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Bullboard - Stock Discussion Forum Skylight Health Group Inc SLHGF

Skylight Health Group Inc. is a Canada-based healthcare services and technology company. The Company operates a Florida-based primary care health network comprised of physical practices providing a range of services from primary care, sub-specialty, allied health and laboratory/diagnostic testing. The Company is focused on helping small and independent practices shift from a traditional fee-for... see more

GREY:SLHGF - Post Discussion

Skylight Health Group Inc > $SLHG - Copied from Yahoo post !
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Post by cool888 on Jun 23, 2021 7:37pm

$SLHG - Copied from Yahoo post !

The answer I got today from SLHG:

" Hi Ram -

I can understand your frustration in the share price and understand that you feel there has been a lack of communication from management.

The decline in share price is not representative of any change in the business.

In fact, operationally, the business has never been stronger. The team is very much head's down working on some big milestones that we expect announce shortly.

Thank you for your support and your patience.

Jackie Kelly
Investor Relations
416-301-2949
Comment by lscfa on Jun 24, 2021 12:48am
She's right. The stock price decline does not reflect an undisclosed change in the business. It is due to co. being overvalued by comparing it to Oak Street Health. Oak is not yet profitable and is overvalued too. When a reasonable multiple is applied to ebitda Oak's valuation will decline. 
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