Viemed Healthcare Inc VMD

VMD Share Price

[Tropicalsun]

Continues to dissapoint, down roughly a dollar since the CC. People selling shares at this level obviously have no patience, and have no freaking clue what they bought in the first place, likely day traders that bought before the earnings report looking for a quick flip.

I think one day soon, the big boys will be back buying this name, as the core business is showing strong signs of getting back on track. Then the day traders can chase it at a higher price. GLTA

[EStreet]

Ya, actually been a fair amount of down volume US side since it dropped below 10 USD these last four sessions,,. It is what it is,,,,at least its not trading up and down 8% every second day,,.  Theres been a fair amount of rotation out of the Nasdaq and into the miners and even oil is up over 60 USD so just not a lot of interest here,,. Need a brake out Q or an aquisition to get some

[donmayne]

By my calculation, had March 31, 2021 closing price been $11.00 instead of $12.78, the Phantom costs would have been less than 40% of the Q1 actuals.  Go figure!

[donmayne]

At this rate, the Phantom costs will be in negative territory and will add to the bottom line in Q2.  It's counterproductive that a compensation incentive plan can turn negative.  How demotivational! The quarterly fluctuations create problems all around.  Hence the down trend this month. Here is the email that I sent to Glen Akselrod (IR) & Todd Zehnder.  I don't

[gunzod]

donmayne, thanks for taking the time. This is excruciatingly  painful at the moment. regards Off topic I know there are some folks her that are invested in Vicinity motors (formerly bus) Since the name change (BUSXF) my TD does not show any financial info. ie trades bid ask, etc. any help appreciated. thanks

[lscfa]

 the phantom stock plan creates volatility in reported results and bozo mgmt does not even try to back its effects out to reflect reality. I told them this in an email.   .....This understates the cash flow from operations no. and by not adding it back to adjusted ebitda that no is understated too. In the June 2020 qtr a $3.6 million Covid grant was not subtracted from the adj

[lscfa]

  p.s. it is getting smaller and less impactful after the initial pigs feeding at the trough when Viemed was spinout from PHM.     Phantom sh plan           No of Shs o/s Issued Vested&

[Torontojay]

If they stop issuing shares it makes a lot of sense to add back phantom stock expense to get a better picture of its true cash flow potential going forward. The problem is these guys keep issuing shares and it's my opinion that until they stop doing so, it will be a recurring expense.  Looking at the financials I see that $ 4,255 was expensed to sg&a for 2020 and $6,082 for 2019

[lscfa]

I added an estimate for June qtr. which is when the shares vest and new ones get issued.    Let's see if these guys are listening and drop the new issues. Zehnder is out to lunch when he says Q2 phantom expense will be less than Q1.   Todd Zehnder Yes, I think that your EBITDA margins will be back to normal for the rest of the year, really, and that’s going to—that will

[donmayne]

The ability to amend the Phantom Share Plan is in their own hands.  Surely they can amend it to limit the expense fluctuations from quarter to quarter.  I withheld votes for the compensation committee who oversee the plan and could easilty spearhead an appropriate amendment.   12. Amendment or Termination of the Plan

[Tropicalsun]

donmayne, great e-mail sent to the company, well said, and good on you. Just too bad it will likely fall on deaf ears, as it has in the past. I am growing increasingly tired of this rinse and repeat process related to the phantom stock option plan, and properly reporting it. As a result I am really considering exiting my position, sure the future should be, and could be good, however I am tired

[checkup]

This post has been removed in accordance with Community Policy

[jomen1789]

I share your frustration, particularly about the phantom share dividend. But the core business will soon return to its former growth. I say wait until 12 dollars if you really want to exit, you just have to wait 2 1/2 months.  I don't think it will go back up $14 until there is an acquisition, all because of the greedy phantom share dividend.