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Well pleased with SP at end of the days trading....
Certainly nice to see well in the blue today.... after torrid last few days...
Yes agreed a very positive mood by the board this morning.I have been complains about the Pr in the hope that someone from the Company would take note .Good to see the rns reissued.
The reissue of the RNS this morning was certainly more than welcome. And credit where credit is due, MHC have finally started to do some PR which is what many of us have been asking for.
I’d be surprised if this stays under 4p before results are released, the BOD obviously updated the market on Friday to jump from a higher price on the 29th they know exactly what news is coming..
LSE numbers are always misleading and thats for all shares lol! Always a delay. Other sources/apps/platforms are best for real time prices. Dont trust LSE figures.
ATB
Actual dealing price at 10am is:
2.32 to Sell
2.42 to Buy
So the numbers of LSE are misleading right now.
Krazy - I suppose it's possible to interpret it to mean even larger trading but if it turns out to be as Weathergeek says, then I'll be happy. Opening this morning is firm which is good - although spread is wide.
Interesting wording here ..
This trend has continued into Q3 with monthly testing volumes exceeding those seen in the final two months of H1
Quote 'Month testing volumes exceeding'
So to me that could imply that each MONTH in Q3 MHC EXCEEDED that which was made in 2 months of H1? (H1 made £3.2m)
It's a huge sign they are about to announce strong revenue growth. SP should rise towards results I feel. Can't believe they've dropped it so heavily for the revenues in relation to market cap. I think last week was the bottom. Unless a bigger macro problem plays out.
Clearly they are going to have over £10m revenue in 4 months. That deserves way more mark up on SP. Stacks of Jam tomorrow lying companies that issues placements and CLN's have way bigger market caps.
Markets are mad these days, truly mad.
I regard the reissue of friday’s rns this morning as a very good sign that the board want see the sp supported.
I too think we were seeing panic sales last week - yes understandable but that is often the time to increase one's holding if you can. As I said on another thread, whilst I added two tranches, it did seem like catching a falling knife.
But I decided to sell other shares so I could add further MHC ones based on my judgement that MHC would recover better - generally AIM shares were weak last week too. The RNS Friday evening was a statement without panic, very reasonable and should allay many smaller shareholders fears. Now, after the Government pronouncements, we can see that they're not sure when testing or by whom will end. And with journalists now recording an upsurge in holiday bookings, despite the vagueness of the Testing procedures, suggest good income for testers over the next 6 weeks. Note how the story moves on so quickly.
Hold on to your shares - the sp will firm up. GLA
It's nice to get other investors opinions.
I have lost quite a bit here so far.
GLA
I mean, surely it shouldn't matter what I think, because basing investment decisions from random price predictions on boards is a recipe for distaster, but hopefully you weren't going to do that. But since you've asked, the support is strong at this level. We've had an upbeat after hours RNS indicating that sales exceeded May and Junes, results due on the 29th with an investor presentation expected as well. I personally think there was a lot of panic selling last week. If MHC were expected to sell £1.5m-2m per month/£20m annual revenue long term then the market cap would be over £100m. As it stands it at £16m so I think the PCR news is more than priced in/oversold. As I said in a previous post it was going to NT's on Friday for buys of £500 at 2.2 so I'm expecting a move upwards on Monday and then continued progress after that.
TPKart.
You have no thoughts on share price then after all government changes?
GLA
Good luck with that LP...
I think this is going to around 1.7p next week.
And I have £10,000.00 ready for a final top up.
Any thoughts?
GLA
I currently have 539,500 shares.
GLA
Are you still invested here LP? I saw a 600k sell at the start of the week and assumed it was you.
Any idea's on share price next week?
GLA