1 and 21% in Q2 of 2022 this might suggest the multiple should be higher.  The strong US dollar is another factor that may speed up the profitably timeline so I think the above analysis is conservative. Of course you are probably going to say its currently

[jdsd0517]

ok, let's take your numbers (and I won't debate the multiple for now, even though I think it is lower): $9 per share X 223 million shares = $2.007 billion in market cap Net debt at June 30 was $248 million Therefore, at a $9 share price, the enterprise value is $2.255 billion As a result, the implied EBITDA for the year is $282 million, or averaging $70 million per quarter. Let's

[Noshortsallowed]

They grew their revenues by 127% as of Q2. They grew their gross profit by 150% and as of Q2 were growing at 20% organically (according to their website at least). You use numbers dating back to last year yet I base my numbers on their expected growth (something that seeks to put a value itself in the prospect for growth for which well is particularly suited to do in this inflationary environment.

[Noshortsallowed]

And aside from that other growth stocks in those sectors are trading at multiples of above 20x for EV/Ebidta 

[jdsd0517]

For the sake of sanity, I am going to condense your three posts into one. The cash flow to minority interests is NOT immaterial; for the last quarter alone it was 27% of adjusted EBITDA.  I am not undervaluing anything, I am ignoring the cash flow that doesn't belong to WELL in my calculations, which is standard financial practice.  It might be the case that they can buy those

[Noshortsallowed]

Q3 is coming and the latter half of the year is going to show the fruits of all the cash flow (that could have been EBITDA had it not been reinvested) because WELL has been investing heavily in WISP and Circle medical.  That's probably why you wanted to trot out their essentially flat EBITDA as a result of all that investment to suggest they aren't really growing all that much.  

[jdsd0517]

Again, consolidating your two posts into one response here That is true, you did not say that directly, but it was glossed over.  You are correct in that WELL has "call options" on some of these businesses and that they are not reflected in my numbers.  The easy fix to that is to estimate the value of those options and add it to the top.  If those options are worth, say

[LarryBird]

And can we PLS stop comparing WELL to AMWL just because their names sound the same ? One's biggest source of revenue is CRH, a stock that market at most gave a very low multiple and then clinics which no one can say it's " high margin " business.  Multiples are a function of growth & profit margin. WELL backfilled it's numbers by buying CRH. Only part of WELL

[Noshortsallowed]

Yes you're right WELL is destroying AmWELL on every value metric 1 ps ratio of 1 for well and a ps ratio of 3.65 for Amwell 2. last quarter for AmWELL was less than half of WELLs 3. Amwell isn't even EBITDA  positive while WELL is cash flow positive 4. WELL's growth trajectory is still skyrocketing and AMWELLs is flat. you walked right into that BigTird. Leave the big boy

[Noshortsallowed]

Also that's a lie that CRH is the majority of revenue. It's between a third and a quarter of their revenue.

[BudFoxx2020]

JUST A QUICK WORD OF ADVICE.  NEVER TAKE ANY STOCK ADVICE FROM A TREE PLANTER.  THIS CLOWN HAS BEEN AVERAGING DOWN FROM $8+.  IT IS EMBARASSING TO SEE THIS CLOWN SITS HERE AND STILL ACTS LIKE HE KNOWS ANYTHING ABOUT STOCKS OR THE MARKETS.  WHAT A CLOWN.   I BET THIS TREE PLANTER'S FAVORITE STOCK AND BIGGEST INVESTMENT WAS SINO-FOREST.  LOLOLOLOLOLOL. 

