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Https://m.youtube.com/watch?v=szSM-ZSOVWs
Should we all be concerned that China won’t share data on new virus outbreak.
Should we take precautions against China and restrict travel or reinforce testing of Chinese citizens!!!!
Https://m.youtube.com/
Many American senators urging Joe Biden to reintroduce a Ban on China until more is known!
England is sleep walking and saying nothing, waiting for guidance from the USA as usual.
England can not cope with breakout that affects children mostly as the impact on the children is bad enough but the effect of the NHS will overwhelm already stretched services.
I’d suggest PCR testing for travellers would be sufficient for now and LFT tests for all incoming travellers and only a travel ban as last resort. The aviation industry is just starting to recover but it’s
Paramount the government do
Something as voters won’t be forgiving if many children suffer as a lack of action
Https://www.totallyplc.com/our-services/corporate-wellbeing/
Notice the importance of digital data which MHC appear to be investing in big. I believe MHC fully understands this area and the need for a digital platform. I do believe it will pay off given its a growing niche market
Https://www.lse.co.uk/news/TLY/totally-shares-plummet-as-it-blames-first-half-loss-on-nhs-crisis-evvnbtgv7yw7dvj.html
Totally a company in our sector recently collapsed to all time lows. The company blames its falls on the NHS!
Anyway it’s in our sector! and the great thing is for MHC is it’s one growth area in the business is it wellbeing division. So maybe our figures will be better than expected in January.
The strange thing is they were giving dividends all along despite having little cash in the bank and little profits. So I say maybe given our positive financial position maybe we are in a position to issue a dividend.
I’m expecting our cash position to increase to anything from 7-9m!
How many might ask.
The chairman’s statement alerted us to 3m paid tests being converted into cash and no need for purchasing by way of contractual obligations in 2023. I do expect revenue less than 2022 due to less demand for PCR and lFT testing. That said since June we have had a surge in lFT tests. It’s a shame we never knew daily sales in the shops as we do with online sales. This would allow a more accurate calculation. MHC is definitely in a growing market and I just hope the market appreciates it’s just a Covid play.
Definitely deserves to be much higher
Https://m.youtube.com/watch?v=xQns__yj2Dk
If Penny does employ any member of her staff to look on boards like this to see what investors are thinking . I would urge her to seriously put out an RNS indicating whether they are experiencing an uptick is Covid sales.
Looking at the Boots ticker you notice a sudden spike again in the sales. Many may say but why!
I would say people deserve to know we are well equipped as this new outbreak of!!!! Breaks out. What ever people think some 3-4 years on we still in times when new variants and diseases are a constant concern to public health. This isn’t a dying business it’s a growing one and a vital part of MHCs revenue. Penny should be alerting the markets if she’s seeing uptick in sales as the markets heard nothing before and were shocked by the drop in revenue. Whilst they clearly wish to shock the the market in January I’d suggest letting us know if signs are there things are better second half.
I’d be banging on that people to add both Covid,influenza and new tests to the stocking at Christmas
Davand
https://www.boots.com/flowflex-antigen-rapid-test-lateral-flow-self-testing-kit-5-tests-10312496
Still selling and making money off selling others tests
Smart move or stupid one.
When I I go shopping to Tesco’s im confused what bottle of water to buy! Smart water or tescos own brand. Why do Tescos sell others Davand if they have their own brand.
I still can’t work it please enlighten me
Davand
You know as well as I do it’s personal for you and I don’t need to go there.
Do Tesco’s sell their own products!
Actually they have Tesco’s own brand
But the point being do price comparison sites sell their own or make commissions off other!
Mhc have their own brand whilst making millions off others. That’s smart in my eyes.
What would you suggest they do! Borrow money by way of more shares and dilution as Yourgene did to kill investors value or keep selling millions of others tests and making millions!
Your smart so your call
Nothing to do with Ygen or Rees, this is about mhc and their inability to sell their own products. Fyi, I bought a sackful in the offer so not too bad for me in the end. Never had that much in to start with, anyway that's history. I see the directors are filling their boots with cheap shares... NOT!
Https://www.mirror.co.uk/news/world-news/chinas-mystery-virus-sees-masks-31550470.amp
Sorry but this could easily blow up in everyone’s face. If China is reinforcing Masks and social distancing you know it’s Covid 2020.
How long before we demand them take PCR tests to travel.
If we’ve learnt from before we need to act fast and not trust China
Https://www.telegraph.co.uk/news/2023/11/28/gove-covid-inquiry-man-made-china-wuhan/
China covered it up last time!
So why trust them this time !
Davand
I know it was terrible how Yourgene sold out to Ncyt but look how fast it’s rising now!
Maybe we need them after us. The average person in mHC is probably 70-80% down.
Despite reasonable progress and in a healthy position the markets do seem to be ignoring mHC
Ncyt flying probably due to swine flu
https://www.google.com/search?q=what+are+tests+for.swine+flu&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari
Surely we are well placed to benefit from any testing with our contracts with boots.
Https://m.youtube.com/watch?v=dn_qkUFl1tc
Is the new Chinese disease that mostly affects children and vulnerable spreading to the Netherlands!
Should we be concerned!
Davand
You said a lot of things as regards Yourgene being able to go it alone but in the end bad management caused its failure.
I’ll say it again MHC are debt free and growing in cash in the bank and building its own brand.
I do agree traction on growing revenue from new products is needed but changing peoples habits of relying on the NHS will take time.
The key is they have money in the bank in an environment of uncertainty so I view them as one of the most promising and prudent companies on the AIM. The markets will see this after December when all the paid tests as stated in the last update are converted to cash.
