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Viemed Healthcare Inc VMD

Viemed Healthcare, Inc. through its subsidiaries, is a provider of home medical equipment (HME) and post-acute respiratory healthcare services in the United States. The Company’s service offerings are focused on effective in-home treatment with clinical practitioners providing therapy and counselling to patients in their homes using cutting edge technologies. The Company’s products and services include Home Medical Equipment, In-home sleep testing, and Healthcare staffing. Home Medical Equipment provides respiratory and other home medical equipment, including home ventilation, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) devices, percussion vests, and other medical equipment. In-home sleep testing provides in home sleep apnea testing services. Healthcare staffing provides healthcare staffing and recruitment services. The Company provides home medical equipment services through its interest in East Alabama HomeMed, LLC (HomeMed).


NDAQ:VMD - Post by User

Bullboard Posts
Comment by MBAon Jun 29, 2018 4:50pm
200 Views
Post# 28254047

RE:RE:VMD asking price $4.75 !!!!!!

RE:RE:VMD asking price $4.75 !!!!!!Someone selling but just as many buying with buyers going to the ask all morning. I have not sold any of my recent purchases of 34,500 shares in the low $4s as I believe the valuation is much too low for what the company offers. Also never sold any of my 250,000+ other shares (for the same reason). Having said that, it doesn't mean I won't sell at some point, but not at these levels. As I said, the chart looks very bullish and we should see further upward movement (and of course, there will be some sellers on the way - just normal trading). Bottom line, I really like the underlying fundamentals of this play and I have invested significant dollars into this company. I've owned shares in many companies and this investment looks better than most. IF we get to a 10 to 12 x multiple, I will likely reduce my exposure but if the company can grow at 30% each year, this investment looks good for a long term hold (and especially at these prices with a 7.74 x EBITDA (based on expected Q3 numbers, annualized and today's closing price of $4.60. Risk/Reward still looks good. I don't see much down side risk and lots of upside risk).
Bullboard Posts