Orion Health

[RGR367]

The overall consensus of this thread was corrrect all along. I'll still wait when the price gets lower than $3.30



disc not holding but would be interested to get some of it in the future

[Bilbo]

The overall consensus of this thread was corrrect all along. I'll still wait when the price gets lower than $3.30



disc not holding but would be interested to get some of it in the future

Agreed. I will be interested in the low $3s but will likely wait until some time after the escrow period for founders/directors etc is over. By my calcs still something close to 60% are in escrow.

[BlackPeter]

sold sold sold !!

Yep - its a funny thing ... at IPO time I thought that $4 might be a fair price for this share (and they sold it for $5.70 - I think), but now I am not anymore so sure about it.

Board was certainly very wise to make no promises at IPO time - and they stayed consistent, but for some reason it looks like the market is punishing them anyway.

While it looked like at IPO that they have the silver bullet to solve all health care admin problems, it now feels it is more another nice to have for the health care administration which has got already everything else they need. Clients just puts the need for their products on the backburner (i.e. reprioritizing). Here go the revenues, but the cash burn will stay.

Still think it is an interesting (but well overhyped) company. However - $650m market cap for a loss making company not even sure If & when they might turn around the bleeding - really?

Discl: Watching and waiting for the bottom ... if & when it comes

[sb9]

Sub $4 now...

Disc - Do not hold.

[IAK]

Unfortunately, not the only stock in the red today.


disc - hold a few.

[kiora]

Cash flow positive over the last 6 months even with ramp up in development expenses in my view a good result.
http://www.stocknessmonster.com/news...S=OHE&N=267011
They do anticipate negative cash flow in the short to medium term as they continue to grow capability

[kiora]

http://www.stuff.co.nz/business/indu...y+16+July+2015

[IAK]

Link to Andrew Patterson's interview with Ian McCrae on Sunday business hour.

http://www.radiolive.co.nz/Ian-McCra...4/Default.aspx

[kiora]

Critical ability IMHO
"It also cited Orion
Health's leadership in offering open Application Program Interfaces (APIs) so
its clients and third-party developers can develop their own applications to
run on the Orion Health Open Platform".
http://www.stocknessmonster.com/news...S=OHE&N=267273

[kiora]

Is this the bottom?
$95 mil cash still to get them through
More sales & management staff.I must say surprised the increase in staff numbers was only around 100 developers.
Sales in the next 2 quarters will be interesting.