Myhealthchecked Share Discussion Threads

[tia01] 06/7/2023 07:38

Spacedust
Still no news but surely not long before we get update

[tia01] 05/7/2023 17:41

Spacedust
I think your prediction is a bold call love the optimism. I think we will see a slowdown in revenue as me move away from Covid product dependency.
I do expect good news on B2B and hopefully a good update from that part of the business. Also a good update on the new products.
Whatever happens I’m disappointed in the recent drop and unfortunately will have to sit tight longer.
The whole market is depressing but I still believe MHC is in a position of strength with cash reserves and growing revenue. Let’s see what happens.
Is any one brave enough to top up!!!!

[spacedust] 05/7/2023 08:04

This news will be just as good or even better news. More revenue more profit more cash in bank more products etc.

You know the rest

[tia01] 03/7/2023 07:34

No news today but July has arrived and update due.
Last year was around 20th July but hopefully this one’s earlier.
Good luck all and also hoping for news on new contracts in the run up.

[tia01] 30/6/2023 07:18

My view is MHC need to provide us with a goid update in July as previously stated. Think the sell off has been brutal given the financial position and continued success in new products launched. Just imagine if we had debts in this environment!. The fact is we are debt free in a great position.
I think that the B2B2C could prove crucial and think Doctors could end up referring patients to Boots stores that have onsite testing for many things based on the RNS related to Wales. I certainly think MHC have delivered on many fronts and on ROCE metrics we are significantly undervalued.
That said it’s all about the update due and whether they plan to expand to other retailers etc. I would hope for a positive surprise on current sales in Boots but I also know long term shareholders must be feeling shafted. Consolidation was meant to stop volatility but looks to have enhanced it. One would ask where’s the Directors support in share buying or company buybacks with excess cash flow. With 7.6m in the Bank I guess they must be getting a decent interest rate to cover wages alone. Let’s hope a positive update and surprise lands soon

[pugugly] 29/6/2023 10:07

Looks like a possible kick in the you know where for MHC from the NHS -
"A DIY health check for the middle-aged to carry out in their own home is set to be rolled out from next spring. Some 15million adults aged from 40 to 74 across England will be eligible for the NHS's new digital MoT. Patients will be invited to complete a health assessment on their phone or laptop, providing answers to questions about their weight, height, diet, alcohol intake and exercise. A blood testing kit to check cholesterol levels will be sent to them and they will be asked to get a blood pressure reading at a pharmacy."



Or could be interpreted as a reminder for the pharmacy that there are other paid for checks available from MHC and the pharmacist to sell then one or more MHC kits. Therefore very good for MHC.

Views?

[tia01] 29/6/2023 06:51

Debt free and the markets still gave MHC a nearly 50% haircut from recent highs.
The Aim companies are truly dangerous in this environment. The moment you sell at a huge loss they rocket on no news. Good news like Boots deal and you get a 50% haircut.
The mind boggles

[tia01] 28/6/2023 07:58

hxxps://www.thesun.co.uk/money/22834308/huge-high-street-pharmacy-chain-close-shops-boots/amp/
From 2200 stores 1900 won’t really affect MHC when they announce even more contracts.
Anyway let’s hope the share moves off lows and heads North again.
Update due shortly and hopefully it’s good

[mike2042] 27/6/2023 19:50

MHC is an online focused business, closure of Boots ‘bricks & mortar’ stores not so impactful. Availability/sales via Boots online store, thats the metric to note.

[pictureframe] 27/6/2023 19:39

300 boots stores closing wont help.

[tia01] 26/6/2023 07:32

hxxps://investors.myhealthchecked.com/corporate-news/archive/2023/260623

They must have a plan to be recruiting more experienced board members

[tia01] 25/6/2023 23:43

Plan B
B2B2C.
The possibility of Doctors referring patients for tests in Boots.
The need for more contracts in retailers etc.
I’m also assuming Amazon etc
MHC also selling direct via own site
Also a potential advertising campaign via both social media and some have suggested TV but this could be costly.
They have options but we must remember Boots contract is Non exclusive so MHC free to negotiate with other retailers

[control1] 25/6/2023 23:42

The agreement is non exclusive so CAN be sold elsewhere however, I suspect that may well depend on the level of take up at Boots...

[birdie12] 25/6/2023 12:03

What's plan B if they don't sell too well in Boots? I can see the cheaper rapid tests doing ok, but the other expensive ones could struggle imo?

[tia01] 25/6/2023 11:10

Control
I agree no one knows what’s about to happen to the stock market as a whole and I’m sure many companies will be in serious trouble but in my opinion the companies that emerge in stronger positions will be debt free companies with continued growing revenue streams. In a cash Rich position to pick up parts of or whole companies desperate to survive or sell at distressed levels.
How many companies can grow in this environment organically without the need for dilution or fund raising!.
On Roche metrics alone it’s way undervalued and clearly reinvesting profits to build on strengths.
All the board can do is keep delivering but as I’ve alway stated I’d like to see them invest personal money to send a positive signal to the markets.
Only 52m shares in circulation at 15p with a market valuation of ! and revenues growing at ! Is cheap in my opinion

[control1] 25/6/2023 10:35

That's an ideal outlook for the company Howe, the bigger problem is what is about to happen to the stock market as a hole (pun intended)...

[tia01] 25/6/2023 09:31

I’m sure MHC must be negotiating more retail contracts,
We all expect a slowdown in Covid revenue but MHC switched to low margin LFT tests before to keep revenue going to enable them to self fund expansion.
Now we have 21 products and im guessing some are high margin products which in my opinion could prove to be the key to MHC growing rapidly and expanding.
We are all clearly disappointed with share performance but is it a golden opportunity for smart investors looking for high value growth companies on sale.
Is MHC itself a takeover target with products, cash, no debt and contracts in Boots etc.
I hear what Spacedust says about TLY and acomparable could be drawn. That said new buyers at low prices could be gifted a once in a lifetime opportunity to accumulate a company that could potentially pay high dividends and reward shareholders with high yielding returns for many years.
I seen it years ago with Taylor Wimpy when it crashed to 4p only to go back over £2 and offer up to 20% dividends regularly.
Could this be the case for MHC who are vastly becoming a leading company in a sector set to grow as the NHS is suffering.
What do others think!

[keithadaz] 24/6/2023 07:31

Tia. I hope they will use the cash to generate product awareness and to R+D new products . Its also needed to counteract the cash bleed taking place of course

[tia01] 22/6/2023 16:36

Spacedust
Well the resolution passed in January paves the way for a dividend or share buyback but will they do anything with the cash!.
Penny should remember who’s invested when times were tough but I don’t think they’ll do anything other than stash cash

[spacedust] 22/6/2023 12:42

Tly have a 6% dividend yield which is very good for an aim company. Divi is greater than many ftse giants.

I hope mhc pay dividends soon...this way holding mhc shares won't be such a pain

[spacedust] 22/6/2023 12:41

Fingers crossed. I've had them crossed for tly for half a decade now. Their share price also lags non stop. With increasing revenue profit cash galore. So much cash in bank that they keep increasing their divi payments. Yet share price lags

[tia01] 22/6/2023 11:13

Spacedust
Let’s stay positive and I’m sure the markets will eventually realise a company like MHC with no debt in a rising interest rate environment is worth 10x many companies full of debt and rising interest rates.
Time to be positive I personally feel but yeah nothing surprises you these days

[spacedust] 22/6/2023 07:54

I think the margins are going to be good and the next set of results will be another record breaking one with huge revenues, bigger profit and greater cash in bank but will not be surprised if price crashes to below 15p then 10p