Member Info for jamrock

https://www.tradingview.com/symbols/LSE-MHC/technicals/
Extremely close to taking out the 100 DMA. Will it happen today!.
Will we get news soon. The strange thing is we are rising nicely without news. The sad thing is many are still well down including my self because of the way this has fell so low.
The stock will want news soon to keep momentum going. Penny definitely has the ability and opportunity to prove herself and deliver news which in return will appease the stock market and also please investors who have been patient.
GLA

It’s a dangerous stock and I wouldn’t touch it

Valuation
I also think that MHC are quite clever with B2B2C because they’re well aware at how stretched NHS services are.
I just hope they are able to get the deals over the line and make an announcement.
Also I would like to know they are starting to buy the £50,000 shares for employees if they haven’t already because it’s getting more expensive as the price rises.

https://www.tradingview.com/symbols/LSE-MHC/technicals/
The buying price up to 0.125p and selling at 0.130p
All good

Prime time
All the way to £2,00.
Just look at the charts.
Short term downside trend line cracked so onwards and upwards.
Happy days

I personally think today’s news will be the catalyst for a sustained rise and Hope break the short term down stream and head back to £2.00 over time. Well undervalued on all metrics. Also they were quick to resolve the bud strikes so they know the business is in good shape

Investors will lose everything.

Bought in on the open and happy to say I’m confident it will rise substantially over the weeks and months ahead

Yes hoping it starts to move higher again. No reason for it to be so low given the strike settlement anyway.
Good news

Finally the selling price has moved up to 1.2p so I’m personally hoping we can see a sustainable rise and break 50 Day moving average.

Selling price on the verge of breaching 1.2p so hopefully we can move up to the 50 DMA very soon.

I also believe the consolidation will help stabilise and push the share price up.

Iky
Good luck on whatever you decide

If MHC were actively purchasing the £50,000 worth for employee benefit scheme should they be issuing a RNS!!

The market don’t like something!
Offer price needed but a bid rejected before over £2.00 and it sold off to recent lows in the 30s. Who truly know show to play this!

https://investors.myhealthchecked.com/corporate-news/archive/2023/030423
Worth reading the results a few few times. The key thing is new products are fully funded so no dilution.
Let’s hope Penny drops the news soon as this stock should be over 2p for sure.
As a LTH like many it’s dissatisfying given our results .
The market clearly waiting for news on contracts and new products.
Also once these are signed off we can hopefully see some Directors buying. Last year Directors were paying nearly 50% more for these shares.
Let’s get contracts sorted Penny please!!!!

I think you’re miss understanding me. No there isn’t any shorts but given few shares around anymore who sold will probably want back in and create a squeeze for the shares. Short squeeze was the wrong choice of word’s however I see a squeeze as fewer shares on the market if company announces good news.
Similar to what happened at GDR who have 99m In issue. They fell to 8p low and rocketed to 48p in anticipation of good news and they have next to no revenue . They have fallen back due to lack of news.
We fell to lows of 0.095p and could easy rocket if good news lands but we definitely in need of the news to create a frenzy for the shares. Just my opinion but with less than 40m in circulation it’s easy possible

Bankruptstock.
If this hits 20p it will fall through that and go as low as 18p which is longer support from recent lows of 8p.

Also it reverse from here where it’s just breached a support line on the down side.
Today is critical and crucial because this will create a massive buying opportunity soon and will definitely be a lot of activity soon either way.
I certainly wouldn’t like to call it at open today but hopefully it’s up but will definitely be flooding back in if it goes sub 20p

They look like buys. If so this could be a signal. The graph looks like it’s double bottomed so hopefully it could easily bounce on a good RNS as a buy that size would probably be a current investor averaging

I don’t it’s a matter of whether it’s a 1p or 18p stock it’s still a penny stock unless it gets beyond £1,00 to lose the penny stock status.
If the share were to rise to over £1,00 say £1.08p it would be the equivalent of 6p now roughly.
It went to 7p with no products other than Covid products a few years back so definitely achievable if launch goes well and new revenue line’s opened up.
At a PE of just 4 it’s definitely possible over longer term.
As a balanced view we need to note we need confirmation of deals with current retailers and new ones coupled with B2B expansion. So nothing is guaranteed and all ifs and buts.
The fact is cash in bank will support current share price and current stock in the business not even factored in to the current valuation.

10% of 780m is 78m if buyback now. If after consolidation it’s 10% of 78m = 5,2 m.

After consolidating 52m shares in issue.
Less 10% buy back 46.8m

Mercia own roughly 10% of 52m And Directors also own a few so just of 40m left.
I will own 1.1m and not selling any. Actually adding as and when I free capital elsewhere.
Definitely less than 40m available in open market which is nothing.
See no reason for additional shares as 7.6m in the bank and penny had been clear they have enough to see them through already for expansion. Also we still have revenue all be it less from on going covid products and possibly new products on the soft release.
Less than 40m shares at roughly 18p! Could easily cause a short squeeze and hopefully move price up. I think this is Penny’s belief and intention.
Hope this helps and GLA