Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions Jamie Horvat
Futuremed HealthcareFMD.TOPAST TOP PICKApr 07, 2011
(A Top Pick Dec 16/09. Down 14.43%.) Supplies to seniors’ homes. Pays a yield of 9%. Missed their growth objectives so he sold his holdings.
$6.85
Stock price when the opinion was issued
biotechnologypharmaceutical
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
COMMENT
Rarely sells after an earnings disappointment. Doesn’t think there is a structural problem with the business. They need to get some clarity on how they will transition into what is in effect a new business model where they will have a growth side.
Sandy McIntyreOwned
biotechnologypharmaceutical
TOP PICK
Distributes supplies such as wound management, chairs, furniture, etc. to retirement homes. Well run. Have already cut their distributions. Trades at 6 times EBITDA.
Michael Simpson, CFAOwned
biotechnologypharmaceutical
TOP PICK
Conservative name trading at 10-11 times PE. Entrepreneurial management team with ownership in the company. Strong market share in the distribution business in healthcare and long term care facilities.
Jamie HorvatOwned
biotechnologypharmaceutical
TOP PICK
Distribution services for nursing homes. Generates a lot of free cash flow. Nursing homes are a growing market. Recession resistant. 13% distribution.
Jean-Francois TardifOwned
biotechnologypharmaceutical
TOP PICK
Distributor of medical products, mostly in Ontario. Just bought a Quebec company, which should grow revenues and margin expansion. 12% distribution is likely to be increased this year. Earnings per share should grow at 10%-20% also.
Jean-Francois TardifOwned
biotechnologypharmaceutical
TOP PICK
He supplied provider to hospitals, nursing homes, et cetera. Healthcare sector so very protected in the event of a recession. Growing between 5% and 15% annually. Generates a lot of free cash flow. Distribution of around $.92 giving a 10% yield plus 10% growth.
Jean-Francois TardifOwned
biotechnologypharmaceutical
PAST TOP PICK
(A Top Pick Feb 15/06. Up 30%.) A very stable business distributing supplies to retirement homes. A lot of free cash flow.
Jean-Francois TardifOwned
biotechnologypharmaceutical
