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Https://www.boots.com/myhealthchecked-intolerances-sensitivities-dnatest-10322824
I don’t know if other are noticing but I’ve quickly realised that the higher end profit margin products are beginning to get noticed and selling regularly at a rate almost equal to lower priced products.
This is online sales and currently on the shelves in 801 stores so all will be revealed on new product sales.
The online strategy and collaboration with Boots is clearly working but what I’m attracted to is the possibility of MHC products being on offer in local stores and in the face of customers who are becoming more comfortable with wellness products.
I actually feel the opportunity to scale the business up is incredible and I hope only one concern!
Will MHC be able to cope with pent up demand!
As a large investor you may ask why I would raise that concern!.
The reason being is it’s a reasonable and important part of a business plan to ensure the capability of dealing with demand efficiently is in place.
As small as it seems I notice the 25packs of flowflex tests keep running out and whilst it demonstrates demand is high it also raises concerns about internal logistics and ability to scale up.
It’s one question I will be putting to Penny in the next investor meeting.
A I feel given I’ve been a long term holder constantly defending and promoting MHC I’m well positioned to ask the question.
I have also invested a lot of capital in MHC and research ed the track record etc of the board and believe the board have the expertise and experience to move it forward at rapid growth pace but would like confirmation the back up team is in place to cope with the growth demand.
I use 25packs as an example because lost revenue equals lost customers (potential care homes etc) which means lost reoccurring profits
Vinnie
It’s noticeable that sellers are met with some decent buys which indicates someone is building up a stake. Just my opinion but it’s noticeable that amounts of 50,000 are appearing regularly.
I also must alert us to the fact that nearly a year ago a resolution was passed allowing a 10% buyback. Any mention of this in the statement from Penny along with results will cause a huge squeeze. The sad thing is MHC could have bought them 50% cheaper prior to 27th December
Jamrock, thanks for the info. I was hoping you knew if some huge short that was happening 🤣🤣. However I also could see a squeeze with limited numbers of shares and a possible high demand after some good news. I see no reason why this is currently still so cheap. Good news on end of year trading and possible new contracts/new products could easily see this double.
Https://www.google.co.uk/search?q=mhc+moving.average&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari
This is the figure we need to stay above and consolidate above and then and if positive news we push on again.
Nothing goes up in a straight line but equally the 50% recent rise could prove a small rise if results are good and statement with it.
Do others believe or have an opinion as to whether MHC is a take over target!
Vinnie
Also we must remind ourselves we have had a 50% rise in the past 2 weeks so some who bought early may take profit which is perfectly normal and could cause a small pullback but I suspect there’s plenty of buyers hoping a few weeks sellers hand are twisted. I personally have no intention of selling as I’m in for the long haul and believe the true value is many times today’s price for reasons previously outlined.
Vinnie
My belief is we have no shorts so short squeeze is probably the wrong word used so my apology but a squeeze is definitely on the cards if positive news lands.
Many millions tied up in large holders hands so if results are good and demand increases and not many available I would expect a rerate and squeeze.
MHC currently has no shorts that I can see.
All opinions are simply that until Penny drops the news regarding trading up to December 31st.
I truly feel we should be in for an exciting year however short term we need something to fuel the next leg up and need to hold above the 200DMA.
So mu conclusion is positive news is required ASAP to keep momentum going.
We could easily trade sideways until then but these markets are fuelled by news a lot of the time.
So Penny don’t leave it late like the results otherwise the market could take a cautious view
Jamrock,Is there some information to suggest that the stock has been heavily shorted?
I can't imagine many could ha shorted it at 10p
Would be good to see it though
Got an email with a link to a YouTube video featuring Penny. Said they would be delving deeper into the weight management and heart health areas in 2024. Not sure if that means new tests for those, or expansion of the current tests... we shall see.
https://youtu.be/mc7GxjBjNlU?si=eizZgykPLg2ZA8PI
Exiting or exciting?
Can we see the selling price move above 15p this morning.
That would be a huge signal of a short squeeze coming if this happens.
Not before news now and a re rate could be inches away if news is positive
If Penny wants to remain in control at the head of the ship she will need issue a major bullish statement with an incredible growth strategy as I’m convinced a takeover group will strike while they are aware they can tease shareholders with a decent offer that looks attractive while shares remain at 1p pre consolidation price.
