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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Comment by gibbonsjon Feb 15, 2023 1:12pm
72 Views
Post# 35287829

RE:Valuations

RE:ValuationsYour share price 1 year out is based on valuation multiples at current. The assumption that because they have not changed to date they will remain on changed one year out is seriously flawed. To better understand the multiple going forward you have to weigh it against growth in institutional holdings because they are the only group that can suppress valuation multiples to the extent we have experienced over the past year. If not for them retail investors would typically lap up the abundance of good news we've had and drive share price into the 10 11 12 dollar range. You will notice as volume rises their ability to curtail share price diminishes the same can be said for the effect of their participation diminishing as they achieve their holding targets. To understand this stock one has to really believe that the numbers we see are put there to shake our confidence. Despite what the numbers show us we are very much in a pay-to-play situation and as we approach 2q release the decision will have to be made to buy before share price rises much further as most everyone believes it will. Institutional buyers and their proxies know how to push share price around without having to communicate directly with each other.
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