Ben Stadelmann
Medisolution
MSH-T
BUY
Sep 07, 2007
Healthcare market is very competitive. Very difficult to make money on a consistent basis. This company went through a very difficult period and have to do some restructuring in order to get things more under control. They seem to be coming out of that d
Deals with healthcare and are backed by Brascan. Very deep pockets. Over $40 million in revenues. They are on the cusp of profitability. A classic contrarian pick.
He is quite content to sit with this one. They can't seem to make money, but they are leaders in the health sector. Have deep pockets behind them. Brascan is a major shareholder.
Health technology industry. They are a leader in Canada, but have a lot of US competition. Tremendous backers, so have very deep pockets. Seems to be a classic turn around situation. Could see it doubling, but could take a while.
Backed by some very big players. Company has done almost nothing for a long period of time but he is happy to hold it. Whenever dealing with smaller software players there is always a danger.
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