Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Skylight Health Group Inc SLHGF

Skylight Health Group Inc. is a Canada-based healthcare services and technology company. The Company operates a Florida-based primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for-service (FFS) model to value-based care (VBC) through tools, including proprietary technology, data analytics and infrastructure. The Company has two segments related to its medical services and software and corporate businesses, which also align with the two countries in which it operates, namely, United States and Canada. It provides a range of healthcare services, including primary and urgent care, sub-specialists, allied health and wellness, and laboratory/diagnostic testing.


GREY:SLHGF - Post by User

Comment by Rc0gburnon Sep 30, 2020 12:48pm
204 Views
Post# 31642161

RE:Anybody know why the sudden interes tin CB2

RE:Anybody know why the sudden interes tin CB2 Eppy - There are a few reasons for CBII recent performance.

1. The company has pivoted their business model to a more universal health and wellness platform utilizing their existing Software and clinical network to include tele-medecine and online services.
2. The comps in this space include DOC, WELL and other names that are valued well in  excess of 5x revenues . WELL might be 20x....
3. With the business shift, the company was able to drive serious support from the investment community, particularly from strategic brokers. A planned $3million raise, anchored by Merida, became a $5million feeding frenzy with follow on orders.
4. At 24c and a fully diluted share count of roughly 125million shares - this values the company at $30million CAD. Super cheap given they are on a 2020 run rate of $15-20million and target much more for 2021.
5. They have lots of cash and are cash flow positive. Not a stretch to think they acquire accretive assets and we see this at $.50c very soon. Dont forget this was 40c-50c when the market misunderstood their business and slowly cratered the stock to 7c in the March Panic

Hope this helps
RC
<< Previous
Bullboard Posts
Next >>