Player Avatar xxjdxx (< 20) Submitted: 12/24/2008 2:15:27 PM : Underperform Start Price: $8.42 HCSG Score: -124.44

Use to work for this company. Recently left on my own terms. Paid employees as low as possible. Most managers are kids fresh out of high school/college. Services are as cheap as can be. They give budgets that are unheard of in the nursing home and hospital industry. They like to send half orders on supplies and have the managers deal with it or get out. Many customers might be happy currently with the services cause it does save some money, but in the long run, food prices will continue to rise, budgets will continue to stay the same, cheaper and cheaper products will continue to be bought. I know of at least 2 nursing homes ready to get them out. Good short term, but long term they will go under.

Report this Post 6 Replies
Member Avatar mustbefriday (59.19) Submitted: 12/31/2008 1:56:27 AM
Recs: 3

Company has been in business for 30 years. They have over 2000 customers. 2 nursing homes ready to get them out sounds terrible!

Member Avatar obga18 (80.87) Submitted: 2/19/2009 11:56:36 AM
Recs: 0

but how much did you lose?

Member Avatar obga18 (80.87) Submitted: 1/25/2013 12:55:07 PM
Recs: 0

still waiting for this company to take a dive.....SO I CAN BUY MORE SHARES!!!!!

Member Avatar paek813 (99.69) Submitted: 5/24/2013 2:37:33 PM
Recs: 0

@ obga18

There's a pullback that occurred recently - relative to the broader market anyway.
Right now at $22.53 on Friday, May 24, 2013.

As a side note, HCSG attains above-market-average and gradually improving ROE - without the aid of debt:

2012 19.8
2011 17.7
2010 16.3
2009 14.8
2008 13.4
2007 16.4
2006 16.2
2005 13.7
2004 11.6
2003 9.5

Member Avatar paek813 (99.69) Submitted: 5/24/2013 2:48:14 PM
Recs: 0

May 10, 2013 - A Hidden Reason That Healthcare Services Group's Earnings Are Outstanding:

Member Avatar obga18 (80.87) Submitted: 12/26/2013 10:09:19 PM
Recs: 0

i love this stock. target 40$ a share???

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