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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

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Post by Nicksonsnowboar on Jun 30, 2022 9:53am

Destiny

With little support and no catalyst and anemic volume Reliq as previously stated will break its low. The question after that is where is the bottom?
Comment by Invester123 on Jun 30, 2022 10:13am
People are way too concerned about the share price these days.. The SP means absolutely NOTING in today's market as it does not accurately represent the true value of the company. As long as the company is making money and can afford to pay their own bills it is not at any risk of going under. Once the whole market calms down then the SP will start adjusting and eventually will get to where it ...more  
Comment by Tropicalsun on Jun 30, 2022 3:37pm
Invester123 it is a physiological thing, much easier to sleep at night when the SP is $.95 cents versus $.45 cents. These days it is not enough to just be making money, these companies must be profitable to get noticed by both retail and institutional investors. Except for the insiders and those who currently hold shares, nobody gives a rats azzz about RHT or many other potentially good companies ...more  
Comment by teeswater on Jun 30, 2022 6:21pm
Thing is, Reliq is not too far from being profitable. Likely to happen before end of Feb, which is when I think SP will take off. Until then...well....not so much. Deals with Cognizant are coming, likely at least one big deal with them before end of year, and don't forget about large hardware deal that will likely come in the next few months as well
Comment by Invester123 on Jun 30, 2022 6:45pm
Surely I don't have a crystal ball and can't tell exactly when we cross that magic line to real profitability (not adjusted bs that the management is feeding us), but with each passing qr we are getting closer. At first the company was loosing 4m, then 2, last time it was .8m so the trend is undeniable.. BTW today is the last day of the current qr so who knows.. maybe in few weeks we will ...more  
Comment by lscfa on Jun 30, 2022 8:29pm
Profitabilty is not growing so far........     Adj. ebitda 62,235 48,062 74,126 Qtr ending Mar 22 Dec 21 Sept 21      
Comment by cpac on Jul 04, 2022 8:26am
I'm still on the sidelines until a quarterly earnings release confirms what all of the contract wins should be leading to... so far it hasn't happened... if others see what I see it may pop on a really good earnings release, but the flip side is that if they implement a reverse split without stellar earnings, shares could tank post R/S... in this market environment, I'm more ...more  
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