Member Info for jamrock

Https://investors.myhealthchecked.com/investors/share-price-rns

Didn’t have much time to check in today but guess this price is a mistake on the MHC website

Karl

Welcome back. I wondered what happened to you

The share price has gone up over 50% from lows which ain’t helped most long term holders who bought much higher pre consolidation. It the board really want us to push south and not retrace a little a bit of good news needed I think. 13.5p looking like stiff resistance

Https://www.tradingview.com/symbols/LSE-MHC/technicals/

Will MHC break to the upside or fall back!. I’m hoping it finally puts the dark days behind and breaks the 100 DMA today or very soon because it’s crucial to maintain momentum if we are truly in a new bull trend.

Come on Penny give us a good update to chew on

How many of us are happy to see MHC rise!

How many of us actually benefit by the rise!

I guess many have chosen to give up on MHC because of the lacklustre price. I’m sitting on loses currently but have consistently topped up where I can however I’m disappointed tge Directors haven’t also topped up but I can’t let them cloud my judgement.

I believe MHC will surprise to the upside from last update in July and the last 3 months would have been solid rapid revenue growth.

Fundamentals have never changed at MHC and they are executing their strategy to perfection. I guess the spread of growth will be enhanced by the recent surge in revenue as Covid combined with winter spreads fear in the cold months ahead.

Just imagine we are still less than a Penny pre consolidation!. So actually I’m guessing the rise recently does impact many who probably need an average of 30-40p to breakeven!.

New investors must be laughing though given they never participated in the early days and risked any money whilst able to invest now after all the hard work is starting to show dividends.

Will we long term holders recoup our losses.

Well if Simply Wall Street is correct the answer is Yes!!!

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

LondonMarket

Nice to see it back up to 13p but still not broke the 100DMA so it will be interesting to see see if it can break it!

Still better than 8.5p lows. Still below 1p pre consolidation so until we get news and it returns above 20s where it should be I won’t get that exited but happy nevertheless.

I think a positive update is needed to keep momentum going.

Amber

I totally agree

Can we breach the 100 DMA!!

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

Let’s all Hope Simply Wall Street are correct.

Actually a one bagger would be nice lol

MRM

MHC have produced over 20 new products so diversifying is clearly the strategy however being prudent and doing it debt free is a must in an inflationary high interest environment.

They reinvesting profits from Covid.

Simply Wall Street has eluded to this. They are building a significant digital platform which may proves they have vision.

Covid may be around for many years and the consistent doubters have been saying it’s over for years however it’s constantly evolving and new strain’s surfacing so it’s time for the market to factor the revenue accordingly.

MHC is self sufficient and using its cash to build the business smartly however it’s naive to believe Covid won’t play a significant role in MHCs strategy because there’s always going to a market to protect vulnerable people especially given the NHS is in crisis.

Long covid is proof of the need to protect and LFT tests are an essential tool just as a spanner is to a mechanic.

Elon Musk had billions but it took time change the public’s mindset however MHC has a limited budget and growing smartly with the Boots and Lloyds contracts however more deals to be done

MrM

Maybe you should report the author to the Gaurdian or accept that Covid isn’t the same as the flu and long covid is very real.

Also that Covid revenue is helping MHC transform its self debt free.

All good for MHC MRM

Https://amp.theguardian.com/commentisfree/2023/oct/16/covid-deaths-rise-scrap-mask-wearing-hospitals

MRM

This article makes a good read. After reading it i don’t think you’ll believe Covid is like a common cold. The article makes a great case for testing and lack of Duty of care the the government has to the most vulnerable.

It’s actually embarrassing given that Covid data shows it’s rising again it’s left to us to take measures to protect ourselves and loved ones

MrM

https://www.itv.com/news/channel/2023-10-12/hospital-ward-closed-to-visitors-after-coronavirus-outbreak

When hospitals wards in certain areas are closing down due to to the outbreak it’s time make the public aware of the seriousness of Covid.

LFT tests don’t cure Covid but 100% they help loved ones protect the vulnerable people who need protection.

Wellness tests are about people choosing to take control of personal health and LFT tests are equally just that to people choosing to protect loved ones.

LFT tests are currently raking in Millions in revenue and helping MHC to be self sufficient without dilution which is financially fantastic.

Will it last forever at current levels, absolutely not but it will continue to bring in revenue for many years as loved ones seek to self protect vulnerable family loved ones etc.

Do I think we need to promote new products!. Absolutely 100% and whether Covid revenue or new products it’s all part of companies profits and path to profitability so I endorse and encourage all lines of revenue.

The clear thing is we are in a healthy place and with out covid revenue we probably would be in a dire position so I’m thankful for financial strength Covid has put us in however looking forward to seeing how MHC uses the cash to promote current and new products.

A company with probably more cash than market capital market capital and no loans etc should be rewarded and valued accordingly in this market. Many companies falling to all time lows due to debt such as Mobico (formerly National Express). Lost 30% due to debt concerns and cut in dividend.

We actually could issue a dividend but whether it’s wise is another subject whilst we’re using the cash to grow to the business.

My point is we are a growth story in a new sector and leading the charge in wellbeing and wellness awareness and hopefully we are justified and rewarded by the market soon enough.

Am I frustrated by the current share price.100% but also adding more share’s because the fundamentals are still strong but everything is personal choice. I don’t believe 12p is a fair valuation in our position.

How the board creates shareholder value is another story but in the end a company is judged on financial figures.

MrM

The government couldn’t stop someone advertising the facts especially a company that sells tests.

I do agree we need to keep promoting new products but to insinuate Covid is just a routine illness is premature given it’s effects on vulnerable people.long covid doesn’t discriminate between kids and adults however ethnic people suffered more during the pandemic so there’s definitely a campaign advert in it all somewhere. Especially if the revenue is pouring in during winter. It would definitely create brand awareness and enhance the new products profile.

That said given MHC has no debt and a lot revenue coming in why wouldn’t they collaborate with Boots given Boots appears to be the strategic choice ATM.

I wonder if MHC and Boots did a TV add together with a warning about Covid effects what it would cost. I think the sales a flying already but this would create a huge increase in MHCs brand awareness!

Https://www.independent.co.uk/news/health/symptoms-of-new-covid-variant-2023-b2428480.html

Hospitalisations up nearly 25% in a week and the government haven’t even conducted a TV add to warn the public of the dangers!. It can have serious consequences to vulnerable people and a public warning needs to be issued and basic things like Masks bought back in certain places at least.

Anyway the tests are still selling rapidly on Boots site and fundamentals are strong at MHC so hopefully we get a RNS shortly or positive news.

Despite the depressing share price I feel we have a lot of positives to look forward to. New products and contracts could easily be announced.

Anyway remember we are debt free and have renewed revenue pouring in threw covid and growing new sales lines increasing sales weekly.

This won’t go un noticed for ever.

Defying logic!. Lower lows!. FG needs a stellar update to catch sellers off guard.

Peakyblinder

That’s an interesting point. One thing is for sure Mobico can get out of it because they have assets to dispose of.

Amazing the government once encouraged debt to fuel growth with cheap interest rates. Now many debt ladened companies wishing they paid debt down instead of using it to expand. I hope the bottom is near and looking to buy some but the falling knife sharp. I’ll leave it a bit longer because rarely does something rally without a double bottom!.

They caved in to bus drivers wage increase at 18% whilst having a huge debt. Then today saying less passengers. Truth is higher wage costs equals less profit.

Sell assets and pay debt 100%.

Reminds me of Taylor Wimpy when it collapsed to 4p and sold its American arm.

Times have changed with higher interest rates