Member Info for Robthebob

Prestigious rather than profit enhancing but lets not loose our heads here!
At the end of the day good news is usually more positive than negative I await further proclamations from the Tower.
(not sure of Sir Peters office address!)

The growth in "service operators" is now being considered for investigation - or is it! The story is similar to the gold rush in Alaska control of the sector is overdue. This quote from telegraph:
"Ministers are under fire for allowing scores of unaccredited "backyard" Covid testing labs to operate, which could be providing unreliable results. Tony Cooke, chief executive of Cambridge Clinical Laboratories, has warned of dozens of "pop-up labs" that have come into existence to cater to growing numbers of people hoping to access private testing to go on holiday and do other activities. - Telegraph"
Control means income for YGEN and other official companies.

RNS Number : 3077C (extract)
"Following guidance within the Company's interim financial results published on 5 May 2021, the Board today announces the declaration of an interim dividend for FY2021 of 0.5p per ordinary share, which will be paid on 30 July 2021 to shareholders on the register at the close of business on 2 July 2021. The ex-dividend date will be 1 July 2021.!

Positive!

posted this on another of my holdings but believe it will help sell tests at airports and maybe train stations etc. Just hope MHC can "break into " this area of sales. Unfortunately I read that a few airports are already signed up with test kits suppliers. However should encourage doubters to not try and avoid testing.
quote
"Six dogs – Asher, Kyp, Lexie, Tala, Millie, and Marlow – from the charity Medical Detection Dogs took part in the double-blind trial. This means neither the research team nor the dogs knew which of the odour samples came from those infected with Covid and which were coronavirus-free. The research, which was part-funded by the UK’s Department of Health and Social Care, showed that the specially trained dogs were able to quickly detect coronavirus-infected samples with up to 94.3 per cent sensitivity (the ability to correctly identify positive cases) and up to 92 per cent specificity (the ability to correctly identify negative cases).
The scientists said the next phase of the trial will test whether these “super sniffers” are able to detect coronavirus on real people in real-world settings such as airports and sports events. Meanwhile, preliminary analysis using mathematical modelling suggests two dogs could screen 300 plane passengers in half an hour. The researchers said using a rapid screen and test strategy, individuals who are identified by the dogs would then require a PCR test to confirm diagnosis."

I have been concerned that some passengers might attempt test avoidance via forged documents/apps etc but this is potentially excellent news - last sentence is very positive news.

quote
"Six dogs – Asher, Kyp, Lexie, Tala, Millie, and Marlow – from the charity Medical Detection Dogs took part in the double-blind trial. This means neither the research team nor the dogs knew which of the odour samples came from those infected with Covid and which were coronavirus-free. The research, which was part-funded by the UK’s Department of Health and Social Care, showed that the specially trained dogs were able to quickly detect coronavirus-infected samples with up to 94.3 per cent sensitivity (the ability to correctly identify positive cases) and up to 92 per cent specificity (the ability to correctly identify negative cases).
The scientists said the next phase of the trial will test whether these “super sniffers” are able to detect coronavirus on real people in real-world settings such as airports and sports events. Meanwhile, preliminary analysis using mathematical modelling suggests two dogs could screen 300 plane passengers in half an hour. The researchers said using a rapid screen and test strategy, individuals who are identified by the dogs would then require a PCR test to confirm diagnosis."

One of my other holdings has released news of a new venture with Certific relating to covid testing etc. Do players feel this is a developing competitor in the field or maybe nothing to worry about.
it is here:
https://www.wg-plc.com/news/westminster-group-partnership-with-certific
and
https://www.wg-plc.com/solutions/covid-testing

information is in here

https://www.wg-plc.com/news/westminster-group-partnership-with-certific

just stated on bbc by representative of holiday provider web site.
Government sources say they are actively filtering the companies currently on their list of approved providers according to cost. Hopefully the filtering will also reduce providers to a list providing "gold standard" service.
I personally do not see the publics confusion surrounding tests (which, when, how) easing until a clear process is determined, a revised list and how to access is available. Share is still a hold.

When the required conditions set for sport attendance and travel are introduced a major consideration will be the "herd behaviour" of the respective supporter/travel groups. Once the "habit" of compliance with regulations is set then acceptance by the user will be vitally important. If the norm of test kit purchase becomes a part of attendance/travel sales will be established. Profits will flow and hopefully the sp will be much improved for shareholders to consider their options.

positive financial numbers and figures usually end up reflected in an improving sp the future prospect of a reinstated dividend is also very positive. I will continue to hold for the next set of figures (unless the sp jumps higher and I realise some profits.

With more good news arriving almost daily is the "market" for testing becoming saturated? I read the comments relating to new products and wonder if they are extending away from COVID related products into more expansive digital provision and detection of whatever. I have followed MHC from its origin as Concepta ( a reverse takeover setup back in 2017/8) and am curious if a relaunch is imminent. Back in 2018 the FT printed this (Erik Henau was CEO then):
"Concepta has made significant progress recently, establishing agreements with a number of distributors in China where myLotus has been given cFDA approval. Concepta is initially targeting the traditional route to market in China through Chinese hospitals and plans to add the direct-to-consumer route in the near future.
The Company is also well on its way to achieving CE-marking and commencing its direct-to-consumer launch in the UK and Europe in H1 2018. The Company has identified a significant global market opportunity, with revenue potential of the Chinese and EU unexplained infertility market estimated to be worth c.£600m per annum."
I know approvals are granted so is there a new market launch?

Why such negative comment on this share?
In past 3 months SP has improved from a low around 11p to today at 39p and this recent quote suggests positive improvement - "Following the Company's successful refinancing in November 2020 and in light of" continued delivery of its operating and financial plans, the Board intends to provide an update on its capital allocation policy and the timing of the reinstatement of dividends at its Interim Financial Results in May 2021.
worth following in my humble opinion

Private Covid tests for summer holidaymakers could fall below £50 under plans being considered by the Treasury to exempt them from VAT. In a partial climbdown, HMRC has already ruled that the gold standard PCR tests will be exempt from VAT when they are administered or overseen by a registered nurse. - Telegraph