GREY:SLHGF - Post by User
Post by
grosdavidon Oct 16, 2020 3:05pm
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Post# 31729800
Too undervalued honestly, makes so sense...one Motley Fool
Too undervalued honestly, makes so sense...one Motley Foolarticle and this goes banana's. Good thing though is we have OVER 2 Million shares traded today, hopefully strong hands like mine, patient ones.
I have a big chunk of my holdings in Telehealth stocks :
DOC - First bought in at 0,64 $
WELL - First bought in at 2,65 $
Jack Nathan - First bought in around 0,89 $
CBII - As of yesterday
Waiting for AMWELL IPO in the US, looking strong.
Q3 should maybe wake up some people and attract a little more attention.
Hoping to see an acquisition anytime soon.
Acquisitions tend to be benefical for Telehealth stocks because they often acquire for example 1 M$ a clinic which has sales of lets say 1,2 M$ per year.
Market evaluates Telehealth stocks at 8-15 X times revenue multiples right now, therefore this is how DOC, WELL, JACK NATHAN, TELADOC, LIVONGO and many others have grown for the past months. They are securing growth and the result is an increasing SP.
Cheers, patience will be rewarding.
David