Myhealthchecked Share Discussion Threads

[atlantic57] 21/9/2022 08:13

Yes I believe so

[padherf] 21/9/2022 08:11

As a performance milestone on the acquisition of Nell Health Limited has not been met the Directors believe that the contingent deferred consideration of £1m will no longer be payable and have therefore released the provision for this amount. Consequently the Group's profit before and after taxation amounted to £1,009,000 (six months ended 30 June 2021: £269,000 loss; year ended 31 December 2021: £2,004,000) So does that mean that the true profit without exceptionals is £9000?.?.

[relliott10] 21/9/2022 07:54

£6.8m revenue in July not included in these results
£16.6m revenue until end of July
5m LFTs delivered post period end
Further product launches Q4
Too early to comment on market position of new product launches (hopefully more on that tomorrow)

[tia01] 21/9/2022 07:38

In a market which are heading south daily it’s a rare situation that MHC is in. I believe the figures confirm the board are delivering and very prudent in the strategy. New products in Q4 to reinforce the portfolio. Revenue treble and cash rising significantly. We all want the share rise significantly but I’m happy for a steady rise as a quick one will be met with sellers cashing in to make a fast buck. This could have a reverse effect so I’m hoping for more buyers not sellers and a steady rise for the benefit of long term holders. Good luck all.

[mr macgregor] 21/9/2022 07:30

That substantial LFT effort must be tying up the majority of staff but gross margin only 15%. They won't be able to take on more staff for covid work as it's fickle. Still it's an umbilical cord while other business is developed.

[dual] 21/9/2022 07:11

Excellent result well done MHC5.5m LFT already delivered this half amazing.Company is grossly undervalued.

[pictureframe] 21/9/2022 07:09

Good results but this won't break above 3p until we get a major tie up for DNA testing imo.

[tia01] 20/9/2022 18:06

Spacedust
I share what you say but if the news is that good then the tide could turn hopefully. Markets are awful and bad news takes us way down. Think it will be good news though. For guidance and new product news are key.

[spacedust] 20/9/2022 16:11

There will never be more buyers than sellers. Its not possible because the mms will not allow it. Whenever there's good news and people want to buy there isn't enough stock.

The best ground breaking guiness world record breaking results will be issued tomorrow but the share price will be red by end of the week

[relliott10] 20/9/2022 13:06

Half year report tomorrow followed by an investor presentation on Thursday.

GLA

[johnyee 7] 16/9/2022 16:49

1.5 million buy after hours

[tia01] 16/9/2022 12:52

When the buyers outnumber sellers it will rise but the whole market is down not just MHC. It is frustrating though but top up when it falls and average down I say

[spacedust] 16/9/2022 12:23

That's what I've been saying for yrs. The company could be making billions of pounds every minute in pure profits but if the mms decide it is worth 2p a share there's nothing a soil on earth can do about it.

For this reason I'd like dividends so I can claw back some returns. This has gone down today to ensure it stqys6at the 2p level when the results which will be issued next next week and those results will be excellent beyond anyone's expectations. The share price will go towards 2p and then end up in the red for no reason.

Disgraceful market

[atlantic57] 16/9/2022 11:35

The Fundamentals of the Company do
Look excellent.Sadly the aim market
Is a casino and those dealing the chips
Decide which stocks will go up

[keithadaz] 16/9/2022 11:00

Wow the cash in the company is about the same as the market cap- a sure fire one way bet- but not enough liquid stock to even buy £1.5k. grrrrrr

[spacedust] 14/9/2022 10:27

I'd rather take dividends. Price will be 2p forever even if they do billions and trillions worth of buybacks

[londonmarket] 13/9/2022 15:14

On YGEN their chairman (who happens to be MHC chairman) recently left his position at YGEN...

[donaferentes] 13/9/2022 11:13

Perhaps they could take over YGEN / at least that would halve the number of depressing shares to watch!

[tia01] 13/9/2022 07:30

Many are calling for a share buyback which would probably have an impact on the share price however the company would be best to use the cash rich position to take advantage of other companies poor vulnerable situation and go down the acquisitions route. In the long term growing the business is in interest for shareholders. We all want higher share prices but management will focus on the long term stability and growth in my opinion. The markets will decide the value of the price based on performance and projections. Either way I believe the board at MHC will deliver Stella figures however once again I’m looking at the performance of future revenue streams hence new products and product sales currently. MHC is a rare company which finds itself in a cash rich situation and it’s time for the board to take advantage of this opportunity.

[supernumerary] 12/9/2022 21:18

What is the question?

[mcguines] 12/9/2022 18:52

Thanks to all for that. But a question remains...
There are a large number of shares being traded and the share price is not moving. It would seem that every sell is being matched with a buy and the market maker does not have to offer enticement i.e. raising/lowering bid and offer price. Anybody ??

[londonmarket] 12/9/2022 17:46

Buyback does indeed need approval. Also, it is extremely rare for a company of this size to be doing a buyback. Even with it's extremely strong cash position (for now). It's something I believe Penny was asked about before and brushed it off. Hopefully we can find out where the cash is/has been spent on the call in a couple of weeks...

[atlantic57] 12/9/2022 17:30

Yes you need approval.

[billy3] 12/9/2022 17:08

Pretty sure they’d need to agree to buy back at AGM. You can’t just go buying your own shares and cancelling them.