Member Info for jamrock

Virtually no spread again !!!

I put a dummy sell and they offered me 2.31p to sell. Sorry not mine. Hope this hold today and momentum follows through as this is still one of my biggest holdings and I think it still way undervalued valued

Looks like it’s happening and the spread narrows and we’re moving again up to the next leg. Let’s see how it pans out

The share price has bounced off 2.15! three times and bounced off this in October which could indicate the support line. The problem I see isn’t any selling pressure but the spread. If this narrows it could move quickly but at the moment the spread ain’t doing MHC any favours. GLA

https://news.sky.com/story/amp/lateral-flow-test-results-expire-very-quickly-as-expert-warns-that-government-advice-must-be-updated-12499669

This is why I said we needed LFT tests on aeroplanes etc. I believe cruise ships now demand a clear one just before boarding. Anyway let’s hope all the news over the weekend gives a boost to the share price.

Many stocks that are well placed to be significantly impacted by Covid restrictions rose today which seems strange.
The companies like MHC who are well placed to help fight the virus all seemed to fall!.
I think you personally need to decide your entry price or top up and leave the rest to the company. As soon as the markets realise we are not just a Covid stock but a smart company using the Covid element to propel us to where we want to be the better. This will happen I believe but when is anyones guess.
The overall market sentiment is terrible so just wait for the new year and once your confident in your personal investment just sit back and relax.
This government really don’t have a plan to cure this problem other than vaccines. Everyone invested must believe testing is the way out along with vaccines.
Testing will around for years and companies like MHC just need to focus on there business plans and shareholders value will be realised by the markets based on results and growth strategy.

My buy was 11.36 and the one after at 2.10p. What time was the 109k

We’ll the good news is Zak Mir has been on his daily podcast predicting these to go up 5.10p over the next month. Calls it his pet share because of the plans they have to shake up the sector. Maybe a rise on the way when the big buyers come back

I had another 2k earlier and couldn’t free up funds elsewhere but up to six million shares now. Hope the bounce is for real.
Come on MHC

Sorry yeah non essential travel is correct but either way it’s just the start

Schalfenplanet
France has just banned all British travelers from Saturday. I mean it’s not France don’t have cases already so I guess it politically motivated with France.
I think Savid Javid should take a lot of responsibility for his failures. He was in such a rush to open the economy and dropping PCR tests in favour of LFT testing was a huge mistake. At that time more onus should of been put into testing not relaxing. A sick economy is not a healthy environment and Savid Javid should resign in my opinion.
I think the spread has narrowed this morning so I expect this do better in the short term.
Good luck all

Colsoul
I’ve listened to everything you said but 12p at Christmas may not be correct. We had a run at 13p when the results came out and dropped back. We will have another go and if we hold 13p then a new bull may be forming. On the other hand you may be correct because if it don’t break 13p then we continue in the long term downward cycle.
I do feel with all the changes and daily updates testing will become common and our products in more demand.
I suspect 13p will be taken out shortly as testing is ramped up to combat the rapid spread of the virus. 2022 could be a brighter year for all testing companies and the product providers.

Schalfenplanet

I like your answer. Extremely detailed and sensible. I am invested heavily in this stock because my belief is similar to yours.
I personally see a time coming when every kid will be tested daily in schools etc.
The problem with adults we don’t take things serious until the last minute. Hence so many unvaccinated people who end up clogging up the beds in ICU and causing the NHS to be overwhelmed. Then we all suffer because rules become more severe and the very people that disrespect them carry on without a care in the world.
On another note I don’t see 2.8p taking long to achieve because companies like MHC are going to called upon to help stem the spread as the pandemic gets worse.
I think the government will realise that testing is the best defence and they will need to pot huge funds into testing. They are currently keen on spending huge amounts on vaccines that have been developed in weeks and really little data which is shocking as prevention is the way in my eyes.
I do strongly believe testing is the way forward and more government funding will need to be allocated in tackling this virus. I think penny know this and will explore the B2B avenue even more to increase revenues.
I also like the fact MHC is run by a woman who appears to doing a super job at MHC.
I do see 2.8p being taken out quickly as the demand for testing increases rapidly is ramped up a gear. I also see Covid constantly mutating and this problem will be around for decades and the idea of testing will become norm and people will become more aware of cleanliness etc .
Good luck all and try to stay Covid free for Christmas to avoid isolation at what’s probably the most enjoyable time of the year.
I fear even tougher rules being implemented in the year.

Schalfenplanet

£50k is a large buy. You clearly believe in MHC which leads onto my next question.
What time do you think before the 2.8p turns a profit.
I personally am totally surprised we’re not passed 2.8p already but that’s just my opinion.
Interesting to get others time frame on this one.

BFFM
I fully get what your saying and do agree. The problem is with inflation and fear of more restrictions the whole market feels nervous. If your taking long positions then there’s loads of shares that appear dirt cheap. The problem is what price in any share is good with the risk factors of a whole market sell off. Any other time inflation over 5% the markets would of been in free fall. By the way I’m not saying this will happen at all and I actually think given all the cheap money pumped in the markets are holding up well. In fact many are still saying a Santa rally is due. Truth is this is one of the hardest times to call the market direction as there’s so much data to factor in.
We do know MHC is probably one of the stocks that is well placed to capitalise on the pandemic and proved its growing rapidly in a depressed market so fundamentals are in place and pointing to potential massive upside at some point.
The key is whether your long or short. I’m long so don’t care for daily fluctuations but am happy to add on the dips but someone who brought a few weeks back at 3.6p would be left scratching their head wondering what’s happening when we’ve delivered such a positive update.
Any other time an update like that would of sent the share soaring but it feels different this time which is why we need momentum to return but when and what triggers it can only be when the whole market sentiment changes.
As I said earlier the spread don’t help but I have noticed some decent buys with a large spread so many are still happy to pay the price so maybe we can get momentum at some point.
Come on Santa do us a favour when your on the rounds sorting out the kids with our money. Lol

Once it’s breaks 13p and holds with momentum we will be on a new bull run. The six month chart clearly shows that 13p is milestone. It’s tried and fell back. It will try again and break through. It’s holding up nicely and I personally feel it’s about to break the six month downtrend. The results should of been the catalyst but the markets are being cautious and frightened of inflation etc. I don’t think we have long before this share is in demand. Either way from what you all say the presentation was positive which is also great news. For me I’m watching the technical levels and waiting for the bull signal to top up even more. At least our results were brilliant unlike other companies so the market will reward us in time.GLA

BFFM
Good to have you back. I think inflation is also killing all investments along with sentiment. As you say momentum is required but we all thought such a great update the other day would of been the catalyst.
The spread don’t help. Ridiculous!.
On the bright side we are higher for the week so far so hopefully we will slowly rise now the markets have had time to digest the update.
Amazing how this share has stayed so low but the market is all over the place. Tuck them away or add whilst they’re low once the spread narrows is my view.

Yourgene and gdr have turned positive today so expect us to have a go at it. Time and patience is needed.
Not sure about 5p before Christmas but love the positive vibes. I actually like to see slow rises. The wild swings on daily basis ain’t really healthy

The fear of further restrictions or possibility of a lockdown was bad enough. Now this news lands.
I do fear for all shareholders and can’t see how this recovers.
Just when it recently announced it was back to pre pandemic levels it gets a flow of bad news.
Difficult times ahead but i guess there’s not a lot shareholders can do as selling today is certainly going to costly

A different judge but it’s hard to see one judge Over another.
This is terrible news for all shareholders.