[LarryBird]

Ok NoShorts. You are right. WELL is by far the best company in the entire market. It is just due to a Short attack that the stock is down. Banks and Funds are too dumb to see the value and insiders are too dumb for not loading up at current prices when WELL is for sure a 9$ stock.  You are just too educated for me. I tend to agree with other post which puts the fair value of WELL at

[Noshortsallowed]

Oh look Buttfox and BigTird have nothing of value to say other that. "Look the price came down, I'm an expert but can't make any comment on valuation.. all I can do is refer to past price performance" at least Jsd05 can actually come up with an argument. You guys are the cheap paid troll version of him. At least he is willing to recognize the potential for upside whereas the two

[BudFoxx2020]

LADIES AND GENTS ONCE AGAIN....  NEVER TAKE ADVICE FROM A TREEPLANTER.  A FOOL WHO LOST ALL HIS MONEY AND IS GIVING ADVICE...  LOLOLOLOLOLOL. Here is a timeline of how a tree planter lost his money in the markets chasing the bottom and dollar cost averaging from $8+ to $2.89.  This is a StockHouse TRUE E Hollywood story about.   THE TREE PLANTER WHO WENT YOLO

[rznimrod]

At this point, I'd have to agree with Bud.  The share price speaks for itself.

[Noshortsallowed]

You know nothing. BigTurd, everyone can see that whenever you try and make a point other than "hey duh the price went down"... it was evident when you put your foot in your mouth about the AmWELL comparison and everytime you open that saggy mouth on that fat bald head of yours.

[LarryBird]

Yes you're so right. Clinic business should get the same multiples as AMWL lol also there is a lot of " Technology " in WELL. Otherwise why would the word be in their name ?  you remember when you were having a meltdown about WELL buying their own shares back ? Go back and look at your comment history. How did that work out for you ?   During the last year you have

[Noshortsallowed]

Wow you are exceptionally dumb. Did you even look at gross margins for both companies before commenting? Do you even realize that WELLs margin is higher than Amwells? This is why nobody should trust a thing you say. You are either a liar or you are ignorant? Which one is it?

[LarryBird]

You're too angry for me to keep trying to educate you. I feel sorry for you. I really do as I can sense the severe frustration in your posts. How about you stop coming at me with all that anger and keep losing your life savings without so much noise Lol You just keep falling for the promotional stuff and repeat it. - You think having a Call Option to own 49% of a company is like owning

[Noshortsallowed]

You comment on things you actually have no knowledge of. Don't be so smug and presume to "educate" when you prove over and over you don't know what you're talking about. You don't even understand why certain companies are given higher multiples than others or else you wouldn't have made that comment about Amwell. I think you don't want to converse anymore because

[Noshortsallowed]

And by the way I didn't say that the reduction by 27% was immaterial, my point was that you are discounting that value in full without attributing ANY value to the value of rights of refusal and buy back guarantee terms or the fact that through having operational control they can force those minority interests to subscribe to their other services. Remember WELL's strategy is all about

[Noshortsallowed]

And while in certain sections of the company there is cash flow going to those minority interests you under value the fact that they have a right of refusal and operation conrtrol of the underlying asset.  Multiples have been compressed but if the narrative changes with respect to the narrative surrounding easing of QT then those multiples could easily reverse direction. 

[LarryBird]

I'm going to count until 10 and I bet we will see the most senior insider here pop up to debate this.  btw, thanks for this. By far the most educated unbiased analysis on this stock lately and in my mind why banks and funds are staying away.  finallt I bet you anything they will issue more stock as they will need money soon. 

[LarryBird]

Smokey, the biggest case against WELL now is that we have a confirmed/verified failed pumpers like you talking about what a good buy it is.  listening to you is like going to a Bald doctor and getting advise on how to keep my hair from falling out.  also just to save you the time for next post, I stopped reading your posts a long time ago. Without being rude, I have to say there

[Noshortsallowed]

Haha. BigTird is fat and bald.

[Smokey1958]

Clearly you're reading the posts because you replied to this one. Try your best to get it straight and ....offer some fact based reply/argue AGAINST the points I made regarding WELL. The fact that you haven't done so once suggests you and BUDD are now sharing a straitjacket. * Revenues from $10 million to $500+ million in 4 years * Analysts continue to promote the buying of WELL stock

[jdsd0517]

I didn't see an answer to my responses