Myhealthchecked Share Discussion Threads

[tia01] 11/5/2024 10:35

hxxps://investors.myhealthchecked.com/investors/shareholder-information

So around 23% of the company owned by a hand full of investors and Directors.
Second biggest investor being disclosed.
I expect this to be received as a positive really because that means only 40m shares roughly on the open market.
For a company that declared it had nearly 8m in the bank and close to breakeven. No debt I guess someone building a stake. If the company puts out a positive set of results all be it accounting for an expected slowdown in Covid Revenue we could see a shift to upward momentum. It’s always maintained a decent balance sheet and demonstrates it’s prudent with cash unlike companies like GDR that find themselves in need of diluting the company and destroying shareholder value. I do feel MHC is well run and not had market support but the Directors do need to extract the value by presenting a forward growth and expansion plan. No debt is a real bonus however profits can prove crucial.
Surely closed period now or soon as results due shortly

[control1] 11/5/2024 09:03

My point being that I couldn't find a notification for exceeding 3% last year...

[tia01] 10/5/2024 21:48

Control
The first threshold to be disclosed is 3% so now over 6% so the investment has doubled!. This is a significant holding that dwarfs the last one a Donald invested. I hope it has a positive effect and would be great if the company offers some positive news in the results to add to this. So I’m guessing with the the other investors that many shares from the 52m are actually tied up. It would be nice for him if the company announced a dividend!
As for cash burn I actually feel despite a pull back in Covid sales there could be traction in the new products and even new products announced. I do see the company breaking even which would be a positive. I’m thinking of life after Covid however COVID has been a game changer for this company. I have said a 5m valuation is way too cheap but these markets are crazy. MHC has enough cash to buy a company in trouble and expand rapidly however Penny is extremely prudent and cautious. Are we in closed period!. Results due within next 6 weeks.
Let’s see what this brings but most investors down 80-90% so I’m hoping this will turn around given the balance sheet.

[control1] 10/5/2024 19:43

Ok, so odd notification after hours. Stephen Gayle has declared 6.34% holding and the investor information just now on the website reflects thisI was thinking wow, did I miss something and that's a chunk of money HOWEVER, the date on which this threshold was achieved was June 2023, so nearly 12 months ago Did I miss something, entirely possible as I don't have this under a microscope (although I should considering how much money I have in it)...

[weatherman] 10/5/2024 09:37

Last year there was a dip in net cash through the year as they bought up supplies of Covid tests - we'll see what cash levels there are at next H1 announcement.

[tia01] 10/5/2024 08:27

Three year low!
8m in the bank
Results due
5m market cap
Surely money in the bank deserves better

[tia01] 02/5/2024 07:56

hxxps://vm.tiktok.com/ZGexCvXt2/

Maybe we need more

[tia01] 02/5/2024 07:52

Noticed an un paid Tik Tok person who like the Iron Deficiency test posting it yesterday on Tik Tok. Maybe MHC should take note and pay attention.
The Statement said they were going to use influencers!for advertising!
Maybe they should contact the one that’s done a free and offer to pay!
It’s a start but at least someone seems to taking the initiative.
No advertising!.
No results!.
No collaborations!.
No guidance as outlined by chairman.
No new Contracts.
I hope Penny has a plan because many investors over 90% down and losing faith or lost faith.
8m in the bank and shareholders feeling like a deflated tire ain’t good in my opinion.

[tia01] 30/4/2024 15:24

You have question why the board has embarked on destroying shareholders value by not updating us.
It’s crazy in my opinion

[tia01] 29/4/2024 13:11

Need another Donald like moment. A huge big buy with a RNS.
Looks like the long term holders are enduring more pain

[tia01] 25/4/2024 12:07

Sometimes it’s to switch and hope the lights bright when you switch on again.
Great finances but news is!!!

[camenbertchaos] 24/4/2024 13:04

It tells you something about their comms that even this BB has stopped frothing at the mouth about updates and why the directors aren't buying shares.

