Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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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.
I didn’t realise that the majority of the higher priced tests were available in store. I just checked a few of them (not that I doubted you) and all showing in stores near me … e.g. Thyroid profile £45, Weight Management £54. Very good news. So the Covid tests bring in the revenues and small profits, but steady. In the meantime allows time for wellness tests to grow reach. Another national channel please …
Amber
Based on average 3 tests sold in each store combined between 5pk and single ones sold in average 2500 stores between Boots and Lloyds and average daily sales on I would say the month of January will be closer to 1m revenue.
What excites me is the fact the new product are also being sold in 801 stores. We have also paid for all the racking in the stores so the real growth is getting traction in footfall in stores.
We then have an option to expand into many more stores if demand warrants it.
I 100 believe a deal allowing us to work with Boots to complete immediate testing in established booths already in place which could open the doors for patients being sent to use our facilities. The fact we have everything in place and meet necessary requirements.
I know they have continued to state the strategy is private testing I’m sure Penny is aware this would be explosive stuff.
After all she was smart enough to move in LFT from PCR which has enabled growth with dilution to share holders.
All possibilities at the moment but don’t rule anything out. Even a takeover
FlowFlex £8.49 bundle + 100 sales consistently daily for past couple of months and will continue Jan/Feb - over £1m rev p/m on Covid sales? Not a fact - a question?
FlowFlex £49 bundle out of stock again - good sign or bad logistics?
+70 wellness kits sold past 24 hours = 20 stomach ulcer, Iron 18, Thyroid 11, Sperm 6, Vit D 11
All above products available in high st stores - I dont know how many tbh
4* and above reviews for majority of wellness tests
NHS under huge strain and it wont get better
TrustPilot rating 4.4 (Excellent) with over 7k reviews
Latest reviews show many relate to wellness tests
The word "traction" was used in the latest update. Now this is very subjective, however looking at the sales online (albeit they are small in the grand scheme of things) they are starting to pick up and not just the
Covid and lockdown has changed the game
It is a competitive industry with not many consumers and still the populace will spend their money on a pizza or kebab before they consider their health. Just look how many billions the take away industry is worth compared to this!
Can some one do a calculation of how much Revenue we would make if 801 stores sold just 1 test in each range each day for 52 weeks!.
Well I tell you the intolerance test would be over 15m alone at just 1 test per day for 52 weeks in 801 stores.
Then we have online sales.
So we can see the potential for growth is truly incredible.
I do fully see MHC going out for growth in the new products in 2024.
It will be driven by a up beat guidance in sales in new products.
Https://www.boots.com/myhealthchecked-intolerances-sensitivities-dnatest-10322824
So 9 sold in the last 24 hrs at £54.00 each
Some say that’s nothing.
They are in 801 stores along with the other new lines.
801 x 4 tests x 7 days a week x 52 week X £54.00 each =
How many millions!!!!!
Online these weren’t selling a month ago and now we can see what traction means.
Online is a guide but instore is the growth potential.
Nearly 2000 Boots nationwide!
If your short term then it’s not for you but medium to long term holders understand the potential.
People are sick of the NHS.
I see this exploding but i believe in the strategy and don’t mind pull backs
The potential to ramp this up to another level is clear to see. I just just hope MHC can handle it.
Then imagine if NHS get approved to get tests on the NHS and use the facilities in Boots to get the tests same day.
MHC are meeting all the guidelines to allow this.
Do people really believe Penny hasn’t thought it through.
Paul your previous comment had nothing to do with this company, what an odd thing to say. Why don't you go message ford about how bad your BMW is 🤣🤣
You won’t get figures as regards new products until March.
Don’t really see a panic.
MHC just need to keep producing decent figures and leave the rest upto the market and see when sentiment changes.
Many companies on the AIM with no revenue however much greater valuation.
They need to keep diluting to stay afloat so I’m comfortable with MHC financially by equally disappointed with share price like most investors
@vinnie.
‘ No figures on new products, no news, no positivity, no explanation of delay in RNS. Woeful PR management’
How deep are your losses?
Paul1deano
What does that have to do with Mhc?
Ok I did tests with another provider of these services and got my results back advising me to go and see my doctor, they sent me for their tests and it came back within tolerance as the testing equipment they use is to of a higher standard.
Think of an oxi meter you buy for £20 or £30 which shows levels below 92% then the paramedics turn up with a couple of thousand pound machine and it is normal.
