posted June 24, 2022 03:14 am by TallerCraig
(25)
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
posted June 24, 2022 12:11 am by colourama
(45)
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
posted June 14, 2022 01:23 pm by colourama
(45)
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
posted June 13, 2022 05:27 pm by colourama
(45)
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
posted June 13, 2022 04:54 pm by colourama
(45)
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
posted June 09, 2022 03:39 pm by Torontojay
(296)
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
posted June 08, 2022 02:14 pm by MrBeast
(5)
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
posted June 08, 2022 12:28 pm by colourama
(45)
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
posted June 07, 2022 01:16 pm by snootchybootchy
(51)
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
posted June 07, 2022 12:07 pm by Torontojay
(296)
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
posted June 07, 2022 11:34 am by colourama
(45)
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
posted June 07, 2022 06:35 am by Torontojay
(296)
$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
posted June 04, 2022 09:09 am by Torontojay
(296)
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
posted June 02, 2022 01:19 pm by colourama
(45)
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
posted May 25, 2022 11:49 pm by colourama
(45)
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
posted May 23, 2022 06:27 pm by colourama
(45)
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
posted May 21, 2022 07:49 am by Torontojay
(296)
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
posted May 20, 2022 04:07 pm by colourama
(45)
Torontojay, I agree the macro situation is not so good. The question is how much of PHA's business is sensitive to the macro situation? Nurses will be needed regardless of the overall market
...read more
posted May 20, 2022 03:48 pm by Torontojay
(296)
My concern is mostly macro related. I think the possibility of a recession over the next 2 years is possible as higher interest rates will kill the demand side while the supply issue may never get
...read more