Quipt Home Medical Corp T.QIPT

SHARE BUY BACKS

[heardaroundtown]

Does anyone know if and how many ,shares the company has purchased in their buy back program ?
Why do they talk aboutacquistions when they have such a low share price?

[westcoastlogger]

The only thing I've heard was mention of the NCIB on the CC yesterday and they said they will or are taking advantage of it when conditions present themselves.

[lscfa]

Greg Crawford   We think that we can still acquire companies in this 4x to 5x range prior to any synergies, which is where we've historically acquired companies say in the 20 million and  under space, and that's where we see a lot of opportunity for us in the future, and that will be those tuck-ins.   And then, historically we've got one to two turns of

[heardaroundtown]

Where do they expect to get the funds to pay for any aquistions?Borrow or do an other underwritting?These guys are going to continue pushing the SP down as long as they continue to run  /create a loosing quarter after quarter,.I almost get the impression that they are creating these loses on purpose.For what reason I have my suspecions i.e. doing a LBO ?

[KarlGibbons]

headaroundtown - you are correct on this.  Management has never been good at capital allocation.  They don't really want to do buybacks, even if they should.  The increased size of the company via acquisitions (even if unprofitable) allows them justification to pay themselves more.  Buybacks don't.   Given how the market hates this company, I do suspect one