Start of the Day with Chris Forte – QIPT

Posted on July 27, 2022 by Scott Shuda

Is your portfolio in need of healthcare? Do you want to get it out of the ICU and back home safe and sound? How about getting your investing blood pressure back closer to 120/80?

Yesterday Breakout Investor Aaron Warwick published his latest update on Quipt Home Medical Corp. (QIPT) and his prescription reads, “Strong Buy.”

Quipt Business Progresses, Stock Price Should Soon Follow” is the title of his new piece on Seeking Alpha. QIPT is rapidly becoming a player in home healthcare, an area that demographically is a winner. Aaron points out why QIPT is timely medicine.

“I have been holding off on updating the Seeking Alpha community on Quipt Home Medical’s (NASDAQ:QIPT) recent progress until after they report earnings, likely sometime in August. However, QIPT has made multiple accretive acquisitions and announced two material business development wins with large players in the healthcare space recently. On top of that, we could be near a pivotal moment where the company is able to force the conversion of its outstanding convertible debentures into shares of common equity.”

Chances are you know someone that has required in-home healthcare. QIPT provides in-home monitoring and disease management such as respiratory, pulmonary, sleep disorders, reduced mobility, and chronic health conditions.

By providing a broad range of services the Company’s organic growth strategy is to increase annual revenue per patient by offering multiple services to the same patient, consolidating the patient’s services, and making life easier for the patient.

The home healthcare industry is full of small providers, making it a ripe arena for consolidation. QIPT has made an impressive number of acquisitions giving it more economy of scale and geographic reach.

The stock has looked healthy, rising 20% in July and settling at $5.30 yesterday. The 52 week high is $6.99. It sports a small market cap of $176.77M.

Click the link to Aaron’s excellent article and don’t forget to hit Like This Article.
https://seekingalpha.com/article/4526072-quipt-business-progresses-stock-price-should-soon-follow
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QUICKIES
*From Russia with Love: Over two days Europe has seen gas prices rise a whopping 30%! Experts are saying these high prices may last for years.
*
Do you have gas? Antero Resources (AR) is scheduled to announce Q2 results after market close. And no, I won’t pull your finger.
*Did you know From Russia With Love was
Sean Connery’s favorite Bond movie? Now you do. Also the knife shoe used by Rosa Klebb was an actual weapon used by the K.G.B.
*
Paul Rieutort posts on the Feed, “HLIT announces new customer using VOS streaming product.” Satellite operator HISPASAT Peru is using Harmonic’s platform to power robust direct-to-home (DTH) broadcast services. Paul says HISPASAT “…seems to be a solid DTH company in Latin America with over 4 million DTH users and tons of channels.”
*Throw another stock on the barbie:
Weber Grill (WEBR) got charred. It reported disappointing numbers, the CEO is out, and they suspended the dividend. You want cheese on that burger?
*Breakout Investor
Florian Buschek post an interesting read, “Why This Crash is Worse Than 2020 (and Why It Might Be Over Soon)” I vote for that.
*Break the huddle and the bank – Kyler Murray’s $46M average annual value of his contract is the second-highest in NFL history only behind Aaron Rodgers’ $50M. 

Hope makes a good breakfast. Eat plenty of it. – IAN FLEMING

Good luck to all – Chris

 Join us on the Breakout Investor Platform (BIP) to discuss QIPT, AR and other great little companies where our community shares research and analysis.  We seek to be Ahead of the Curve in identifying and owning great companies with catalysts that could make them the next Breakout Investment. Membership and most of the content on BIP is free.

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