Member Info for jamrock

He’s not mentioned a placing but feels ABDX is due a placing.

I don’t know about that but they are also moving higher

Wessley

I surely won’t moan when the rise happens. I’m trying to to get to 2m shares but still a way to go. I’ve been topping up recently but I have to be straight. It’s all a gamble as shares don’t often follow a path of fundamentals. On paper we tick all the boxes of a perfect growth stock. Especially no debt but in reality the markets don’t behave as they should. How many seen it falling from 28p to 16p!. I didn’t for one expect to see that but I do Hope topping up on weakness proves a wise strategy but who knows. I have kept some powder dry and will keep throwing more in if it rises as I believe in the fundamentals and future revenue streams.

Just hope others in a position take advantage of these prices but remember my strategy is long term and I won’t be selling any less than £1.00.

Either I make it or it breaks me but I’m a patient person so sticking around for the ups and downs but not advising others to follow me as it’s all a gamble as I say and good news and we fly or bad news and we die.

Hope your views are correct Wessley

I actually agree it will fly past 20! But when.

Sooner than later hopefully.

Wessley

I hope your correct but let’s see selling price above 17p then we slowly get momentum back

Let’s see if selling price is raised!

Then the heard will follow

You get a feeling this could move higher. Maybe the risk appetite is back on

Wessley

We are in Boots and I guess selling surely based Boots promotion etc.

Don’t you think MHC would be better using its time, energy and money to gain retail contracts such as large supermarkets etc or promotions for direct sales.

Tik Tok would be a cheap and effective way as many target market people follow certain people with hide followers.

MHC need Directors to buy as we’ve done.

The price went to 7p at one point pre consolidation and now after 15-1 consolidation it’s nearly a penny.

Sorry but Penny and board need to answer questions in the upcoming update.

Consolidation was meant to bring stability!.

Anyway on another note shares appear to have found a floor so hopefully news and we head north again

Wessley

Most people are aware that the company is undervalued on many metrics such as book value, debt free, new products and revenue stream however confidence is derived in a company by the board. The board have had many opportunities to reassure investors things are moving accordingly to plan and early signs of sales in Boots and also the board haven’t bought back any shares as alerted to in Januarys RNS. The board of Directors have received decent salaries unlike most LTHs but failed to reinvest into the company even as shares fall to near all time lows wiping off over 40% in a few weeks.

I believe in MHC which is why I’ve invested but also believe the board which has done a great job to ensure our expansion fully funded can do more to help restore confidence which will in return reflect in the price.

I also feel this may represent a great entry for new investors looking for debt free growth value companies

Wessley

I love optimism but need to see more volume and capitulation 100% although that could have been yesterday. When it blow it will blow but cautious people treading carefully as many been burned a few times.

Company has the power to create optimism with a positive update

Wessley

Need good for any sustained rise.

HotChip

Just as I thought. MHC is well funded and at close to 30 on the RSI I’d say well undervalued and oversold.

Clarification from the board that things are going to plan would be a significant boost but update not due until next month. Still the big seller may well be a distressed seller but it’s spooked others to sell. Anyway let’s move on and focus on fundamentals which to date haven’t changed but actually got better with new products on shelves in Boots etc so more revenue. Will the company buyback 10% on the fall as stated in Januarys RNS!

No debts and no interest to pay on loans like many AIm companies.

My guts saying it’s a perfect buyers opportunity but also cautiously think a huge drop from highs of 28p.

Nothing goes up in a straight line but in reality it feels like a pre consolidation double bottom

GLA

Wessley

I’m probably one of the more optimistic investors in MHC but lack of Directors buying or a positive statement to support the price ain’t helping. Many probably fear a profit warning in the light of lack of news flow but I do see a slowdown in Covid products but equally see positive revenue from new products. Whilst Directors don’t have to purchase shares in light of Januarys RNS then now would have been an opportunity to buyback 10% of shares on the cheap. Sorry but leadership requires decisions to also ensures confidence which equates to

Positive momentum. Maybe there’s a reason for

Not buying but does the price change course without news. Many LTHs lost faith long ago but I’ve remained positive only to be constantly frustrated time and time again but I’m in for the long haul and buying on weakness. Hope it pays off but who knows.

HotChip

What RNS this morning!.

Have I missed something

Hot chip

What RNS this morning!

Back to nearly 1p pre consolidation on know news but some dumped a load. Sad day but I’ve took another chunk but can’t say how this pans out but hopefully it’s capitulation and we head back up

Well what a morning

Closed period is usually a month before but we’ve had time for them to buy since the last RNS. I can only think it’s because they are privileged to price sensitive information otherwise it’s scandalous if they ain’t bought to support the price.

Few decent buys coming through but need to get the constant 50,000 share seller gone then we could move significantly higher.

Once again I repeat my we need the board to up there game with a RNS or share buying. No reason not to buy unless they are privileged to price sensitive information.

They need to stabilise and increase share value as Penny advised was her objective with the share consolidation

Wessley

How many share do you own if you don’t mind answering!

What is your average!

Wessley

Just got off the phone and confirmed they were aware of your statement on LSE but stated they were not aware of any campaign to be launched but advised it was part of the MHC strategy but they were not aware of any RNS due. They did advise that it was public knowledge that MHC were committed to marketing inline with their strategy.

I’m not saying your version is wrong and hope you’re right but I got a slightly different take than your from their comment.

On another note we are definitely hitting oversold territory so hoping for a nice bounce.

Any news from MHC could help this but sad to see the share price drifting as many LTH sitting on losses including myself however I’m taking the opportunity to top up but sadly will have to wait a little longer to break even.

Still a firm believer so staying the course.