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One think is guaranteed. hop on her and Jam will be talking to himself.
Wish you had taken the red pill and woke the F - up.
The next moment will come when you learn their little cash pile has vaporised and they need more lolly.
Cut and run and find something else jam. Its just %
Is this the best place to park your money????
Wessley
When the trend ain’t your friend you’re in the Lol.
Sentiment has totally gone so time for the
Board to act. It’s simple the market needs news.
But us LTHs are definitely feeling it and I guess most have left the building
Wessley
I genuinely thought 10p was well behind when we hit 13.5p recently but no such luck. Back down she went and a decent sell today also.
The thing is I 100% don’t believe the next figures will be bad but the market clearly sick of the lack of news from the board and lack of investment in advertising but then if the covid test are flying the board probably don’t need to advertise. That said how to you push the new tests without marketing and advertising!.
5 million cash, no debt and 1.7m paid for tests being turned into profit daily and the markets have definitely stuck there fingers up to MHC. Will the board realise it or just do as they do best and say nothing!.
Wessley you got out and I’d say FairPlay but I’m a 100% of the belief it’s well oversold and shouldn’t be at these lows but it’s what it is.
Seven weeks to go until year end.
What can we expect in the year end results!.
I would expect that the company will have a substantially improved second half based mostly on Covid LFT test sales.
£3m in tests fully paid for as announced in the Chairman’s update which concludes that all tests sold since June will be bringing in huge profits and will significantly bolster the revenue margins.
How many tests will have been sold since June!
Is Covid going away!
The fact is MHC is in a healthy place and subsequently has the ability to really spring a huge surprise especially if the other products are starting to sell better over Christmas period.
Will Penny announce further contracts or new products!.
Will they announce a 10% buyback that would only cost £520,000 and could virtually be done by using the interest accrued on cash in bank. What a smart move that would be.
I’m expecting cash in bank to rise to at least 9 to 10m depending on whether they have needed to take out further contractual obligations with LFT tests due to excessive supply and demand.
All unknowns but all positive for MHC
Https://amp.theguardian.com/australia-news/2023/nov/13/grand-princess-cruise-ship-covid-gastro-outbreak-docks-adelaide-south-australia
It’s impossible to ignore the impact of Covid and years after the so called endemic the world will be in a silent pandemic.
However in the end it will down to individuals to use wellness tests to protect and look after personal and loved one’s health.
The government has no money to protect the public. They allowed 7 billion to be stolen by fraudulent claims in the pandemic and can’t even afford free tests for NHS workers!.
Self test and stay safe is the slogan!.
Https://www.gbnews.com/news/covid-virus-that-killed-8000-cats-in-cyprus-spreads-to-uk#
Time for our Pets to identify as humans and request a LFT. Many identify as pets now so time for equality! Lol 😂
Seriously keep the pets safe
Birds have been struggling with bird flu so cat covid will be a bit of good news for them. good luck with getting a swab up a cat’s nose ;- )
A pal came back from London a couple of weeks ago with covid much worse than they had it before. Vaccinated but not recently as under 65 and not at risk.
Scharnhorst
I think we need more luck getting an update from the board lol.
One thing for sure covid is still and will be around for a very long time bring in revenue but I’m still awaiting an update on new contracts etc.
How low does it go before the board reacts!!!
Maybe they’re building up to something early in the New Year Jamrock??? I hope so.
Scharnhorst
They’ve had a bumper time since Junes update. They never conveyed clearly that 3m of contractual obligations to pay for LFT were fully paid and they had no contractual obligations to pay for more.
However divide£ 3m by £8.49 per pack of 5 and it’s only 353,300 pks of 5.
Over 100 packs sold daily so
100 x 30 days x 4 = 12,000 sold online in four months
150 x 30 days x 4 = 18,000
2000 stores x 2 per day x 30 average days p\m X 4 months = 480,000 x ££8.49p = £407,520
2500 stores x 2 per day x 30 average days P\m = 150,000
X 4 months = 600,000 x £8.49p per pack = £509,400 potential in store tests sold
2000 x 5 pks of 5 x 30 days = 300,000 x 4 months = 1,200,000 potential tests sold @ 8.49 pp = £ 10,188,00p
2500 x 5 pks of 5 x 30 days = 375 ,000 x 4 months = 1,500,000 potential sales. X £8.49p = £12,735,000
Potential cash from sales
25pack x 30 days per month x 4 months = 3000 x £147,000 in revenue in average 4 months since June
Then Revenue from new products potential also.
Take what average you wish but I would very surprised if we haven’t needed to extend the 3m paid tests and buy a lot more to cover unprecedented demand in the last four months.
I think January will prove a worthy wait but shareholders value be destroyed by lack of news before then.!!
Come on Penny drop some news
Revised
480,000 x £8.49p = ££4075,200
600,000 c £8.49p =£ 5,094,000
Average 2000 Boots stores
Average 2500 Boots and Lloyds combined
Https://investors.myhealthchecked.com/corporate-news/archive/2023/310123
22m reported revenue in 2022
Given only 2.5m upto June 2023
What will the cash in Bank be if my figures are anywhere near correct.
Do we think each store sold and average of 2 per day or 5 per day which is easy achievable since June up October the main four months of solid demand and steady sales for November and December!
We could really have an incredible 2nd half and the market will definitely need to reward and rerate MHC
Https://m.youtube.com/watch?v=-veUPX2sTVQ
Just how bad is Covid!
Are we being led into a false sense of security!
I received a newsletter this morning featuring a customer who lost weight after taking a MHC DNA test. I've tried the food intolerance and essential nutrient (mainly vitamin) tests and have had useful information from both and am off to Boots to get 2 vit D tests for before/after taking supplements to see if there's a difference. I'll report back.
Sorry to ask, but how can you lose weight using a DNA test ???
As for testing at home, I believe there will be a great need for it. Hence my tidy top up at 16.27 :)
Https://myhealthchecked.com/articles/how-myhealthchecked-helped-a-customer-lose-two-and-a-half-stone
Here's the story from the email. Obviously it doesn't directly cause weight loss. But knowing your body and what kind of food/exercise work for you can certainly help you lose weight.
Went to Boots but the vitamin D tests were out of stock. At least some of the new tests are selling!
I could have framed the weight test bit better to avoid suggesting it could help you lose weight on its own. Obviously it’s all down to the individual but having data on what’s driving your body gives you encouragement. Feeling something’s wrong with you can drive negative feelings like you and your behaviour are the problem. The DNA tests can act like a switch to give you something to act on and turn negatives into positives. It helped me discover gluten intolerance was a high risk factor and since cutting it out I’ve had more energy and have felt a lot better.
Exactly scarnhorst. Learning things like that can be the difference between feeling better and just scrabbling around in the dark wondering why you feel rubbish all the time (with doctors shrugging their shoulders at you because the few routine blood tests they run on you come back normal).
Surely the time has come for Doctors to be able to subscribe these texts on the NHS. Currently the spend fortunes sending you to hospitals to have tests only to wait for ages for the results. How much does that process cost!
Boots have adapted sections now for private tests etc so surely with the wales HIW we must be able to go down this route one would think!
Patients go to local boots. Why else would MHC be investigating millions in digital data!
Https://investors.myhealthchecked.com/corporate-news/archive/2023/030523
It’s been that long ago it’s easy to forget some RNS updates but surely they are significant and time should tell.
I genuinely believe they have something up there sleeves