Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Just have to keep the faith and hope!! Have a good xmas and new year...
Spindok
Yesterday was the start and hopefully the continuation of the reversal. I like to see the 200DMA taken out to establish a new support before news lands. A big moment soon with year ending upon us.
We must believe as Donald has.
Curious to know who Donald is!
Any way last day of trading before an exiting 2024 arrives
I’ll be here beating the drum whilst it keeps performing and growing from strength to strength.
Blessings
Https://zakstraderscafe.com/bulletin-board-heroes-december-29/8229/
Zak Mir is saying 16p is the next level of resistance!
I think any positive leak and it could easily more swiftly.
The key is taking out the 200DMA for and then news to trigger a run
Https://www.amazon.co.uk/Flowflex-Antigen-SARS-Covid-19-Rapid-Test/dp/B093KZ8CR2/ref=mp_s_a_1_1?crid=FD0KXMGBR31R&keywords=covid+lateral+flow+test+kit&qid=1703936730&sprefix=%2Caps%2C257&sr=8-1
Amazon sales rising to 80k month from 40k a month ago. Was 90k in October.
Shows Covid is having peaks and troughs as new variants keep emerging.
Whilst we all agree MHC is right to concentrate its growth strategy around the new tests it’s important to understand the importance Covid revenue is really playing to aid this strategy.
I’ve been in this stock long enough and heard many say Covid is a thing of the past every year however it’s clear it will continue to provide a steady income year on year.
Now end of year is upon it’s going to be interesting to know how much revenue it’s generating still along side new products growth.
At MHC we are privileged to be be in a company that don’t need any capital injection from shareholders in an environment when companies are struggling to stay afloat. Needing to borrow at higher costs which eats into profits. I think Penny will demonstrate this and emphasis it in the next update. This company is growing under the radar without being noticed and Penny will be well aware it’s vulnerable to a takeover and I’m actually surprised someone ain’t snapped it up given low valuations and cash position.
Especially as there’s take of vaccines being sold privately in Boots etc soon!.
Who’s better placed than MHC to sign a contract to implement this!
Blessings to 2024 and I truly hope all us LTHs are rewarded.
Was the government right to call it endemic.
https://m.youtube.com/watch?v=V1Sh06CrayM&pp=ygUKY292aWQgbmV3cw%3D%3D
With the new variant JN1 spreading like wild fire should the government be issuing more caution in holiday season.
I say 100% but we all know they want the economy to come first at the risk of health to elderly and vulnerable.
Borris said it’s elderly people fate!
What a disgusting statement when he himself needed hospitalisation in the pandemic.
The government won’t protect us with such a fragile economy but the least they should encourage is self testing on many issues.
The NHS is stretched and we all know that but encouraging companies like MHC to expand only helps a stretched NHS. In a way it’s like self privatisation of the NHS because if you can afford tests that help personal wellbeing you should be encouraged.
This formula is out now and at the beginning of the journey and like AI, bitcoin, and other market disrupters MHC is only going to get stronger and more profitable.
I’m saying the figures due imminently will reveal a substantial 2nd half increase in revenue on all fronts.
At 6.5m valuation is MHC the 2024 hot stock.
Will more deals be announced shortly to confirm growth strategy and potential.
I think Penny knows what 2024 will bring.
Good luck all and a Happy new year once again
Blessings from Jamrock
Https://news.sky.com/story/amp/covid-vaccines-could-soon-be-sold-on-high-street-retailers-say-13040005
Just as I’ve been saying for a while. Vaccines will be offered privately in boots etc.
Sky confirms Boots is looking into how this may work!
Will the likes of NCYT be willing to go direct to Boots or will they take and established route and simply launch a bid for MHC knowing they get a already established supplier to Boots at a dirt cheap price.
Remember MHC has made a lot of money from a company called yourgene that was snapped up by them. It would be logical given our board members connections to yourgene to believe a total buyout is on the cards.
Also remember the RNS which added the bit out about the Directors options being exercised if a takeover happens.
One thing is for sure the government is looking at ways to moves vaccines etc into the private sector so it doesn’t cost them. This is the way a lot of well being test are going that GPs and Doctors would have normally ordered .
I think Penny would be wise to get end of year figures out there early if we have experienced a huge demand second half and show a positive signal that 2024 will be a much better year.
However something tells me me MHC will be on the radar of bigger players and Penny may struggle to fend off a takeover.
Welcome to 2024.
News imminent!
Buying price moving up today nicely and sellers need to offer more.
Very few sellers as shares tied up with large holders.
Tight squeeze and re rate on the way with good news.
2024 is the year this proves its a company to notice
MHC is finally unlocked and moving at pace.
200DMA been smashed so new support established.
Great start to 2024.
Positive News and we take out 20p short term
Entering the stratosphere.
GLA.
Cyprusbiker
Welcome to the board.
I hope you correct.
The bikes heading North. That’s a fantastic sign
Now offering 14.28p for £8,000 on a dummy sell so clearly buyers aware they need to offer more however my advice is hold on as demand for these will increase and any news and we could see a truly significant jump.
Early birds will catch the worm in 2024
Thanks Jamrock , and thanks for the updates.
ATB AGH.
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!