Remember these went to 7p two years ago on no products other than COVID revenue.’we are now making strides and increasing revenue from new products.
So what is the true value today given
7-8m in bank after results maybe!
No debts!
Products growing sales.
Opportunities to expand rapidly
Digital data growing.
Exiting times ahead
Https://investors.myhealthchecked.com/investors/shareholder-information
After recalculating the percentage of large holdings and percentage of shares tied up in the company I now come to the conclusion with Donald Hamiltons recent purchase along with Marcia’s total investments along with others totalling just under 27%. Then Directors holding and my percentage I conclude that over 35% is tied up!
That’s approximately 18m shares which only leaves 34m on open market.
This is absolutely incredible given positive news could land at anytime causing a short squeeze which would cause a higher price needed to be offered to
Lure sellers if demand for them increases rapidly.
Only 34!!!! Roughly available.
We need to also be aware in the short term the market needs news.
I’m just pointing out and alerting people to the facts at less than 8m valuation I can see a takeover being mounted and some big players involved like Mercia who is the largest shareholder. To appease shareholders who are mostly losing substantially on their investment in MHC I would guess a offer less than 60p wouldn’t be enough for most to breakeven
We have had a great run and Covid rising globally but I believe we are at a point where news via a RNS is required to keep up momentum otherwise we could see a pullback.
My opinion is Penny would do well to release positive update regarding new products etc
Yep, nice run of positive share price action, keep it going.
ATB
200DMA gone so can push onwards and upwards.
Will Penny release the news to allow this to explode.
Higher end products like intolerance tests selling much better now.
Time to get MHC to a price where it should be.
What do most investors think the true value is.
I personally would say a less than 8m market cap undervalues it by 3x at this stage in the growth strategy.
I expect 7-8 million in the bank and products fully paid with no outstanding contracts allowing for pure profits first half.
Penny give us the fuel for the rocket 🚀
50% rise since 27th December.
Imagine when results drop!!!!!
Nearly 16p to buy
Need selling price to move to 15p plus to encourage weak sellers so they are flushed out.
However I wouldn’t advise any sellers to take the bait as news imminent .
Strong strong strong buy signals and simply Wall Street saying it’s a multi bagger!!!!!
15p = 1p pre consolidation
Went to 28p after consolidation!
Was 7p pre consolidation 2 years ago
That’s £1.10 in today’s terms.
Over 20 products since then
Capitalised and over 5m in Bank in last update.
No DEBTS and well invested in Digital Data.
Well Run with prudent board members and wealth of wellbeing knowledge.
Expect a real positive update
Share deals not showing on here for some reason.
Not sure why!
Anyway we need to push past 15p and bingo new money comes in to take it to 20p but 15p is the figure to break through short term.
News and 15p is a thing of the past.
801 stores selling new range so scope to ramp it up.
2500! Stores and online between Boots and Lloyds selling Covid products .
A great revenue stream line start to 2024 with new variants spreading rapidly.
New investor taking 3%.
Clearly Non board member or associate as MHC in closed period. What do they know or believe!
Share transactions up since December 27th so better volume.
Supply and Demand is pushing price up as over 20% of 52m shares in long term holders hands so tied up.
Results could show 7-8m plus in the Bank.
5%!interest on cash in the Bank.
3m products paid for being converted to profit.
Potential to grow and stoke new contracts is endless.
ROCHE returns will be realised and potential unlocked.
Expect large competition to come sniffing as Boots contract shows Dividends.
OH yes potential for company to state a dividend.
Huge growth projections in 2024
Thanks Jamrock , and thanks for the updates.
ATB AGH.
Now offering 14.28p for £8,000 on a dummy sell so clearly buyers aware they need to offer more however my advice is hold on as demand for these will increase and any news and we could see a truly significant jump.
Early birds will catch the worm in 2024
Cyprusbiker
Welcome to the board.
I hope you correct.
The bikes heading North. That’s a fantastic sign
Seems up more on this platform... I am happy to hold because it has a long way to go.. Lots of news to come.
Entering the stratosphere.
GLA.
MHC is finally unlocked and moving at pace.
200DMA been smashed so new support established.
Great start to 2024.
Positive News and we take out 20p short term