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Tue, 29th Dec 2020 07:00
RNS Number : 8923J
29 December 2020
("MyHealthChecked" or the "Company")
Approved provider for UK Government Test to Release scheme
MyHealthChecked Plc (AIM: MHC), the personalised healthcare company, announces that Concepta Diagnostics' MyHealthChecked™ COVID-19 testing service has been added to the UK Government's approved COVID-19 private testing providers list* for General Testing, and the Test to Release for International Travel scheme introduced on 15 December 2020 ("Test to Release").
The Test to Release scheme is a UK Government backed programme, designed to reduce quarantine periods for travellers arriving in the UK. Through the Test to Release scheme, passengers have the opportunity to pay for a COVID-19 test through the list of approved private providers, to find out if they are able to reduce the self-isolation period after international travel.
MyHealthChecked™ COVID-19 testing service has the full COVID-19 testing service offering required to meet the Department of Health & Social Care's 15 minimum standards**. MyHealthChecked's Test to Release scheme will go live in January 2021.
Commenting on the approval, Penny McCormick, CEO of MyHealthChecked Plc, said:
"Our COVID-19 testing service launched on 2 December and has gathered momentum through the month. As we are already providing Fit to Fly documentation, our inclusion on the Government's official list of Test to Release providers will further enhance the service that we can provide to travellers departing the UK, and flying into the country. Our priority is to provide an excellent service to customers, which includes a robust web App and user interface that is compliant and provides a positive user experience. We have been confident that our process would meet the Government's requirements, and we will be rolling out the enhanced system and service from January."
MHC cannot get a government contract as they are not listed as registered as approved NHS suppliers
hope you are looking ofr is that they become attached to the website of 'TUI' or 'on the beach ' also selling via WHSmith at airports,,or even the post office
But until they are NHS approved supplier ,,there is not chance of selling to the government
You can see those speaks only in rear mirrors.
Trading at every peak looks possible in hindsight but at each peak you might be selling just before an RNS announcing a huge deal is released? If it happened it could be like an oiler hitting a gusher. That is what has stopped me.
If you look at the three month chart on the 'MHC share price' page (first tab top left), you can see quite clearly that the price has been spiking up on heavy volume, then drifting down as volume drops off. I'm sometimes honestly baffled by how very short the sticking power of a lot of PIs is. Sure it is right to cut your losses if you've made a bad call, but the trend here is clearly up. If you want to trade it, you should be selling at the peaks, and buying back around nowish.
I told myself I was going to Trade these shares and then lost my bottle. Had I been more bullish, I'd now be well over £7k up and/or with around 120K additional shares.
Interesting, I have been a subscriber to Tom Winnifrith's Hot Stock Rockets for 5 years. I find him straight and honest, he often qualifies his advice with caveats making his advice, as afar as possible, balanced and objective. Hi isn't always right but usually admits and explains. He is Marmite but I often wonder if people who make derogatory comments are just following the herd.
Like you I will hold, it seems to me most sells are small. impatient PIs? I asked the question out of interest/to gain knowledge because I hope this may be a long run to hold if MHC obtain solid contracts, which should lead to more, Boots is a solid start. I am glad I did. I believe British Bulls recomendations are technical conclusions, not informed advice on the lines of TW.
I have been tempted to trade but imagine the regrets if you were out when a massive RNS is released! Thanks for the info.
COPRO further to your questions, I have absolute faith with TW. He been right for so many times it's uncanny. BUT coupled with the absence of an RNS and the aforementioned flag, I'm sure PIs are getting nervous. The current rate of selling seems to back that up.
I'll hold for now.
Hello COPRO, sorry I meant to add the link but my Boss called me...I didn't mean to cause alarm.
See bellow. It's only British Bulls, but I have followed them for a while and they seem on the ball.
I know it was to DC26 but all of us invested would probably like to know where the Short/Sell flag appears. I hope Levi and TW were right but does a a flag like that suggest they may not be?
Well we were flying high but without that juicy RNS, I can see this slipping. There is a Short/Sell flag on MHC so this week will be interesting.
