Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Premier Health of America Inc. V.PHA

Premier Health Of America Inc is a Canadian Healthtech company that provides a comprehensive range of staffing and outsourced services solutions for healthcare needs to governments, corporations, and individuals. The company uses its proprietary platform to lead the healthcare services sector digital transformation to provide patients with faster, cheaper and more accessible care services.

The Market Herald Price Sensitive
{{currentVideo.title}} {{currentVideo.relativeTime}}
{{currentVideo.storiesTitle}}:
{{story.companySymbol}}
{{story.companySymbol}} {{story.headline}}
< Previous bulletin
Next bulletin >
View modes: 
@ the Bell: Summer blues for TSX, Wall Street sees worst half since 1970
On the last day before the Canada Day long weekend, the TSX finished lower by triple digits in broad-based decline as commodity prices fell. Energy and base metals led decliners, while near 20 per... read article.
Buzz on the Bullboards: Sizzling sector highlights
It has been a sizzling few days recently for most of North America, both weather-wise and for investing discussions. The markets face a rate hike in the U.S., ongoing inflation, rising oil and... read article.
@ the Bell: Markets across the globe see red
Canada’s main stock index was down by triple digits come Wednesday’s close, amid losses in the energy, base metal, and technology sectors. Telecom and industrials moved higher. ... read article.

RE:Just another ho-hum day

It's probably got another 50% in it!! Was waaayy undervalued.  rate and reply

Just another ho-hum day

Only up 66% today...lol...quite the roller coaster.  rate and reply

RE:Down 75% from its 52 week high

  Not a bad idea to lower your cost dollar average. This is how people enhance their long term returns by purchasing stocks you have high conviction on when it drops by double digits. ...read more

Murphy’s Law in Stocks - Trading <2x EBITDA…

I had a long hard look in the mirror this morning, a big cup of coffee looked at my EBITDA estimates one more time than invested my last dollar of cash on the sideline into Premier Health today.  ...read more

Down 75% from its 52 week high

Incredible price action (or perhaps brutal is a better word), now down 75% from its 52 week high of $1.40 to $0.35. The stock wasn't even extremely overpriced in my opinion at $1.40 like other...read more

RE:RE:Today's price action very predictable

38 cents anyone? Now at a marketcap of $21.5m. The punishment of the stock price is strangely unforgiving, even relative to the overall market conditions.  rate and reply

RE:Today's price action very predictable

I should add, PHA operates in a somewhat recession-proof business area - medical services/staffing is not something that is needed less of because of a downtown in the economy. We surely must be...read more

Today's price action very predictable

I am not really surprised at the sell off, now down to 41 cents, given the overall market conditions, but it is encouraging to see a very strong bid of 200,000 shares at 40 cents. Readying my next...read more

RE:RE:RE:RE:RE:RE:RE:Updated estimates of FY2022 finances

I agree that patience is the key here. Fundamentals eventually matter in the long run even though it appears they didn't matter last year when prices were skyrocketing nor do they appear to matter...read more

RE:RE:RE:RE:RE:RE:Updated estimates of FY2022 finances

I agree there is huge upside here at this price when you look at the financials, I beleive margins are the only thing holding it back in that sense. But your right it think the main thing is just the...read more

RE:RE:RE:RE:RE:Updated estimates of FY2022 finances

Thanks for the chart snootchyboochy, who knows where the bottom will be for PHA (and the sector in general). No one is interested in investing here at the moment - perhaps viewing it as a "has...read more

RE:RE:RE:RE:Updated estimates of FY2022 finances

The market has been very hard on nearly all companies in the sector. The other day, there was this five year chart posted showing the share price of the XBI ETF. It's been very brutal since...read more

RE:RE:RE:RE:Updated estimates of FY2022 finances

Hi Colourama, from the latest financials the sum of debt (long plus current= $ 11,153,460) and the sum of lease liabilities (long plus current= $ 933,020) - cash on hand ($6,352,272)  = $5,734...read more

RE:RE:RE:Updated estimates of FY2022 finances

Hi Torontojay, thanks for your analysis. Are you including the $6.3m in cash the company has in your above numbers? I am assuming that the -$5.73m is their existing net cash (cash - debt) prior to the...read more

RE:RE:Updated estimates of FY2022 finances

$7.4m in ebitda using a 10 times multiple gives us a share price of ($74 - $5.73 - $14.5)m  divided by the total number of shares outstanding (55.84m) gives a share price of about 93 cents. If we...read more

RE:Updated estimates of FY2022 finances

Hi Colourama. It's nice to see a financial forecast for the year.    Year to date we get ~ $36m or the equivalent of $18m per quarter. R~ $36m + $18m*2 + $6m*1.75 =$82.5m ...read more

Updated estimates of FY2022 finances

Now that two quarters of FY2022 are in the books, I thought it would be interesting to see (in a simple way since I am not a financial expert), some basic estimates for the year, to get a hold where...read more

Brutal

While we are not the only stock to have been slaughtered, the low float, low volume, trading gives us wild swings - unfortunately mainly on the downside from people dumping their couple of thousand...read more

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Thoughts on Q2 2022 Results?

That's definitely a good point to consider. Recently if I am not mistaken, they completed a technological roadmap so I assume that they have a good sense of their platform versus a competitor. It...read more

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Thoughts on Q2 2022 Results?

The biggest bear argument would probably be how strong is their competitive advantage with their psweb platform. My concern may be that a competitor may be able to easily replicate this technology and...read more