Premier Health of America Inc V.PHA

PHA mid-to-long term potential

[colourama]

While we wait to see if everyone sells off the stock to below the price when the acquisition was announced, would anyone have a speculation on what we could be looking at for the mid-to-long term potential of PHA?

If I understand, their vision is a coast-to-coast operation covering all the major markets, with a significant presence in the northern and remote communities. Is there an estimate to the addressable market for PHA? We are approaching $100 million in revenue currently. I could guess that as they progress their expansion into Ontario, that could bring us up to $150 million to $200 million. Then there is BC and further northern communities possiblilties.

[Torontojay]

They have about a 25% market share in the province of Quebec with a population of 8.6 million people.  Given the revenue produced in fiscal 21 this translates to a total market of at least $266.4 million for Quebec. Canada is about 4.4 times the population of Quebec which tells me the total addressable market could be at least $1.172 b in Canada alone. There are other verticals the company

[colourama]

Thanks Torontojay for your comments, everything seems to be moving in a promising direction for the company and I suppose even the possibility of just providing non-medical transport services in other provinces is a vertical which could have potential. The selling here since August 2021 has been non-stop however. I complain about it on this board too much, but it is frustrating to see a series of

[colourama]

(Correction: I meant non-ambulatory medical transport services!)

[Torontojay]

Hi colourama. I just think there's too much negative market sentiment right now. Bond yields rising, inflation still persists,  and the possibility of a recession still looms. I'm not sure what the future holds but I'm very certain that things will eventually turn around. When that happens, everyone will want to own stocks again of all varieties good or bad. We  fortunately