Premier Health of America Inc V.PHA

May news

[CauseWhyNot]

Just
thought I'd reach out and see what people thoughts are on their upcoming financials? Anyone hear any chatter?

[CauseWhyNot]

Quiet bunch!!  I am looking for top line growth. Love to see double digits but that is likely a far cry.  Meanwhile, proof they are generating free cash flow by paying down some debt

[colourama]

Agreed, I am also looking for numbers on cash generation for debt reduction. I have an optimism that the numbers might be quite good (no basis or knowledge for it, but just a hunch). On a different subject, how about PHA uplisting to the TSX main board? Would perhaps get more investor eyes on it, especially now their revenue run rate is > 100million a year. Presumably they want to expand

[CauseWhyNot]

Good call! Not sure of what the listing requirement are but they likely meet the minimum.  thanks for the reply. Always good to share thoughts! 

[colourama]

The sell-off the last few months seems a bit overdone to me at this point. Trading at EV/adjusted EBITDA multiple of about $70 mill/$16 mill = 4.4 times, assuming $4mill quarterly EBITDA. I don't think it is unreasonable to be at $0.60 cents or 50% higher from here.

[CauseWhyNot]

Thought we would have gotten financialnafter market.. hopefully this week 

[colourama]

Last year was on May 29th - perhaps next week?

[CauseWhyNot]

I think it has to be by end of month.. last quarter was a few days earlier.. seems like they are getting faster.