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Bullboard - Stock Discussion Forum Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and... see more

TSXV:RHT.H - Post Discussion

Reliq Health Technologies Inc > Only the $ matter
View:
Post by Mongoose on Apr 14, 2021 6:46pm

Only the $ matter

RHT has decided to only divulge financials that appear on any and every accounting quarterly release like any other company. There is no accounting line for number of patients onboarded or how much they charge a customer, etc. All the spreadsheets require and analysts want are the $ per line item for expenses and revenues.  From those 2 items, the level of growth or level of BS can be determined. For me, everything else muddies up the water and is irrrelevant. I don't sweat the details regarding their specific business model - just the $ matter.

The SP will appreciate if Q results matches earlier Q guidance provided by mgmt. End of story. Analyst projections for future SPs will come from actual past Q numbers, company's track record and mgmt's guidance for the year, etc.
Comment by lscfa on Apr 19, 2021 9:54am
Contracts, schmontracts.     The best promotional NR possible right now is disclose prelim revenues for March qtr.      Why wait until May 31 deadline?
Comment by Humanist on Apr 19, 2021 10:33am
i hope they hear you iscfa especially if they're good, it would be like magic wand to the stock price..  cheers
Comment by aaaaaargh on Apr 19, 2021 2:49pm
 You would  be right if the revenues were surprisingly high.   Unfortunately, there are two possible outcomes....you pick which you think is more likely....
Comment by FanofRHT on Apr 19, 2021 9:17pm
aaaaargh - yes indeed, two possible outcomes, enough said!
Comment by teeswater on Apr 19, 2021 11:06pm
Comment by Aei773ou on Apr 19, 2021 7:21pm
I have the same thought like you, Iscfa. Price will go nowhere but steadily trending down for awhile. However on no preliminary revenue announcement leading to Q3,  two weeks before May 31, I would expect a big price movement to the downside - pricing in a big probability of a weak fins report. New contracts will be ignored by investors as no previous contracts were ever updated. Only real ...more  
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