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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 > A few points...
View:
Post by theinvestor22 on Jun 02, 2023 10:25am

A few points...

mingzhu: I like your approach here.  Makes perfect sense.  There might be a bit more delay in getting to your revenue estimate because of normal lag time and unknown amount of time to see your compromise adherence level reflected in financials.  Also, there is a small compliance loss (5-10%?) for patients who aren't qualified in any given month due to illness requiring either hospitalization or in-home care.  Still, if they sell the hardware, that plus increasing adherence absolutely should lead to much greater SaaS revenue.

Mitch43: You should know that Reliq originally did give names of counterparties to contracts but, because shareholders pestered those counterparties relentlessly (even to the point of pretending to be relatives of patients who needed monitoring), Reliq stopped giving out names.  And, who could blame them?  Their lack of transparency is in part a function of our foolishness.
Comment by Mitch43 on Jun 02, 2023 11:21am
Although I do not have such memory all I found so far dated from 2017 is an article mentioning their firs 1000 clients, the share price was around 0 .35 then: PressReader.com - Digital Newspaper & Magazine Subscriptions Reliq Health’s paid subscriber count reaches 1,000 Reliq Health Technologies Inc.’s paid subscriber count has reached 1,000, which represents recurring monthly ...more  
Comment by theinvestor22 on Jun 02, 2023 4:56pm
A couple of things I don't do: 1. Conflate what was going on in 2017 with what's going on today. 2. Conflate day to day stock price movements with fundamentals and potential.
Comment by EdinColorado on Jun 02, 2023 7:32pm
I agree. Looking at the larger picture seems to matter more than getting too ensnared by small scale things, though I am grateful to those looking at the latter and sharing tthat with us. For a good part of this year, RQHTF outpermormed the S&P 500. Growth is slow but documented. Benefits of growth have not yet transferred into a steady growth of stock price. I think that if the CEO remains ...more  
Comment by Mitch43 on Jun 02, 2023 8:24pm
investopr 22, whether you conflate 1- and 2- or not still doesn't change anything by one iota about the fact that today we can't check anything about what Reliq feeds us.and look where that lead the sp. You gave a reason as to why Reliq stopped giving out names, fine with me, however I clearly remember Lisa once giving a diferent reason while responding to a related question, namely ...more  
Comment by theinvestor22 on Jun 02, 2023 10:04pm
Your logic escapes me, I'm afraid.  Not only are you still conflating different things, but you're conflating different people as well.  It's ok to be inexperenced, but irrational doesn't work so well.
Comment by Mitch43 on Jun 03, 2023 1:13am
In vestor 22 We basically know zip about each others, yet you allowed yourself to be gratuitously judgemental from a self-elevated critical position about my character and experience. While it would be easy to respond in kind down to your level, I won't even try... because  It's useless in the first place, it won't change anything about our individuality/personality. We are who ...more  
Comment by theinvestor22 on Jun 03, 2023 8:24am
Mitch43, if you think transparency is the main issue, ask yourself this question: if the company were to release its client list today, would you pay a lot more for the stock?  Or this question: if the company told you how many were onboard right this minute, would you pay a lot more for the stock?  If the answer is "no", then transparency isn't your main issue. Many ...more  
Comment by Mitch43 on Jun 03, 2023 10:12am
No you are choosing to completely miss the point ...Try harder... The fact , we shareholders ( the Co owners) don't know anything verifiable about the contracts, real onboarding,  etc., allows the co to come up with all sort of made up figures to adjust the narrative of whatever they chose to inform us. including what you refer as fundamentals (I prefer to use the word manipulations ...more  
Comment by EdinColorado on Jun 03, 2023 10:35am
"...I have been day tradfing Reliq since 2018."  Explains liking volatility.
Comment by Mitch43 on Jun 03, 2023 11:01am
????  No comprendo!... es posible que tu me lo traduzcas por favor? Gracias!
Comment by theinvestor22 on Jun 04, 2023 9:26am
Well, Mitch43, we'd all like to have more data.  We'd all like to see full, regular and consistent information.  I'd personally like to see internal management reports. I'm not likely to get what I want, so I've made my decisions based on the information available.  That's what we all do for each and every company we're interested in.  This company ...more  
Comment by theinvestor22 on Jun 04, 2023 9:50am
Mitch, there is one thing in your posting I would like to comment further on, and that is this: "I lost track on how many times Reliq promised profitabily next whatever...That in itself speaks volume about what you perceive as good fundamentals...." Actually, this isn't true and the fact that it isn't true is quite important.  Once again you are conflating two things.  ...more  
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