Member Info for jamrock

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

It’s at a critical point after recent rise. 200 EMA needs to be broken to truly confirm we are out of a negative trend at 12.5p. Still happy to see it rise over the last few days on relatively average buying.

Any pent up buying pressure and we could break out!

MrM

I take on board your views however given how terrible many similar companies have performed and had to dilute many times to survive I personally feel Penny and the board should be commended.

Many may say I’m biased but MHC have been the one company able to make money from Covid sales after the endemic. Revenue that has enabled it to remain with a strong balance sheet and self sufficient.

I think all of us including me would welcome a growth plan strategy to enhance future revenue. One thing is we have opportunities to expand and remain in a strong position compared to peers however the markets haven’t rewarded MHC accordingly in my opinion.

Many said MHC would run out of cash two years ago however it has proven it has a prudent board able to manage cash burn to the extent it is on the verge of breakeven. Yes it has challenges ahead but if the wellness and wellbeing market has the support of an incoming government who truly wish to help shorten waiting times to see a GP then MHC is well placed to enable its tests to be used in a smart cost effective way.

I personally feel MHC should share a similar valuation to ABDX who truly have a cash burn issue however almost 2.5x the Market Capitalisation.

Penny should relish the 4th to demonstrate the future of MHC and maybe reward shareholders with good news and a potential dividend. I expect positive news on many new products however it’s still in early stages of traction.

The 4th will be interesting.

https://www.britishbulls.com/Default.aspx?lang=en

Only roughly 35m shares available on open market!

It’s easy to see a huge push upwards if demand for these continues.

All we need is any positive news on sales of new products and this could rocket.

Equally the opposite it not good news but one hopes Penny and Chairman have been busy doing deals to coincide with results up to December 31st due on June 4th.

30% plus of shares tied up!

If only I had more spare cash

All we need is demand for the shares to keep up. Once selling price rises we can move up again. Hopefully good news about new products on the 4th and a new chapter for MHC begins.

Some decent buying yesterday but will we get follow through.

Still a tiny Market Cap compared to similar companies like ABDX who are burning cash. Not knocking ABDX because I’m that also but MHC are the ones with a healthy balance sheet and no share dilution etc.

At breakeven point!!!!!!!

Fact is the RSI dropped to a ridiculous 19 and with a market cap of below 5m many who understood that jumped in yesterday to average down etc.

Well that’s what I did.

Penny has a perfect opportunity to drop some positive news before results to get this party started.

Hopefully we test 12p early and break it with volume and momentum. If this happened we could see a vast rise to high teens. All possibilities but as we know these markets are unpredictable.

Still most 80-90% down so let’s get it into perspective.

Penny over to you to drop the news

How long before selling price is raised to encourage sellers. Spread is a joke

My Question to the board is why so few deals with other retailers and Tik Tok shop etc. Also is it possible to work with the NHS to allow changes so patients can eventually buy tests and self test to save GP appointments. Hence saving for NHS = Profit for MHC.

Finally why no Directors buying!

Lots of questions I guess

Hopefully the bounce has started with today

Https://www.boots.com/myhealthchecked-thyroid-stimulating-hormone-%28tsh%29-rapid-test-10322822p

53 sold in 24hrs!

Is MHC in trials with NHS or something!

Never seen this many sold in 24rs before. Need MHC to do a deal with NHS allowing patients to buy direct tests without GP appointments needed.

Maybe I’m a little optimistic but seems a perfect way to gain traction.

The government recently announced 7 products not ours to be sold direct to patients to help with Overload on GPs.

Come on Penny surely the time is near for some announcements

Will Penny deliver!.

I think MHC must prove new products are bedding in.

Markets not interested in anything other than good news.

Pennys time shine!

I haven’t been o here for a while and probably won’t for a while however looking at the charts this looks a great time to accumulate for a run up to 1.3p within a few months. That’s just an opinion based on the charts which have recently snapped the falling streak.

Good luck all

What is truly going on with this!!!

If it halves again which is possible as well as doubling then it’s one of them situations but when most are down 80% already does it matter either way!

I’ll wait to see see results but I remain positive and believe cash is king and for a small company they have not needed to dilute so that’s a positive

Even more shares issued just to keep paying wages!

It’s been so miss managed already and now they dilute to get more to miss manage.

What happens when the money runs out again

HotChip

Why would it delist if it’s making many.

I thought companies like GDR would delist instead they are raising money like confetti with the huge numbers of shares being issued.

Maybe I’m missing something but if a company is making money and debt free when others are needing to dilute then surely it’s been responsible in its finances and with a plan it could continue as a stand alone.

My question is why did so many including my self buy these in Covid if we truly didn’t believe it could survive.

Most over 80-90% down so let’s keep the faith and believe in the balance sheet.

Only 52m shares

No debt

Products

Revenue streams

Definitely a business in MHC if they can really tap into the wellness market.

Good luck to all LTHs including myself

Spindok

All the best and sometimes it’s best out of stocks all together.

The last two years have been a nightmare in Aim stocks except for a few like HE1 that have rocketed from lows. The thing is we never know the lows and the highs.

Does MHC have a future as a stand alone!.

I hope so but it will require something from the board to get the price to recover from near all time lows.

Financially I think MHC is in a healthier place than most predicted a few years ago and many stocks on the AIM but in truth it’s about expansion and growth.

I do hope Penny and the Chairman have something more to offer than just Boots as it’s clear Boots plan there own branded range.

I also wish MHC had used the cash to buy a distressed company while valuations were low. Now MHC finds itself a target for a takeover given its cash etc.

Surely results in a month or so but even I feel the markets need something special to push it back to the 20s which is a reasonable valuation based on cash alone.

It’s now in the hands of Penny

So it’s raising 6m and company valued at 3m!

Will it get the 6m needed.

Is it underwritten!

Surely it would be best if it put itself up for sale as the 6m or 3m raised will serve the Directors wages etc and not the shareholders.

That said shares might recover somewhat if 6m is raised in hope it sees it through a different period

It’s in the boards hands 100%

Surely results soon.

Up to end of June I believe to issue results.

As pointed out cash position strong.

Guidance on new products needed.

Surely we get a positive plan but the whole Aim feels like a lottery atm.

Https://www.dailystar.co.uk/news/world-news/new-covid-strain-dubbed-flirt-32747928?utm_source=linkCopy&utm_medium=social&utm_campaign=sharebar

Whilst it ain’t gone away it will continue to offer a revenue stream. All be it it looks like Covid sales whilst important and the future of MHC.

More advertising and awareness campaigns and we see an upside in the company sales and shares price.

Hopefully results soon. Hoping the market understands that Covid sales will have slowed from February.

Also hoping some of the new tests selling better in the shops to compensate Covid sales slow down.

Pennys statement will be important.