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Medical Facilities Corp T.DR

Alternate Symbol(s):  MFCSF

Healthcare
Medical Facilities Corporation is a Canada-based company, which owns a portfolio of surgical facilities in the United States. The Company owns interest in four specialty surgical hospitals (SSHs) located in Arkansas, Oklahoma, and South Dakota, and one ambulatory surgery centers (ASC) located in California. ASCs are specialized surgical centers that only provide outpatient procedures, whereas SSHs are licensed for both inpatient and outpatient surgeries. The SSHs and ASC provide facilities, including staffing, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging, and diagnostic procedures and derive their revenue primarily from the fees charged for the use of these facilities. In addition, two of the SSHs provide urgent care services. The facilities focus on a limited number of clinical specialties such as orthopedics, neurosurgery, pain management and other non-emergency elective procedures.


TSX:DR - Post by User

Medical Facilities Corp
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Comment by blade86caon Aug 02, 2017 12:34pm
119 Views
Post# 26538698

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Medical Facilities appoints Chief Operating Officer

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Medical Facilities appoints Chief Operating OfficerYes I am fully aware what will happen if I sell after a bad quater is released ( If a bad quater report is released I should say ) , I too will take a loss if I sell after the quater release but at that point I will not feel so bad doing it as this company IMO only could then be on a trend of losing money. It will only be time until dividend is in jeapordy.

I had first bought this in low 13$ long while back sold when it reached the high 19$ as i thought it was getting a bit ahead of itself ( everyone was wanting dividends at the time due to rates remaining lower for longer belief ) and then re-bought several times piece by piece while it was heading lower @ an average price of high 13$ now. 

My thesis behind owning this company is for a stable dividend , not for growth.
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