RE: We continue to wait ā¦7 May 2022 13:55
Roly12
I agree the markets are in turmoil but I think MHC is slowly rising from March Lows. This is little consolation to those that brought higher I know. The positive is that we are building at a time when every thing is pointing to a negative sentiment in the Market.
I believe we could deliver blow out results but what Iād be listening for is both new products and predicted continuing revenue from Covid products.
I think the Ukraine war, inflation and rising interest rates are impacting the overall markets especially inflation which is expected to peak at 10%.
Non of us know how the markets will view MHC performance but if the new products go down well we could be in for an exiting time.
I still maintain what I said last week that 2.5p is the target price for me. I know it seams a Long way off but these markets can move quickly.
I certainly hope Iām correct but I would be good to see it back above 2p for now.