Myhealthchecked Share Discussion Threads

[tia01] 19/9/2023 08:14

I personally was glad to see note the 1.7m was used to create stock however why didn’t the emphasis this in Junes update.
They are clearly being conservative to ensure low cash burn but the recent revenue from from Covid uptick has been a great opportunity and Penny missed the opportunity to give us an insight to these post update Covid sales.
Maybe they have are well aware they can surprise to the upside at end of year but none of this helps long term holders.

A company debt free! No mention of this great asset in these times.

Interesting to listen to the meet and greet later but sorry I’ve backed Penny and hope the markets see through this blip but she’s definitely delivered it in a totally somber way.
Let’s see if she buys!
Maybe Yourgene board member has shown how to line her pockets at shareholders expense!

[columbarius] 19/9/2023 07:52

The loss is lower than I expected given the big cash drop of £2m. Indicates intelligent and flexible management. As the results show, most of the cash drop is explained by purchase of covid test inventory, which, as we know is being converted to cash with the ongoing rise in covid. Nice foresight having the tests ready to go. Priced below cash.

[weatherman] 19/9/2023 07:35

There is mention that Covid may become seasonal, and that there has been an upturn in Covid sales post-period.

[tia01] 19/9/2023 07:27

One positive is 1.7m stock and accreditation in wale!.
No mention of current bank balance or a hint at how many millions of Covid tests dispatched since June.
Very vague and no mention of possible share buyback or new products.
Maybe I missed something but looks like a missed opportunity.
I did miss something the loss

[tia01] 19/9/2023 07:10

hxxps://investors.myhealthchecked.com/docs/librariesprovider66/archive/results/interims-2023.pdf

Nothing new from last update.
Not even a current up to date bank balance!
Missed opportunity in my opinion

[tia01] 18/9/2023 18:08

Control
If you look on Boots we are selling tests at £8,49 for 5, £1.75 for 2 and £49.00 for 25pk.
Combined sales equates to 1 test be sold every minute or two. Sometimes by the seconds and test being sold solid from 5-6am until 12pm which has increased.
The point is tests are flying and that’s just online without in store sales.
Plus Lloyds sales in over 600 stores and online. This is incredible revenue not anticipated or expected which sets us
Up for a solid financial position.
However we need positive news on new products 100% and I’ve noticed a few decent reviews
On trustpilot which could be good news.
Patience is required but as I said before
A buyback or Directors supporting the share would help.
The possibility of new contracts via retailers or NHS could also be a
Revenue driver.
Penny needs to get the point of future growth and ambitions because the first half results will be significantly below last years but anyone would of expected that but the market is brutal but equally good news could see a 30 % jump also.
Tomorrow is a big day because we either fly or die. I still believe MHC is well undervalued but the market will decide and the future of MHC could be decided based on tomorrow’s statement not figures.
I hope they given a guide to current cash in the bank and any potential new products.

[control1] 18/9/2023 14:29

Potentially, COVID revenue is back up to 750k-1m per month again (certainly 450k from Amazon alone). What we don't know is the margin, so hard to appreciate the real impact, except of course, it's a good thing, not bad. Crucial that the update includes statement revenue post results period

[tia01] 18/9/2023 13:06

Expect around 3m turnover however expect an update stating millions of Covid tests sold since in July ,August and September.
That said it’s the plan for the future that will be scrutinised as everything else factored in.
New contracts would be a bonus and a buyback!.
One thing for sure current Covid demand getting stronger.
Interesting to see how much cash in Bank. Hopefully more than 5m

[pugugly] 18/9/2023 11:05

Crunch time coming:-
"MyHealthChecked PLC (AIM: MHC), the consumer home-testing healthcare company, confirms that it will announce its interim results for the six months ended 30 June 2023 on Tuesday 19 September 2023.

Investor Briefing

Penny McCormick, Chief Executive Officer, will host a live online presentation relating to the interim results via the Investor Meet Company platform at 4.30pm on Tuesday 19 September 2023. The presentation is open to all existing and potential shareholders."

So get those questions ready.

[tia01] 17/9/2023 09:49

Weatherman
So why would they wish to be a shell company and if they had 5m in cash what’s the true value!
Interesting to see reaction on Tuesday

[weatherman] 17/9/2023 08:18

MHC could make a nice shell company for a larger private co. investor MERC has lots of connections.

