Quipt Home Medical Corp T.QIPT

Folks, it was 2022, remember?

[ol_griz]

Results that reflect holding the line seem very positive to me, given the market context.  Yeah, yeah, we know about the gov't grants, which will not matter in 2023, where we can at least expect about the same performance as integration proceeds and better if the M & A situation is resolved.  2024 should be full steam ahead.  Market seems not to heed the boobirds this morning.  Not hitting guidance is why we are where we are, not a cause for further declines.

I expect north of $7 next year even if steady as she goes is the outcome.  Hopefully the back half will yield better things.

[besttobe]

The market cap of the stock, should be worth one times revenue or 160 mil. Sooner ot later that is where it will end up. IMO  GLTA

[ol_griz]

So you are suggesting approx. 30% drop from here??  As you say, "We shall see."

[gibbonsj]

Ol-hriz I don't disagree with anything you say but I'm a bit confused by what you mean by resolving the merger and acquisition issue. The way I look at it is the failing of many growth by acquisition companies is a developed addiction to acquisitions for the sake of propping up share price. In this case I don't see management falling into that abyss. Instead their measured methodical

[besttobe]

Missing quidance is not good for any company, especially a roll up company that says they will be very profitable once they reach scale. The highly promoted VP of M&A was the first sign of trouble and the second was the CFO not being able to complete the Q on time . Once the big boys and sophisticated investors digest this news, watch out below....IMO Funny, the pumpers on here completely

[ol_griz]

Absolutely agree with you and caution is merited, however, I think most of us would agree acquisitiion has been slower and particularly smaller than anticipated.  The missing VP certainly raises questions so I think we're in a wait and see position as far as company growth goes.

[gibbonsj]

I would say 100% of the time when the frequent posters start complaining about slow progress on the m&a front the company announces acquisitions that were well worth the wait. Given that they have cleared up the debentures and secured a decent financial arrangement to the tune of $110 million I would think a favorable announcement will be forthcoming quite possibly on a scale that we have not