Quipt Home Medical Corp T.QIPT

My Analysis

[Tropicalsun]

Let's go back a bit. Did the below market financing with that ATM attached hurt Quipt ? The ATM was removed shortly after, so that's a non issue in my opinion. The capital markets were getting tougher already for smallcaps to raise money, so I suspect Crawford took advantage of an opportunity to raise some money. Was this a mistake? Possibly yes.

The revenue generating side of this company is great, however Quipt must get to a profitable status to turn the ship around, Crawford knows this, hell we all know that much. The DOJ investigation is an overhead drag on the SP foresure, much like the OIG was for Viemed. This is a random event and certainly out of the control of the company. These things take time to resolve, and Quipt maintains that they have done nothing wrong.

Except for a select few, smallcap interest and real money flowing into the space is meager. Market experts and analyst's seem to be mixed as to when the return of serious money might return. I also believe that the smallcap healthcare space is out of favor right now.

Lastly with interest rates starting to come down, capital markets should be able to provide better access to funds for companies choosing that option, and the fragmented smallcap healthcare space I believe with continue to consolidate, meaning Quipt and other's are buyout candidates. 

The above post is my opinion based on talking to the company several times and analyst's covering the smallcap healthcare space. At the end of the day investors have to make their own choice's and live with the outcome if things don't workout.

[Tropicalsun]

One more point that I forgot, for those of you that don't want to pick up the phone or email the company, the answer to Karls question is to preserve cash right now. Cash is king, that Is why Quipt has not purchased any shares yet under the current NCIB.

[KarlGibbons]

Cash is King.  I agree.  But if that is what was communicated to you, its not bullish.  Annoucing an NCIB and then not using it because you want to preserve cash is not a good look.  Just as claiming you will continue to do M&A tuckins but then don't follow through...might as well tell folks on the earnings calls that the focus is on cash preservation.  The only

[ramman1]

Let's all go back on this a bit.  June 3/23 , I was told to sell at $ 7.26 , as I had already sold most higher and made a good gain .Incidentally since my first foray in  the Dalson /Greene days of PHM at .15  I have never lost money on this name . SO -----  After long talks ,it was explained to me QIPT cannot make money serving 180000 clients in 26 states. --IT IS simply

[Moemoney42]

Well trops.. your analysis is part of the reason I got out.. but yet you didn't..??  The stock price states more than any headline or promise might.. that's where the rubber hits the road.. not assumptions.. :-/