Member Info for TPKart

I’ve been looking back over the share price history and past financials, and from what I can see the last time the share price was steadily around the £3.50-60 mark was in 2018. Comparing the earnings to then, revenue was £2,976m compared to most recent £4,673m. Profit before tax was £229.3m compared to £525m. And earnings per share was 18.6p compared to most recently 42.1p. So there has been huge growth and massive increases in earnings since 2018, and yet as things stand the business is currently valued at around the same. Am I missing something?

Obviously people were disappointed in the 2.7% decrease in revenue compared to FY21, but that was a bumper year due to the pandemic.

I know there are other factors involved as well, including current macro economics/inflation and general downturn in the markets, but when in comparison to 2018 earnings/share price, surely it doesn't warrant a nearly 45% decline in the share price over the last 6 months? And judging by that comparison wasn’t the £6 mark actually a fairer valuation?

And with the inflation struggles in mind, even the CEO states: “The B&M model is highly relevant for the current difficult economic environment, with its strong position in the value and convenience areas of retailing where physical stores are winning. The business is well placed for continued profitable, long-term growth. In a retail sector beset by structural challenges B&M's unique, disruptive model stands out as a success story." So they expect the cost of living crisis to potentially help BME, as people will start shopping for cheaper alternatives, which makes complete sense.

I’d love to be enlightened if anyone can justify sincerely why the price is where it’s at, or hear what other peoples opinions on valuations and where they see it going in the current environment. For me this current valuation just doesn’t quite add up.

I've just been on with Halifax and they told me that they haven't received the payment yet and so no Halifax customers will have received it yet. :/

Has anyone with Halifax been paid their dividends yet? This will be my first ever dividend payment (in the past I've always invested in newer growth companies). I keep on checking my account but nothing yet. Is it sent after trading hours or something?

Hopefully it will turn around from here. We just need it to bounce off 361-62 again...

Results are as expected so no surprises. They have obviously done well last year, but I don’t know how they can say that the new product release “remain on track” when there was talk of them launching in January, and then April. I guess we continue to wait on that front. I really hope they do release this month and not continue to dither. Good luck all.

Jamrock, yes just from the sale ticker on Lloyds, and I doubled the PCR tests to account for sales on Boots. I didn't take into account direct sales from MHC website either (as well as other smaller platforms). So yes very conservative figures, and I agree it could be more.

On the back of a napkin calculations, but at those numbers, along with Boots online as well as store sales, they could still be doing anywhere between £200k-£400k+ per month from covid tests, even with that side of things calming down. And another half term coming, and summer holidays on the way. It's ideal having this extra income still whilst waiting for the new product launches.

Just sharing research. Lloyds tweet from yesterday about holiday jabs:

https://twitter.com/LloydsPharmacy/status/1528753265122463744?s=20&t=tHlOiFrIDZa_rrS8XTPYMg

If you click through there are two seperate links to MHC PCR tests. Also numbers on Lloyds online sales are still okay. 18 of the £60 PCR tests in last 24 hours, and 258 of the Fit-to-fly LFT's in the last 24 hours as well. The Boots sales counter doesn't seem to show anymore, but I imagine the numbers will be similar there as well.

A quote from Penny from an interview back in January:

"We are planning quite a unique personalisation offering in the second half of this year, as getting a personalised wellness and really trying to understand what ‘do I need to’ we consider to be a real growth area in the market.”

I wonder what this unique offering she is referring to is?

I think thats because people know news could drop any day now, with deals with Boots and Lloyds Pharmacy potentially on the cards at some point as well, plus results due in a couple of weeks. It’s likely FOMO, as at this price IMO there’s more upside than downside when the news starts to roll. GLA.

2.25p, 3.5p then onto test the 5p range. That would be very nice indeed!

Very impressed with what I could see this morning on the staging site. Thanks Smudge & LondonMarket for sharing your research. I myself had started to get jittery, and had reduced my position here significantly as I was doubting we would ever see the new wellness tests. Seeing them on their site was all I needed, and loaded up again this morning. Those asking where the RNS is, the glimpse we saw on the website wasn't supposed to happen (with it now needing a log in to access), but it's obvious now that the release is imminent IMO. So not long. GLA

Gold is looking strong. It nearly just broke above $1840.

5p would be amazing! I’m hoping it starts to get more exciting next week, although it did start to heat up on Friday. We just need some news. At least we know we’ll definitely be hearing something in a few weeks with the results due. I just want to hear more about these new products. I think everyone does!

It surely can’t be long now?!!

Yes it seems to be fine now. I'm with Halifax as well. Very strange.

Wow that was difficult to buy. It literally just took me half an hour.

What was that jump up to 128 suddenly?

It depends on how you look at it. But high oil prices aren’t good for the margins that for sure.

One positive for the travel industry is that crude oil futures are down nearly 5% today. I’ve been building a position over the last week. Couldn’t resist. GLA.

I'm getting frustrated with this now. I've come up with the scenario in my head that CFO Gareth Davies and Laura Moore (former CEO of Nell Health) left because they were getting frustrated at how long the launch of the new products is taking. Complete speculation on my part, but it makes sense as a possible explanation. I'm still holding, but have downsized my position due to boredom/frustration/reducing my exposure. In fairness I was "all in" on this until recently, which is pretty risky as far as investing goes, never mind investing in small caps.

I just don't understand why it's taking so long?! It's obvious that the covid sales will have slowed down, and that was the excuse they have used for putting the new DNA tests on hold, so they could service PCR tests efficiently. It's now May! Madness. Anyway this hasn't gone the way I thought it would. Hopefully it turns around. GLA, I hope the product launch comes soon, for all our sakes.