Quipt Home Medical Corp T.QIPT

Cash all gone and dipping into debt?

[besttobe]

Possibly no new financing nessessary,  if new 100 million credit facility is put in place. That's alot of debt....for an unprofitable rollup with no FCF. 

Chief Financial Officer, Hardik Mehta "The LOI and the letter of intent announced on November 16, 2021, both are expected to be closed using cash on hand and existing debt facility.”

[lscfa]

Only a imbecile would interpret it that way. He meant using cash on hand AND/OR existing debt facilty.  

[besttobe]

ISFCA wrote "He meant using cash on hand AND/OR existing debt facilty.  " Chief Financial Officer, Hardik Mehta "The LOI and the letter of intent announced on November 16, 2021, both are expected to be closed using cash on hand and existing debt facility.” Really? He meant?  I suppose you will be saying the same thing, when they start dipping into the $100mil LOC?

[sebraz]

So you complain about a rights offer because its dilutive and now you're compaining that they've accepted a 100m credit facility to avoid dilution. either cash or credit is a great way to grow the business through accretive acquisitions you must be the biggest moron to not realise this or youre still sore that you have completely called this incorrectly.

[besttobe]

Sebraz"So you complain about a rights offer because its dilutive and now you're compaining that they've accepted a 100m credit facility to avoid dilution. either cash or credit is a great way to grow the business through accretive acquisitions" The issue is, the company is an unprofitable rollup with no FCF, about to go into a pile of debt instead of being diluted. Either way

[brentski99]

Why is B2B here posting all the time if he thinks this company is a pos?

[besttobe]

Brentski wrote "Why is B2B here posting all the time if he thinks this company is a pos?" Because I make money keeping tabs on emotional bagholder retial investors. Part of the rollcoaster ride, which shorters and swing traders like, is when a stock is mostly held by emotional retailers.  At least I and others like me , keep the stock liquid. If everyone held, no shares would

[HatrikSeLaine]

Even considering today's acquisition, they have not even come close to exhausting cash on hand.  This is also not yet factoring pending announced cash flow from Q4 2021 (quarter ended Sept. 30).  

[lscfa]

Stop lying.....     9 mo 2021 9 mo 2021 9 mo 2021 6 mo 2021   Quipt Apria Adapthealth Rotech Revenue 73.2  

[Moogul]

Isn't it kinda funny the same folks who were complaining about not enough aquisitions are now criticizing too many aquisitions... Hmmmm