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Lied... It was 19th!! zzz
The last update was January 18th so surely they will confirm this week than Penny has not turned into a Far Thing and all is going swimmingly. Only this morning I saw two pigs fly by.. I goimg back into hibernation as it is blowing a gale and pouring with rain. I am all honed and toned from two days of sun and dizzy temperature in the 20's.
How can this share move higher with a 15% spread!.
Will the selling price rise or buying price to balance it up!
Will the company address concerns to get it moving. With cash in the bank are they missing an opportunity to expand!
Spin
It definitely feels like the Titanic or a company that have shut up shop. No results is causing investors to bailout.
No one knows what’s happening with the company and it’s clearly sending a negative feeling throughout the share price.
Just hope Penny has something to offer because communication skills wouldn’t receive 5 star at all.
Anyway all we can do is wait now. Never seen a stock with 8m in the bank and 5m market cap.
Even shell companies do better
Begining to resemble the Titanic. Everyday it sinks a bit more....Please please. Update.
Spin
I think the board has took big bonuses and early retirement.
Penny is busy preparing for the new Christmas Party
Last update was on 19.1.24. Just a gentle deep breathing coming from the bored room ....Big question is are they just snoozing or dead!!
Crazy low valuation
Spin
Many big sells today.
No rest for this one
There are a few buys today and it maybe because some form of update or results are due. I remain cautiously optimistic. Then I am bonkers!!
Albington health (ABDX) manufacture Boots tests.
Strange thing is sure we sold the facility to them.
I still think we should have put a cheeky bid in for them when the were struggling but the share price is slowly recovering as they continue to release good news. Still think ABDX are in need of a cash raise because the cash burn situation.
Do we know who manufactures or supplies the Boots tests? Could they just be white label versions of the MHC product?
Amber
Iron and vitamin tests available all over Amazon etc.
I do however agree they are aware of the tests that have most potential based on information.
MHC just need to have a plan of their own
So I see Boots now have their own brand tests - Vitamin D rapid Test £7.99 - same price point as our Vitamin D Test.
Positive step?
Have to assume Boots have done their DD and customer research here and see the potential ...
The flip is we now have a competing product
Heard a rumour they are working on a new Test. Seems ittests Patience zzz
Https://www.boots.com/flowflex-antigen-rapid-test-lateral-flow-self-testing-kit-25-pack-10315414
Never thought these were coming back but the fact they are selling just shows care homes etc still need them in large supply.
Not sure if this is new or I've just noticed it today, but there's a new PFP on the MHC twitter page. A rather uninspiring white 'm' on a bland green background.
Wonder how much of our cash has been spent on this 'graphic design is my passion' inspired marketing
All these will be questions to put a the investors meeting after results which must be due soon
Are the labs they use sub contracted and shared with other providers of similar products?
Don't think so Jamrock.
Concepta is MHC - it just changed its name in 2020.
Concepta did sell its manufacturing site in Doncaster to ABDX in 2020, and at the same time agreed to outsource its ongoing development and manufacturing requirements to ABDX. Whether that agreement remains in force (at least for some MHC tests) is questionable I think given that all MHC LFT's are now manufactured in China.
Mhc sold concepta to ABDX!
Why!
Jamrock - if you go into the details of any MHC LFT here, you will see they’re all made in China. Other tests are made by Concepta, possibly in collaboration with ABDX going back to 2020 agreements.
https://www.boots.com/my-health-checked?paging.index=0&paging.size=21&sortBy=mostRelevant&criteria.category=MyHealthChecked
The Chinese tests, at least as far as I can see, are then white labelled by MHC before being sold in Boots.
Alamo
Do you feel we need to be announcing our own contracts or shouldn’t we have provided Boots with their own brand or am I missing something.
Are we producing our own or in collaboration with ABDX
Do MHC still have any arrangements with ABDX
MHC already have their Vit D test in Boots since last year. The way the posters are commentating over there you would think their Vit D test is the golden egg. I have already said that there are 2 Vit d tests in Boots already (inc here) so another will just be adding to the already large market. If you put in Self rapid test Vit D into Google you will find a lot more of the same.