MFCSF - A Checkup On Medical Facilities
Please note all amounts are in Canadian Dollars except if noted separately.
I am currently sifting through the wreckage of Medical Facilities Corp. or MFC (MFCSF) (TSX:DR) a TSX listed company which does all of its business in the US. The stock is down an astounding 70% year to date and 50% below its IPO price from July 2006. This is quite an epic debacle when the stock market is up nearly 30%. Yet the company is free-cash-flow positive.
Source: Gurufocus.com
Business Model
Medical Facilities Corp., in partnership with physicians, owns