CML HealthCare Inc CMHIF

volume

[vanderhoof]

Once again huge volume trading ---- and still 4 hrs to go today. Does anyone have any idea who is doing all the buying?  There must be some very big individual trades.

[longrun]

Retails are buying big Lots of Td volume ,,Yield is at 14 % now FK ...if they cut by 50% thats still 7 % yield with Good business platform

[sirbarfalot]

Perhaps you are asking the wrong question. Here's a thought. Let's suppose an Ontario MOH fee cut drives Lab margins from 30+% down to 20%. Still healthy but for CML would mean about 42 million in free cash flow (allowing for some private market lab revenues and that the xray clinics break even).  That is approx. 50 cents per share. A P/E of 8 (since there is no growth and no

[vanderhoof]

A yield of 7% won't be very tasty for all those who were part of the 1st day of high volume on Nov 8th when it went from a high of 8.35 to end at 7.16 and now after more high volume trading sits in the 5.60's. I would be surprised at brokers advising all their retail clients to buy during the last 3 trading days.  If there are so many willing to "gamble" at the prices the

[vanderhoof]

sadly,   you may have hit the nail on the head    ---- and that simple observation is what leads me to be mystified at the high volume ----  why so many buyers or if not number of buyers why so many wanting to buy big lots ( altho looking at the tsx site I have not seen any big trades  -- largest about 1400 shares, the rest mostly below 500 so I am guessing that there has

[corvette67]

My bet is and was, that, in line with the government's dealings with its' labour agreements, is that a freeze will be more likely than an MOH cut. GLTA

[longrun]

Badly oversold now ,,investors would have to come back to CLC for Juicy Yield ,,once these 500-800 trading Suckers are out of the stock it  will bounce back to 7 bucks,,all major house taget prices are above 7.50 now between 7.50 to 10

[sirbarfalot]

The Q3 numbers were bad. However they dont quite justify the current share price. At midday the volume suddenly died suggesting the smart money couldn't wait to get out of Dodge and now the dreamers are left confabulating and/or inhaling deeply. This thing has a bad feel to it, worsened by total silence from the company's management. If CLC doesn't retrace today's loss, expect the

[longrun]

Told u so yesterday that it will come back what a Buying chance it was at 5.50 range ,,,now back to 7 and above 

[corvette67]

I still have my half position at $5.53 but i would not be a buyer here. In this case, mgmt silence is NOT golden.