Member Info for Weathergeek

I went in heavy at 10p after the raise. Already re balanced (probably too soon) to a nice percentage (10% of portfolio)

I tend to try and stick to a sell half when it hits 100% rule. Looking back at the performance of what I bought with TEK rebalancing, I would have done far better staying here. It would be an uncomfortable percentage of my portfolio though. Diversity helps big drops not be so painful but you also miss huge gains that can be had by some. Also like someone else said, I'm still a little worried they may need to raise but those doubts are fading quickly with the progress. That 10p raise hurt for months. However it came good and I knew it was coming, just didn't expect such a discount.

I now plan to hold what i have left till dividends or until it went up so much, the portfolio needed a little rebalance. Around 60-70p would see me think about selling a few. Also the BB getting nasty and full of trolls is a good time to sell Ive found. Usually its short attacks.

We all knew results would be poor up to March. However last year results came with great forward looking statements which reassured the markets. Have to wonder what is going through their minds when they release accounts that late and don't release any update or write up explaining the growth and positive plans/changes in the year.

I thought yesterday, Lets sell them all and buy back tomorrow morning as I knew results up till March would be punished by the market. I did think the company would release some positive news to counteract the bad results though so decided against it. I'm very surprised they haven't released anything positive to counteract the results. Does make you wonder wether there is a push to keep the share price low for a while.

It's always the same with companies who are in transition. Old results will always be poor compared to forward looking expectations. If you are short term minded, it usually best to get out before results day. If you are long term minded, it doesn't really matter unless you want to try trading for a bigger holding. That was my plan but I decided against it as I did think we would see an update.

Sad we haven't. Would be nice to get some clarity as the last trading update wasn't very clear to read. Still a massive believer in the company and products but have to say, the BOD haven't performed as good as usual here with these results. Makes me think there is some big players still wanting in cheap.

It is so important for any company with growth and revenues tomorrow, to be very clear as to updates and plans, and sell the company and plans with every chance as high market caps and low sales will always be punished.

Now I look forward to the next update, a little worried COVID supply chain issues have effected us but 2500 stores is no small achievement so I'm more than happy to hold and wait. Please take note BOD, you need to still sell the company as well as the products unless you want the share price to do what it has.

Long term, this is still one of my picks for huge growth in the next 5 years. GLA

All positive steps. Lets hope we get a material order from Lloyds for the stores as well as online..

When I first bought TEK, It was because of Mircosalt. Always seen this a huge potential but its been one of the slower ones to get going. Thing is, it's the sort of business where deals could be huge so I've still got strong conviction this will be a game changer. So many strings to the bow with TEK. Amazed its stayed so cheap.

Welcome back TC. That's some serious pace of adoption with all those stores and businesses lined up. Really does look like growth could be very quick with Lucyd.

A lot of builders needed..

https://youtu.be/Lu9h3uNIMR0

5:00 PM CDT Sun Aug 29
Location: 29.6°N 90.6°W
Moving: NNW at 10 mph
Min pressure: 938 mb
Max sustained: 130 mph

Love to follow this guy, likes to get in the thick of things. Crazy storm again, very strong on landfall. Next days and weeks will show some horrible scenes. Wonder how Biden will deal with this disaster after making the last one.
https://twitter.com/ReedTimmerAccu?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1432072711820521481%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.netweather.tv%2Fforum%2Findex.php%3Fapp%3Dcoremodule%3Dsystemcontroller%3Dembedurl%3Dhttps%3A%2F%2Fmobile.twitter.com%2FReedTimmerAccu%2Fstatus%2F1432072711820521481

Hi Lord Paul, I have a rule which I like to stick to but don't always. It's usually hurt's me when i don't!
Sell half my holding when it hits 100%. A free ride as it where. Hold the rest for years to let the business mature or until something fundamentally changes my view on the investment.

On risky investments that can happen quickly. Director sells, raises, over promises and under performance etc etc so it's quite fluid. I will move quickly if i don't like what i see but I like to hold onto free rides and see where they go if all is well.

My average is around 3p or so. 6-7p would see me de risk half to move on elsewhere. The rest I will hold.

However, If very good news of sales etc and likely profits came, and also strong volume. I would hold longer before selling half, but I'd need to have some numbers on margins etc to play with to try and gain an estimate to valuation.

https://www.dailymail.co.uk/news/article-9935471/Hopes-cheaper-holidays-dashed-health-minister-says-costly-PCR-tests-stay.html

Reading the article looks good for us, under the £70 quoted mark. Looks like as this field cleans up its act, MHC should clean up.

The power of size. Negotiated a better deal as almost three times the size of boots and a huge online presence. Wouldn't be surprised to see the rest come down but I'd guess size of orders.

Becomes hypothetical but you can run various scenarios..

5 X DNA tests
Potential deal with Boots and Lloyds for tests now relationship is built.
500 Boots stores
1500 Lloyds stores
Online..

Test at £30. One a day in each store. 2000 x £30 = 60k Call it 360 days a year for a few closings. £21m In revenue.
Test at £50. 2000 x £50 = £100k. £100k x 360 days = £36m per annum revenue.

High margins so say 50% profit after costs and tax etc. So between £10-18m PA in profit very easily. Current market cap just £31m with todays rise.

Even a PE of 5 has us way higher than now and 10 is multi-bag material. Great thing about now is the revenue generation from PCR. Certainly won't be a firm raising money will it.

Easily see where the revenue can come from and stack up, hence why I've been buying for a while.

GLA

They have a product range of tests on hold for release as PCR testing is keeping them so busy.

https://myhealthchecked.com/at-home-dna-testing

I would say the relationships with Boots and Lloyds and the focus on business "branding" will hold us very well if and when COVID revenue slows.

Myhealthchecked will do very well out of the recent government crack down. Being a listed company, they have gone down the correct channels and are now accredited which we are awaiting an update on.

Glad you clocked the tip this morning ;)

This RNS started the reversal of a fall. Market liked it very much. No worries with our tests or pricing.

https://www.lse.co.uk/rns/MHC/statement-re-dhsc-press-release-yaw5dusf4015v1g.html

Still gone for a few hours this time. Conspiracy! Holding down the good companies. promoting the crap which often has a bigger spread than the gain. Come on LSE. Did this with TEK when it needs the exposure, always the under the radar ones left off.

Lloyds and accreditation awaiting RNS. They sold £3m worth in 2 months before holidays @Earl. This is not over priced at all! Go moan at market caps with over 100m and no products. Mainstream distribution in Boots and Lloyds doesn't come any better really.

Randox have been terrible..

https://www.trustpilot.com/review/www.randoxhealth.com

My health checked far better. Biggest let down, royal mail and weekends.

https://www.trustpilot.com/review/myhealthchecked.com

And most of those no names mentioned are valued between 2 and up to 10x our current market cap...

At least the market is giving opportunities for those willing to look for them. Was just over 2p the other day, had got silly cheap.

By far the busiest day ever for trading MXC.

105m on volume so far.
Before today is was a few million a day.
Previous high i can see on the charts was about 45m.

This should move up more in the coming days on that sort of volume.

Back now.. Gremlins.