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Premier Health of America Inc V.PHA

Premier Health of America Inc. is a Canadian healthtech company. The Company provides a comprehensive range of outsourced service solutions for healthcare needs to governments, corporations, and individuals. The Company uses its proprietary LiPHe platform to lead the healthcare services sector in digital transformation to provide patients with more accessible care services. The Company operates through two segments: Per Diem and Travel Nurses. The Per Diem segment includes Premier Soin and Code Bleu, two of its Quebec subsidiaries that offer their respective services for nursing and assistance by profile and by region. The Travel nurse segment includes Canadian Health Care Agency, Premier Soin Nordik, Solutions Nursing as well as Solutions Staffing, four of its subsidiaries that offer their respective services to the federal and provincial governments for nursing and assistance, including in remote regions.


TSXV:PHA - Post by User

Comment by Torontojayon Jun 09, 2022 3:39pm
85 Views
Post# 34744930

RE:RE:RE:RE:RE:RE:RE:Updated estimates of FY2022 finances

RE:RE:RE:RE:RE:RE:RE:Updated estimates of FY2022 finances

I agree that patience is the key here. Fundamentals eventually matter in the long run even though it appears they didn't matter last year when prices were skyrocketing nor do they appear to matter now when everyone is pessimistic about the stock market. Somewhere in the middle, when things get back to normal,  is where I believe the fundamentals will eventually converge with its true valuation. 

To use a Joel Greenblatt analogy. You can think of intrinsic value of a stock which is equivalent to trying to determine the number of jellybeans in a jellybean jar. If you ask 10 people in a room how much jellybeans are in a jar then you'd get different answers. Some will overshoot the true total and some will undershoot. Over time, and this could take years, the market will eventually figure out the total number of jellybeans in the jellybean jar. At this point you can make a choice to sell at the intrinsic value if you think the growth prospects are not as promising or if you prefer an alternative investment. On the other hand, you can continue to hold at the intrinsic value if you think the investment will continue to compound above the required investment return. 

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