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The share price is ticking up, but still extremely under valued.
Just hope they don't come with the begging bowl, when it does get higher.
ATB
Hi all, I find it inexcusable that Penny and co, can rock up at an interview and promote an excellent company, which it is, and not put their hands in their pockets and invest.
They need to have a word with themselves,
Not very professional.
ATB.
Market cap still less than cash in the bank. That’s absolutely absurd.
The PE 4.4 is also crazy.
A shell company with no products or revenue gets rewarded better status on the market.
Definitely time for a rerate and time for the board which was the only female CEO at one point to get better respect from the market. You’d actually believe the the markets had it in for successful woman leaders but HE1 demonstrated how powerful woman are leading the way.
Penny will also receive the same credit soon however I would welcome a share buy back or Directors buying to show confidence however it’s their personal choice. The problem is shareholders look to them for guidance
Https://zakstraderscafe.com/bulletin-board-heroes-february-14/8433/
Is Zak correct about 16p then 21p!!!!
I think we would all agree this is a reasonable assumption and it’s well undervalued at these levels.
A cash shell gets a better valuation than MHC but the market appears to be waking up.
A write up in the Daily Mail yesterday.
Not Many sellers and more positive buying so now would be a decent time for a positive RNS if Penny wants the share price moving in the right directions
Wessley
You once flew the flag also!
Maybe you should again!
It’s risen a bit in the last few days so maybe the markets are thinking the price was too low.
Most investors happy to see a rise for now.
The Directors would do well to buy a few
Https://www.google.com/search?q=mhc+share+price&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari
Mhc up 11% today!
Not a sign but still cheap. Less then 1p pre consolidation.
Is this a the start of a new higher floor price as we track the 200 DMA or will fade!.
Either way it’s a positive move and any positive RNS could significantly move this up.
Wessley
I’m definitely flying the flag.
Just need to also fly the flag and buy some lol.
Today was expected as British bulls predicted it.
It’s still in a uptrend from lows but definitely feels slow.
Glad some of my others like QBT and Argo doing well today.
As sure as night follows day - you can be sure that hop on to this BB and loyal Jamrock will be here. Flying the flag.
Penny is so lucky to have a complementary investor relations associate.
Jam - sell and spend the money on your family.
Morning all
This would be fantastic moment to drop a decent RNS to give the momentum a reason to keep going.
Looks like selling price rising so hopefully the buying price keeps going.
More cash than valuation is absolutely crazy.
No debts
PE of just 4 criminal
Decent level 2 in MHC
Someone just paid nearly 13p so I expect selling price to be raised to encourage sellers.
Https://zakstraderscafe.com/bulletin-board-heroes-february-6/8392/
Zak’s saying 16p again by end of February.
Time for update from the company I thinks
You have to be smart and do research to ensure you get invested before the rush. Think a few might have realised..
Https://m.youtube.com/watch?v=00biZcX6T5g&pp=ygUKY292aWQgbmV3cw%3D%3D
Who says true number of Covid Deaths could be treble the amount suggested. Says it could be 21m!
How can we truly trust anything we are told!.
Anyway let’s hope MHC can increase sales of new tests which is key to the future.
Intolerance tests sold out online
Probably one of the only stocks on the AIM debt free and making money in a terrible economic time. However probably on of the worst performing stocks given cash position and market cap.
You wonder what it actually takes to move this up. Falling on next to no share sales. Is there any sellers left!!!!!!!!!
Just hope drops a surprise RNS to swing the momentum to the upside at some point.
I guess a lot of long term holders both under water and lost faith but I truly hope news comes soon to restore faith as it’s a company in a sector that looks set to grow.
This is crying out for a positive update. Falls 4% on a few hundred pounds worth of sales.
I read somewhere that they should do a test that proves long covid using bio markers or something. They said many Doctors suing the NHS for contracting it in the pandemic.
Maybe logic to develop one of these.
Anyway before anything else they need to get a deal with the NHS and Boots sorted as regards in store testing as this will be a logical route to significantly increasing revenue without the need to to advertise.
As it stands the online sales whilst it’s positive to see some lines gaining traction on the whole it’s not significant.
The key to success is 100% in store.
Until news markets just like us just waiting and will not do much.
Adam Reynolds needs to get projection figures but first I’d guess a new agreement with Boots.
Especially as Covid tests being sold privately soon
Thinking of jumping back in simply because the cash position eclipses the MCAP. I genuinely thought they'd burn through some.
The negative is that the cogs that turn the wheel of this company is Covid and the subtext is that other tests are just struggling to gain traction to get to some kind of scale to support the company.
Is this a new test? Swear I haven't seen it in the boots range before.
https://www.boots.com/my-health-checked/myhealthchecked-erectile-dysfunction-blood-test-10330635
Https://m.youtube.com/watch?v=ZqhxdcPgjHw
I was reviewing old stuff from MHCs updates and investor meetings etc.
This one last year was so interesting for many reasons.
The fact it proceeded a time when the first six months had seen such low revenue and MHC was streaming the costs to ensure they had sufficient cash reserves.
