RE: Sage comment on BBC3 Dec 2021 15:44
Hello dactions, I saw some selling pressure tuesday, mainly because some thought there might be an announcement about PCR testing on the monday, not on wednesday though, I use ADVFN live as it is accurate. My SP forecast of two years is based on new product range launched during 2022, this range very different to PCR product so therefore it might take up to a year to see how the consumer reacts to the range and only then will we get an idea of numbers, I would be hopeful that the range will be in boots/lloyds which on its own is huge, but MHC will need to put aside quite a sum for marketing / brand awareness, if all this pans out and the numbers are enough then I would expect a SP in the range that I quoted within that timeframe. I look at MKT CAP as well as SP and ask myself the question, will the company be worth that ? based on my SP forecast.. so let us say a SP of 15p within two years, this equates to a MKT CAP of £120 M, you get my point, Roly.