Myhealthchecked Share Discussion Threads

[tia01] 28/12/2023 13:22

Spacedust
Trending 15% up

Still LTHs down

Topping up is the only way.

It’s clear 2024 is the year.

This is people taking positions knowing results soon.

[tia01] 28/12/2023 11:56

Moving up nearly 10% today

Dig deep into them pockets

Spacedust

[tia01] 28/12/2023 11:49

RNS of a person of interest buying 3%

Relax spacedust

Time to buy low for the rise!

Year ending in a few days.

2024? The year of the comeback

[spacedust] 28/12/2023 11:09

25p post consolidation. Now 10p. What a disgrace

[tia01] 28/12/2023 08:34

Zak said we needed the rsi to rise 50 which was holding it back since October.
Well it’s 50 today so maybe that helps it move upwards.
Needs momentum and momentum needs buying

[tia01] 27/12/2023 16:06

So do we think Zak is correct this time. Is it possible we could reach 15p!.
That’s only 1p pre consolidation price.
Just how much value has been wiped off this share whilst fundamentals are even better than a few years ago is truly shocking.
Even 15p would leave most under water but but better than 10p. Results soon so keep the faith and I’m sure true valuation will
be realised soon enough

[soc3] 27/12/2023 14:32

https://www.voxmarkets.co.uk/rns/announcement/d0d97bbb-80a6-4ca9-84f7-04cbedcaff1d

[luckyabbeygale] 27/12/2023 13:42

I use IG sharedeal, IG spread bet, IG cfd and spread x.

[tia01] 27/12/2023 13:42

Lucky Abbeygale
What platform do you use!

[luckyabbeygale] 27/12/2023 13:07

Another seller from earlier seeing what a huge mistake he or she made, and having to buy back the shares sold at a premium.

[tia01] 27/12/2023 12:47

Are the bulls And bears fighting it out!
Who will win the day!

[tia01] 27/12/2023 11:34

hxxps://www.boots.com/flowflex-antigen-rapid-test-lateral-flow-self-testing-kit-5-tests-10312496

Still selling well.
Still no 25packs!

Still a cheap stock price

[tia01] 27/12/2023 10:06

It clearly shows a little buying and it will reverse.
Could we be about to witness a golden cross.
Come on buyers change the course

[tia01] 27/12/2023 09:59

I’d like to see the selling price rise. If this happens with momentum then it could move quickly given end of year in a few days, rising covid, rising new product sales. Maybe someone realises it’s cheap as chips.

[tia01] 27/12/2023 09:52

Abbeygale

I hope the lucky part in your name comes true.
More buyers needed but then it’s best taking a punt when all sellers flushed.
This has been too cheap so long. Maybe time to top up

[luckyabbeygale] 27/12/2023 09:46

9313 and 25,747 are buys. When I tested the limits earlier. You could buy at just above the bid price. Now they are wanting close to 10p. It looks like we are about to take off.

[tia01] 27/12/2023 09:44

Where are buys!
We need good news in update to change sentiment

[luckyabbeygale] 27/12/2023 09:38

Interesting that two sellers today have bought back in after relizing they have made a mistake.

[tia01] 27/12/2023 09:13

With end of year results the sellers are still out there!.
Will we surprise to the upside!
Will we do deals and catch the shorts off guard!

Hopefully sentiment changes soon

[tia01] 23/12/2023 13:32

Amazon selling 70k a month which is rising from recent lows of 40k which suggests covid variants rising which only plays in to MHCs hands.
MHC was and is able to capitalise on Covid products to ask growth without shareholder dilution which I view as an amazing strategy and smart move.
The problem is the markets need updates regarding new products which is the key to future revenue however if this materialise and new contracts come through things could move rapidly.
I’d love a contract to land soon even possibly before Januarys update but happy to wait as I’m surely convinced we won’t be disappointed.

[welshblade1] 23/12/2023 11:22

Thank you for your comprehensive response. I just bought covid tests from Amazon which was the wrong call then. They were Flowflex but a different distributer then.

[tia01] 23/12/2023 10:57

MHC has the contract to Supply Flowflex to Boots and Lloyds. That’s all so we are the middle person.

The cash in the bank is amazing for a small company and I’m also surprised a larger company ain’t snapped MHC up on a cash shell basis also given they also have over 20 products.
That said Penny is building a stand alone company which is why they are investing in digital data.

2024 could be a great year for MHC if they manage to survive without being taken over.

The thing is what price would someone have to pay. Most investors over 70% down. Mercia own the largest number of shares and wouldn’t accept anything less!!!!.
Remember it went to 7p pre consolidation with a 15-1 consolidation. That’s was with no products. That valued it at £1.10p in today’s market.
They had a share raise which shareholders were excluded from as I believe Mercia etc underwrote it!.
Since then they have 5m in the bank and over 20 products and possibly 7-8m in the bank now and even receiving 5% interest on capital in the bank.
The balance sheet is strong and no need for a cash injection so any buyer would need to pay a premium.
So the question is what is the true valuation!
I would say we get a better picture after Januarys trading update but I suspect 10x current valuation is reasonable if growth can be maintained and new product sales ramped up. Given the potential for ramping up sales such as more contracts,possible deals with GPs etc given HIW and others I potentials like insurance companies and Gyms etc the expansion opportunities are huge. The financial position in a high inflation and interest rate environment is so healthy for MHC they may even make a play for a larger company themselves to expand. They are truly in a perfect place but 2024 is year to truly establish its foothold in the wellbeing market. I’ve used the products and truly believe it’s the way given the NHS is in such a mess.
We also paved the way for dividends!. At these prices I could see any investor in for long term getting dividends equal to share price in ten years if growth goes to plan.
I seen this with Taylor Wimpy when they collapsed to 4p in 2008 and now nearly £1.50p and dividends more than the price in 2008. This is easily foreseeable for MHC but growth projections in next update is key to 2024.
Selling now is suicidal but each to their own and I’m accumulating for a long term and happy to sit tight and regularly top up.
Even though I’m currently down like others it’s about investing not gambling and the figures are satisfying despite blip early 2023. Watch the surprise to the second half catch the markets off gaurd

[welshblade1] 22/12/2023 14:58

Can someone exlain how the covid floflex tests are related to MHC. I have a box and no mention of the company on box. Just a German company and another distributer.

[weatherman] 22/12/2023 14:28

An example of what is happening in the wider market, BELL is trying to buy TMT purely for the cash. MHC may be controlled by MERC, which could use this as a cash shell for an IPO of one of its non-quoted portfolio.

[tia01] 22/12/2023 13:27

Dual
By the way my figures are based on an average of 3pks of of 5 covid tests being sold in 2500 stores between Boots and Lloyds since June.
Then we have online sales which are running at an average of 200 plus daily between 5pk,25pk and singles.
Then you have all the revenue from 20 plus tests in Boots and also Direct sales.
I’ve based my figures on Covid tests so new products etc has the ability to really surprise to the upside.

So amazed someone hasn’t launched a cheeky takeover. It’s far more appealing than any company on the AIM currently given cash reserves, Roche / reinvested cash. Prospects and Boots contract alone.
5m Market cap is like Rolls Royce at 60p.
Easy to see a 50% jump if figures are as I expect but that’s just my opinion.
I note the large investors haven’t sold any shares so they clearly hold faith in the team.
How has this share been so un loved in 2023.
Have a blessed Merry Christmas all 🤶