Myhealthchecked Share Discussion Threads

[atlantic57] 12/4/2023 10:08

Based on the detailed comments by Keith
And Pug there is no hurry to buy here

[pugugly] 12/4/2023 09:45

keithadaz - Exactly - You have put your finger on the black hole - Also what is a "Wellbeing Product" Very woolly name for consumers to understand. I have been a consumer of a range of medical tests for some years which address/identify specific problems. Nothing specific that I can see so far in the pre-announcements.
Also being beaten to the post is some areas eg:

At-home kits now on sale at Tesco will let you test yourself for CANCER

Tesco has partnered with Newfoundland Diagnostics to offer tests for cancer
There will also be tests for the menopause, thyroid problems and deficiencies
The at-home tests launch in stores on Monday and will cost between £8 and £12
At-home kits now on sale at Tesco let you test yourself for CANCER
www.dailymail.co.uk/health/article-11796497/At-home-health-tests-launch-Tesco-stores-nationwide.html
www.dailymail.co.uk/health/article-11796497/At-home-health-tests-launch-T

[keithadaz] 12/4/2023 09:20

Agreed . The problem is that MHC hasnt really any products. If it can get them up and running ... AND ... produce the market for them , WOW. At present, no serious investor believes that [ share price shows that] . And MHC track record : -
2020 fertility company [ ditched, v few sales ]
2021 COVID company [ nearly finished demand wise, but has been profit generative]
2022 DNA wellbeing testing company [ no retailer, no marketing, no sales, ready to ditch?]
2023 More wellbeing products [ late arriving, expected this quarter however]

[pugugly] 12/4/2023 08:21

If there was any real value here given the level of cash I would have expected a Vulture Fund to have grabbed it - The fact that no offer or rumour of one appears negative indicator to me.

[atlantic57] 12/4/2023 07:44

You must back your judgement on this .

Negatives

The market is not interested in Companies future earnings on new products until such time as they deliver revenue .Sbtx Opti and Hvo recent examples of this.

The bod attitude to shareholders to date has been unimpressive with the ceo clearly stating that the share price was not a priority.

It appears that the acquisition they made has not been a success.

Setting up an ebt with a jersey company running it will be very wasteful of shareholders funds.An emi share option scheme could have motivated the employees at a fraction of the cost.

Positives

The Company knows how to do Covid tests

They have a substantial Cash Balance

The business is currently being valued at close to zero if you strip out cash so any hint of success over time would send the shares soaring

[encarter] 12/4/2023 03:47

Worst illness I ever had. Splitting headache, upper back pain is terrible, as bad as toothache. so bad I had to pace up and down the kitchen moaning for 2 hours yesterday. Hot and cold, dizzy, weak. Fast heart beat. The viens in my head are bulging. it's been 2 days and just laid in bed for 4 hours in agony but too knackered to move. Got up for a cuppa and now swallowing is painful . Oh and the skin on my torso feels like it's sunburnt.All very weird. The headache and dizziness reminds me of sinusitis. The burning skin is like the start of shingles I had plurasy years ago and the upper back pain is how I remember that. The painful swallowing is like tonsillitis. Correct me if I'm wrong but inflammation is your own bodies response to infection. So maybe my body doesn't recognise this virus so it's trying all the things it tried with previous viruses. It feels like I have sinusitis, shingles, plurasy and tonsillitis all at the same time. The worst symptom by far is the back pain, though pain killers do help.I think the COVID tests will be a good stream of income for the next couple of years until the new stuff really kicks in.

[pugugly] 11/4/2023 16:08

billy3- Have seen them also on website - Very unspecific if I may say so - Need far more specific details as to what specific tests and what medical conditions are being checked.

[billy3] 11/4/2023 16:02

We know what the new products are.
If you watch the investor meet presentation you can see a display of them all.