[tia01] 19/4/2024 12:14

At the Moment MHC is like a volcano!
Unfortunately a dormant one ATM

[tia01] 19/4/2024 09:34

Will MHC have a plan!
Covid all but ended but doesn’t mean MHC won’t progress with new lines in focus

[blackhorse23] 18/4/2024 10:25

AlliancePharma [APH] has an impressive record of long-term growth & creating sustainable value for our shareholders & stakeholders-DIVIDEND +5% -PORTFOLIO BROADENED THROUGH ACQUISITION

[tia01] 16/4/2024 21:15

Control
MHC are in a strong position financially compared to many companies however there shares have like ABDX have trebled from lows etc while ours continues to fall. Probably and hopefully our board can put some contracts together because have clearly done a deal with ABDX because they eventually intend to have there own brand on all the best lines. MHC need also to expand into other places like Sainsbury’s or Morrisons etc. Boots is a tremendous achievement but unless MHC realise they need more to expand they will continue fall as the market don’t see growth. I believe a company must use its cash when the shares are low and unable to be used as leverage to buys other companies. Especially when valuations all over the market are low cash is king. Time to put Covid revenue to use

[control1] 15/4/2024 10:47

This is why our "new" NED Amber Vodegel was bought in, to expand MHC's range and reach with her contacts/strategyNo doubt we will hear how this is going in the soon to be reported results...

[tia01] 14/4/2024 22:11

Was in Birmingham today and popped into Boots. They have the vitamin D, Iron Deficiency, bowel test and thyroid test on the shelf and sperm test. All cheap tests. I don’t see how they can really rely on Boots with only a few lines on display. It’s a crazy strategy not have more lines on display really especially as Boots are clearly going to replicate all the products selling like the iron and vitamin D ones. Surely they can do deals with other places before ABDX get a foothold. I seriously don’t see why it’s taken so long to just only have a few lines in a City store like Birmingham. Sorry but all I see is the Board conserving cash to ensure they continue to get wages. When cash runs lows they will come begging shareholders for a top up. 801 stores with only a limited range at Boots weren’t why I invested. I truly believed more lines would be available in store and in other stores by now so really it’s a huge disappointment in my opinion. Quite sad really because the greedy board are not interested in shareholders and ensuring cash is there for the wages and bonuses and real expansion is not the main focus. Hence lack of update or results etc. Penny and the board have done little to inspire anyone since getting a few lines into 801 Boots only store. Even companies with debts like GDR and ABDX have surpassed them in valuation. This is a missed opportunity from a company that promised a lot and not lived up to expectations really

[tia01] 12/4/2024 16:15

No news no movement!

[control1] 12/4/2024 16:12

Some chunky buys and very little in the way of movement ..

[tia01] 12/4/2024 14:50

Mike
What’s ever date they chose they’ll give us notice. Just a shame a company with cash and potential continues it’s journey South due to lack of news

[mike2042] 12/4/2024 08:13

It wont be a closer date to April 3rd Tia01, here it is from the Companies House Record

[tia01] 11/4/2024 18:13

Mike
Last year was April 3rd so one would expect a close date. I would expect better than last years because we’ve had a few decent months Covid sales in 2024 before a noticeable slowdown. In this time the new products are starting to sell compared to 2023 so hopefully we get more about new products which is what really matters

[mike2042] 11/4/2024 17:29

Filing date for the company accounts is 30th June, Penny + the board have (sadly) no legal obligation to disclose anything to the market/shareholders till then. We have to wait to learn if sales are good or bad or ??

[tia01] 09/4/2024 12:29

No results m, no confidence from the market. The board need to get on with the results and either way the markets have something to chew on.
As for now a RSI of just 22 looks like it’s a bit oversold but feel like everyone the results are. Key.
I’m not really interested in Covid revenue as much as the revenue from new range.
Missed opportunity to buy some cheap companies recently with cash in bank but guess they feel they can expand alone. I just feel they would be wise to buy a company to expand while share prices all around are depressed before recovery