posted November 15, 2022 08:25 pm by colourama
(45)
Do you think though with such large ownership already (about 40-50%?), should we be expecting large insider buys? I don't know if the lack of sizeable insider buying is a negative on the stock
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posted November 15, 2022 06:42 pm by Stonksonlyup90
(58)
Need to see some sizeable insider buying to bring confidence back.
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posted November 15, 2022 02:36 pm by Torontojay
(296)
The stronger my conviction. This will most likely get back to over $1 when the market turns around in the next 12-24 months and possibly sooner. I'm 99% sure this is how the story will
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posted November 15, 2022 10:48 am by colourama
(45)
This is definitely good news, although I guess we should perhaps temper expectations since I've seen companies institute a NCIB and never use it to buy back shares. I am hoping PHA makes good use
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posted November 15, 2022 09:51 am by Torontojay
(296)
I completely agree. It's a good signal to the market that cash flow is strong and can support debt service payments and share buybacks.
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posted November 15, 2022 08:42 am by stockrook86
(94)
My one slight concern for PHA has been the relatively high (compared to market cap) floating rate debt. This relives that completely, signal that cash flow is strong and that there is no issue with
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posted November 15, 2022 08:24 am by Torontojay
(296)
The company is trading at around book value which will improve its book value per share metrics for every dollar of market value purchased below book value. The company is generating
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posted November 10, 2022 01:57 pm by Torontojay
(296)
Regarding the debt situation I'm not at all worried. Off the top of my head it's $21m in debt in $9m in cash and I think I have interest rate at 5.8% (going from memory) At
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posted November 10, 2022 12:12 pm by colourama
(45)
Stockrock86, I agree on all your points. The stock just doesn't seem to be able to get any support whatsoever. We are actually trading below book value now, so investors seem to think the company
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posted November 09, 2022 10:22 am by stockrook86
(94)
Agreed, I think the company has great prospects with multiple tailwinds given the long-term backlogs in healthcare there should be more use of their services. My only concern with the company
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posted November 09, 2022 10:17 am by colourama
(45)
Torontojay, thanks for your analysis, I largely agree although I think the revenue number may be a little softer. The market is treating the company like it is going bankrupt.
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posted November 06, 2022 09:23 am by Torontojay
(296)
We should get an additional $500k -$1m in revenue from the full quarter of CHCA results which should provide an added boost of up to $100k in ebitda. I expect a further decline in revenue from
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posted November 03, 2022 11:41 pm by colourama
(45)
Does anyone have any estimates for the top and bottom lines in Q4? I haven't come up with any numbers but here is my list of things to look out for: Positives: - Full quarter of the CHCA
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posted October 31, 2022 04:58 pm by colourama
(45)
Although I am not bearish on PHA, here are reasons that I can come up with that might create a bearish case to echo your comments Torontojay: 1.Concern about decline in revenues: MD&A sets out
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posted October 30, 2022 09:34 pm by profitprophet1
(118)
Well, Mr. Short Role Player, you haven't convinced me just yet. Not by a long shot. I do think that there will be decline in covid related work, but as for years of declines, I'm not buying
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posted October 30, 2022 08:17 pm by Torontojay
(296)
I'm going to play the role of a typical shorter who has no faith in the company and believes the decline in price is warranted. Ok let's begin. Premier Health Of America experienced
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posted October 05, 2022 06:49 pm by Stonksonlyup90
(58)
Also adding to my position today, compelling value - steady positive free cash flow/EBITDA with a long runway of growth/consolidation opportunities. Illiquid stock in a tough environment for small
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posted October 05, 2022 03:42 pm by Torontojay
(296)
I added today at 36 cents. Trading at around book value with about half of its market cap in cash. This is the most attractive health care stock that I can find. If the stock
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