Post by
ramman1 on Jul 08, 2021 10:23am
Why are we trading at 6.9x, peers at 11.3x
Lack of acquistions'', nothing else . Bring them on, dont just talk about them, get up to 150000 clients, and ''watch that gap fill quickly''. Money in the bank meens nothing,we are not running a small regional bank here. Get the money in motion,that's what it was raised for.
Comment by
gibbonsj on Jul 08, 2021 2:29pm
Small float and patient experienced traders. Nothing more. Not to worry though because in these situations where the company is solid and trading does not reflect that reality the market always gets it right in the end
Comment by
EStreet on Jul 08, 2021 3:06pm
Need some action on the aquisition front to reset the focus, supposed to be H2 action so we could see something any time,,!!
Comment by
gibbonsj on Jul 08, 2021 3:27pm
Me thinks you are correct. Put us back in the $9 range.
Comment by
lscfa on Jul 08, 2021 8:06pm
Throw out Amedisys and Savaria and the peer group is 8.3x.....
Comment by
Trademark11 on Jul 09, 2021 5:16am
Thank you ISCFA, I was going to post that very statement this morning. We are undervalued but not as much as managment's narrative. The whole sub-sector has been in the tank due to issues with AHCO and VMD which have contracted 25-30% in the last 2 quarters. However, IMO QUIPT does NOT deserve a discount anymore....will take time for this to correct.