Reliq Health Technologies Inc V.RHT

This is why it popped

[SupremeNed]

https://youtube.com/watch?v=RQqtvlizVbI&feature=share

[Eoj123]

No doubt it had a part to play in the rise. Take a look at one of his recent recommendations, up 141% today on a good NR, up 3,274% on the year. Could he be smelling the same sweet success with RHT? https://www.stockwatch.com/Quote/Detail?U:SAVA

[lscfa]

you're probably right. And there are probably others pumping too.    

[lscfa]

$10/sh by 2024 is over the top pumping.       Using the info from Reliq's slides: $1 billion mkt cap / 176 million Shs diluted = $5.68 $1 billion mkt cap / $100 million revenues = 10x (excessive) 45% ebitda margin x $100 million = $45 million ebitda $45 mil ebitda / 176 million Shs = $0.2557/sh 15x multiple on ebitda => $3.84    

[Humanist]

great post factual information   iscfa. thx for your efforts i didnt even finish listening to the video bc i thought it was unrealistic as well.. and talking about  that 2024 is not helpful when wer'e trying to get through quarters at this point . a lot could happen between now and then..

[Breizh1]

Great video that will motivate buyers. Always the same stories. So,Far, all missed the promised targets. Close to bullpoop in a pile.

[SupremeNed]

Why is it unrealistic? Is tesla share price realistic? Valuations are important ofcourse but are not always a deciding factor 

[theinvestor22]

Actually, you make a very good point.  For smaller, potentially high growth, high margin, recurring revenue SAAS companies in particular, but also for all high potential future growth tech companies in general, the market lately has been anticipating several years' worth of revenue and earnings and incorporating them into current stock prices.  It seems I'm bumping into a great

[SupremeNed]

I think it will matter what s beyond 2024 as well. A lots can happen by then. All they have to do now deliver on their promises and it could past $10. Amazon seems to be interested in their product as well. If you rember few years back reliq tried using alexa but older folks didn t like the voice. 

[Lifeboat]

SaaS companies are generally valued on multiples of revenue at around 8.91x in 2018. https://about.crunchbase.com/blog/saas-valuations/ Even those at 20x multiples of revenue are not always profitable but are generally cashflow positive with growth >30%. If Reliq can be profitable, cash flow positive and grow over 50% a year there is no reason the multiples should not be over 20x revenue

[stockfy]

Some posters have been promoting it all over the boards.....Just fyi.

[theinvestor22]

Lifeboat, thanks for the article.  Very much appreciated.  As you mentioned, the article itself is a bit dated (p/rev multiples are probably much higher now) and these companies are mostly larger.  Here are a few small and more local Saas/telehealth/tech stocks that came to mind:   Healthspace (HS, CSE) - not profitable, trading at 18.4x ttm rev, 15.0x annualized latest Q

[Humanist]

ISCFA  PLS CHECK MSGS

[Calgary1111]

nice, I got 2 friends to buy in recently as well,   one grabbed more yesterday.  They are very happy. 

[Ochung230]

This post has been removed in accordance with Community Policy

[lscfa]

I'll bet Palmer's fund was part of the Nov/ Dec issue of $0.225 UNITs, so he is holding $0.30 warrants too. Hold period ends mar/apr.     . He bought Reliq stock for about 22.5 cents a share.

[lscfa]

That youtube video was a pump and dump. Have the scumbags posted anything since then?  On Feb 2/21  

[SupremeNed]

Havent sold 1 Rht actually i ve been accumulating this whole time. You buy when people like u panick. Good luck pal

[Tdcpigc]

Love Millionnaire pumper, made nice profit thanks to him