whai.ob having a good day. +.22 to 3.75 on almost 3 million shares!!!
Someone on another board that I respect, brought up a good point on this one. Said he was interested but got spooked by the big disparity between whai.ob operating margins and ebitda and competitors. I'll have to admit, when researching competitors, I found several with declining gross sales and talk of a soft industry. The other poster thought there might be accounting hanky panky for whai to show such rosy results.
I haven't found one answer but whai.ob does seem more sales oriented than some temp agencies. They say they are cross selling services across their national platform and introducing new services to their recent regional acquisitions. They also specifically mention that they provide longer term contract replacements rather than just temp daily nurses. They also provide a broader spectrum of help from doctors to medical techs. Some of the ones that weren't too healthy were just in the temporary nursing field.
Anyone with expertise in this field?? Anyone that has done any DD that picked up on this divergence from industry trends?
Looking for feedback. Bobwins
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