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Tuesday, 05/12/2020 2:53:45 AM

Tuesday, May 12, 2020 2:53:45 AM

Post# of 41904
Never good to see this when elective surgeries are cultailed. Really highlights the need to diversify.

We have 80-plus percent of our global revenue that comes from elective procedures. 



Unless CV disappears this fall/winter, itll be back with the seasonal flu. Combine that with less sunlight, reduced temperatures, etc... The 2nd wave should be vastly worse than 1st, similar to the 1918 spanish flu. This will require a reshifting of resources away from electives again.

The good news for the time being is, as Mr H said, there is a ramp up on elective surgeries. This has landed my wife her next assignment working with heart patients. This particular hospital system has a large backlog they intend to push through over the next quarter or so. I imagine a similar thing is occurring with Ortho. Although heart is a bit more essential than most ortho despite also being classified as elective if it can be pushed out.


Not alot of color in the cc, but there.was a.couple of intreging blips.

We believe that this progress and, truthfully, our proactive stance and our financial stability also give us key competitive advantages right now during this challenging time that could open up new opportunities not just to drive innovation, but also grow our business and our share position in the near term.



Combining cash and our available credit facilities, we have over $3 billion of immediate liquidity available to us in the near term. 



So you have mention of financial stability to the tune of 3 billion immediate liquidity. Thus giving them the capital needed to open up new opportunities and grow the business. This seems pretty suggestive to me.
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