Continental Home Healthcare -A Demographic Play

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical
Continental Home Healthcare -A Demographic Play

An SI Board Since February 1999

Posts	SubjectMarks	Bans
69	1	0

Emcee: Edward W. Richmond	Type: Unmoderated

Introduction Compact

Continental Home Healthcare (VSE: CHT) is a profitable, fast growing, undervalued company specializing in the retailing and servicing of equipment and supplies for home healthcare and rehabilitation.

Their products include, but are not limited to, the following:
- Mobility Aids (i.e. power and manual wheelchairs)
- Aids for Daily Living (i.e. bath safety products, grab bars, etc.)
- Patient Lifting Devices
- Miscellaneous Aids (i.e. driving aids, beds, other small medical products)

The company is experiencing both internal growth and growth through acquisition.
Consolidated Companies (100% owned by CHT) include:
- Continental Home Healthcare Ltd. (Kamloops, Kelowna, Penticton and Vancouver, British Columbia branches)
- Continental Home Healthcare Holdings Ltd. (Delaware)
- Continental Hospital Supply Corporation (Glendale and Indian Wells, California, and Las Vegas, Nevada). The Indian Wells operation was acquired in March 1998 and the Las Vegas operation was acquired in September, 1998, both by way of asset acquisition and operate under their former business names, Hopson's Health Equipment Center (Indian Wells) and Mesa Medical (Las Vegas).

Continental is positioned to meet the growing demand for home healthcare as the aging babyboomers require more medical care which healthcare budgets cannot fund in institutional settings. Medical care provided in the comfort and security of home is a growing phenomenon and is one partial solution to skyrocketing medical costs.

Sales in the first nine months of 1998 grew to $9,58M from $1.88M (+509%) for the same period in 1997. During the same period, gross profit grew to $5.15M compared to $0.74M (+697%) for the previous year. Net income for the nine month period was $504,012 in 1998 compared to a loss of $1,028,316 in the first nine months of 1997. The growth in revenue and in the bottom line is expected to continue as the demand for healthcare continues to grow in the early decades of the 21st century.

As of today (February 17, 1999) CHT shares trade at C$0.72. With 11.45 M shares outstanding, fully diluted (float 6.6M), the market cap is $8.24M. The company is expected to have 1998 sales of $13.5M. (Sales were $9.6M in the first three quarters) i.e. It is trading at less than 1998 Q1 to Q3 sales and at about 61% of 1998 anticipated sales.

I believe that Continental Home Healthcare (VSE : CHT) is an undiscovered, extremely undervalued stock with tremendous upside potential for the short, intermediate and long term investor.

Regards,
Ed Richmond

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
69	Nice Q2 results It looks like demographics and good management are beginning to	Edward W. Richmond	-	8/23/2001
68	Quarterly Results Compared I find the results to interesting and positive. I hav	Edward W. Richmond	-	5/30/2001
67	Here's the news. biz.yahoo.com Continental Home Healthcare Reports First Q	Edward W. Richmond	-	5/29/2001
66	Things are looking up. Positive revenue, earnings and stock price. More later.	Edward W. Richmond	-	5/29/2001
65	Stock - Price Action?? Does anyone know why the price action has been so strong	Edward W. Richmond	-	5/7/2001
64	Continental Home Healthcare Acquires Carepoint Health Services Inc. Glendale, Ca	Edward W. Richmond	-	1/4/2001
63	Garth, that's how it was explained to me by management. It does make sense.	Edward W. Richmond	-	7/7/2000
62	Interesting! I think I understand. So if the shareholder equity <i>per sha	Garth Richmond	-	7/7/2000
61	Garth, I finally have an answer to the question of potential dilution caused by	Edward W. Richmond	-	7/6/2000
60	"By the way, I don't understand how the EPS and fully diluted EPS are o	Edward W. Richmond	-	7/4/2000
59	I had a look at their current info and I would have to agree. They managed to co	Garth Richmond	-	7/4/2000
58	I attended the AGM in Vancouver. Probably the best news item is that stock opti	Edward W. Richmond	-	7/4/2000
57	Quarterly Results Compared I find the results to interesting, if not a little c	Edward W. Richmond	-	6/14/2000
56	Year........Revenue.....Net Earnings.....Earnings/share 1999...........19.36M..	Edward W. Richmond	-	6/13/2000
55	This is the later post. I have done a little calculating to get an assessment o	Edward W. Richmond	-	6/13/2000
54	I was on a Panama Canal cruise when these results were distributed. Sorry for	Edward W. Richmond	-	6/13/2000
53	I guess this is at least part of the reason for the current price rise. Hopeful	Garth Richmond	-	3/11/2000
52	I guess this is the news we were looking for. I am surprised that CHT would qu	Edward W. Richmond	-	3/10/2000
51	The price action and volume are looking good. Any news? Regards Ed	Edward W. Richmond	-	2/29/2000
50	After reviewing CHT's numbers and the prognosis for Q4 and beyond, I decide	Edward W. Richmond	-	12/22/1999
49	Continental Home Healthcare's Q3 results show revenues of $4.7M compared to	Edward W. Richmond	-	12/10/1999
48	FOR: CONTINENTAL HOME HEALTHCARE LTD. VSE SYMBOL: CHT SEPTEMBER 2, 1999 Co	Edward W. Richmond	-	9/2/1999
47	CONTINENTAL HOME HEALTHCARE LTD ("CHT-V;CHTIF-L") - Complete	Edward W. Richmond	-	8/25/1999
46	Ed, from a technical standpoint, your bottom fishing of CHT may prove profitabl	Ben Jaded	-	8/23/1999
45	Ben, I did attend the AGM and met another Silicon Investor CHT forum reader. T	Edward W. Richmond	-	8/19/1999

Go to reply# or date (mm/dd/yy):