Myhealthchecked Share Discussion Threads

[encarter] 31/1/2023 09:55

It's the seller that's holding us back. They must need the cash so MM's will screw them over. Not sure how low they will take it.

[pavey ark] 31/1/2023 09:46

I've just gone back over the half year figures and making a few assumptions and using today's figures I get a "clean" cash balance of £7m and a Quick ratio of more than 2.

With a market cap of £10.5m as I type cash makes up 73%.

People here seem fixated by Covid and the reduced profit from it but it is still out there as is the revenue from the tests.

The days of the all encompassing NHS are coming to an end (unfortunately) and people are certainly more willing to take a greater interest in their health.

The figures above make this look very cheap on Covid tests alone or the home testing alone but together and an EV of £3.5m this is rather silly.

[encarter] 31/1/2023 09:35

Running a little late but it sounds like they will launch in February.Obviously we have a large seller. Not sure who? Once they are gone we should see a rebound. Hopefully.

[relliott10] 31/1/2023 09:09

I agree but punters aren't testing as much.

[oakville] 31/1/2023 09:02

Covid isn't going away that's a fact.

[relliott10] 31/1/2023 08:59

I feel like I've read this trading statement before. A bit same old story. Still heavily reliant on covid income with exciting new products in the pipeline awaiting imminent launch. Nothing in there to make me sell but nothing in there to attract any new investors either. A bit meh.

H1 revenue £9.8m
Annual revenue £22m
Month 7 July income £6.8m
H2 revenues less July = £5.4m (almost exclusively covid LFTs I imagine)

Covid revenues are in decline, as expected but still generating a healthy source of income. The assumption must be that they will continue to decline further.

The 'new product development timeline is on track' but the last half year results stated the launch would be Q4 last year. There's clearly been a delay.

[encarter] 31/1/2023 08:45

Very unloved stock. I think the announcement of a divi will be the catalyst to get the share price climbing. I'm hoping for a bonus divi of 0.5p.

[encarter] 31/1/2023 08:40

We had SARS in 2003 then MERS in 2012 then COVID in 2019. By the time COVID disappears a new virus will be upon us.

[pugugly] 31/1/2023 08:38

Relatively heavy selling driving downprice - Buyers appear to be sitting on their hands and doing nothing.

[spacedust] 31/1/2023 08:31

Hate being right about thus share.

Only Hope is a pump and dump ONLY

[spacedust] 31/1/2023 08:29

Some companies with debt no profit no revenue or assets or products share price rising non stop.

So I was right when I said this will be red on fantastic news

[pugugly] 31/1/2023 08:24

Still looks as though very dependent on Covid - Nearly impossible (for me anyway) to compute how far the new products will fill the gap left by the potential decline in covid linked revenue.

[spacedust] 31/1/2023 08:11

Exactly. But it won't.

[keithadaz] 31/1/2023 08:09

Great news I reckon. Declaring and confirming that there are no cash calls n the pipeline must help a new company radically , and with ongoing revenue while waiting for sustainable revenue to kick in has to help a sustainable share price

[mr macgregor] 31/1/2023 07:55

The 99.9% retailer approval rating is a tad disappointing. What went wrong to lose 0.1% ?

[spacedust] 31/1/2023 07:48

Tly tank8ng as they delivered 100s of millions of pure profit with increasing divi.

Excellent results. Record breaking profit. Full expecting Red by the end of the week. We need a pump and dump

[oakville] 31/1/2023 07:43

Watching from the sidelines but decent report.

[encarter] 31/1/2023 07:37

7.6m cash and climbing. A divi is on its way for sure.

[qs99] 31/1/2023 07:17

Agreed, that is the key to this share price motoring IMO....DYOR

[encarter] 31/1/2023 07:15

I like this bit.The new product development timeline for an extended portfolio of wellness tests is on track and the Company is in the process of finalising launch plans in collaboration with partners for its extended at-home wellness test portfolio, whichever will be announced shortly.With partners. More good news on the way.

[tia01] 30/1/2023 20:36

Spacedust
What’s happened to Tly

[spacedust] 30/1/2023 11:55

Would it make any difference to the share price though?

[tia01] 27/1/2023 14:55

How difficult is it to get new products in boots or Lloyds when your in there already!

[spacedust] 25/1/2023 08:40

Yip tly winning contracts non stop with 100millions worth of revenue. Cash rich no debt increasing divi yet share price declines badly.

I'm glad I've stuck to ftse rolls roycez fresnillio and HOC ftse 250

All have almost doubled. Mhc stuck in the gutters fir good. Who needs aim shares when u have ftse giants who will multibag.

Will sell rolls at 240p - 3bags
Will sell fresnillio 1500p - 3 bags
Will sell hoc at 200p - 3bags