Healthcare, healthcare equipment and healthcare professionals needs have become one of the fastest growing challenges in the medical industry. The nation's medical institutions, local area clinics and physician's offices are in dire need of quality equipment, patient care and better financial management of human resources.
Southern Home Medical Equipment, Inc. (OTC: SHOM) is a holding company with a focus on serving the needs of the health care industry.
Southern Home Medical has quality health care professionals to support hospitals, rehab centers, nursing homes and other medical facilities providing Registered Nurses, Licensed Practical Nurses, Certified Nursing Assistants, Billing Specialist, Customer Service Specialist, Delivery Techs and Marketing Reps. With contractual agreements with partner businesses in Charleston, Columbia, Florence and Greenville, South Carolina; Nashville, Tennessee, Baltimore, Maryland; and Dunwoody, Georgia. Southern Home Medical is leveraging the success these business models to expand sales opportunities in these area with medical needs and equipment.
SHOM's Current PPS - 0.0078
What does SHOM do?
SHOM focuses on servicing the needs of the Healthcare Industry. The Company has quality health care professionals to support hospitals, rehab centers, nursing homes and other medical facilities providing RNs, LPNs, CNAs, RTs, Billing Specialists, Customer Service Specialists, Delivery Techs and Marketing Reps. With contractual agreements with partner businesses in Charleston, Columbia, Greenville, Florence and Lake Hartwell, South Carolina; Nashville, Tennessee; Baltimore, Maryland; Dunwoody, Georgia; and Philadelphia, Pennsylvania. SHOM is leveraging the success of these business models to expand sales opportunities in these areas with health, medical and equipment needs.
What makes SHOM such an attractive opportunity?
In 2009 SHOM generated Revenues of $761,421 and a Gross Profit of $558,752.
During 9 months ended in 2010 SHOM has generated Revenues of $583,564 and a gross Profit of $399,671.
During 9 months ended in 2010 SHOM has generated Revenues of $583,564 and a gross Profit of $399,671.
On March 15thSHOM retained Waterford Holdings Group to Evaluate and Consider Acquisition Candidates in the Mid-Atlantic Area.
This event may be an implication that SHOM may already have their eyes on some attractive acquisition candidates or SHOM has become a candidate for a much larger company to acquire.
The annual report is around the corner and it will be interesting to see if they have increased their revenues compared to 2009.
SHOM has also retired $95,643.00 of long term debt.
Over the next few months, SHOM will begin growing their APNEA RX division. SHOM will utilize their respiratory therapist leasing approach to allow facilities' access to a certified respiratory therapist as needed, rather than committing to a full-time position. This allows SHOM's staff to grow organically, providing much needed services, while at the same time providing facilities with equipment and oxygen, as well as diversified medical equipment products to nursing care locations.
The Bullish Technical Indicators Are Pointing To Higher Prices
Over the next few months, SHOM will begin growing their APNEA RX division. SHOM will utilize their respiratory therapist leasing approach to allow facilities' access to a certified respiratory therapist as needed, rather than committing to a full-time position. This allows SHOM's staff to grow organically, providing much needed services, while at the same time providing facilities with equipment and oxygen, as well as diversified medical equipment products to nursing care locations.
The Bullish Technical Indicators Are Pointing To Higher Prices
SHOM HAS RECEIVED A 100% BUY-RATING
FOR SHORT-TERM, MID-TERM AND LONG-TERM INVESTORS INCLUDING A 96% OVERALL BUY-RATING!
FOR SHORT-TERM, MID-TERM AND LONG-TERM INVESTORS INCLUDING A 96% OVERALL BUY-RATING!
BarChart.com currently has a "STRONG-BUY" recommendation on SHOM!
SHOM Has Awakened
SHOM broke its silence with an update to the shareholders which was accompanied by some extreme breakouts in PPS(Price Per Share). A few days before the first PR was released the stock made a 150% increase, a two year chart would reveal that this sort of increase was not out of the norm for SHOM. A few days later the letter to the shareholders was announced and since then the stock has been steadily climbing due the following developments.
2 years of profitability
Elimination of all long term debt
Expansion and development of new markets
Merger and acquisition strategy for upcoming months
Reduction of authorized shares assuring no long-term dilution
Addition to board of directors
Elimination of all long term debt
Expansion and development of new markets
Merger and acquisition strategy for upcoming months
Reduction of authorized shares assuring no long-term dilution
Addition to board of directors
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