WELL Health Technologies Corp T.WELL

My opinions as part of an early institutional investor WELL

[Bondgal]

I won't be replying to any comments. Been following this thread for a a bit. Here are my thoughts

1. Please do not decide on investment decisions from these posts. The comments, although entertaining and some with merit are for the most part guesses and wishful thinking. 

2. Watch out for the punp and dump websites. Motley Fool comes to mind

3. Just my opinions, but WELL won't be sold. They have enough cash reserves. It's been a large play lately of shorting the stocks and  bots. My trader saw a whole bunch of algorithm bots when he was selling .

4. The news updates sound a touch panicky. Of course they are hyping their excellent companies with great upside revenues, but it is also interesting from their last 2 news releases about what they didn't discuss, i.e. the recent companies they bought who may not be realizing expectations. All will be known next quarter . 

5. My guess is as this stock price declines, so does the possibility of a Nasdaq listing. 

6. Roughtly calculated debt to equity ratio is high at 48%. All these small tuck in acquisitions look nice  and may contirbute a bit to profit, but I feel the updates from WELL about these small companies are exagerrated positively. Their more recent acquisition of a cardiology software company for example, is neutral in my view . Doesn't bring more business. 

7. Shares have been diluted for growth. Both pros and cons for this strategy n a growth comapny. 

8. Company suffering from both macro forces, ie telehealth stocks YTD avergae a 35% decline, and micro economics. They marketed as a Telehealth company, but rough calculation is very little overall revenue is from that. Are there players out there to buy the company? Really not in Canada unless a private fund buys them. Anyways my 2 cents. And get off these bulletin boards and put your $ into safer , larger cap stocks  and let them ride for a few years. You will get your losses from WELL back. Can WELL recover? Sure it can , but nobody has a crystal ball.

[BudFoxx2020]

Great points.  I have already said something similar, just not as eloquentley.  I actually do have a crystal ball and it has been working great lately.  Lol cheers.  But once again great points. BudFoxx2020 - (12/2/2021 10:41:56 AM)

[BudFoxx2020]

I haven't post anything recently because I don't want to be the negative nelly when everyone is losing money.   I will be not be posting as often until things turn around.  Because I have absolutely nothing good to say about the markets in general.  Read my Market sentiments post.  Lol.  Anyways, My advise is to ignore all the noise, lot of this takeover talk

[monty613]

I know you said you won't be commenting, but I'd like to address these 2 points. I am surprised to hear them coming from an institutional investor. #4 - both CRH and MyHealth, WELL's primary drivers, were fully discussed in Q3 earnings and on the conference call. there was detailed disclosure about the performance of both businesses. both businesses are the types that have very stable

[monty613]

further to my leverage point - a Canadian pension fund was the lead order on an oversubscribed $70MM unsecured conv debenture offering with a 5.50% coupon, just 2-3 weeks ago. if the market was at all concerned about leverage, there is not a chance in hell this would have been oversubscribed. the coupon would also have been much higher.

[butchtennis]

There are at least seven analysts from various financial institutions...all with a BUY rating on Well with an average target price of $12.00...surely, they aren't all up Shitt's Creek...