Myhealthchecked Share Discussion Threads

[tia01] 03/10/2023 20:02

The way the markets are behaving it makes you question the whole concept of capitalism!
A company like MHC in a market like this performing and beating expectations however we don’t reward the board. However indebted companies flying.
Is this a fair reflection of how prudent management and boards should be rewarded.
May be I’m missing something but it certainly is behaving like a third world company when it’s being run like and better than a FTSE 100 in many ways.
Management reinvested for growth. New products etc and with sit at 6m market cap. I’m still a fan of Penny and the board but imagine if she and the board decided to invest I’m the company with their personal funds. I think it would be hugely positive

[tia01] 03/10/2023 17:42

hxxps://www.boots.com/flowflex-antigen-rapid-test-lateral-flow-self-testing-kit-25-pack-10315414
38 x 25 packs in last 24hrs
5 pack’s selling every few minutes
We’re sitting at 6m market cap.
It will come good when the Penny drops.
No debt and growing. I had £1000 worth today but honestly despite me thinking it well undervalued the markets have a mind of their own. If 50 DMA goes then may fall further but either way I’m long term with much higher average so happy to average

[tia01] 03/10/2023 17:22

Held up well under pressure today I think

[control1] 03/10/2023 16:05

Bloody hell, swa of red on my monitor....!

[tia01] 03/10/2023 15:11

Control
I agree the boots staff don’t know much about MHC which I felt was strange.
I do genuinely think the revenue from Covid is not being factored in when it will turn out to be significantly higher than Penny guided in July.
My personal thought on the stock market is that if you aware of events or privileged to information that could affect the forecast then the market should be updated.
I do understand why Penny prepared the market for Lower revenue in July however since then things have changed drastically in the revenue I believe which may warrant a further RNS because no one new we would be selling this many tests at the time in July.
I could be wrong but it’s prudent and professional to alert the market and shareholders in any meaningful change. Anyway I personally hope we hold the 50 DMA to put in a solid base for the next leg but these markets are selling everything off if they have a profit.
For me it’s about fundamentals and as of this point in time I feel the financial position in MHC warrants a better rating.
The market needs to judge them performance along with growth strategy and MHC deserves a re rate.
However the stock market don’t care what we think

[spacedust] 03/10/2023 10:44

Well no one knows BHML who have been providing loads of heslthcare products for years to superdrugs boots snd other stores.

Some people don't even know PnG.

[control1] 02/10/2023 23:39

Not a single member of staff in Boots that I have asked has known anything about MHC tests, and I've been in a few shopsThis is something that we are told is going to be worked on with Boots so let's hope this feeds through quickly.I am getting the impression that our media presence is ticking up and this is the key. I pretty much guarantee you that 75% plus market makers would say "who", if you said MLC to them It's not effective to release the big increase in numbers to a low number of devotees (us), we need a bigger fan base to impress so there will probably be a trading update in a few months once we become more visible to the trade and the market. As for obligation to release info, I'm not sure that just selling more product is grounds (but I stand to be corrected)

[tia01] 01/10/2023 16:12

My figure of 10 packs per day I meant is conservative.
I seriously think that MHC is obligated to update the market if they know of material facts that affect the figures given gave such a poor update in July for Period closing in June. Since then there’s 3 months rising revenue and if my figures are correct the calculations I’ve done well under the real figures.
Penny should be updating the market 109% if she knows of any changes that will materially affect the end of year results.
She had a duty to guide lower in June because figures were in but she also has figures for 3 months since and I’ve monitored Boots online and they are flying in all pack sizes.
Saying she didn’t expect us meet last year’s figures could be deemed miss leading it turns out we actually do beat them.
As I keep saying we all know the covid tests are selling rapidly and also the existing test are gaining traction as only two months sales in July update.
Penny is a very smart woman investing for the future.
She also is smart enough to keep companies looking to buy out MHC away from the books.
I’ll stick my neck out and say I expect MHC to beat 2022 figures if they continue sales at current pace. If Amazon rise in monthly sales is reflected across the board in stores equally MHC will have blow out figures. With HIW in wales and digital data they know what’s coming and personal wellness testing is the future.

[tia01] 01/10/2023 15:42

Billy
I’ve just got out of Boots in Merry Hill and guess what! The woman said all the Covid tests sold out. Can anyone else check local stores because it’s the best way to get an idea of daily sales. The woman also said they are stocking them daily. So my figure of 19 sales a day could be very conservative.
I would like others checking local stores please. Merry Hill is a large complex but the woman didn’t know much about MHC tests however did show me a section that conducted tests instore and said that may be where they did them. Looked quite well set up so personally see referrals from GPs etc coming for MHC tests. I see why MHC are sticking with Boots with that set up.
I’m always being called Jamrock and others on different sites lol

[billy3] 01/10/2023 14:19

Tia01.

