Myhealthchecked Share Discussion Threads

[weatherman] 11/1/2024 22:19

There may be a decrease in cash at H1 if they have to pre-buy tests like last year. Only 150k increase in cash by YE, so roughly breakeven results. Hope you are right about new products.

[tia01] 11/1/2024 22:08

Also note I actually called the figure
Of 11m turnover and between 7-8 in the bank so I’m confident I’m on point.
I’m also calling another 11m turnover in June plus a possible 2-3m in new products.
I’m also suggesting advertising costs may rise and possibly new staff costs etc so I believe we will end up with 3m plus extra in the bank.
I would like to know how many millions we have left in stock paid for to be sure.

[spacedust] 11/1/2024 20:40

Tly another example like MHC. Making a lot of revenue. Multi million pounds contracts wins after wins. Only.recently won a 13m pound contract yet the market cap is 10m. Cash rich debt free self funding divi paying cash cow yet the share price has gone down from 40p to 4/5p

[spacedust] 11/1/2024 20:37

Pyc 1p to 32p in 4 trading days on the back of a £500,000 contract win. The only contract win at that time.

Agree with Tia. So many other aim duds with no profit, no revenue no products no assets no nothing with huge debts are valued a lot higher.

[tia01] 11/1/2024 20:25

Weatherman
It’s going higher regardless of anyone’s opinions from British bull to simply Wall Street.
Covid will be key but the word traction was used by a lovely lady called Penny.
Do you believe someone bought 3% on 27th January for a punt.
This started life as a pregnancy company making £35,000 a year. Now we have £7.75m in the bank in just 3 years.
Many Aim companies diluting by issuing shares just to stay afloat.
Who believed it bitcoin at the start when it was $1 and now it’s $47,000 and it still don’t really have a material use.
MHC was 9.5p before Christmas and now 14p. It’s a dirt dirt dirt cheap penny stock that could easily become a ££££ stock as traction increases.
Just believe and enjoy the journey.
People are waking up to the need to take care of themselves. It’s simple Covid enquiry has shown the government don’t care about us so we must care about ourselves and each other.
We give chocolates for Christmas but attitude must change and it would be better to give an intolerance test to ensure the person isn’t allergic to the chocolate.
Come on believe in MHC

[weatherman] 11/1/2024 19:34

Pre-covid, MHC failed to deliver -,it has a lot to prove. Cash only increased by 150k over 12 months, which I found disappointing. At present the share price is supported by net cash, but we need to see some evidence of traction on new products to go higher imo.

[tia01] 11/1/2024 18:55

hxxps://simplywall.st/stocks/gb/healthcare/aim-mhc/myhealthchecked-shares/news/returns-are-gaining-momentum-at-myhealthchecked-lonmhc/amp

Simply believe in MHC!
It’s on the journey to a multi bagger

[tia01] 11/1/2024 18:43

There’s many companies like QBT who have no revenue and 3x the value of MHC. I’m sorry but fundamentally MHC is in a strong financial position.
Any one bashing should realise it’s still dirt cheap.
Any company that has more cash than market cap and reinvesting profits is definitely a winner for the future.
One to watch 👍

[tia01] 11/1/2024 16:43

A persistent seller must be soon cleared and then this will definitely move north.
It could also be a seller who has tax liabilities to pay in January

[billy3] 11/1/2024 16:43

Love it when someone just turns up and starts saying why we shouldn’t invest in a company.

Very nice of them to look out for us.

Says more about them than it does MHC.

[tia01] 11/1/2024 15:40

Smith
Tesco’s are the middle person in all there products apart from home brand lol.
Compare the market are also and doing just fine.
Traction in MHCs own brands!
Covid still a major issue.
No debt
Boots established contract
Very little shares
Come on get real. Year on year they are producing decent figures.
It’s a buy 100%

[tia01] 11/1/2024 15:27

It would be nice to see selling price above 14p. Then we may have squeeze and push upwards

[luckyabbeygale] 11/1/2024 14:40

I just checked Smithie6 posting history and he only ever deramps stocks.

Checking the selling price. I am being offered 13.91p for £9,000.

[columbarius] 11/1/2024 14:37

The main point for me is that they're able to invest c£1.5m a year establishing the data and control systems for the new business whilst maintaining cash year on year. Once the new business is obviously growing and self supporting this will multi-bag. Until then I see no point in dividends or share buy-back. Some of the people requesting these were wetting and throwing toys out of the pram when cash dropped at the interims. It will require patience but in our favour management has proved to be very astute(but top marks only when they buy significant shares).

[mike2042] 11/1/2024 14:35

*Smithie6 is a paid deramper* Good, the surfacing of these people = share price will appreciate.

[smithie6] 11/1/2024 14:29

What's the story here ?

If I post some bear points is anyone willing to reply & point out why I'm wrong.

Some Bear pts
1) the biggest (or almost only) selling product is a COVID test made by someone else & bought by MHC. That has many negative effects.

2) MHC appears to be a middleman in the supply of COVID tests. .that doesn't add any value....& hence there is a high risk imo of MHC being cut out of the chain

3) the margin that MHC makes on COVID tests is pathetic, 15% !!
Shop margins are much higher than this.
No business can stay listed on AIM making just 15% margin on sales which are not that high & support all the costs of the company.

4) the sales of COVID tests in any 1 year is a complete unknown, a bit like the wind or rain; which is not good for investing.

5) the products put with Boots appear not to have sold in any material volume.

[tia01] 11/1/2024 11:17

The thing is she has stated the new products are gaining traction and you can reasonably see on the Boots sight that some of the more expensive ones are selling. We know they are heavily invested in digital data and it’s clear they are aware of the sales but keeping this for the next update. They did say in August they would start projecting figures this year and I for one believe they are well aware of the growth potential. Also who is the Donald that took 3%!. That appears a smart move and he’s definitely not selling as no RNS. The thing is we are financially sound and return on capital re invested must be showing dividend. Just imagine a new contract release soon. Penny also alerted us to a great 2024 at the Christmas party on linked in. I would also expect a few more products released!.At least we are secure in knowing we are self sufficient however I do see companies who need store presence looking at us like NCYT who are aware vaccines to be sold privately in Boots soon.!

[weatherman] 11/1/2024 11:01

It seems to me the current share price is well supported, but there is nothing to entice buyers to drive the price much higher until we can see clear growth in the other products - this statement did not give us much information about that. MHC may be able to sell £10m of Covid tests each year, but at low margins. imo.

[oliversydney] 11/1/2024 09:25

It seems a certainty if the share price stays,at this level there will be an offer for this company at a much higher price and the directors already allowed for this in their options recently

[spacedust] 11/1/2024 09:19

Cash same as mkt cap . And still doesn't rise

[keithadaz] 11/1/2024 09:05

Yes and with a stable cash situation.....

[billy3] 11/1/2024 09:02

So this company is a an established company and a going concern in its own right.

It is valued in share price less than its cash value !