TSXV:RHT.H - Post by User
Comment by
qwerty22on Jun 30, 2023 2:16pm
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Post# 35522701
RE:Silent shareholder
RE:Silent shareholder The business model is neither broken nor firing on all cylinders. There's been enough revenue growth to suggest the basic model works. The problem solving and bottleneck fixing could probably be understood as a scal@bility issue. I don't think Lisa has said enough about the success in fixing adherence to know that what they are now doing differently can be rapidly applied to thousands or tens of thousands of their clients patient. So we still don't know exactly when the acceleration we should see from these fixes will manifest in the bottom line. We still could be in for growth over the next couple of Qs that looks a lot like what we saw in the past few Qs. Paste over that the noise you often see in revenue from one Q to the next, things like @nnual revenue cycles which are common in healthcare and you end up with a situation where it's quite hard to discern the underlying organic growth rate. I think we are in the middle of that grey, fuzzy uncertainty. Wanting more certainty is wishful thinking, it's going the come with each new Q numbers, Reliq are unlikely to give deep enough insight into their business activity in advance to know when these fixes will manifest themselves in the bottom line.
Seems like patience and a longer term perspective are necessary. Statements about the daily change in the SP h@ve little to do with the business and more about the posters emotional state.
Efnjesuschrist wrote: First time posting and I'll try not to make this a habit. It seems obvious that there is a disconnect between what some are saying and what the company is doing. If the reliq haters are correct, why is there so much confidence in Lisa from the industry? If Lisa or the company was incompetent, wouldn't the contracts dry up? They aren't, and if no mention of the Nasdaq in July, probably no intention of listing on it and most likely the company sells to cognizant for 40 times revenues. Any thoughts? If your comment is negative, please provide evidence with your opinions.