Long termThink about this company in the long term. The vision that institutional investors see is that this company will consolidate the highly fragmented LTC and seniors housing pharmacy industry into a powerhouse in the space. in 10 years CareRX will be the only name in this space I predict.
Looking for them to acquire Medi Systems (Loblaws/Shoppers LTC pharmacy business) as it makes complete sense for both parties. Medi Systems pretty much has a monopoly on LTC and Seniors pharmacy in MB. The deal would reward loblaws shareholders for a piece of the business that is burried deep and likely gets little value placed on it. CareRx gets to grow its bed count and boost rev run rates.