RE:Virtual services IPORealmattersbull wrote: If Hamed separates well into virtual and in person by ipo, it will only be to sell off virtual side, this will leave us shareholders holding a stripped down company with barely no growth. It would be a worse case scenario. Well will get a lot of money for a buyout of virtual services but it would be useless to shareholders because the SP would fall badly and the cash would only be good to buy more clinics which are money pits..Profitable yes but not a growth stock anymore. Rumor has it that all the big cloud companies like AWS and Microsoft are looking to buy EMR companies. Well will be a target. Hamed holds a lot of shares. An IPO cost alot of money. If the IPO is done just to sell off virtual services, then Hamed may just pay out most of the cash in a special dividend, so Hamed gets paid. The company stock price will fall further maybe 2 bucks or more without virtual services. So Hameds shares are worth alot less. A special dividend would be a big bonus to Hamed. Big money AMAZON and Microsoft will overpay for EMR. But the sale will destroy our big payday we hope for in the future. IMO
if they did do this, they would
likely do something with CRH/MyHealth in tandem - either a take-private deal like an LBO (where Hamed would buy his own public company shares and take the company private, while staying on as owner) - or they would just sell the "medical services" side of the company to someone else who could integrate it.
the company is a real mixed bag of assets, that's for sure. Hamed owns a lot of shares - and that is key. the guy obviously wants to rationalize shareholder value and the best way to do that is to break the company up, but maybe he needs to grow it more first? not sure if Virtual Services can stand on its own yet?
in any event, the CERN deal just showed the market how much EMR assets are worth so there is no doubt in my mind that WELL is a target in some way, just maybe not the entire company.