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It fell from recent highs 16p to 13p and felt it over done. We must be patient but remain focused unless things change. Tests selling well on boots and we don’t even know how sales are going on the MHC site or in the Boots stores.
However each and every individual must make their own choices. I’m in for the long haul and will buy on dips and share my buys with others as that’s called transparency.
Believe in what you invest in.
Good luck
As always Jamrock puts his money where his mouth is as a diehard believer in MHC.
Price rising so as I said disregard the sells as everyone so far is a buy .
I can assure folks the sell is a buy because it’s mine and more larger ones to come through
Spain struggling to cope!
https://m.youtube.com/watch?v=-rcdELLx01M&pp=ygUKY292aWQgbmV3cw%3D%3D
Australia struggling to cope!
https://m.youtube.com/watch?v=Go0kCSF84A4&pp=ygUKY292aWQgbmV3cw%3D%3D
Uk thinks it’s seasonal!
https://m.youtube.com/watch?v=ca__Q9MTIxE&pp=ygURSXMgY292aWQgc2Vhc29uYWw%3D
This all demonstrates how confusing it is. Spain and Australia are extremely warm whilst the Uk extremely cold.
So does the seasonal thing really stack up.
I guess more people indoors in the winter in the UK may cause a rise.
I guess more people outdoors in Australia enjoying the sun!
I truly think it’s just simply Covid is constantly evolving and evading immunity so I truly think the time has come to emphasise the importance of testing all year round.
It could well be seasonal in the uk but I know many people who suffered in the summer!
One thing is revenue at MHC is clearly benefiting and we should get results and evidence very soon.
Also nice to see the price steady today so hopefully it may continue upwards soon.
Flow Flex sales 100+ now as standard on Boots
The 25 packs remain out of stock and seem to go out of stock quickly once released
The wellness tests sales are appear to be increasing for the higher priced tests
Good volume of 4 or 5 star reviews on all products - Yes, lots from Boots Customer Panel members, but genuine reviews to give buyer confidence
Sadly (for the bigger picture) Covid on the rise again and children going back to school will only increase these numbers
Does mean MHC is in a strong position to support
Https://www.telegraph.co.uk/news/2024/01/08/stop-following-covid-rules-send-sniffly-children-school/
They really haven’t a clue.
Kids back today and it could rise faster.
Time for the share price to find support and rise again.
Https://www.dailymail.co.uk/news/article-12936003/Covid-comeback-warning-Fresh-fears-coronavirus-surge-Britain-week-highly-infectious-new-strain-sweeps-nation-expert-says.html
The government is sending conflicting and confusing signals.
Some hospitals etc reintroduce masks for workers
and then some health officials advice kids to go to school with COVID!.
It’s clear the government need votes in the election this year and need the economy thriving. In my opinion they are putting politics before people first.
No would truly call for a lockdown but to see a government act responsibly is paramount.
We just don’t know who or what a vulnerable person looks like. Just as we don’t know a if someone has a disability unless it’s visibly obvious.
COVID is rising and I for one feel more should he done to keep the public aware it’s still a problem rather than try to sweep it under the carpet.
As for the share price I feel any positive news and it will rise rapidly.
I would like to see it stop failing and put in a support level.
Whatever happens we will know how MHC is performing very soon
It would be nice to think the support kicks in!
Also would be nice for an RNS
Results please
Been watching the website stats periodically and the December stats look good.
https://www.similarweb.com/website/myhealthchecked.com/#overview
More importantly the test activation part of the website where you would assume people would visit if they have bought the higher price lab tests has had a large increase too. Not sure how accurate these stats are but hopefully these are good indicators for the next update. GLA.
https://www.similarweb.com/website/dashboard.myhealthchecked.com/#traffic
For comparison, the main Holland and Barratt ivie wellness website is shown below.
https://www.similarweb.com/website/iviewellness.co/#overview
Https://www.thisismoney.co.uk/money/investing/article-12931451/Can-buyback-boom-revive-FTSE-100.html?ico=mol_mobile_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.86846936.178410772.1704556844-1527445276.1703490009&_gl=1*j6at74*_ga*MTUyNzQ0NTI3Ni4xNzAzNDkwMDA5*_ga_XE0XLFFF16*MTcwNDU1Njg0My40LjEuMTcwNDU1NzE4My4wLjAuMA..