As for Dr John Campbell, who I have been told is not a medical Doctor but has a doctorate in nursing unless I can be corrected. I don’t take his advice to be honest.
Not an investor here, but I’m definitely thinking about it after using a My Health Checked lateral flow test yesterday to check my vitamin D blood levels. After all Dr John Campbell’s videos on this, I’m sure many people will be buying these affordable and easy to use kits. I bought the last two test packs available from my local Boots yesterday, and today I will buy more of these tests for family from Amazon.
GLA, I think you could be onto a winner here!
I can’t remember the last time I posted on here.
However I still see covidiots are still believing and hiding behind the sofa.
Some people are short term traders and others are long term.
I’m long term and happy to top up on pull backs so I take it I’m presented with a top up opportunity.
We will see how this turns out but I’m also disappointed with the pullback as I truly felt we had decent results and with such a low PE I hope we can move upwards soon enough when the few sellers from the 52 m shares are done.
Maybe Donald has another order he’s filling up lol.
Good luck and lose sleep as I’m certainly not and truly trust in Penny
SeedyG
You could be correct but my interpretation of ramping is putting up stuff without foundation. However I’m definitely fully loyal in my support for MHC.
Just over 400,000 shares sold from 52 million and you insinuate it’s ramping.
I don’t think our Donald who bought 1.5m million calls it ramping.lol
Some people are short m
Judging by the number of sells, not many investors seem impressed by your ramping Jamrock
The human race is finished. Might be disease. Might be war. Probably global warming. Fortunately I no longer worry. What will be will be. Super day here so off for a walk along the seashore. Be good..
Https://m.youtube.com/watch?v=7Sc30qRxlyo&pp=ygUKY292aWQgbmV3cw%3D%3D
So the Chinese are at it again.
How worried should we be!.
The world needs to realise more money needs to go into this sector as it’s easily conceivable that China could only be trying to weaponise disease.
Why would any country want to develop a Coronavirus that kills humans 100%.
This is definitely a worrying development and it’s definitely time to wake up to reality that Covid ain’t going away any year soon.
Morning all
It’s been a terrible week for MHC on less than £25,000 worth of share sales we’ve declined 20% thus wiping off over 1.5m off the market Csp!
Is this Justified!!!!!
Absolutely not.
The sector has an average P/E of 14 plus
MHC has a P/E of Just 4
So to my basic calculations we should be on a price of 40p as a comparison to sectors average.
Am I saying it will happen over night ! No because the market will require MHC demonstrating consistent revenue and profit increases.
Can MHC does this is the question?. Yes in IMO
The revenue is already showing traction on the boots site and with nearly 2000 stores and fact our products are only in 801 the opportunity with Boots alone is immense.
You must consider your strategy when investing in MHC but the track record of Penny has been outstanding and we must believe MHC will break out this year as the doors to well being is truly opened to the public. Many people more conscious of personal health in a stretched NHS.
I will only be adding in 2024 for the longer term.
Good luck all.
Https://m.youtube.com/watch?v=c2Un5d_JlT4
How worried should we all be with all these experiments and we all know the repercussions when something goes wrong.
Is it for the take Covid and new strains seriously as an ongoing threat and pump money into testing etc.
The don’t need another pandemic but we all need to know our loved ones are protected.
Private vaccines coming but I strongly suspect Boots will be encouraging more wellbeing testing soon.
Spindok
I for one would have liked and update as regards sales of new tests but in reality you won’t get anything regarding these until March/April as the figures on January 11th were just and update.
I believe that Penny has 2-3 Months to ensure a plan to promote and increase new products and use Covid Revenue to create growth. We all know that the growth plan of new products is crucial but any good news between now and March will cement trust in the strategy.
It clear there’s more traction but more figures and guidance would be appreciated and go down. Treat.
Also would be nice for Directors to show support but this has been said many times and none since 2022!.
Still plenty to be optimistic about especially as we have the cash for expansion.
Spindok
Just need to relax
It’s dropped to 12.5p on £16.000 worth of sells!
So that’s 2.5p!
That’s over a million in Market cap.
I personally am not worried because fundamentals are doing fine and generating cash.
The Markets will decide if they take it up or down and we just need to believe in the board
I could do with a bit of revenue. Things are so bad I am thinking of getting job...