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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Bullboard Posts
Post by Sir_Holleron Aug 22, 2015 10:38am
169 Views
Post# 24042655

LOI's - A Buyers Market? Cash is King:

LOI's - A Buyers Market? Cash is King:With market values tumbling and a palpable fear in the market as the markets have their worst week in four years could PHM now get better terms for its  cash acquisitions? Cash has proven king in the last month.

As PHM's Hoyt has been growing his list of potential acquistion targets thereby placing them in increasing competition with eachother helping PHM secure the best terms, the market is also cooperating and may be putting fear in some to take a cash deal. Cash has been king the last month and PHM has a lot of cash and unused debt capacity to execute deals. We may increasingly be in a buyers market given the market turmoil and political risk given the election cycle as Trump leads the Republicans threatening potential big changes and Jeb talks about phasing out Medicare.

At least Hoyt appears deliberative and methodical in his moves and is not impulsively trying to close deals. He's taken time to get to know them and see how they can fit the PHM puzzle. Let the best deals come to him. Given he owns 6.6% of PHM near $1.50 per share he is incentivised to secure the best deal and make the cash and debt capacity go the longest. 
Bullboard Posts