So - notice that the folding in of the HHS business so you can no longer see the HHS performance with Nurse Call and Patient Entertainment.
Notice on the presentation overview, no new wins in patient entertainment, just a long since recycle of Northern Beaches for nurse call. Remember this, nurse call is a low margin, long cycle capex win while Patient Entertainment is higher margin, recurring revenue. So more nurse call wins doesnt add the type of value shareholders really want.
Selling assets and therefore having to pay down asset based lines of debt is not a long term strategy.
Just more hiding and covering up the problems that cant be fixed. The only growth and valua creation piece of their business was healthcare and they killed that already, then killed it again by folding it back into building products.
Think about this. Without some additional technology from an outside vendor, how long will people keep paying to watch TV and surf the internet instead of using their own data and devices.
More sell off or bankruptcy in the next 24 mos. And don't forget about that diluted stock when they have to go out and raise more equity to stay afloat.
HIL Price at posting:
30.5¢ Sentiment: Sell Disclosure: Not Held
