Post by
jdsd0517 on Jun 10, 2022 10:58am
Objective question for longs
This is a sincere question for everyone that is long and believes in the upside.
Present your case that WELL is undervalued. How did you determine that value?
With an enterprise value of $1.1bn, it feels more like WELL is growing INTO its current valuation, than it does that it is creating new value.
Given the conglomerate nature of the model and the disparate types of investments, a sum-of-the-parts approach makes the most sense to me. But given that multiples ascribed to medical practices, it is hard to see much upside (even with the growth).
I am asking for two reasons:
1. below $3, I think this might look interesting and I might buy some;
2. I am trying to spur a serious discussion, not the "rah-rah" vs. "poo-poo" that clogs up this board.