Member Info for Scharnhorst

I’m sure we just need a bit of good news to get the share price moving back up. In this market a constant drip of small sells kills the price.

Yes, there’s a good chance the Chinese u-turn with an inadequately vaccinated population might lead to another troublesome variant being exported around the world.

Good morning Jamrock, do you mean an update is due soon? Finals aren’t due until well into the New Year. Last year they were published in June though there was an update on January 24th for the year to end of December.

"This is what they said in September:
we work towards a new portfolio and associated launches, which we are excited to share with the market in Q4"

In my opinion when they put things like that in print they ought to follow up on them one way or another. It's a matter of integrity which is important in building trust. I don't mind if launch delayed because busy with other stuff, just let us know.

Dibs Tp has increased 25% in a week. Bullish indicator?

A friendly bid might be of interest to both parties with MHC getting scale and ABDX getting sales expertise. They seem to have been making deals with some dud companies. I guess it depends on the prospects for utilising the ABDX manufacturing capacity.

Same seller as 25th October RNS? Maybe they're delaying update until seller cleared?

Dibs is OK. I would certainly add at 20p!

“At least they are now fully funded and have major contracts in place.”

That’s a lie. They make it clear in the RNS even after this massively diluting placing the cash runs out around August 2023.

The clown responsible for this debacle is already getting his options rewards organized
“Following Admission the Board intends to conduct a review and re-incentivise all executive Directors, including CEO Philip Johnston, and senior members of staff with suitable equity based rewards.”

How he’s surviving this debacle is a Christmas miracle.

I know some that trade at a premium.
They don’t all trade at a 30% discount and have a £1 billion plus fund management business valued at zero.
The dividend is 2.5% and progressive.

Frankie Boyle, very sharp. A bit mellower than he used to be but still cuts through.

They’re not called fincrapp for nothing.

Trading update was 13th December last year. Bit harsh to say it’s late. Perhaps they want to finalise something before RNS.

Got chopped down for Big Macs

Paul Jourdan of Amati says bitcoin is the modern equivalent of tulip mania. The only reason he can think of for its existence is the benefit to the criminal underworld.
Good luck with MHC in 23.

That's the million dollar question jamrock. Our board and their largest shareholder are very well connected in healthcare (Peter Dines is the relevant expert at Mercia and was on the board at MHC). I'm happy to eave it to them.

2 for me. In this market it’s cheaper to exploit the development work of others than to do the development work yourself. I’d like to see them buy a company with an excellent product or IP but where current management aren’t delivering. I would trust our CEO to turn it around.

MERC sold out of ABDX at IPO. They’re astute guys. I’ve held MERC since covid round 1.

“the fact that we could snap up ABDX with the cash on hand is mind boggling and as jamrock points out, highlights exactly IMO how well this company has handled itself through the pandemic.“

Spot on. Hopefully we’ll get an update in the coming week.