Justera Health Ltd C.VTAL

Due Diligence

[Smokey1958]

ShonV, FV, Resilience, Bohemian et al .....thanks for expressing sincere and well thought out posts. There are no mind readers with a crystal ball so all one has is the DD carried out by self and following up on the comments of others.

The bottom line is there are only several facts of importance

1. Regardless of market sentiment SCRN is making money.
2. Management appears to have set the company up for (at least) shorterm expansion.
3. NO ONE knows (even the experts) what the next year holds for covid or testing.
4. In the meantime significant testing is still ON and IN DEMAND ....even for those countries seeking to lift restrictions. You can google "Is there still a need for testing ....and then hit News. There are numerous articles, even within the last 24 hours. This is the link and a paragraph from one of them.

U.K. authorities are also examining ways to relax requirements for contacts of those infected with coronavirus to self-isolate. On Sunday, Public Health England announced a trial of rapid testing to see whether the requirement to self-isolate for 10 days could be replaced by taking daily coronavirus tests.

https://www.bnnbloomberg.ca/u-k-very-close-to-turning-the-corner-on-covid-19-raab-says-1.1598277

5. While there may be legitimate concerns for 2022 and beyond ....the whole travel industry may still want mechanisms in place to ensure safe travel as the developing world plays catch up. In the meantime management will have both time and REVENUE to diversify ...rather than having to depend on more share offerings.
 

Any thoughts?

[OHSTweeter]

Good work, Smokey; you're on the right track. We all are, IMO. Moreover, the more passionate we get about this, the more we must remember to occasionally pull away from self-confirmation bias and continue to dyodd. In other words: Industry in Demand: CHECK. Revenue CHECK. Contracts: CHECK. Longevity: TBD

[FordVictoria]

I will add that no one has mentioned that last quarter SCRN had 1.7 million in assets. This recent quarter up to Feb 28 the company did go to 7 millions in assets plus some more added in April with new clicnic and laboratories those assets will be well over 10 millions next quarter this is infraestructure very valuable to the company becuase will be also used for other businesses. I am expecting

[CandyC]

Travel industries may want testing due to liability issues