Member Info for jamrock

Looks like a solid late buy yesterday!

New well overdue but any good news and we could see a huge rise.

Rolls went from 60p to over £2 this year!

Mode up 7 bagger this year! Crazy.

My point is when the markets are ready or if news lands what could the potential and value really be!

Https://www.gavi.org/vaccineswork/will-we-see-return-masks-and-lockdowns-against-covid-19-winter

We will never see a return to lockdown in my opinion but surely the need for more testing must be a must!.

I hope MHC give a statement as to sales between August and now.

I hope Penny sheds light on the bigger picture otherwise I’ll begin to think She content to let the price fall.

I hope this isn’t the case but I’ll be listening in carefully.

I say this because I seen it all before at Yourgene.

The results will be terrible despite the recent manic sales for covid tests. Simply because the recent good sales won’t show until Decembers results but will the market get this or just find another reason to sell off.

Just May be Penny May have a few new contracts. I think something needs to happen.

FG needs to deliver ASAP to prevent a crash in share price if new and existing shareholders lose patience.

Most understand it takes time but unfortunately the markets run out of patience and don’t let go on too long without news.

Come on FG Christmas is round the corner and I got a few presents to buy so deliver the bonus

I thought read an article they did have a deal with Amazon but it could have been me getting wires crossed. I’ve tried to look it up but can’t find anything other than the four products on Amazon in RNS in June 2022

Yes it’s fell today after pushing past 90p but I see a re test and think resistance is around 95p. If it were to break it then I see 105p but firstly we need to break today’s high. Nothing goes up in a straight line but we shall see what happens tomorrow. It’s had a decent short term rum but that means nothing to long term holders to be honest

Smudge

The Amazon sales have gone from 2k a month to 60k a month is expect this to move up this week to 70k. The sales in boots shifting rapidly. Not sure about lloyds Covid tests. Also maybe more sales of PCR tests for care homes etc.

Can Penny pull a rabbit from the hat or do we falter. It’s in her hands but over 90% down from all time highs!. However in an extremely better financial situation.

Imagine a deal with Doctors etc sending patients to Boots in store testing stations.

I’m not committing any more cash simply because I want to see the board lead the way but that said I’m exposed enough.

50% down from pre consolidation price is a joke and I strongly suspect our cash position to have increased from recent update.

It’s all about forward guidance and plans. The current revenue from Covid is music to MHCs Directors ears.

I just hope they show leadership and put their hands in pockets a buy if they believe in their strategy.

If only we could sell the other 20 plus tests half as quick as we could Covid tests at the moment I think we’d be all happy. One week to go.

I hope Penny and the gang intend to buy. I’ll add more to average down if I see the board do so!

Remember in 2008 when Taylor Wimpy had to sell it American Arm and I did so a flew to over £2 coronavirus 4p.

Mobico has options to sell over sees assets if it was required but given interest has possibility peaked it won’t need to and can continue to service debt.

It will definitely be and probably is on the new rise from lows but we need to see sustainable increases week on week.

However it definitely has to potential to survive however we don’t know how the near 20% may impact to balance sheet!

That said I picked some more up at around 80p and happy to leave for 5 years.

Reasonably confident it will be more than twice the current price and dividends also.

If you’re looking for a short term quick buck then that’s another risk to analyse.

Good luck all

Https://amp.theguardian.com/commentisfree/2023/sep/10/covid-coronavirus-disabled-vulnerable-people

Time to protect and respect the vulnerable. Read this and you realise the very people we are supposed to protect are now being put in danger. A nurse with coronavirus can legally treat a vulnerable person without a mask or Covid test.

A shocking contradiction to the reason we actually lockdown in the first place.

Companies like MHC will continue to profit for helping people self test to protect loved ones.

Time for the government to accept responsibility and encourage self testing and put the public first.

Spend more money supporting companies to prosper and encourage safety.

Should the government put out a public advertisement asking people to take reasonable measures to ensure the virus is prevented from harming vulnerable people.!

The government are happy to have to make videos and advertisements when it suits them.

Https://www.bbc.co.uk/news/health-66750359.amp

This is why testing is important. To protect vulnerable people in care homes etc who Will potentially need hospital treatment if they catch Covid.

Many say vaccines! Who can say whether vaccines have been effective or it’s heard immunity!.

What we do know for certain is testing and prevention is 100% vital to the NHS and vulnerable people.

