Myhealthchecked Share Discussion Threads

[tia01] 11/1/2024 09:00

Statement said traction in new products.
Does any company launch new products any expect them to fly!.
Didn’t it take years for people to be convinced of Tesla.
The UK has a culture of people relying on the NHS and it will take time to convince them of self testing however the journey has begun and gaining traction.
I’m happy investors are not being diluted and company self sufficient so I have no grumbles other than I want like all for the share price to rise.

[keithadaz] 11/1/2024 08:43

You saying that investors can't do zero sum... Sums then space ? My take on the results: MHC have been told to spend within their means ( they say this every meeting) and are doing it successfully. Sales of wellness are bad but it's not a total write-off, and are steady but probably increasing. That said, MHC will survive only by having a successful non COVID diagnostic profit centre. There is nearly 8M cash, maybe blow a mill and generate a position in the market?

[spacedust] 11/1/2024 08:30

I don't understand why they consolidated. Hasn't attracted any big investors

Consolidation is 99% of times the death of the sp

[spacedust] 11/1/2024 08:26

I agree. But I think a divi payments will be better as it means holding fir decades won't be as painful

[tia01] 11/1/2024 08:22

Spacedust
The best way to return cash to investors is a share buyback if they don’t intend a dividend. It’s clear by Half year update MHC will have over 10m cash and investors need a return on investment. I can’t see why taking 10% of the shares at these prices would affect MHCs balance sheet. I know they’ve had a consolidation but equally the resolution was passed to allow up to 10% buyback.
It’s clear they have revenue from various products now so surely focus must be on shareholders value.
Maybe an acquisition but not sure about that one to be honest. Fact is it’s in a strong position so we must be happy with these results.

[spacedust] 11/1/2024 08:13

They won't do neither.

Sp will crash

[tia01] 11/1/2024 07:43

I predicted 1m 11m turnover and 7-8m
Cash in the bank.
She did mention the new products were gaining traction so this is a positive development. You can see on Boots they are.I would expect further contracts to follow which could increase revenue from new contracts.
Fantastic results considering terrible first half and strong balance sheet with cash of 7.75m.
I wonder what the chairman has to say.
Also wonder if the board will either announce a share buyback or buy shares themselves soon!
All looks a decent set of figures to me and fact they got them out early indicating they wanted the markets to know they’re in a good position. These shares should easily be in the 20s with these figures.
The market will decide however.
Who the guy recently bought 3%.
Come on declare yourself please.

[tia01] 11/1/2024 07:22

hxxps://investors.myhealthchecked.com/corporate-news/archive/2024/110124
11 m turnover
7.75m cash in the bank
Concentrating on digital data.
Hopefully the markets like these figures.

[weatherman] 11/1/2024 07:21

Good report released at last - Covid tests were selling well. Cash is marginally higher than 12 months ago, and rebounded well after mid-year low. No breakdown of how new products are growing. Net cash justifies a price of 15p, ongoing Covid testing and turnover of £11m, with future growth in new products, justifies a higher price imo.

[spacedust] 11/1/2024 07:11

Red day on fantastic news

[mike2042] 10/1/2024 20:38

Tia01, there is not going to be a buyback of shares - theres just been a gigantic share consolidation.

[tia01] 10/1/2024 19:06

So does anyone know if they have to declare a buyback or are they able with the resolution passed just go ahead.

[tia01] 10/1/2024 15:02

Decent buying and all even!

[tia01] 10/1/2024 10:37

0.55p!!!!
If only we had cash.
The money they have on the bank is more per share than 0.55p

[spacedust] 10/1/2024 09:33

At 8.75p it was 0.55p

[tia01] 10/1/2024 09:32

Lucky Abbeygale
I hope so.
Do MHC have to announce any share buyback considering the resolution was passed last year allowing up to 10% buyback

[spacedust] 10/1/2024 09:32

It must get to 30p levels for no reason. This was the level prior to consolidation. Pre consolidation price now is 0.9p

[luckyabbeygale] 10/1/2024 09:11

25p should be here before the month is out.

[tia01] 10/1/2024 09:00

Spacedust
It’s holding up today

[spacedust] 09/1/2024 17:01

Remember this was 25p straight after consolidation. Now 25p looks impossible.....to get to 25p we need an earth shattering guiness world record breaking multi billion dollar deal.

What a shame and a sad basket case of a story this is. Wish we never consolidated

[tia01] 08/1/2024 21:09

I must say as a LTH it feels frustrating to see it pull back even after a great rise. Had news landed at 16p we could have easily passed 20p. All if only!!.
Stay positive

[tia01] 08/1/2024 21:06

I guess we get a RNS in a few weeks or so.
My guess is the share sales today is nothing more than someone needing to ensure they have funds to pay tax due end of this month. Don’t think it’s a huge worry if we settle down and start heading North again soon. It clearly had an incredible run in a week so a little pullback was expected.
I wonder why they haven’t re stocked 25pk and can only wonder if they are
Forcing buyers to pay for 5pk if they are well stocked. I personally think lines should all be available as it don’t send a great signal on their ability to cope with pent up demand.
Anyway expecting blow out figures based on six month figures not comparing to last years.
However I expect great guidance about new products and digital data services.
I also expect talk about new revenue streams ie new contracts.
I wouldn’t be surprised if we get RNS befor results!!!!!!!

[spacedust] 08/1/2024 11:31

Rns by the end of this month. But I just hope we don't have sell on news brigade come along and the share price drops on fantastic news