Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Chaiwala - you were also very positive 13 Dec 2022 10:21 posting:
"Yesterday i bought £10K worth of shares and it was shown as sell! I’m not gna fall into mms trap"
Be patient - WBI will bounce back.
Interesting read - thanks fourprinces. The quote "It is pertinent to mention that ****stanis are bearing the brunt of skyrocketing prices of petroleum products" says it all.
JoeCreed - I wouldn't characterise it as "Despite the big sale"
There was a fair spread of dealing back and forth all day and the trend was positive. I was thinking about adding more during the day and I was quoted for a 1million shares .2399p.
It could be looking good for an upswing with Coro after such a lengthy decline - but that's only my gut feeling.
Thanks Jonah58 - so the recent large selling is Lombard Odier - not Rhino in this case. Given that LO was a major contributor to the 2p placing a while back, I'm surprised. But could be in their case, portfolio management ahead of the new financial year in April ?
We are being misled by the limited information we've received - the cold facts are the wellness tests are NOT selling. I want them to succeed but clearly they are refusing to invest in marketing - that was the same with Covid if you remember - they relied on the panic and set their price competitively - market dynamics took over and they got as much business as they could handle.
Unfortunately, PM seemingly lacks in her skill-sets - spending on marketing.
But she recognised the need to get the retail chemists onside for Covid sales. So, that being the case, I'm frankly surprised to put it mildly why she hasn't made a beeline for getting them to do the marketing for her with the wellness tests.
As I've said before, I received very many emails from the company re wellness tests but never any 'killer' messages offering an inducement to buy - why ever not - it's a crazy waste of their massive database !
Only an rns confirming that at least Boots offering the wellness tests is going to lift the sp.
I have to say guys that my take on this is disappointing. It was delayed coming because, in my opinion, as we've all worked out, the wellness products are not selling. They are not being marketed either - which point is more serious in my opinion. They have cash resources which should be used in part to market the business and add more personnel as needed - they are only a lightly run ship as it is. There's no way I can see they have the appetite to take over failing businesses - some of which have been discussed on this BB.
There is a distinct lack of ambition from the BoD - possibly because of the stress managing such heavy throughput of the low margin LFTs on small staff resources. Today's RNS doesn't give us really any serious clues as to what they have done or going to do to address this. For the moment I will hold on to the shares I have but not looking to buy any more - the risk reward ratio is nowhere near good enough.
All the best everyone.
There were some big Sells today (well I''m assuming that's what they were) in excess of 15,000,000 - has to be Rhino Ventures I would have thought - perhaps we'll have a TR-1 this week so we can estimate how many more shares left. I still feel the underlying company is very good as it's continued increase in trading underlies but, what can only be distressed selling, makes uncomfortable reading.
Still need patience everyone. GLA
Great find smudge99 - first decent bit of news we've seen from MHC for a long time. Re. Concepta Diagnostics was the original company - but I don't recall if MHC was reversed into it at the time of the placing ? If so, perhaps that's why they're keeping it ? And as for SaMD, I can't get my head round that ;-)
I don't think I've seen the Glucose test on Amazon but the other 4 are there still - although I can't see any info from Amazon as to take-up. It wasn't so easy to find the tests - took quite a bit of searching - if I recall I had to put in myhealthchecked. So I'm guessing the seller has to pay something to get them pop up ahead of others ?
I'd like to see some response from MHC pretty soon - it's a little uncomfortable, even for a seasoned investor, to wait for news when it's not looking likely that the products are selling. The recent TrustPilot reviews make uncomfortable reading too.
I see Malcy in his blog has added some encouragement.
https://www.malcysblog.com/2023/01/oil-price-coro-and-finally/
He sums up the recent Philippine's RNS with:
" As Coro continues its renewables journey in South East Asia this announcement is pretty much self explanatory. This partner restructuring is preparing the way for these larger 100MW projects in the Philippines in order to get ready for FID/RTB.
I have recently, like most, been hearing that management at Coro has become a bit more active and Twitter has been all over Balochistan and further SE Asia deals in particular. Should this be the case there is every chance that Coro might be about to come back onto the radar screen.
If that is the case then the shares at 0.225p, having halved since the year’s peak may well be worth, as they used to say, a turn of the head."
I've been disappointed by James Parson's management of Coro particularly since I originally came in prior to the renaming of the Co and the run down of the Italian portfolio. All these years later it is now earning money with them. Now with the efforts concentrated on the far-east I was impressed with the way the Vietnam project is turning into a plus asset.
Today, we see the changes happening in the Philippines and there has been persistent talk regarding ****stan.
With the sp where it is - surely this could be a turning point worth considering ?
I saw today’s RNS suspending the shares pending an announcement. I am assuming the Science Group will acquire the shares at the low price of slightly above 2p. Many of us recognised the sp was only going one way after the heated discussions around 6p and in my case wrote that I was selling out in the market at 5.5p rather than wait any longer.
I incurred losses having held from the Corac days but even I didn’t see that the Science Group would “massage” the news output so incredibly well that even the long term Institutional shareholders would accept the current low sp.
I’m sorry for my fellow LTHs who have incurred an even worse financial outcome than me. What I take from this though is that the Science Group are an organisation to watch for the future - clever and a share to watch.
I agree Scharnhost about broker change. Wouldn’t normally rate as a shareprice positive but this confirms MHC is alive and kicking and will at least underpin the sp while we await confirmation that the company still has a good financial base. Something, despite the lack of news, I do believe will still be the case. A little more patience needed whilst we await confirmation.