Hi Bishop. Yes I've reluctantly mostly sold out of UFO, I just don't have enough funds to keep them parked there whilst it's going through such a stagnant period. I shall return once it starts stirring again, perhaps mid year or into Q3. I bought in on the spike here so am hoping the next newsflow is not too far away. A couple of posters have mentioned on here that the MHC graph lends itself to trading in & out. I'm not really wanting to do so but can see it could work if the rise & fall continues along this current pattern.
Hello DC26: Seen you on with UFO. I sold out 100% and jumped on here. Much better short term prospects ;)
We are out of stock on the website tests must be flying out
Looks like good news for ygen. Not sure if any will come this way as a partner.
We’re are not all in the game to invest. Some of us are trading. We all have a different agenda.
NO. That's speculating. "I don't by shares to drift down or i would wait for it to do so". Very arrogant/naive to think you would know when the SP is going to go up or down! The best investors in the game can't do that in the short term.
Investing is buying the company to own a portion of it because you think it will generate profits and therefore value for shareholders over the long term. If you like a company and the price goes down, that just lets you buy the company at a cheaper price. Go watch some Warren Buffet videos. He'll tell you the same thing.
NO, what we are hoping for is it going up bongo ,that's what we want ,thats called investing for profit and not a drift down,i don't by shares to drift down or i would wait for it to do so. Up is healthier
I was well in the red on this share for many months. You have to have a bit of patience with it.
You should be hoping it drifts down to 4p so you can buy more if you really belive in the company. I did this when it dropped to 1p and now i'm around 100% up.
Well, bought in at 6.7p monday morning on all the optimism, now SP down at 5p & no sign of any of the news hinted at. Really hoping we ain't drifting down into the 4p zone if nothing gets announced by early next week.
Nice to see 7p being taken. If you're a chartist, indicators suggest a move upwards and possibly beyond mid 9s
They are all interlinked lots of relationships https://avacta.com/avacta-expands-rapid-sars-cov-2-antigen-test-manufacturing-capacity/
the DHSC deadline for the £8 billion of 7 April? The next few days/weeks might be interesting. IMO, DYOR
I think it’s quite likely mhc will get a government contract (and hopefully airport contract too) to deliver ltf testing rollout which is starting tomorrow, as test service provider (since mhc don’t have lft test), based on the following:
-According to the Sunday Times today, quite few test services companies registered with the government have been criticized for poor services. Others unable to cope and stopped taking new orders. The government are looking into this. They certainly would want to ensure efficient testing service.
-Therefore you couldn’t get better than Mhc with Boots, a household name with 500+ nationwide stores and online service and years experience in consumer basic health provision
-as per the government announcement on Friday (see government website), test to be provided to everyone twice a week from Monday.
-Government to enlist pharmacies, among others, to provide testing service..... Boots/mhc???
-Matt Han**** on Friday stated 1 in 3 have Covid with no symptoms and added positive test requires a PCR one for reconfirming, https://www.gov.uk/government/news/new-campaign-urges-public-to-get-tested-twice-a-week .Therefore what better than Mhc/Boots administering first the lft and then ON THE SPOT mhc do the pcr test for the positive ones, if only the positives not to slip through the net and go on to infect others, rendering the whole exercise of country wide testing futile? This will be of great concern to the government as “1 in 3 of those will have no symptoms but can still spread the virus.”, see above cited government website.
-Abingdon is leading the government consortium lft. Mhc still have strong links with them, as they sold them their lft manufacturing facility ....and transfer of staff too. Mhc continue to outsource to them manufacturing of their pregancy lft.
-in addition to Abingdon, mhc have strong links with several companies involved with the government RTC-UK: a) BBI for whom our ceo penny and director Lyn worked, b) Abingdon where Lyn is also director, c) Yourgene whose PCR test mhc is using and two of mhc directors are their directors too, one of whom, Adam Reynolds, is also a director of KEF. EKF supply components of various covid tests; and their sample collection device mhc are using for their PCR.
-This testing rollout allows for home testing, a service that mhc already provide.
Therefore I’m sure the government will be more than happy with the above cited companies to provide a complete processes of testing provision, from test production and manufacturing to mhc (along with others of course) providing the testing service with Boots. There is no need for lab for lft and no technical expertise either. Experience and infrastructure of providing testing services is crucial though, hence those companies criticized according to the Sunday Times today. I read somewhere Boots are already providing testing service. Could it be that a nod from the government led to the tie up a day after the ..