Member Info for jamrock

One of my other stocks QBT rose from 0.6p to 3.5p last at fell back today to 1.5p. Simply because they announced a fund raise via new shares.

My point being if a when MHC rises it won’t need an any additional cash and no dilution and hopefully much better balance sheet so gains will be for real.

I feel we are at a critical step of the new bull in MHC but news needed to break charts slow rise. We need to hold around these levels 50 DMA before the new leg then hopefully we move back into 20s where we should be.

So come on Penny give LTHs something to get excited about

One thing is for sure it’s reasonable to expect the 5m in the bank has risen significantly since July considering the 4 months non stop sales in Covid products alone. Hopefully this continues into winter and revenue grows to make up for early lacklustre start to the year.

Surely a update on the cards

The 300 stores were announced many months ago and will have little impact because most of MHCs strategy is larger stores and online sales. However given many retailers are cutting back and merging local stores you’d say MHC would be smart and wise to to diversify and get other contracts with the likes of Holland and Barrats or a big supermarket like Morrisons etc. Surely once your in Boots and and Lloyds it not difficult to expand your presence!.

On another note I was at Birmingham Airport yesterday and the guy at Boots said “ they are selling the 5pk which were £10.30p in store”. Said sales were just steady so nothing exiting.

I think we need an update some figures and newspaper adds etc. Social media adds etc to gain more traction.

Totally shocked by the lack of commitment from the board in Purchasing shares and personally feel it’s appalling they sit back while share price left doing its own thing without news.

Time for Penny to to do the right thing and put her hands in her pocket and lead others to temptation!

Jambone

None of us are experts and all placing bets to suit. One thing is for sure the options are not exercised until 5p so it’s a matter of time and when it gets there. A fantastic run the last week and I guess many took money off the table to buy back at lower prices and why not if it works for the individual. That said if it continued to 5p they got it wrong!.

Some people are investor’s and some smart traders!. I personally follow charts and the long showed 3.5p was a top. That said one would expect a new run on it at some point but definitely I’d say contract news etc will spark that and I do believe one day the 5p target will be hit but when and how long is anyone’s guess. In the meantime I guess everyone glad 1p well passed.

Good luck to all who made money this week however you invested.

Scharnhorst

https://www.google.co.uk/search?q=who+is+simply+wall+street&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari#ip=1

I don’t think Simply Wall Street is in reliable!

Probably better than most Analysts who usually have a vested interest

When Argo went from 2p to £3.50 it didn’t go up in a straight line. It will fly again on contract news etc. However who wouldn’t lock in some profit with that rise in a week!

Actually think Argo held up well compared to Qbt which has fallen 50% from highs hit this week but then we didn’t get the 400% rise they did.

Looking for Argo to steady until news.

There’s no humans behind AI but it’s big business and lots of Fundamentals at MHC for the human eye.

Not many companies cash generating with no debts like MHC. Lots of crypto flying without a human touch

Https://www.boots.com/flowflex-antigen-rapid-test-lateral-flow-self-testing-kit-5-tests-10312496

Whatever we think of Covid the revenue will do nicely and still flying off the shelves and the 25pk at £49.

Don’t be shocked if it’s a bumper end to the year as winter closes in

Https://simplywall.st/stocks/gb/healthcare/aim-mhc/myhealthchecked-shares/news/returns-are-gaining-momentum-at-myhealthchecked-lonmhc/amp

Just over a month ago simply Wall Street wrote this article highlighting MHC as a multi bagger. I hope they are right and over time who knows. Without more positive news we need to be patient but the potential is definitely there. Markets need updates like Tesla’s need electric. It’s simple as that.

Recent pullback is a perfect buying opportunity and providing we don’t pull back more than 20% from 13.5p Which is just under 11p I see it as a normal pull back in a uptrend. Below 10.80p and I’ll see it differently. Decent RSI of 47 in a uptrend is ok.

I certainly don’t see why new deals can’t the announced and more money spent on marketing given the millions in Covid tenure since June. I know they are being prudent and conservative with statement in last update but since then covid sales alone have rocketed. New products are definitely selling also all be it slower than most expected or wish for. I think news will flow shortly especially if the cold wet weather brings in more revenue than alluded to in the recent update.

