RE: Green List11 Jun 2021 13:55
Hamil, as long as the govt want pcr tests with travel then MHC will do extremely well, whether it's green, amber or red. Boots are still selling 100+ a day online alone, then add in how many you think 507 stores are selling, then add their own website.
Just looking at the bad press LFT will be getting ( FDA/Innova ) then pcr isn't going anywhere soon imo.
Many stores are selling out due to high demand, so go figure!
They have exactly the correct strategy concentrating on Covid whilst it's still ''hot'' so to speak.
This will help fund product launches coming up soon.
AS I expect you do know they have 4/5 products already lined up ready to launch, so they have been doing other things other than covid.
In case you haven't read the latest update just a relevant snippet;
''Our future outlook and prospects
Our portfolio growth is on track and will be fundamental to the achievement of our plan, however COVID-19 must remain the number one priority for us through 2021. We are pleased to share that an initial portfolio of easy to use DNA tests is developed and launching soon. The timing of these launches will be co-ordinated to ensure we can fully utilise the same commercial energy that underpins our current COVID-19 strategy on which we are laser focused. In 2021, we are launching our expanded portfolio of at-home tests, building upon the MyHealthChecked brand which has become quickly established in the consumer space, and fast gaining greater traction and reach''.