TSXV:RHT.H - Post by User
Comment by
PoorOpinionon Jun 01, 2018 1:47pm
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Post# 28112407
RE:RE:PROBABLY TRADE THIS LEVEL FOR A FEW MONTHS YET
RE:RE:PROBABLY TRADE THIS LEVEL FOR A FEW MONTHS YETI actually took away a different message from the conference call. Certainly Lisa was excited about the potential in the pipeline but she was messaging that we are still in that transition phase and that excitement would still take some time to convert into new contracts and on-boarding. For example she talked about the fact that investors should be more focused toward the end of the calender year than on each quarter, she also talked about the hardware solution coming online through the summer and later in the year I didnt get the 1000's of devices are shipping soon. If acceleration is to come it sounded to me like its still at least a Q away. The pipeline is still dominated by Texas, which is dominated by the hardware issue and while a solution has been found that's still to be fully actioned.
btw I thought she did a great job again, very honest about the problems.
digitel wrote: "she will probably trade around here for the next few months until we see how she is making out come her next quarterlies."
In the conference call it sounded like new clients are champing at the bit waiting for the hardware shortage to end and that ends sometimes in the next 20 BUSINESS DAYS. New contract announcements could be within a few weeks not months. A news release that the shortage is over and RHT is back onboarding patients now at a higher onboarding rate could also be announced in weeks with the end of the hardware shortage. RHT is also developing prospects not reliant on the hardware that is in shortage.