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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 > So, what's Reliq's potential based on market share?
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Post by theinvestor22 on Nov 27, 2021 3:40pm

So, what's Reliq's potential based on market share?

As noted on RHT's website, in 2016 over 38M Americans qualified for virtual care.  At 2% annual growth, that would be about 42M Americans in 2021.  For each 1% of the market that Reliq garners, that would add about 420k patients to the platform, which times 2.5 cents** per 1k results in a value of about $10.50.
 
How likely is a 1% market share (420k patients)?  Well, the backlog is probably north of 250k now, they're adding probably >100k patients per year in regular contracts, plus there are some larger (200k to 1M?) ones in the works, so it seems likely a bigger than 1% market share will be achieved, possibly 5% or more.
 
So, 1% gets you a value of $10.50.
 
And, 5% gets you a value of $52.50.
 
You choose a market share and see what it gets you.
 
I'm thinking we're just starting to scratch the surface here.
 
**By the way, some folks think the 2.5 cents/1k patients estimate is quite low.
Comment by vitalina2233 on Nov 27, 2021 6:33pm
I like your numbers but it will take awhile. I don't want it to go up to much this year as i will owe the f@cking goverment 100's of thousands already  Pr!cks i do the work,i watch it all day and stress 24/7 and they take half  CROOKS  papi
Comment by Invester123 on Nov 27, 2021 7:21pm
If you don't sell you don't pay..:)
Comment by AhSocks77 on Nov 27, 2021 9:30pm
This post has been removed in accordance with Community Policy
Comment by AhSocks77 on Nov 27, 2021 9:27pm
This post has been removed in accordance with Community Policy
Comment by kentucky77 on Nov 28, 2021 8:50am
AsSock... papi was referring to his huge capital gain from SCR... I was on that BB for a couple of years before the takeover by PENN and know for a fact he did VERY well.  We all have significant capital gains his was among the highest.  Suggest you should just read and learn on this billboard and save the rest of us from your clutter...  
Comment by AhSocks77 on Nov 28, 2021 11:08am
This post has been removed in accordance with Community Policy
Comment by vitalina2233 on Nov 28, 2021 6:46pm
Thanks 77  all from score  I still own some. Thats the biggie, I dont want this to go up till next year as my average is very low and im sure ill sell some,only got 2 days to decide as you cant but back for 30 days  Papi  We got a WINNER here im buyig the dips and instead of flipping im adding to core position
Comment by 3burtc on Nov 27, 2021 7:13pm
Don't forget big data worth billions! Fu#$ it, maybe I'll wait and buy myself two Ferrari's lol.
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