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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (57244)5/17/2016 11:20:00 AM
From: E_K_S  Read Replies (1) | Respond to of 78525
 
Nobilis Health Corp. (HLTH) - closed this out taking a small loss
Community Healthcare Trust Incorporated (CHCT) - small medical REIT low leverage 8% dividend
Calgon Carbon Corporation (CCC) - small add @ $14.87 5/5/2016 on small revenue miss.

Did more DD after my initial buy and delayed 10Q/earnings and concluded that management. accounting can not be trusted. Four CFO's in four years, account receivables are suspect if/when they can be collected and CEO has past history of BK (a solar company) w/ limited expertise in managing a roll-up health care/hospital company.

35% growth in revenues sounds too good to be true and probably is.

FWIW, after I closed my position, company announced another chief accounting officer to help clean up the books. Just sounds to me like more creative accounting.

I moved part of the proceeds into Community Healthcare Trust Incorporated (CHCT). This SA article provides a good overview. Management big shareholders too.

Community Healthcare Trust Is Poised To Profit

EKS