Myhealthchecked Share Discussion Threads

[tia01] 16/5/2023 21:21

What I would like to know is how many shares are tied up with long term large investors who don’t intend to sell anytime soon. The reason being with only 52m in circulation and many tied up or owned by large investors then surely they’ll be a scramble for them once news drops!!!

[tia01] 16/5/2023 21:07

Mike
Everything you said is correct but Penny needs drop the news regards deals as we all know Covid revenue will be declining. We need to get reassurance the new products are on shelves

[happydays6] 16/5/2023 20:15

Hiya Mike , I don't think people quite understand the importance of registering with the Healthcare Inspectorate Wales , as this is a Welsh company and registered in wales by registering it means we can sell products U.K. wide as we have met the standards required. GLA

[soc3] 16/5/2023 18:23

Well said Mike. The fundamentals and potential of the company here are brilliant. I can only see huge upside from here once the market cottons on to what this company is doing.

[mike2042] 16/5/2023 17:37

Metrics from the company April 3rd as follows.

Revenues alone are nearly twice the current market cap.

No debt, multiple product line launches, credible high street retailer partners, GP recommended / testing supplier to NHS Wales, significant digital marketing strategy + budget to pay it. Current sales volumes, forecasts + what forward valuation multiple for share price is, are the only unknowns here.

Revenue up 36% to £22.3m (2021: £16.4m)
Gross Profit of £4.6m (2021: £5.1m)
Adjusted EBITDA of £2.3m (2021: £2.7m) - reflecting the change in product mix away from higher margin PCR testing to the distribution of LFTs
Net cash generated from operating activities of £1.6m (2021: £3.0m)
Cash balance at year end of £7.6m (2021: £6.4m) - whilst continuing to invest across the business for future growth
Strong cash position to ensure next growth phases remain self-funded

What is the share price prediction for next week, month, quarter? International expansion?

[tia01] 16/5/2023 17:12

Strange conversations today regarding market cap and how much needed to breakeven. Anyway let’s hope for better news soon

[mike2042] 16/5/2023 13:03

Current share price x shares on issue approx = £11,440,000

[jj123147] 16/5/2023 12:34

Spacedust, If you take a look at the RNS issued on the 11th of May it clearly states the following " Accordingly, upon the Consolidation Admission, the Company's issued share capital will consist of 52,005,932 Consolidated Ordinary Shares each with one voting right." In order to derive the market cap of the company simply multiply this figure by the current share price. Hope this helps

[keithadaz] 16/5/2023 11:52

well , speaking as a semi dyslexic oldie- 4d works out at 1.67p .
... Doesnt your broker show your average buy price /market cap etc for you though?

[spacedust] 16/5/2023 11:42

Take a look at market cap on advfn it says 160m. Just click on the latest rns.

I need 4p actually on old money to break (I averaged down). So what is 4p in new money terms?

[billy3] 16/5/2023 10:54

Space dust. You are struggling with your maths today on market cap and your break even.

If your average is 2.1p, then you need 15 times that to break even. So you need 31.5p new money.

[londonmarket] 16/5/2023 09:32

The market cap is not 160m. It's the same as it was before. The shares outstanding have been reduced 15 times over while the share price went up by a factor of 15.

[spacedust] 16/5/2023 09:28

Market cap now is 160m. So at 60p it'll be almost half a billion???? Yikes nit happening.

[spacedust] 16/5/2023 09:27

2.1p old.money

Need 60p new money just to break even. Looks impossible

[tia01] 15/5/2023 16:30

Billy
News needed to help us out.

[billy3] 15/5/2023 09:58

Seems to be holding up well. Spread needs to be smaller.

It’s odd getting used to the new numbers.
Seeing a trade of 17k shares then realising thats 1/4 million shares before consolidation.

[tia01] 14/5/2023 22:01

100DMA broken but can we crack the 200DMA. Let’s see what happens

[tia01] 12/5/2023 16:23

Mine makes a millionaire 😂😂😂 if only

[adobbing] 12/5/2023 12:32

My II account still shows the old number of shares, but the new share price😁
Tried to see if I could sell the old number of shares, but it wouldn’t let me sell any☹️

[keithadaz] 12/5/2023 12:22

you should see iweb pug !

[pugugly] 12/5/2023 12:05

ADVFN as usual have messed up the fundamentals - Ignore market cap !!!!!!!!!!!!!!!!!!!!

[control1] 11/5/2023 22:55

Well 500k shares will be 33,333 as of tomorrow. We'll be reported as over 1000% up in the morningLooking at the revised number of shares, no buy back has happened to date, so I'm really hoping that this starts tomorrow to help support the current share price ..

[homtanks] 11/5/2023 11:59

Anyone else notice the continued 500k buys for weeks now.

[keithadaz] 11/5/2023 11:25

I can't wait to see what they will be doing to open up this market. It's a great time with the UK having insufficient GPs, but the public need to know and accept that an alternative exists . I noticed that our local pharmacy stock 5 wellness self test kits {Well Pharmacy chain}. I asked one of the counter staff about it and she said shes sold about 2 items [ although she pointed out the urinary tract kits had sold a few- so guess the 2 ikits may have been more] in 3 years .

[billy3] 11/5/2023 08:30

AGM today.

If all agreed, consolidated shares trade from tomorrow.

Mid price is up from 1.05 when announced to 1.3 today.