Narmar's Posts.....A MUST READTime to revisit an earlier post from Narmar...... Reliq RHT.V-RQHTF
Congratulations! You are a shareholder of Reliq (RHT.V - RQHTF) and are about to make some serious returns if you have the discipline to focus on the big picture.
If you really want to make some real money on Reliq, you must focus on the big picture and tune out all the noise that has started to accumulate on this board and elsewhere.
The fact is, that Reliq is the real deal, which is like finding a hidden treasure on the venture market. All this hype, constant speculation, talks about millions of patients coming from NHS, or this upcoming contract announcement is just unnecessary here.
Real successful companies do not just appear overnight; it takes a tremendous amount of time and effort to build a company and prove yourself to your initial customers before getting on the path to continuous quarter over quarter growth.
In Reliq’s case we are at the point just before we start achieving quarter over quarter growth in the triple digits. We have a confirmed pipeline of +48K patients with multiples of that number on the sideline (customers currently piloting Reliq’s platform, with planned upcoming pilots, or seriously considering a pilot/agreement with Reliq).
So with +36M CAD in future annual recurring revenues, we should be several multiples from here, WITHOUT ANY OTHER contracts. Hence, my initial statement that there is no need to keep on hyping any unknown future news. Don’t get me wrong, I absolutely think that Reliq’s management is working non-stop on expanding the pipeline and I absolutely think we will get some consistent news flow that will keep on pushing the price target further up.
However, my point with regards to focusing on the big picture is the following:
Reliq is currently extremely de-risked and the market knows it. RHT is basically reaching a wider audience that only gets involved in less speculative venture stocks. We will continue to head upward by basically hitting patient milestones. So when we hit 1K, 5K, 10K, 20K onwards, Reliq would have demonstrated to the market the successful implementation of the 2 current customer agreements. The first two (1K and 5K) should happen a few months into the start of Go-Live. I personally think a good amount of value will be unlocked when we hit these two patient onboarding levels. After this is established, each subsequent agreement will carry significantly more weight just by announcing the Go-Live.
So the question of achieving a share price north of a 1$ is not a question of IF but only a question of WHEN. The speculation here should really be if we close 1 or more mega deals then do we hit 3, 5 or even 10$. No one really knows, as there are so many variables that would impact If and when a healthcare institution commits to a pilot or contract for patient monitoring or telemedicine, many of which are completely external and out of Reliq’s control. Just to mention a few, internal politics at the institution, external politics and funding, the general economy, the annual budget allocated to projects at the healthcare institution.
But Reliq is in a fantastic spot with to agreements in place, with many more pilots ongoing, and I am hearing that the company is meeting new, interested, parties on a constant basis.
Also, worthy of mention is that this industry is just in its infancy and there is absolutely no doubt amongst intelligent people that the entire healthcare system is heading towards telemedicine. And that’s just to be able to survive the growing demand from the aging population.
So the train is getting ready to leave the station and there is no slowing down.
So once again, Congratulations if you are on, or about to get on, the Reliq train.
All you need to do now is Relax, have a few drinks, and wait for this monster to unfold.
Good Luck to all,
narmar