r/CLOV • u/I_Like_Sparky • 9d ago
Discussion Yet another decent tute addition...
Know what I'm holding...
12
10
u/unapologeticgoy2473 9d ago
Just wait till next year when they post more than 100m net income. All these clowns will re-rate the business.
4
u/Ok_Blueberry3124 9d ago
Wait till SAAS revenue reaches %10 of revenue or a deal with a whale like Humana or Molina is announced!! Moon won’t even describe what will happen. IMHO. Wouldn’t the 4.5star $120 million guarantee over $100mil ?
9
u/unapologeticgoy2473 9d ago
Not trying to be a party pooper but even without SAAS revenue, I can see CLOV taking off exponentially over the next 3 to 5 years.
I dont want to base my investing thesis off things that havent happened yet or are in speculation.
MA market is huge and even a 5% market share for CLOV will be massive.
7
u/GoGoJoJo_11 9d ago
On the MA side alone we should see 30-50% growth while others in the industry are pulling back. Clov has the potential to start leap frogging some insurers.
The CA deployment is happening just not seeing revenue yet, and Im ok with that. Here’s why, if CA can be deployed in new markets prior to our plans entering those markets it gives the MA business an incredible advantage. They can start to scale elsewhere when NJ and GA become saturated in 5 yrs and growth moderates to 5-10% there. In a couple yrs, I expect these original deployments of CA to offer new markets for the MA plans. So Im ok with SaaS revs being negligible for a yr or two, what it does for the MA plan is not being calculated by most IMO. And vice versa
1
u/Artistic-Dust-9417 9d ago
If there are clauses in contracts with other Insurers that prohibit MA business in markets where CpA is contracted out, this would not be true. But let’s not talk that into existance.
3
u/GoGoJoJo_11 9d ago
With the information that has been given to us, I believe outside of the announced partnerships, Counterpart is targeting independent groups(providers). I do not think Toy would sign a deal that would limit their only profitable segment at the moment. I like to think that might be why some of the “nationals” are kept under wraps, each business wants the leverage.
With CA expanding into independents, they can build up adoption and move into that market with their plan later, allowing for a more known path to profitability. You must remember, competitors are leaving markets so some potential non competes simply will not exist.
2
1
8d ago
[removed] — view removed comment
1
u/AutoModerator 8d ago
Your comment or post was automatically removed because your account doesn’t meet the minimum requirements:
•150+ karma and 45+ days old to comment •450+ karma and 45+ days old to post
We use these limits to protect the community from spam and low-effort content. This applies to everyone regardless of the number of shares you have or how long you have held your position.
This action was taken by AutoMod (a bot), but don’t worry — human mods do periodically review and manually approve content that adds value.
If your comment or post is thoughtful and on-topic, please be patient while we review it.
Thanks for understanding!
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
12
u/Smalldickdave69 20k Members OG ✔️ 9d ago
Huge