Since then they have had a further 7 months of solid sales bringing in huge revenue streams.
Back to to investors meeting.
1, I note our Chairman stated they would be putting out forward sales projections for the new products by end of year or next year meaning early 2024.
So I hope he’s in a position to update us shortly!.
2, Penny was extremely confident in phlebotomy department and almost emphasised the fact that they were trialing things that need to be financially beneficial to the NHS. The fact she also almost certainly eluded to Boots in store testing facility and the digital data along with the WIH achievement gives me 100% confidence that we should expect Ann announcement that certain Tests will be available to NHS referred patients direct to Boots Hubs.
I would say given the increased revenue from June last year this has been essential to driving to expansion more rapidly.
3, Penny also ruled out acquisitions but focused on partnerships. She also said the wellbeing market will see smaller companies fail or get adsorbed!.
4, I wonder if the board are aware of price sensitive information which may be why they haven’t purchased cheap stock. Adam did say whilst they had cash acquisitions would usually be funded by a higher share price to raise equity so they clearly would have no interest unless price rose significantly.
5, it’s clear the new products are being sold more each day but they also mentioned the 801 stores selling tests in store. Would be interesting to note if these stores also have the boots in store testing facilities.
I believe the answer would be yes.
I think given Adam Reynolds comments we should assume a RNS with guidance on new tests be published to the market to ensure credibility is in tact. This could be a game changer.
I also believe they are selling off the 5pks to ensure old stock is sold before bringing in new 25pks.
I think the share price needs these figures before we see a significant run up on the price. Until then we may just range trade so I hope it soon as nearly 9 months data available on new tests sales.
It would be an ideal time for Penny to start doing some media presentations or at least let’s see some social media influencers as alerted to in August update.
The recent tick up in price would keep heading up if the market is given a RNS or VC something.
Do we really want it to drift back!
I certainly don’t but everything needs something to fuel it.
Come on Penny it’s a reasonable request to appease LTH
Https://onlinedoctor.boots.com/home-testing-kits?utm_source=Boots&utm_medium=referral&utm_campaign=Boots_testing_kits
With the heavy investment in digital data and test on the shelves in Boots I wonder how long before we announce a new collaboration between Boots, the NHS Doctors and GPs and MHC tests in stores where appropriate.
There must be a reason for only 801 selected for initial roll out.
Is the a monitoring exercise!
Will this develop into a wider arrangement!.
Seams very plausible given the savings on NHS resources
Https://www.google.com/search?q=what+does+it+cost+the+NHS+for+each+patient+that+has+a+blood+test&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari
The average standard blood test costs the NHS £10.00
To get GP appointment takes days or weeks depending on postcode usually!!.
Then the referral etc and costs to nurse etc.
Time taken up in hospitals if your referred.
Then usually another trip back to GP for results.
Surely MHC are aware of the process and costs and see the future in wellness and wellbeing.
MHC could be onto a real winner with Boots if they expand the service.
The time and money and hours freed up for NHS professionals would take a huge strain off the NHS.
The chairman’s statement in August mentions the NHS so I’m sure they are working on something.
This is also by the emphasis on phlebotomy testing and need to comply with standards to meet HIW.
I hope Penny realises private tests is a winner but also providing a service to the NHS would send revenue to another level.
Paul
The thing is we had a pandemic as a result of Chinese lack of ability to control it.
The fact is many initial covid companies have gone bust or been swallowed up.
MHC was always going to be a wellbeing company and made it clear Covid was a means to help it on the journey.
The journey has been a painful one 100% because market sentiment has changed due to inflation and a war in Europe!.
The facts are we have emerged stronger from the pandemic and truly established our footing in the sector. We are financially solid and self sufficient. No investor dilution and cash rich in many ways.
Fixtures and fittings in 801 stores fully paid. Products fully paid and digital data growing.
We met HIW standards and in a position to truly expand things.
There’s certainly risk as in all AIM companies but is it on the right track and have the board been prudent or waist full. I’d say Penny has been exceptional and prudent and steering us through difficult macroeconomic times and we could be one of the tru growth stories if we survive independently without a takeover from arrivals.
If one bought in the height of the pandemic why wouldn’t you buy at a 90% discount and in a stronger position with actual products now seeing traction.
I would like to see Directors buy buying but that’s personal choice.
It will be bumpy as Covid Revenue has peaks and troughs but we must believe true revenue from new products can slowly be extracted.
'Covid and lockdown has changed the game'
should we have them more often??
Https://m.youtube.com/watch?v=w4nwU-mB9EY&pp=ygUKY292aWQgbmV3cw%3D%3D
Whatever happens we must realise COVID revenue has seriously helped investors value in the longer term. Short term we all feel the share price is way to low but I’m sure it will eventually rise but we 100% could do with positive news as regards new product sales.
Once the market sees a clear strategy it will attract larger buyers but as I’ve stated before only 52 shares in circulation and many of them tied up.
Good news would create a squeeze. The recent fall was on very little shares sold .
It would be nice for a steady rise in my opinion.