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Bullboard - Stock Discussion Forum CloudMD Software & Services Inc V.DOC

Alternate Symbol(s):  DOCRF

CloudMD Software & Services Inc. is a healthcare service provider. The Company operates through two divisions: Health and Wellness Services (HWS) and Health and Productivity Solutions (HPS). HWS operates through two models: subscription-based pricing using a price per member per month with an average contractual term of three years; and a per-case billing model at an agreed-upon rate for... see more

TSXV:DOC - Post Discussion

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Post by Dartmam32 on Apr 01, 2023 8:44am

Q 4 Coming

We will see the Q4 numbers (for October, November and December 2022) come out this week. Karen has been very quiet going into this release and that should tell you that the numbers will not be good. The number that I will be looking at, is the cash on hand and the cash burn. I hope they still have lots of cash left. The rest will come. The call afterwards will be interesting, as to what she says and can say about the remainder of the year.
 If you have been following my posts over the lasy year, I have repeatedly said that if you are in this for the short term you should sell and move on. You will only keep getting frustrated, asking for Karen to be replaced or writing stupid stuff on the bullboards.
 From talking to two large shareholders that are close to the company, I am being told that the Q1 numbers( January, February and March) will be the first sign that things are starting to work out. These numbers should be released about a month after the Q4 numbers. So probably early May. Followed by Q2 in August and Q3 in November. I am being told that as we get closer to the May numbers the company will start to open up with a lot more news and much more shareholder communication. Its obvious that as the numbers start to improve mangement will want to start speading the news.
 So, in closing I would just warn you not to panick and start screaming when you see the financials this week. The sun will start shining for you if you are just a little more patient.
Comment by AlwaysLong683 on Apr 01, 2023 12:21pm
The problem with bold, overly-optimistic predictions.....past posts by Dartmam: June 2, 2022      DOC Share Price: 0.51   Stop all the BS on this site and just buy the F.....g stock. Its going a lot higher. Over a month ago I wrote that DOC would be looking to sell non core, low margin assets. If you read the financials, they are looking to do that. I was right. On May ...more  
Comment by Dartmam32 on Apr 01, 2023 1:07pm
You are right Alwayslong, we should of gone short a year ago on DOC. If we only knew it would turn out like this. This has not been one of my better investments so far, thats for sure.  In life you always have choices. I started buying DOC in the low 90 cent range. At first I bought a little and I kept buying all the way down. When it went below 20 cents I had to make a decision. Do I sell ...more  
Comment by butchtennis on Apr 01, 2023 4:28pm
On Thursday, Blackberry came out with their quarterly earnings...they were weak....$476 million non-cash, goodwill and long-lived asset impairment charge. Despite that, the stock went up 14 % on Friday. Do you expect more impairment charges for DOC in the fourth quarter?? As well, is all the bad news already priced into DOC'S stock price??...
Comment by Dartmam32 on Apr 02, 2023 8:25am
Those are some good questions Butch. BB went up because the forward guidance was good. If Karen is able to talk about the next few quarterly results, DOC may do the same. Personally, I don`t expect that for a least another month. And yes. I do think that we may see another impairment, but if there is, it would probably be the last, as the CFO is trying hard to clean all that up as fast as he can ...more  
Comment by butchtennis on Apr 02, 2023 11:36pm
I was told by investor relations that they won't need to raise more cash. I expect they will have between $30--$33 million available cash. 
Comment by Dartmam32 on Apr 02, 2023 11:39pm
Wow. That would be great! Thanks. 
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