Member Info for Atlantic57

Many Many bullish posts yet the share price continues to go lower why is this ?

It is very difficult to extrapolate these figures on a 12 month view .
Certainly on a one month view Revenue should rocket….

The Company public relations continue to be woeful…

Bakky /Zombie I am only offering an opinion and for all the reasons you make I remain a holder.
The opinion I am offering is that the share price had momentum and the company statement has now propelled us backwards. Sentiment is a major factor in the relationship between shareholders and their company.It will be interesting to see how they manage news flow in the future.

To run a successful public Company you need a range of talents. I am sure that trading is good.
However I have lost confidence in the ability of the management to communicate effectively with the market ., given the last update.

Bakky I totally agree with the logic of your post.However surely only an idiot would extrapolate a few days trading in May for the rest of the year for all of the reasons you have rightly stated.
My view is that investor phsycology is driven by announcements .
Anyway I am a holder and remain a holder.

The Company were very foolish not to provide any figures for current sails.Yes a rainbow chasers will depart .However until we get a trading update with figures we can’t evaluate the company.
They missed a glorious opportunity and in the absence of a proper trading update and announcements as opposed to rumours of new contract wins the pressure on the sp will continue,
All created by the company failing shareholders with a trading update that should have updated us.
I remain a holder.

The. Main problem here are posters who keep promoting the idea that the stock will double in hours and then roar onto 20 p 30p 100 p etc..
Until we get some hard figures from the Company ,which now looks like it will be sometime in q3
We can’t make any real judgements on where the sp will be. I think they missed a trick by not giving any indication of sales from Boots.

Fun duh the answer is we are waiting for the Company update.
The Advfn bb. Is not helping .Various postings ,like this will be 25 p within hours 100 p days historically have put people off when it has not happened.
Even today a poster says let us say they are making £30 profit per test ...

That is a fair point that gov is factoring in testing for some time.
I’m surprised that more people are not buying Mhc ,I guess they are waiting for the Company to update us.

I think we an optimal time when the shares could well hit those targets.However there could well be sharp pullbacks if it is felt that Covid is under control .

Here Are some sensible calculations from another poster.As I say we just need the company to give us an indication of sales.
MHC conservative calcs

So let’s say we have 100 tests a day at £10 profit margin that £1000 per day per 100
Days. Sales. Profit. PE. Mcap
350x 100 = £350 20. £7m
350x 200 = £700. 20. £14m
350x 300 = £1.05m. 15. £15.75m
350 x 400 = £1.4m. 15. £21m
350x 500 = £1.75m. 15. £26.25m
350x 750. = £2.62m. 15. £40m. 5.5p
350x 1000 = £3.5m. 15. £53m. 7.3p
350x2000. = £7m. 10. £70m. 9.5p
350 x4000 = £14m. 10. £140m. 19p
350x6000 = £21m. 10. £210m. 28p
350x10000 = £35m. 8. £280m. 38p.

There are 507 Boots stores and on line sales appear to be around 100 a day.We can do endless calculations but until they tell us it is just speculation .We don’t know what the gross margin is either. Sales per store could average out at 4 , 10 20 .
An update would allow us to quantify what “ big “ looks like.

We need a trading update to give the market some clear unambiguous information on Revenue
Generation.I hope this will come by 31 May

With 507 stores plus online the sales potential is enormous .However the sp will only rise significantly with new contract wins announced or the Company updating is on sales .
Still early days for this company

Many punters have piled into this believing it would instantly jump to 10 p 20p 30 p etc.
These Punters are exiting hence the drop.

Comek I agree with you.The Advfn board does have posters who keep pumping the idea that the share will rise by 500% in a day just because they are an approved contractor.
Mhc does have the potential for exponential growth but we need contracts first. The lie board is sensible.

The party is over for the rampers and pump and dump.posters appearing promising huge increases based them plucking a figure out of the air.
I like the Company but it will need to deliver signed contracts for the sp to go up materially .

Arsenal there are a number of posters on the ADVFN thread who believe that Min are close to a deal.If so all financing issues will have to be covered.However Mr Gilbert is not a charity but a hard headed business man.His reaction to the loan position will be significant.If he asks for his money back it is game over or more significant dilution.If he chooses to renew his loan then he must have confidence in the project.It is not long to wait as+generally loan neg do not happen at the last minute.

Arsenal Gilbert’s Loan is due for renewal or repayment in just few weeks.
That is judgement day ,