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Bullboard - Stock Discussion Forum Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators... see more

TSX:QIPT - Post Discussion

Quipt Home Medical Corp > Ya: So lets talk QIPT without ''wet behind the ears ''BOY
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Post by ramman1 on Feb 07, 2024 7:14pm

Ya: So lets talk QIPT without ''wet behind the ears ''BOY

IMHO:  Things turned sour shortly  AFTER  the ''Great Elm'' aquisition.---The deal it'self to buy Great Elm was (very good,however) it required a lot of debt to finance . QIPT thought 8% was o/k ''short term'', BUT RATES rose  against them, and the chance to get RE-NEGOTIATED  at 6.5% drifted away. Now that the huge intial sell/cross sell is settling in and reducing to a level rate  , the 8% debt turns things negative, ''big time''.------- Action on the older rural outlets not making money , has been minimal. What do you do ???? --Give them away or add via tuck-in to older areas ?? . Tough position,but not making money and dragging down other areas is very tough , NO bottom line. ------------ A  (good company) ,BUT: needing a RE-SET ??,thats my view .  ---$6-$ 6.50 until we see otherwise. .
Comment by Carlito3311 on Feb 07, 2024 10:02pm
This post has been removed in accordance with Community Policy
Comment by westcoastlogger on Feb 08, 2024 8:31am
Great Elm was nothing but a positive and we need another one of those that make it a baby in comparison. The ATM freakout was overblown nonsense about something that would of given us another option for raising capital but yeah, I agree with Gibbons. We need a big deal. 200M. Go big or go home. If you guys were shareholders you could voice your disapproval to management but alas, your not.
Comment by ramman1 on Feb 08, 2024 8:43am
Not really dis-approving of management at all.----- It's wet behind the ear whiners like yourself insinuating that . ------  The boys have a company to run, ''rated in the top 5 healthcare in the country'' for CARE , but you and Gibbons would not know or understand  that .--On the expansion front , the boys will buy a larger company if you want to take on the debt or ...more  
Comment by westcoastlogger on Feb 08, 2024 8:59am
You havnt seen me whining about share price. What are you talking about?? I'm committed to the ups and downs of a vibrant growth company. You want to make an omellette you gotta break a few eggs. Things are progressing well here I feel and if we have to hurt a few penny flippers feelings so much the better. We the shareholders have a say in what goes on around here and your just some ...more  
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