Stay strong and hold on to your shares as yesterday’s 25k buy shows some wants the shares on the cheap.

Https://www.ft.com/content/549422f0-76a0-4f8a-9e76-14d74410a297

This is why testing is crucial because only a matter of time before more lawsuits for large companies etc. Even now testing should be performed regularly otherwise it’s negligent in many cases.

Just when the momentum was building the board once again remains silent and allows the share price to do its thing and fall back.

So much for Penny saying she wanted to create shareholders value.

Surely an update on current sales wouldn’t have been a big ask given how keen they were to put a dampener on things in June. Surely they must know sales have picked up.

Simply based on the one year chart you would have to say that 16p looks likely but first need to see 10.5p the 12p cracked. 100k buy yesterday may be a hint. Either way fat cry from the heights of £3.50p highs.

How did it get to this!!!!!!

Yes decent order filled but the price sliding! Guess everyone is moving to bitcoin related stocks. No news no movement upwards appears to be markets view. I did say 13.5p needed to be cracked and a good buy today at 13.5p but no follow through so maybe we need to wait with a little more patience

Really hasn’t reacted with excitement given others like QBT etc. Bitcoin flying at 25% off recent lows but around 96% from highs.

I guess it’s reasonable to expect a nice bounce given bitcoin but this stock is full of surprises to the upside and downside so a tough one really. Let’s hope bitcoin drags it passed 10.5p early tomorrow and we get a decent bounce. I noticed a 100k buy today!

I think Rishi Sunak handled the pandemic from

A chancellors view and public health is always put the back of his mind as he focused on the economy. However he was quick to lose billions in fraudulent loans that has all but given up on. He needs to Act in Prime Ministers role and reassure the Public of the need to protect and test instead of hoping goes away. I think he needs to get the balance right because voters are already frustrated with inflation and higher interest rates already. Lucky for MHC the later don’t effect us because we’re debt free.

MRM

I follow Zak and can usually predict when he’ll recommend certain shares because does have a great charting talent. Many also sell into his predictions as you said and bank profits.

This time I think we need a catalyst to surpass 13.5p then it’s clear until around 17p but 13.5p has proved a challenge. That said I don’t feel Zak’s prediction made a difference this time because there was very little buying around the time of his prediction. I do think Zak realises the fact Covid is increasing and potential for a surge in sales to surprise to the upside and importance of reinvestment of capital and general fundamentals.

I’m totally amazed at the lack of government announcements to the public to remind them to take precautions etc. One understands they want the economy healthy but at the cost of an unhealthy public which will impact the NHS is negligence in my opinion.

https://www.bbc.co.uk/news/uk-england-south-yorkshire-67188003.amp

This is starting to happen in many hospitals so surely a public announcement is crucial. If the government don’t wish to then MHC could release an advertising campaign of importance to test and incorporate it with awareness of new products on both social media and Tv adds etc. They would rake in the capital from Covid sales alone.

I think we could easily jump back above 20p on good news. In all honesty it should never have fallen to 8.5p even after a poor set of results in July that never reminded us of 1.7m in stock fully paid at the time.

Https://m.youtube.com/watch?v=DoGP5y8HKBI&pp=ygUKY292aWQgbmV3cw%3D%3D

Interesting listen!

While the focus is on vaccines the truth is the only known safe way is protection. Yes protection which is taking preventative measures to catch it which include testing and face masks . The government won’t provide free LFTs let alone protection

Mr M

The lack of news regarding marketing and promotions, product sales and updates on figures along with any strategic commercial partnerships etc is shocking however based on current fundamentals it’s worth more as you stated.

One would expect the board the capitalise on the upbeat share price and keep the momentum with good news flow.

Until we break 13.5p with momentum it’s in the balance from a charting point however fundamentals remain the same and it’s a top up opportunity on any weakness given facts of potential recent revenue alone relating to Covid sales. I just wish we had an update but will have to wait patiently along with everyone.

Remember I say 13.5p is the figure to break in my opinion

Karl

Hopefully in time it works out for us all