Member Info for jamrock

Wessley

I thought you were in for the long run but good on future investments. Nothing guarantees any stock will go up in these markets but I do hope MHC comes good eventually.

No follow through today so maybe we have to wait and take more pain before it goes again. Strange share as a persistent seller keeps selling into buying so I hope they don’t know something we don’t.

Anyway all the best and good luck

Https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=MHC.L

Let’s hope British bulls are correct but more importantly let’s get the update sorted.

JBongo

If the news is positive then Fridays a good day for a happy weekend but I need to see the update first.

I still don’t understand why you would delay and update just after the CFO goes.

The key for me is the new product sales and any new contracts. Surely now products are proven and tested in Boots deal other retailers will want to stock them.

One thing for sure the tests certainly help GPs out because many people would have needed to see one before they discovered MHC.

Fingers crossed but happy to see a rise instead of a down day.

I’d like to see a follow through on good volume

Sudden jump!. Maybe some news on the way?

Daction

I thought that but you’d get the run around

It’s impossible to ignore the silence but no one appears to be answering the question are they legally bound to announce the half yearly update without a reason or do they have a certain period of extended time!.

I do the new products are selling well many of them.

Have they got other news coming with the update, whatever they must have a duty to update

Https://investors.myhealthchecked.com/corporate-news/archive/2023/030423

Based on the statement in the last update regards results for year ending December 31st we were in a strong position with a robust balance sheet!

Many have speculated this may have changed but my understanding under the Aim rules is the board would be duty bound to disclose this which if inferred correctly would lead you to conclude everything is on track.

I would like other’s opinions on the rules as to when they must disclose the information by to shareholders.

Https://docs.londonstockexchange.com/sites/default/files/documents/AIM%20Rules%20for%20Companies%20%2801012021%29_1.pdf#page6

Surely based on the rules MHC has an obligation to produce an update for period ending June.

I’m interested to have other views and opinions.

JBongo

I’ve bought more also and hope what you say is correct but the total disregard for producing an update on time without any comment is reflected in the price.

Market Makers will have a field day with nervous investors and this leads to an unstable share price.

The board especially Penny said she believed consolidation would create stability in the share price well lack of info and guidance has just contributed to a 50% haircut.

I just hope the update has a surprise for us otherwise we could unjustifiably drift lower on low volume without news.

I question the motives and intentions of any board to allow such a thing that destroys confidence and shareholders value whilst they publicly state they intend to create the opposite.

Penny has delivered on all occasions however this is vast becoming a missed opportunity to reverse the decline and leaves investors vulnerable. I hope Penny reads the board and addresses our concerns urgently before share holders value is destroyed because of basic unprofessional board duties such as delivering news inline with specified dates.

Sorry Penny you’d get zero out five if you were on trust pilot just glad the products rating is much better.

No debt and profits and we still get punished.

Craziness

Davand

You’re still as positive as ever lol.

It’s shocking we haven’t had any news or an explanation

Strange no news!

All LTHs including myself hope for news daily because usually positive news pushes our investments high but Penny would argue her job is to continue delivering and the markets will decide.

So Monday will be a make or break day but no one other than the board know what’s coming.

I’m only interested in figures and facts and one’s personal investment decision is up to them.

I’m long term but hope the news is ok otherwise long term gets longer.

On another note I tried one of the Iron deficiency test which confirmed I was deficient in Iron but I must say the test proved challenging to get enough blood out me so hopefully they can address that issue but glad I tried it and will do so again in a few weeks to confirm I’m back to normal.

Wellness tests are definitely the future but it will take time for people to understand the importance of them and many just relying on the NHS.

Leer75

Great find given Boots have confirmed the Covid tests are up by a third in a week but also the new tests are regularly selling. None of us know until results how the six months sales have gone over all but I feel the statement from Penny about the new tests, new contacts, expansion plan, and B2B2C will be important along with financial figures. It’s not unthinkable to believe if costs have been reduced and money saved from lack of advertising that MHC ends up with more capital than the Market Capital!

https://www.boots.com/my-health-checked

New tests are selling in Boots and every growth company has a plan. It’s definitely time for investors and the Markets to get behind quality growth companies to prevent the UK being left behind as many good company’s go to the wall especially in a high inflation and interest environment. I hope Penny emphasises our debt free position as this will be vital in the growth stage.

Wessley what ever happens Monday I’m here for the long term and will buy more if it falls and sit tight if it goes up. I just hope for all it’s the later.

14p unjustified in my opinion.

Maninpink

Yes I did say the same thing prior to consolidation and it went below a penny and it did go up to 28p after consolidation. The pullback has been brutal but I’ll say the same thing! Is it warranted based on reasons I’ve stated.

We will all know on Monday hopefully but everyone has an option and some say nothing. I do not see a reason for such a huge decline since the Boots deal has been announced and products starting to shift.

The markets may well continue selling off or equally a huge bounce. However I’m in deep and staying however long it takes because I bought on the long term fundamentals and strategy.

I however have concerns about the CFO leaving but hope it’s for personal reasons rather than MHCs performance because you’d think think they would alert the markets if they new results were lower than expectations. I know they never gave guidance but it’s normal for companies to alert the markets if they see signs of things that can materially affect the price.

I’ve always said we will get lower sales of Covid products but I’ve also said it’s the new products the markets will be wanting more info on.

Anyway I am positive about MHC and probably biased because Penny has delivered many times.

Results need to be half decent though as the market is brutal

Time to take risk I think. 50% cheaper than recent highs. New revenues coming on board. No debt and I keep reminding people. Fundamentals in tact. Time to get greedy and took them away

We need to flush the persistent seller out. Honestly who would keep selling at 5 year lows knowing we are debt free in a rising interest environment. A growth company in a growing market. Even I’ve just purchased an iron deficiency test as I suffer from colitis and need to check iron levels but can’t bothered to go to the GP.

Wessley

Penny already said she expected a lower demand for covid tests. However Covid ain’t gone away so there’s still a demand. I also note she said she expected a steady demand in 2023 for Covid products.

We all know demand for new products is picking up but will take time and marketing to really take off.

I’m sure they are busy finalising new contracts to announce to us.

Either way our share price at five year low is way unjustified.

The cash position alone is probably still over 6m a lot of costs absorbed into last results if you read previous RNS updates. We have new revenue streams so many may be shocked and surprised by MHCs resilience and importance of diversification.

I did however think results may come today

Wessley

Have you sold out!