RE: Sage comment on BBC3 Dec 2021 17:20
roly12 - to have come through a year moulding the business to grab the Covid opportunity - from a disaster women's fertility product (which on the face of it should have scored big time), shows excellent business acumen from a small team. The thousands and thousands of pcr tests they've processed and end the year with such a realistically brilliant TrustPilot score, shows excellent efficiency too.
We've been told along the way, how cash flow positive they are and now profit generative - although we can only guess at numbers right now. I'm hoping we will have an early indication just how profitable early in the new Year.
I don't think we've been given any pricing indications of the dna test kits but their link to Boots and Lloyds Pharmacy means presumably they'll want to service the products primarily via them. There's a US company, multi million sales which I wonder if MHC has based it's own business model on - letsgetchecked.com. They appear a very successful company offering a very wide range of tests - eg coeliac test at £59 and fertility tests from £69 - £119. To me, MHC has every possibility of doing well with the Boots/ Lloyds connection in competition with letsgetchecked.com. It clearly is a massive market and MHC has shown it can handle the business pressure.
So, in summary, the outlook looks good for us in the near and long term. The shares offer the potential of a multi-bagger from these levels and I don't think the market has yet understood the Company's potential. We'll be in a better position to understand, once the end year results are announced.