TSE:DR

Medical Facilities Corp. (DR.TO)

17.51
+0.06 (0.34%)
as of Jun 4, 2026, 2:00:14 pm Market Open.
141 watching
0
BUY ON WEAKNESS

Recently sold his holdings. They do surgical centres in South Dakota and Oklahoma. A little bit affected by Obama care, but these are specialized centres that get referrals. Have executed incredibly well. Had thought values were a bit stretched, and didn’t think they were going to repeat going forward what they had done in the past. Good managers. He would wait for a cheaper entry point.

BUY

Solid management team, and a tail wind due to currency. Revenues are in US dollars and dividends are in Canadian dollars. He would definitely take a look at it. 6.7% dividend.

COMMENT

Operates hospitals in the US, and is a pretty sustainable model. Feels the dividend is very safe. He has similar type of exposure with a company that operates in Brazil.

HOLD

Owns medical facilities in the US. It is getting access to assets in the US. They are private clinics and don’t suffer from Obamacare. Valuation is still trying to catch up, however. Don’t expect anything except the dividend. To buy, wait for another dollar cheaper.

BUY

Really well run company for a long time. Totally US business. Benefits from lower Canadian currency. Outpatient medical centers. Consistent, nice dividend. No need to sell. Not a ton of growth here, but in their core 3 facilities they do well.

TOP PICK

Likes the charts. It is at an all-time high. A thin trader, so you have to be careful. Take time getting into it. All-time highs bring in more all-time highs. It is gradually trending higher. The income stream is pretty good.

BUY

Restructured in 08/09 and went into a traditional stock structure with dividend. Well-run business and market seems to agree.

BUY
Acquired in hospital in Oklahoma that does spinal surgeries, etc. Also acquired some smaller hospitals in California. There are concerns about funding from Medicare and Medicaid and overall consumers willing to pay for elective surgery. This is a good opportunity to buy in right now.
BUY
A solid company that he believes is recession resistant. They do out patient surgical centres, largely in North Dakota, which has a pretty stable economy. Feels the dividend is safe.
HOLD
Doesn't own because there are so many changes occurring in US medicine. He is neutral on this. He will be looking at this again in a few months.
COMMENT
Pretty safe investment, but the only thing he doesn't like is that it is a US asset in his personal preference is not to buy US assets. Numbers look good. Very resistant to recession. 12.6% distribution is pretty safe.
BUY
Operates specialty hospitals in the US. Won't be impacted by the tax legislation in 2011. Well run trust. Outlook is good.
COMMENT
They own medical centres in Oklahoma. Patient volumes remained strong. Very good business long-term. Not an income trust so is not caught up in the CIFT (?) Rules.
BUY
Not really an income trust. A paper clip unit of debt and equity that can be separated and trade separately. Will continue to pay a pre-tax distribution quite comfortably after 2011. Good quality operations and staff. Very cheap.
PAST TOP PICK
(A Top Pick July 4/07. Down 7%.) Some concerns in the US with a new president possibly changing policy regarding Medicare and Medicaid. Have a new hospital coming on in South Dakota. Expanded into California. Latest results were quite good.
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