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.

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Medical Facilities Corp

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Comment by nini222on Aug 08, 2017 3:28pm

198 Views

Post# 26557839

RE:RE:RE:Another bad day

Agreed this seems over-done. It's down 30% since they announced the CEO departure. Q1 wasn't great but was far from justifiying this drop. The FX hasn't helped but it also is far from being material at this point.

They have $50M+ in cash and a solid balance sheet , free cash flow is covering the dividend, and it's currently trading at somewhere close to 15% Free cash flow yield (Free cash flow / enterprise value). Long DR.

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