Maybe MHC should be negotiating contracts to supply major care homes etc direct. Supplying tests to large companies with vulnerable workers. Supplying vitamin tests etc to Gyms like pure Gym. There so many obvious ways to get new business but will the board realise the opportunity

Https://www.amazon.co.uk/Flowflex-Antigen-SARS-Covid-19-Rapid-Test/dp/B093KZ8CR2/ref=mp_s_a_1_1?crid=2HK2YBXPODAWP&keywords=covid+test+kit&qid=1694187338&sprefix=%2Caps%2C254&sr=8-1

When MHC last updated the market they were selling 2,000 a month on Amazon! Then it increased to 40k a month later. Then 50k two weeks ago and now 60k in the last month. That’s just Amazon and then there’s boots and Lloyds I believe. On line Boots sales are flying and with over 2,000 stores and given they are probably 10% dearer in store it’s difficult to ignore the importance of the extra revenue.

Do you really think a larger company won’t see the potential in MHC and strength in the balance sheet. Every year they say Covid is a thing of the past but many experts warning Britain not to be blind sighted.

The government don’t give free tests to most NHS staff so it’s clear revenues will pick up during winter.

I just hope it’s used wisely because many good companies struggling due to debt and cash flow problems could be up for grabs on the cheap.

Wessley

I must say I personally disagree.

I believe MHC have already guided the markets to lower expectations however since then there has been a surge in Covid sales so Revenue could well improve both short term and long term over the winter if Covid continues to increase.

I believe they need to both increase products and promotions however I also feel they have a great opportunity to surprise and expand the opportunity opened in wales.

If they are able to get Gps and Doctors to send patients to local Boots stores it could be massive.

It will take time to encourage more people to take control of personal wellbeing but it will pick up as the NHS becomes stretched.

That said the markets could choose to disregard Covid revenue however if they do the key is will MHC have sufficient funds to carry on reinvesting for future revenue and still maintain profitability and debt free.

In this environment the markets can’t ignore fundamentals and even if MHC never sold anything else Covid products alone are keeping it financially strong.

I do hope Penny and the board can and do scour these boards as surely real investors views and must be listened to and delivered on.

To Penny’s credit she has actually delivered on what she said a few years ago but we now need to know how we transition from Covid dependency revenue!.

Will the board buy shares or do a buyback!. Will they use the revenue to make an acquisition! Many options but I do hope it’s a positive surprise otherwise Wessley could well be right.

Then there’s a possibility of a huge rise if it’s a positive set or better set of results that they guided the markets of in June.

I won’t be adding much more cash until I see the board’s position and if they buy after closed period.

Should of of read I do think they could surprise to the upside

JBongo

I think a lot of people have given up and bailed or just put the shares they have in the top draw. Not many people topping up because not many shares changing hands daily. I feel want confirmation on sales figures and want to see the plans to increase sales in new products. Also many like me want to see the Board of Directors buying shares before committing large funds. Then there’s others who have simply lost faith in the business and lack of updates.

I don’t think they could surprise to the upside since Junes update but I wouldn’t expect a massive increase. Probably 4m turnover but as I said before if Covid continues to cause fear then revenue will continue to quicken in the second half up to December.

I just hope they have a cost effective plan to increase sales but I await results and figures on the 19th and will be guided by what they say and do.

JBongo

I don’t see the daily figures showing on the site but if it’s sold out then you’d assume it’s selling so why isn’t it showing on daily sales.

What I’ve noticed is the £49 pack of Covid tests out of stock. Came back early this week and sold out in two days. This suggests to me that MHC are losing potential revenue because a lack of communication in the supply line. Let’s hope these supply issues are sorted.

Also noticed Amazon selling 50k per month, up from 2k a month ago.

Hopefully half year results pick up and surprise to the upside from Junes update. I think key is what happens this week as schools return because we may get free advertising from the media talking about the new virus.

So what point or price do people calculate fair value

I for one never expected this fall. Think it’s over done. Back to 2019 price!!

Https://www.dailymail.co.uk/health/article-12464831/Pharmacies-run-Covid-tests-experts-urge-Brits-test-Pirola-symptoms.html

How do Boots and Mhc allow stores to run out of Covid tests. 50pk runs out online. I ain’t being funny but Penny new there was an increase in demand in July so surely you’d keep the shelves stocked in your only retailer. Especially when all revenue counts