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Ready Capital Corporation (RC)
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Repare Therapeutics Inc. (RPTX)
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Quipt Home Medical Corp. (QIPT)
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Softchoice Corporation (SFTC)
Q: Portfolio Cleanup Part 9:
I'm embarrassed to admit that I am down 50% or more (!) on the above.......
Are there any with good rebound potential that are worth holding on to? Can you provide a short reason why for each. Thanks
I'm embarrassed to admit that I am down 50% or more (!) on the above.......
Are there any with good rebound potential that are worth holding on to? Can you provide a short reason why for each. Thanks
5i Research Answer:
We would consider QIPT 'OK' but its small size and negative momentum and debt make us less interested. We would be fine selling. RC is cheap, but highly sensitive to the economy and there is not enough there to make us happy with the risk. Sell; RPTX has lots of cash, but highly negative cash flow and continues to lose money. Its performance may be binary, based on results. Sell; SFTC is highly profitable and growing. Its leverage doesn't make it a buy but we would be fine holding.