Member Info for TPKart

taken4aride: Yes I think it's already factored in. Everyone is pretty just waiting on confirmation. Like you say it's gone down by 50% because of this. Now we can set our sights on the new product launches. Hopefully they'll bring them forward now. I'm still looking forward to seeing the update in just under two weeks.

We don't know the finer details of how many and and the exact profit margins, but they were making more than 1/2 per month. If you read the last trading update in July it says:

"Revenues for the six months to 30 June 2021 were £3.27m (H1 2020: £12,700), with just over £3m of these sales booked in the final two months of the period."

So they were making about £1.5m per month when the covid sales kicked in. It will be interesting to see what the sales will be like over the busier summer holiday period. But with all this talk of covid tests, looking to the future MHC are now in a strong position to launch their new products with a strong cash balance and good relationships with Boots and Lloyds Pharmacy. But yes the nearest exciting news is the 29th September.

I agree that about it not being priced in long term Jbongo. Look at my posting history for more detail, but for growth healthcare companies you can apply a x7 on annual revenue for the market cap. If they were expected to make £1.5-2m guaranteed for the next 12 months the market cap would be over £100m. The market caps at only £20m and we know they've been making £1m-2m per month for 4-5 months, and possibly more over the last couple. It's crazy that the price has gone this low on talk of possibly stopping PCR return tests for double jabbed. It's the possibility of happening at some point. We knew this. Also all of the other countries around the world are going to want fit-to-fly tests for people visiting them for a long time yet. Are people not seeing what's happening everywhere else?

I've been buying more today as well.

They review everything every month. The covid cases are going up and the children have only been back to school for one week. It's only going to get worse. IMO I highly doubt that they'll start scrapping safety measures like return PCR tests imminently when the cases keep rising over the next few months. Obviously my opinion, and that's why investing in any company is a risk as no one knows the outcome. As always DYOR and good luck to all invested here.

That settles it then. PCR tests are here to stay for the time being. Well done to all that held pre announcement. I wonder where we'll finish today. I've just bought some more.

Saying that I'd probably prefer them to invest it in the new products.

A special dividend. That would be amazing!

If you read the Guardian article, yes Boots are mentioned but when you read further it says that it was with regards to a company called ReCoVa-19 that were also selling through Boots. Javid has stated that he wants to stop double jabbed people from the return PCR test when he can, but we always knew this would be the case. There is still a market for PCR tests. I would imagine Boots could possibly end their contract with the bad eggs selling through them. Penny is very insistent on good customer service and maintaining a good relationship with Boots so they can sell their other products with them, so I would expect them to be keeping on top of refunds etc. We might even find that our market share grows again with the talk of more tighter regulations etc being implemented on the PCR market.

On the market cap front, if we continued to sell £1.5m-£2m all year for the next 12 months we would have been talking closer to £100m++. Even if the PCR tests slow down to a third of the current sales we should still be way above this price, and don't forget MHC are now a company with plenty of cash to fund their new products, as well as good relationships with Boots and Lloyds Pharmacy where they will be able to expand their product range and revenue streams. DYOR

By *news I mean update this month.

Yes absolutely way oversold. Classic case of panic selling for silly prices. The price will rise on the run up to the news, and if/when the sales do slow down all it will take will be an RNS on the new product releases, which I suspect the will bring forward of PCR tests slow down enough, to bring it back up to 4p and beyond again. IMO. DYOR

I think a lot of investors at the moment prefer to buy in after good news is released (on 20/30/40% rises). It doesn't seem like the herd like buying in beforehand and waiting patiently for the deals to land. They might make a quick 10% on the day but miss out on the big rises. Looking at what we've got and the potential for multiple deals, it feels like it could be one of those companies that will appear on the top risers board time and time again over the next few weeks/months. We shall see, but I'd rather be in the on the sidelines. DYOR

They made X5 their money back on the Ash well. Pretty good

Apologies I found it. Thank you though.

Yes apologies I found it. Thanks anyway

Hi everyone, where can I watch the webcast?

Thanks Lucky Orange I have seen calculations before. I was just pointing out the interesting comment from the other board about valuations of deposits before they are in production. Obviously if they can get to production then that's a different ballpark altogether. I was just drawing attention to the fact that our 1.8M could be valued at $36m just simply sitting under the ground, if they are standard figures.

I've just taken this from the Centamin board. Lots of knowledgeable gold investors on there. This was a response about a question on the value of some of their untapped deposits.

"For an African asset, the value of a measured and indicated gold resource has a value in the ground. The lowest price is $20 per ounce for the 2 million ounces at the current high gold price. Sometimes it may be $30 per ounce depending if roads or some infrastructure where miners and so forth can live nearby and the deposit is deep enough to defer antisanal mining but not so deep as to have high stripping costs."

With this in mind, even the lowest value of $20 per ounce would give CGO's 1.8m ounce gold deposit a value of $36,000,000 even before they've got it out of the ground.

With those figures the market cap should be double even without the coking coals deals being discussed. DYOR.

I'm looking forward to the gold results which are due imminently.

I agree. I'd been in for months and sold on the rise last week, but it seems to be holding up well so I've bought back in pretty much the same as what I sold at. Looks like most people are holding for the news on either gold results, or the multiple coking coal discussions that could arrive any day now. Every morning until I bought back in yesterday I was dreading seeing a CGO RNS at 7am, and didn't want to take the risk being out any longer.

NU I imagine everyone that's had their eye on it at these prices has been hanging on buying wondering how long it will last, or waiting to see if it will go any lower, but now it's moving again they're jumping on board.

Yes very true NU. I think there's a lot of momentum traders out there isn't there. The current price is below the recent 30p discounted placing as well so still a decent price, plus Ross Andrews bought in at 33.7p in April.