RE:RE:RE:RE:RE:RE:RE:RE:You trolls are so weak Great post Monty, and your comments about Circle and WISP are a great response to JDSD who said: " Saying that WELL can buy health assets for 0.2X revenue and they should magically be worth 5X revenue just because WELL now owns them doesn't make ANY sense." It does not matter whether JDSD thinks this is magic or not, the numbers are there for all to see. However, there all logical reasons as to why the value of assets grow quickly once under the umbrella of the conglomerate that is WELL.
1. Well is an asset allocator and as such has funds to apply to high growth assets within its conglomerate. The CEO has stated many times that it is using funds generated from its high profit but slower growth clinics to fund its less profitable but higher growth technology components.
2. Cross-selling - newly acquired companies have immediate exposure to all other parts of WELL including its various clinics both in Canada and in the States and elsewhere, and with WELLs mandate to improve efficiency in medicine through technology there is a quick uptake of everything offered by the newly acquired company.
3. Synergies - the hated word - applies most certainly, and this goes beyond cross-selling. Admittedly, the company has not disclosed extensive details in its various press releases, and that is probably why sudden value improvement appears to be occurring "magically", but the numbers do not lie.
4. Credibility - every company acquired by WELL benefits from the credibility WELL has within the medical and investment community. This obviously applies to CRH who were able to extend their credit lines substantially post-acquisition.
I also agree completely with your comment about insiders spending time monitoring the peanut gallery on stockhouse. Anyone who believes otherwise is simply delusional. Insiders are running a company, not playing games with small day to day movements in share prices. I assume they care much more about what various managers are saying and doing and could not care less about what you or I or JDSD have to say.