It will take time but it’s certainly growing
Davand
It’s clear your personally against Rees whom you blame for the problem at yourgene which led to them selling to NCYT on the cheap. Unfortunately yourgene ran out out cash and options which was a shame but it is what it is.
Penny’s in charge at MHC and shaping things well with over 20 new lines and whether you say it’s money from yourgene or whatever we are self sufficient and debt free. If MHC were smart enough to make money from yourgene that signals a smart woman called Penny is doing her job.
Yourgene probably did the best thing given they are part of a larger company now however I also had a few shares there and know shareholders were shafted in the deal.
Mhc are only here cos Ygen practically gifted all your COVID revenue lol. I'll say it again, they won't get anywhere without selling their wellness offering, even if COVID sales keep them afloat for a while. The market agrees unfortunately.
Https://m.youtube.com/watch?v=sy0A80X9q0o
Should PCR tests for Chinese travellers be bought back. Surely we can’t just allow this to spread!
Our hospitals certainly couldn’t cope in the paediatric departments because we don’t have enough children nurses as it is!.
If I were the governments world wide I’d be cautious because China didn’t cooperate in 2020 which led to the last pandemic.
This could prove to be a scare but it definitely seems serious enough to take precautions.
Https://m.youtube.com/watch?v=bW3PyPBzhRU
Should the Uk be monitoring this new breakout in China. Given it’s affecting kids so badly you’d think that WHO would be worried. Uk don’t need another situation with hospitals being filled with children over Christmas.
I think we are better placed now but you do worry for the children if this spreads
JBongo
Tesla would never have been able to expand so rapidly if government never offered incentives to switch etc and basically gave Tesla free support and customer’s incentives to switch.
People and supermarkets would never have changed habits with shopping bags without government charges etc for a simple bag.
We have tests in many areas that will have an impact on patient’s health and Government savings whilst not promoting privatisation so it’s definitely a wise strategy to explore.
Penny said it wasn’t her intention to move into LFT tests when PCR tests were not required and I stated on here she would be smart enough to realise MHC needed to go down that route and she changed strategy and embraced LFT testing. Whilst some kept saying we need to move away from Covid testing I’d say it’s a pathetic thing to say that because every single shareholder has benefited from the revenue that continues to flow towards MHC via flowflex test. No dilution and millions in the bank whilst expanding the portfolio added by the revenue is a dream to any board of Directors ears. No debts whilst many companies have gone under is testimony to the strategy of LFT testing.
How many companies on the Aim are self sufficient in this field!.
How do we expand with a significant impact that can create a market disrupter situation in an over stretched area and generate millions without have to advertise with this strategy.
What would be the value of MHC if a deal on the basis of what I would propose could be struck allowing Patients to utilise MHCs tests with boots stores.
JBongo
You are absolutely correct and it’s not intended for the privatisation of the NHS however having nurses that do back shift for independent agencies wasn’t intended to privatise the NHS but it is basically costing the NHS millions per year because of a floored process.
My point being that the current process of patient and GP is floored in many areas and the process costs the NHS millions with appointments from A to B just to get standard tests that MHC can provide with some allowing immediate results by utilising the services of both Boots and MHC which have the infrastructure in place and system ready to go.
The HIW opens the door for expansion in this field just as Tly have taken advantage of the employment problems in the NHS we can do the same to help alleviate stress on already stretched waiting lists that’s costing millions in tax payers money.
So MHC are smart enough to see a gap to a create brand awareness whilst saving millions to the NHS and able to make the current process more efficient it’s the sensible and realistic way forward and a perfect opportunity to prove it self.
Some of the tests are less than £10 however if you have to go and have these test via current NHS process getting a referral, letters sent out!. Costs on the NHS must cost a fortune in money and time.
MHC could be placed to provide game changing services.
Penny knows this 100%
I don't belive doctors are going to be referring patients to boots jamrock. The inspectorate Wales certification was intended to allow MHC to get doctor oversight into blood/urine tests and allow phlebotomy in places like boots for MHC tests (as stated in the RNS). It's not intended to be some kind of privatisation of NHS testing.
MHC strategy will be to convince people to take tests themselves outside of going to the doctors and get tests they would find it difficult to get doctors to offer (e.g. viramin D tests).
Davand
https://m.youtube.com/watch?v=r6odwKkNj34&pp=ygUKY292aWQgbmV3cw%3D%3D
So if this spread world wide a tests are needed to protect children you believe MHC would be wrong to capitalise!.
Sorry Davand but MHC is run by Penny who is proving to be a shrewd smart woman and whilst all of us shareholders at MHC want sales of new products to increase we also know importance of all revenue.
The revenue equates to a lot of cash in the bank which is probably producing enough interest to pay the wages alone. So long live the revenue streams
Davand
You for one know how important Covid revenue is.
YGEN had to sell out on the cheap to NCYT and shareholders got screwed because YGEN failed to capitalise on Covid revenue potential.
MHC have seen what happened there and using its Covid revenue to maximum effect while building a brand. All that is needed is a contract with Doctors and Gp referrals to Boots and bingo. The Welsh approval paves the way and we are building a digital platform for this very reason I believe.
Either way any smart board would maximise revenue from any means
Covid is still an important part of the business davand. We can still make a lot of money from it each year if things follow the same pattern the6 have in recent years (i.e everyone thinks covid is over early in the year, then a bit spike of infections hits later in the year, causing everyone to rush out and get tests).
Stop banging on about COVID. This is going nowhere until they can show good robust and sustainable sales with their other core products.