QHR CORPORATION V.QHR

well bid

[thedave2006]

in light of 3.10 offer from loblaws.  maybe another suitor can offer a little more of a sweetened bid.

[Anschutz]

Agree.  During the conference call I recall hearing that the bid was something like 22-23% above the share price's 200 day moving average.  Researching this today the premium is low and should definitely be above 30%.  Considering QHR's growth, recurring revenue, market share and positioning, the bid should be closer to 60% or $4.25 per share.

[Footprint]

Do we have any idea how easy it will be for them to get the vote passed?  I am inclined to hold longer ....  Not sure they need my vote.  Holding .1%

[Anschutz]

By signing the agreement QHR management and BOD have signalled the industry they are willing to sell.  The only question remaining is for how much?  I don't see QHR breaking the deal with Loblaw unless they receive a better offer.  I further expect Loblaw has kept some powder in reserve to counter in the event another company steps up with a bid.  Considering the short time

[Canoutchie]

Regarding the question of Telus' interest: I'm not sure what will transpire, and I agree that QHR will be reluctant to break the deal with Loblaws,unless a better bid comes in.  In my mind, that means we have a floor price of $3.10 for QHR shares.  As mentioned before, I've decided to hold my shares for at least a bit, as I feel this floor price is pretty firm, insofar as

[mjh9413]

Well, call me stupid, but while I was in a quandary about buying more at the $2.40 level I have no qualms buying at $3.10...it's not much of a risk, just brokerage fees!!!!!

[Anschutz]

You're not alone!  Rather than buy last wek I bought some yesterday and more today.  My reasoning was much the same as yours.  At least we'll be spared the brokerage fee when sold for $3.10 if the deal goes through.

[mjh9413]

With the buyer being Loblaws et al I am sure their deal would go through but I expect 100% a new bid to emerge.eom

[TheRock07]

Long wait for me here, but I will vote no. The Telus deal offers higher upside in my opinion . Not that this offer isn't a good one. Its just that Telus could hold significant promise for a double or more to the patient investor...and I have held for several years already