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It’s definitely not been kind to shareholders who like me have taken huge risks however let’s wait for results and update. The news flow hasn’t been very good as you stated however sometimes there’s reasons for this so I’m waiting for finals before passing judgement.
I can however say I do understand the frustration however tucked my shares away until news.
Been a dog of a share to own so far and the lack of leadership, communication and interaction with shareholders is damning. The new products do not appear to be gaining any real commercial traction but maybe they will show that all is about to change. The SP is lower than it ought to be but frankly there is nothing from the company that warrants anything else.
I’d say it’s time for the company to both update the market on future plans and deliver results so we have a clearer picture.
I do feel this is well undervalued on pure cash alone v market capital however to see any significant increase it will need to demonstrate to the market that new products are bedding in as Covid demand falls.
Looking forward to Penny’s vision and the Chairman’s Statement.
As a long term holder you can argue it’s been a horrible investment however results and Pennys statement can change this.
Let’s see what happens!.
I don’t believe they have a scheduled date however last year results were on the 3rd April. I believe they have until June to register results!.
My assessment is that MHC must demonstrate growth in new products in the 801 stores and traction in sales. They have a decent cash reserve from Covid products that has done well until January but expect COVID revenue to dry up since February as demand subsides however the market will be aware of this already hence share price near all time lows. In my opinion the markets are keen to see if MHC has achieved breakeven and traction in some new products. I personally feel MHC has a great opportunity to collaborate with other companies and expand. I also believe Digital data could form part of the plan to expand however everyone is aware that revenue is also key. I feel the company needs to get the news out there ASAP so the markets can make their minds up. The shareholders however have suffered many years of decline as a result of lack of deals which in part could be a result of the board conserving cash. Other brands and companies like ABDX etc are steadily growing again in market capital despite huge debts and cash issues as they chase revenue growth. No one knows what MHCs plan is however they need to convey something soon In my opinion because they have come a long way however the key is contracts and growth.
Think it is just when they get around to it...
Does this outfit have a scheduled date for final results - or is it just when they get round to it?
Maybe Erik Henau is returning with a buy out. Like you jamrock I am a long term holder (hit the million mark before restructuring) and have lost all excitement or enthusiasm for the B. of D. I suppose a buy out may not happen but the cash reserves alone would virtually pay for the buy out!
Wish Mystic Meg was around for some guidance.
Fair bit of buying though today as the unknown are clearly buys as selling price not near the price crossed so maybe a glimmer of hope results are due.
Learnt not to lose sleep waiting
Hope is hope.
In truth as much as I’m a LTH and own a lot of these the news flow is quite shocking
Right?? Hopefully some news coming in soon
Strange buying pattern here... Beginning to wonder if somebody knows something.
Lied... It was 19th!! zzz
The last update was January 18th so surely they will confirm this week than Penny has not turned into a Far Thing and all is going swimmingly. Only this morning I saw two pigs fly by.. I goimg back into hibernation as it is blowing a gale and pouring with rain. I am all honed and toned from two days of sun and dizzy temperature in the 20's.
How can this share move higher with a 15% spread!.
Will the selling price rise or buying price to balance it up!
Will the company address concerns to get it moving. With cash in the bank are they missing an opportunity to expand!
Spin
It definitely feels like the Titanic or a company that have shut up shop. No results is causing investors to bailout.
No one knows what’s happening with the company and it’s clearly sending a negative feeling throughout the share price.
Just hope Penny has something to offer because communication skills wouldn’t receive 5 star at all.
Anyway all we can do is wait now. Never seen a stock with 8m in the bank and 5m market cap.
Even shell companies do better
Begining to resemble the Titanic. Everyday it sinks a bit more....Please please. Update.
Spin
I think the board has took big bonuses and early retirement.
Penny is busy preparing for the new Christmas Party
Last update was on 19.1.24. Just a gentle deep breathing coming from the bored room ....Big question is are they just snoozing or dead!!
Crazy low valuation
Spin
Many big sells today.
No rest for this one
There are a few buys today and it maybe because some form of update or results are due. I remain cautiously optimistic. Then I am bonkers!!
Albington health (ABDX) manufacture Boots tests.
Strange thing is sure we sold the facility to them.
I still think we should have put a cheeky bid in for them when the were struggling but the share price is slowly recovering as they continue to release good news. Still think ABDX are in need of a cash raise because the cash burn situation.
Do we know who manufactures or supplies the Boots tests? Could they just be white label versions of the MHC product?
Amber
Iron and vitamin tests available all over Amazon etc.
I do however agree they are aware of the tests that have most potential based on information.
MHC just need to have a plan of their own
So I see Boots now have their own brand tests - Vitamin D rapid Test £7.99 - same price point as our Vitamin D Test.
Positive step?
Have to assume Boots have done their DD and customer research here and see the potential ...
The flip is we now have a competing product