Member Info for jamrock

Davand

For what’s it’s worth i feel yourgene would have been able to go it alone had inflation not sent debt cost’s spiralling in many companies.

Either way at least they will be part of a bigger company. Ncyt we’re smart enough to capitalise on Covid Revenue and now will grow threw a strategy of buying out companies.

Davand

I don’t recall saying MHC we’re going bust but share it with me!.

Davand

Yes MHC we’re in a position of strength to buy YGEN but how things change.

I see you still have personal issues with Rees but hopefully things turn positive at MHC.

At least YGEN are finally in a better position following the takeover. Do you agree

Dunkirk and Wessley

I’m glad for you if you both got out relatively unscathed.

My view is completely different and still maintain fundamentals are actually intact however what has changed is revenue due to Covid.

That said I see no reason to be totally surprised because we were alerted in March Results.

Penny and the board do need to show their personal and professional commitment with resolution 3 that was passed and if she’s serious about shareholders value then I’m sure she fully understands what’s required. I do believe MHC is in a totally healthier place than 3 years ago and deferred share cancellation allows the company to do the obvious.

As for Wessleys opinion regarding money running out I seriously doubt that but never say never. One marketing and contracts come together then we could easily see a up tick in revenue streams. It’s totally about board strategy however what can’t be disputed is we are currently debt free and still maintain a healthy balance sheet in an environment which has sent many Aim companies bust. I hope we are in a position to announce better guidance moving forward but one thing is we all no our personal risk reward so I have no regrets and will continue to add as and when I release funds.

Had we not had Covid revenue I would certainly take a different view but in reality we all new it would shrink as inline with updates.

The key is current and possible new products moving forward.

Is the fall an opportunity to top up or reason to exit is one choice to make but I maintain calm under the circumstances and stick by strategy but still welcome others.

Morning all

How difficult is it for MHC to put really get products on Amazon, in Tesco’s who now stock a competitor range instead. Then there’s Superdrug, Morrisons, Sainsburys etc, Gyms like Pure Gym for people conscious of th

their wellbeing. Then social media influencers they referred to this in update. Then pay a fee for a joint TV add with boots who are advertising on TV currently.

ABDX announces yesterday their pregnancy tests are flying and they are adding retail shops rapidly to gain exposure.

Why ain’t we learning that one outlet like Boots won’t give the consumer inflows needed in my opinion.

However that said they still have cash and potential but are missing vast opportunities.

Also a buyback supported by Directors show strength and commitment would seriously do wonders. It’s shown in one of my other investments recently. Shares fell to 25p and they announce subdued results accompanied by a buyback and bingo a week later nearly 35p!

Sorry Penny there’s Many’s PPPPs to Marketing, Price,Promotion,place and production but most important is a fifth one called people and get the Marketing going ASAP.

I’m also brave enough to hope we put in a double bottom but I’m waiting to see if it happens before committing more cash

Https://investors.myhealthchecked.com/corporate-news/archive/2022/181122

I see no reason why the company cannot exercise resolution 3 and buy back up to 10, and also buy themselves to improve the share price.

Why go to court to get resolution 1,2 and 3 passes if you don’t exercise them when they would clearly be a benefit and financially in the company’s interest to support the value to shareholders.

Surely someone like Mercia must be questioning this themselves.

So what’s the motive of going to court to get these resolutions passed!

Penny you need to question the motives and actions of the board and act in shareholder’s interest.

I assume she’s seen the share price deterioration or maybe doesn’t act in accordance with resolutions or disregards them. Bizarre given they pushed for them!!!

Wessley

Stay strong but FairPlay you got out at a perfect opportunity and time for you. Nevertheless look at all my posts as I’ve always said I’m in for the long term. Yes it’s got a little longer lol.

Also note most companies that go bust all have one thing in common.

Debt, Debt, No cash No Cash, Thankfully we are not in that position so nothing’s changed my Long term view

Wessley

I’m just a relaxed normal guy who believes what’s meant to be will be.

We are born with nothing and die with nothing.

Nothing at all apart from the obvious has changed at MHC.

They told us Covid sales would fall off and we all said this 12 months ago. I recall many saying the sooner that we are not Covid dependent the better!. I say the journey for MHC is just starting and truly hope they have enough cash to get the job done!.

They have nevertheless got products to market but now need many more contracts to ensure revenue streams. I still maintain its in a far better place than 3 years ago however we are at 3’year lows.

Let’s keep our nerves and see what happens.

We all know the risks and that’s called AIM shares.

Once again debt free and cash in the bank. Yes significant revenue fall as expected but products to ramp up future sale.

I ask did we all think they would sell millions over night!.

Let’s be real we still have Covid revenue a bit longer and if numbers grow so will revenue whilst demand for other products does also.

I do say boards lack of commitment to supporting the shares is shock. Penny and the clan need to realise they are doing even more damage than what’s being done already.

Finally I would ask why would you consolidate your shares at a much higher price if it was possible you needed extra funding with a capital raise!. I think they know deals are coming but firstly let’s get to basics and get all the tests on Amazon etc. Honestly basic stuff before complicated contracts.

At the moment we are definitely seeing a double bottom but does it hold or what happens !

Wessley

https://www.lse.co.uk/news/london-market-midday-ftse-100-down-as-wage-growth-sparks-rate-fears-su1spf9mkkz1tf2.html

I feel a lot of indebted companies in trouble as rates rise.

Mhc debt free so let’s see how it goes. Granted I’d like to see Penny buy but that’s her call. Disappointed in lack of board communication yes but still the strategy from the start 3 years ago still intact and also sale’s slowly picking up. Thankfully Covid revenue lasted longer than anticipated. The time has come for the board to decide and declare if they decide to buy!

Wessley most have switched off and forgot about it. It don’t give you sleepless nights lol.

Be brave lol

Boombag

They do say the comeback is greater than the setback.

I would be nice to just get out of single PENNY stock status.

On that note has Penny bought any lately!!!!!

What about the Chairman!!!

Time for them to dig deep

I like to drop in now and then. I think FG needs to deliver. If that happens the QBT would rocket. I’ve been banging the drum for over a year but FG ain’t into music. So I’ll stick to a silent disco

I said the same thing many times you could be right. Be brave or let the trend be your friend.

It’s definitely overdone but news from the board would be welcomed to see new money put to work

The problem is the update has destroyed confidence and that needs to be restored and the fact Directors ain’t lead with confidence and bought it’s sent a red flag to many.

Still think it’s overdone but often they over shoot on the down side and likewise the upside.

When the buyers return it could bounce but still need some positive info from the board.

It’s definitely a takeover target and you still can’t call a bottom even if you wanted to as the markets are brutal

The buying looks strong into the close

So based on current valuation we are saying it’s worth less than 3 years ago when it was merely turning over£35,000 with concepta.

So all the new products and money left don’t put us in a stronger position than 3 years ago.

Apparently I guess this is what the price is suggesting so time for Penny to do something I thinks.

Wessley

You definitely timed it right.

Let’s see how it pans out

Looks like it’s definitely called capitulation!!!.

Penny should walk if she don’t buy any

Wessley

I recall you being extremely optimistic also and still believe in the wellness market.

Penny did alert to a slowdown but also stated from the start her priority was a wellness testing company . No one didn’t expect a fall in revenue but I hold my hands up it was more than I anticipated. To say there’s no value is not really doing it justice for how far it’s come in three years really.

However Directors need to buy and support it.

I will continue to believe in the LTHs value at these prices but definitely gets longer lol.

Penny get a grip