I agree with all that. Are you Jamrock on LSE ? :-)

[tia01] 01/10/2023 11:06

Billy3
I’m actually surprised analysts haven’t sat down and crunched the numbers on MHC sine last update in July.
No one expected the Covid would rise so rapidly or did the government but trying to play it down to save the economy and people health.
The government would be wise to work with MHC to better understand figures but instead the work on Covid in Water waste instead to help track it etc. Bla bla bla!.

Anyway how can analysts call indebted companies like Rolls Royce cheap with the amount of debt it has and ignore growing companies like MHC who are growing, profitable and debt free. Reinvesting in many growth areas including digital data without diluting which is prudent. They were smart to get the bad news out which crashed the price However they will surprise massively second half especially after forgetting to reveal in July they had invested in 1.7m stock now being converted to pure profit in next results as it’s fully paid for.
The new CFO will be made to look like a genius in December and if demand continues I expect us to exceed last years over all sales revenue and with only 52m shares and 7m market Cap who knows where it could go.

2009 Boots stores selling 10 packs of from July until December. Do the maths.
609 Lloyds stores selling 10 each of the 5packs.
Online sales of over 100 per day but I’d expect more like 200.
Actually if you add the average 30packs of 25 sold online at Boots I’d say say more like a thousand a day with 2packs etc.

So my question is why haven’t the media and analysts cottoned onto the monster growth machine Penny is creating
You actually forget the sales from the other 20 plus lines.
Then we have more strains of Covid and disease X and other la more deadly than Covid about to spread fear. These will ensure revenue continues for years and years.
Remember it’s debt free in a 5% plus inflationary environment that will cripple most businesses just like the high street.

I’m absolutely convinced the 5m in the bank must be over 8-9m since July with 4.75% compounded interest month on Month even with reinvestment the Roche return is phenomenal

[billy3] 01/10/2023 09:50

Good to see lots more reviews on the boots site for health test kits.
It appears that MHC have supplied members of the boots review panel free samples and they have left lots of review. Mostly 4 or 5 stars.
All part of the collaboration.
Should give them more traction.

[tia01] 01/10/2023 09:14

Amazon sales of Covid tests gone from 2k per month to 90k per month since July!. That 45 times!
Ok! Ok! Ok! Ok! What’s the point!!!
If!!!!!
MHC Covid sales sales go up from half 2.5 million up to June by just a quarter of the speed compared to figures on Amazon the would be around 11 times 2.5m. That’s 27.5m increase in revenue!.

Tests selling by the seconds and minutes on Boots site so I can’t wait for December to arrive as Christmas could be good at MHC.

[tia01] 29/9/2023 17:07

Surly Penny should update the market if she knows the sales of Covid tests is rocketing and the second half is ahead based on her last negative update in July.
She never anticipated sales would of increased month after month but surely she should produce another RNS very soon

[tia01] 29/9/2023 16:09

Welsh blade
90k sold but all good.
It was 2k in June per month

[welshblade1] 29/9/2023 12:19

https://www.amazon.co.uk/Flowflex-Antigen-SARS-Covid-19-Rapid-Test/dp/B093KZ8CR2/ref=mp_s_a_1_1?crid=28GLK2L3XFB4F&keywords=covid+lateral+flow+test+kit&qid=1695555183&sprefix=%2Caps%2C75&sr=8-190K sold in last month. This should help cash position.

[tia01] 29/9/2023 10:36

Moneymachine

If you really want to live up to your name don’t bet against it passing 15p sooner than you think.

Covid going through the roof and in a healthy position in the run up to December end of year.

I’d even suggest you missed a 0 off the end of the 15 lol

[moneymachine2] 29/9/2023 09:19

This will never see 15p again.

[tia01] 29/9/2023 07:39

Masks are back for staff in hospital’s mandatory so I as expected the Covid numbers are rising rapidly and government worried. Hopefully Penny gives an update if sales of rising rapidly and she’s aware her statement in July is In correct because she now realises we can smash last years sales figure a due to Covid sales alone!
She is obligated if the weekly m, monthly figures since July are showing exceptional demand that will affect results to the upside.
Come on Penny give us the update!

[tia01] 28/9/2023 20:07

Spacedust
Just as expected a bit of selling. If you bought sub 10p you’d probably cash in a bit but I hope it makes a second run at 13.5p.

[spacedust] 28/9/2023 15:23

Large sells going through. Well large for mhc standards

[tia01] 27/9/2023 16:09

Spacedust
The crazy thing is when it was a start up company basically moving into Covid testing from a pregnancy company with only £35,000 turnover 3 years ago it went to 7p. That was over £1.00 in todays shares.
Now we are valued 10 x less on market cap with probably over 7m in the bank and no debt. Over 20 products and a digital presence that will change the wellbeing market for sure.
The price is dirt cheap 100% and anyone buying for longer term is getting a huge discount and longer term holders need to average down to recoup losses but everyone to them selves.

[spacedust] 27/9/2023 16:01

At 20p the market cap is 10m.

100p = 50m
200p = 100m

[tia01] 27/9/2023 15:25

hxxps://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-wednesday-27th-september-2023/

As predicted