dentalcorp Holdings Ltd T.DNTL

Assessment

[retiredcf]

Found this from last Tuesday. GLTA

Q: DNTL saw a bit of a recovery in June but has now slumped again to a near 52 week low ; it's now more than 30% below its financing level of $16.30. Would appreciate your views of why it's struggling so much and the road ahead. 

We think it is a decent buy considering company forecasts and ancillary benefits from government programs. Fears of an economic slowdown and having a leveraged balance sheet are putting pressure on the stock here. A relatively new public that came public just prior to a bear market can be a tough sell in a 'risk-off' market. But, over the next few years we still expect strong growth and margin expansion. (5iResearch)

[anesthesiadoc]

This company is grasping at straws trying to purchase new clinics. Dentists have realized its not worth the 10-11 x EBITA if you can just do a peer to peer sale at 6 x EBITA with no penalties or compulsory service (5 years). After the principals are gone, Dentcorp has been struggling to backfill the void, so they are left with having to hire foreign trained dentists with no clinical skills or