[pugugly] 11/4/2023 15:35

As mentioned before until we know what the new products are - what the tests can show and what action users need to take after they receive the results plus the consolidation has been done probably (imo) not investable - save for gamblers.

[tia01] 11/4/2023 11:56

Come on everyone top up and push the shares up. Actually come on Penny drop some news and push it up!!!!

[keithadaz] 11/4/2023 11:25

Encarter : what exactly happened drug/treatment wise . Anything ?

[tia01] 11/4/2023 11:25

I hope you bought a MHC test.lol. Get well soon. It’s horrible first time

[encarter] 11/4/2023 08:15

I've got COVID and it's pretty terrible. First time I've had it

[tia01] 06/4/2023 17:36

If you listened to the investors meeting you’d understand what’s coming. The has moved up despite all the doom and gloom. Top up and relax

[spacedust] 06/4/2023 16:40

Leak? What are you expecting

[tia01] 06/4/2023 15:05

Not a chance. As it rises it encourages weak sellers to be tempted. As we speak 1.15p to sell so the buying and selling moving up. As the buyers get desperate they will pay more. This is ready to break out. 50-100DMA averages in sight. 1.24 next target and then 1.4p. Let’s hope news comes or a leak over Easter

[pugugly] 06/4/2023 13:31

Tia01 - Surely we need it to fall to trigger more stop losses and salvage sells.

[tia01] 06/4/2023 12:51

We need the selling price to rise to encourage more weak sellers.

[tia01] 06/4/2023 08:05

No bull it’s up up and away!

[spacedust] 05/4/2023 21:24

No pnd. But pnd still is the nbst bet to 4p before 11th May.

1p to 4p likely but 15p to 60p is far to difficult

[tia01] 05/4/2023 18:12

Did any miss PND. I did because all I seen was a steady recovery.
Still waiting.! It ain’t happening so jump onboard and average

[tia01] 05/4/2023 16:25

Billy
Well said

[billy3] 05/4/2023 11:15

Well I have been in this share for some time now.

I listened to the investor meet yesterday as I was travelling when it took place.

Despite the ‘delays’ for the new products, I was happy with the way forward as it stands. The new products number was 23 or 26 ? I can’t recall. But either way, they are blood and using tests (as we knew), not like the predictive DNA tests.

There were clues in Penny’s responses as to what May happen.
I’m cortina they have Boots and/or Lloyds on board and I would be expecting prominent display of the range.

Of particular interest was talking about in store testing.
So you could go in to Boots and they will take a sample from you for the MHC test you require. Boots already have this facility set up in branches.

Crucially, all lab testing will be in house with MHC.
It was reiterated that this is to maintain complete control over quality.
This makes sense now they have outsourced all the Covid testing.

In terms of cash non the bank, the CFO said that the current share price basically values the company at ‘cash’ level and doesn’t even include stock.

So, they still have revenue and cash and will be doing a launch in due course.
I get the feeling that the tie in with the B2B aspect prohibits them disclosing too much.

They are monitoring some ‘interesting’ opportunities for investing cash but didn’t commit to anything yet. Penny mentioned the buy back facility and the consolidation was to help reduce share price volatility.

For me, despite being a long term holder and averaging down more times than I care to count, I added yesterday and today. Bringing my average well down.

It’s been a long old road for long term holders. But I remain confident that provided we get on a board with a big retailer, the new products will be a huge earner in the wellness market.

I forgot to mention the Wales Health accreditation. I’m no expert on this but I believe it is a leave of governance that will give entry to the NHS side for MHC. Penny mentioned doctors etc so again, it seems they are looking to get NHS to use the new tests for initial screening.

As always, don’t invest more than you can afford to lose.
This still is and always has been one of my high risk holdings.
But it’s also the one for me with the highest potential.

[keithadaz] 05/4/2023 07:52

the pimp sells the dump to help prevent global warming? - 100% recycleable

[control1] 04/4/2023 21:14

I can't wait to see how a pimp and dump works....