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Medical Facilities Corp T.DR

Alternate Symbol(s):  MFCSF

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

Bullboard Posts
Comment by tollmillingon Nov 09, 2017 6:56pm
163 Views
Post# 26936424

RE:Not the best day for this.

RE:Not the best day for this.

Not sure if you even stock bro.... I mean it's like you fundamentally don't understand the company.

Let's disect your points one by one

Equity decreased but it was almost completely attributable to 15,472 writedown on intangible assets, companies take Goodwill Impairment charges to reduce net income and in turn taxes.

Yes there is a minority ownership in the company....the physicians own part of the facillities thats the entire buisness model....

Now as for the dividend, the payout ratio has been gradually decreasing over the last number of years (down 13.1% from the previous year) to most recently 70.7.
This stocks pays out most of it's avalible cash...why in the devils name would you expect substantial growth? The dividend will grow over time but at a tepid pace -comparably to any other high pay out reit. 

This company has an 12.8 FCF Yield and nearly 9% yield!!! I am long and buying.

Bullboard Posts