My question to fellow investors is
Would MHC benefit from a share buyback.
I think so but what do others feel!
Https://www.google.com/search?q=can+a+lateral+flow+test+detect+cancer+cells&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari
Imagine if MHC partnered with companies like this to bring Lateral tests into Boots etc that were able to detect early signs of cancer!
These would be massive but 100% the way forward people taking control of personal health.
Https://www.amazon.co.uk/Flowflex-Antigen-SARS-Covid-19-Rapid-Test/dp/B093KZ8CR2/ref=mp_s_a_1_1_sspa?crid=3GL1ZYJQC329O&keywords=covid+lateral+flow+test+kit&qid=1704541403&sprefix=%2Caps%2C68&sr=8-1-spons&sp_csd=d2lkZ2V0TmFtZT1zcF9waG9uZV9zZWFyY2hfYXRm&psc=1&smid=A5Q5LHB2EVDG5
The number of tests being sold on Amazon has increased over 100% over the last few months!
This is clear evidence that demand for COVID products is at a high point.
In June demand subsided to lows of 30k per month which also coincided with our poor results last time. Since July we’ve experienced a significant demand for Covid products as new variants consistently emerge.
Demand dropped in October briefly on Amazon and then JN1 came along and since then demand has continued to rise almost weekly.
My point is we will get peaks and troughs but January is the start of our new financial year and it’s clear we are starting the new year on a high.
Covid product demands rising.
20 new products gaining traction from its launch in 2023 in Boots and on own website.
Huge investment in Digital Data.
Once again im urging investors to be cautious short term if our share price is dragged back a bit due to market conditions and prepare your position for an extremely bullish statement due within weeks.
I would prefer Penny get the news out urgently to support shareholders value however she will always decide the time and date to update the market.
Last year it was 31st January.
How long does it take to evaluate the end year results and share them with us!!!!!!!!!!
Https://www.boots.com/myhealthchecked-intolerances-sensitivities-dnatest-10322824
We definitely are seeing sales daily in the more expensive products. All be it single digits but we must remember this is good news as these weren’t selling a month ago!. Also they are in 801 stores so a chance the foot sales will also be improving.
Looking forward to the end of year results however disappointed a bit by yesterday’s downturn in share price.
I’m urging Penny to get news flowing early this month to catch any sellers off guard and allow momentum to return.
I’m sure they must also want any positive news out there quickly.
Davand
Please not it’s rich asking me if I’m qualified.
Weren’t you trying to mount a legal challenge against the board at YGEN.
So please ask yourself if you have a legal qualification or let us all know if your invested in MHC.
You’ve never had a positive thing to say about MHC.
We all know you blamed Rees for a lot over there but MHC is on decent path and results should show this.
I’m sure you’ll put a negative spin on the results though.
Davand
Is anyone qualified.
And everyone entitled to opinions!
Including yourself from time to time.
Refrain!
It’s a shame it didn’t hold 14p.
News needed as momentum has gone.
The key is to not panic in my opinion and remember we’ve had a decent run in rep weeks.
Any news and we’ll be on a run again.
At recent highs it went to 16p and today dropped to 13.75p!.
What will Monday bring!.
Hopefully a decent RNS lol
If not, regain from doing so!
Are you qualified to give advice..Jam??
Last of the sellers being flushed I guess. Provided we have buyers coming in and hold above 14p I think it will be fine short term.
Penny could do with letting us know Results date maybe
Hi all, LTH since 2020 here. There’s a lot of talk of a TO, could someone explain what that would mean for us share holders? And ultimately the share price. Thank you.
It looks like someone could be accumulating given the uptick over the last few days, and no doubt it was always vulnerable to TO with the amount of cash it has in the bank.
GLA! DYOR! AIMHO!
My advice is don’t panic sell.
News coming soon
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