[tia01] 16/9/2023 22:08

Over 600 lloyds not boots also

[tia01] 16/9/2023 22:04

hxxps://www.amazon.co.uk/Flowflex-Antigen-SARS-Covid-19-Rapid-Test/dp/B093KZ8CR2/ref=mp_s_a_1_1?crid=2JRAJNL7ICFV5&keywords=covid+lateral+flow+test+kit&qid=1694897807&sprefix=%2Caps%2C64&sr=8-1

We now have 70k viewing flow flex tests and 60 k buying each month and probably rising in a few days 70k buys which is the usual pattern. So from 2k to 70k! a month in a few months. If this is a reflection of MHC sales in Boots and Lloyds then you can’t ignore the revenue stream and impact on growth this has.
The financial stability it creates etc. The opportunity it presents and strength MHC could be in.
Interesting to see cash in Bank from June until now if they decide to declare this.
Remember boots are selling by the seconds and minutes but also 2000 plus stores selling every day and over 600 boots stores. Plus other major retail contracts etc possible.

Time for Penny to prove herself!

[tia01] 16/9/2023 21:55

Spacedust
That’s a high average and I’m surprised by the markets attitude to MHC and other health shares like TLY.
That said the stock market always look for new things to create a new boom and way to lead us out of a crash and usually the old companies are not the ones. I could be wrong but if you look at you tube etc there’s hundreds of videos with wellness testing and people advertising the importance of understanding the body and ways to stay young and eat the right foods etc. Just maybe MHC are in the early stage of a huge growth area as many people including myself have used the tests and feel they definitely have a future in personal wellbeing.
As I say health is wealth and people are more conscious of personal health.
Also it has a perfect position to capitalise on its debt free position but it’s in their hands to take full advantage of a resurgence in Covid revenue.
It’s easy to why a larger company would launch a takeover because they’ve done the leg work and produced the goods.
It’s clear they lack understanding of target marketing because the way is clearly you tube, Tik Tok etc but also it’s important to be cautious of costs.
It’s definitely an opportunity by Directors needs to demonstrate they personally believe in the strategy and not just say it.
Very few shares available and and frenzy buying and they rocket but equally bad news and they fall as proven in June.
Fundamentals to point to oversold given cash in bank v market capital.
I hope Penny can demonstrate the second half results are flying as first half will be
Be poor.

[spacedust] 16/9/2023 20:48

Tia even if there's a severe lockdown for months and people use only mhc tests around the uk the share price won't still rise. Sorry to sound like a annoyed broken record but mhc is simply not liked by the city and everyone is paralysed to do anything about it.

A huge pump dump is the only possible ticket to breaking even which mine is now a staggering 60p which I unfortunately will never ever see.

I will add at 1p and then wait for a pump to 12p then sell the lot

[tia01] 16/9/2023 20:42

hxxps://www.investopedia.com/ask/answers/081114/how-does-warren-buffett-choose-what-companies-buy.asp#:~:text=Buffett%20prefers%20companies%20that%20have,to%20the%20company's%20intrinsic%20worth.

Warren Buffett likes companies with little or no debt.
Companies with a unique product advantage!

It’s easy to see how wellness products will be unique in years to as people realise health is wealth not the other way round.
You can easily see the growth potential but can MHC extract it!
Results will be vet bad but I hope the market is provided with sales update from July to date as I’m sure they’ll have made more in the last 10 weeks than previous six months. MHC must convince the market its strategy is working but will they succeed!
In a
Country that depends on the MHC whilst encouraging private health I’m convinced MHC can be on to a winner if they get the marketing right.
Imagine home tests for Pets as well!
Sounds silly but more money money spent on Pets than anything at the moment.

[tia01] 15/9/2023 19:09

Spacedust
I hope your wrong but I must say how sad it is to see Tly and MHC so low especially with the cr-p going up with no earnings etc

[spacedust] 15/9/2023 16:58

No 1p new price if results are bad

[tia01] 15/9/2023 15:57

Spacedust
Do you mean 1p pre consolidation lol.

What’s going on!

[spacedust] 15/9/2023 12:41

If either reach 1p I'll break my rules and buy in

[spacedust] 15/9/2023 12:41

Well done black horse

No it's a race between tly snd mhc. Who will reach 1p first

[tia01] 15/9/2023 09:27

Is the share price setting up for bad news or is it a bear trap!.

Penny what’s happening!

[tia01] 14/9/2023 20:00

It’s rising faster than anything and governments playing it down.
They say they are giving vaccines to over 65!.
I wouldn’t trust any vaccines not tried and tested for years.
They probably don’t want people to collect pensions. Lol

[tia01] 14/9/2023 19:15

Control
It’s clear that since end of June the last two and half months have been stunning due to Covid.
What would be a good indicator is to see if they include a current price of cash in the bank to date. If this rises from the 5m then we can assume Covid revenue is rolling in. That said I feel many eyes on current sales of new products and ambitions to promote them.
Look at loop up and mode shares. Rocketing on hope.
Surely if she communicates well and the boards actually state intentions to buy shares it could have a positive impact.
Also if they mention any buy back etc!.