Myhealthchecked Share Discussion Threads

[tia01] 07/2/2024 23:23

I disagree
I believe MHC should be in a position to communicate with Boots to ensure stock levels and ensure there’s no supply issues.
Penny did say they could deal with pent up demand.
25pk have been out in the peak of the recent variant at Christmas and still out.
Explain that to a care home that needs larger packs!.

It’s a logistical problem that needs sorting if MHC are going to truly establish itself as a leading go to brand.
You couldn’t imagine Tesco running out of Milk or bread for over a month.
I truly believe revenue is key to MHCs survival and every time a line is in demand it runs out and don’t replenish stock.

[supernumerary] 07/2/2024 23:05

More likely to be a Boots problem than an mhc one - it's their responsibility to keep the shelves stocked, not mhc's. They presumably give most attention to their own products and to those on which they make the most profit, which is hardly likely to be anything of mhc's except possibly covid tests at the peak of the outbreak.

[billy3] 07/2/2024 21:28

I was thinking the same.

On boots site a couple of days ago, the blood health, ulcer test and dna intolerance all out of stock for online ordering. They were in stock on MHC site.

Maybe an e mail to walbrook to ask ?
As a shareholder, it’s disappointing.

[tia01] 07/2/2024 21:12

Lots of MHC tests selling out. MHC slow to restock.
I wonder who is responsible for this

[tia01] 07/2/2024 13:56

Looks like the selling price is rising but would be nice to see some big buys. Looks like they are trying to tempt people to sell so I wonder if they have a decent buy to fill.
Just seems strange to see selling price rising with little volume

[tia01] 06/2/2024 21:53

If MHC was to throw the towel in tomorrow its capital return to each shareholder at 8m would be 15.38p!
So without sounding delusional I believe todays price at 12.25p I well undermining the truly value of MHC.
Even a cash shell gets a better rating than team MHC on the stock market.
Surely this must change.

[tia01] 06/2/2024 18:35

So that’s 6% of the current shares taken off the market for investing £400,000 from interest which still leaves the company with well over 7.5m to continue its expansion.
The board passed a resolution early in 2023 to be allowed to buy up to 10% of shares back. We could buy back 6% with interest alone. This is a smart way to create investor value and company value with increased share price which increases the power and ability to expand with a higher share price!

[tia01] 06/2/2024 18:11

Spacedust
Let’s imagine the board haven’t got any spare cash in personal pockets!
Let’s say the company account has over 8m in the bank given a good January trading performance. That’s 8m @ 5% interest in the would equal £400,000 in interest!
Whilst receiving £400,000 is fantastic however if they decided to invest the £400,000 in a share buyback at an average purchase price that’s over 3 million shares taken off the market!.
This would definitely increase the price towards 20p and allow MHC to use share equity to fund acquisitions etc as price rises.
The amazing thing they don’t even need to use own money and just rework existing money.
This is a no brainier and given what’s happening at TLY MHC should take note

[tia01] 06/2/2024 17:19

Spacedust
Still below p pre consolidation price and no Director buys!
I agree if they purchased just a small amount it would send a positive signal to the markets

[tia01] 06/2/2024 16:46

Tly could easily move another 50% if it clears 7p.

[spacedust] 06/2/2024 16:17

Tly up 70% in 2 days on the back of director buys

Our directors need to get their fingers out

[tia01] 06/2/2024 16:02

Spacedust
Get your cheque book out and average down

[spacedust] 06/2/2024 11:33

We need to get in on the pump

[tia01] 06/2/2024 11:07

Spacedust
We are all preying or dreaming

[spacedust] 06/2/2024 09:54

Come on keep pumping

[spacedust] 06/2/2024 08:04

I need a whopping 60p just to break even so 350% rise needed

[tia01] 05/2/2024 20:36

Spacedust
I don’t anyone in this for years that isn’t loads down.
Price roughly 2/3 of a penny pre consolidation price.

I think most have thrown the towel in however I’m sure one day it will jump 100% and we will all say how cheap these were.
But for now I’m dreaming lol

[tia01] 05/2/2024 17:02

Well I pumped up the tyres on me van today. As for MHC is all quite.

[spacedust] 05/2/2024 16:43

Where is the pump chaps. Need the pump desperately

[tia01] 04/2/2024 19:17

It’s fair to say a slowdown in Covid sales from February will decline unless a new variant shows its face.
That said we will see better first half figures than 2023 and I am currently adjusting my prediction of Covid sales of around 5.5m for first half which includes 1.5m for January and 4m for further 5 moths.
That said give we have prepaid for a portion of 2024 tests it will prove that significant.
However I do expect a pick up in new tests and expect more costly tests like intolerance ones to grow. I anticipate sales of 2-3m for new tests as store sales gather pace.
So we could easily see sales of over 8m for first six months and expect 9m in the bank.
I also expect new tests and contracts to be announced shortly which could be a game changer.
Government now under they need Boots etc to help cut waiting time for Gp so expect more tests available to NHS patients to be sold from Boots pharmacy

[billy3] 03/2/2024 15:32

I had an intolerance test delivered last week direct from MHC.

Boots shaking out of stock online
Orders. But in stock at my 5 nearest stores to Bristol.

So looks like boots have no online
Stock.

[billy3] 03/2/2024 14:56

I had an intolerance test delivered last week direct from MHC.

Boots shaking out of stock online
Orders. But in stock at my 5 nearest stores to Bristol.

So looks like boots have no online
Stock.

[tia01] 03/2/2024 12:21

hxxps://www.boots.com/health-pharmacy/electrical-health-diagnostics/dna-test-kits/myhealthchecked-intolerances-sensitivities-dnatest-10322824

Intolerance tests out of stock!
Is this a sign they are selling well or bad communication leading to the stock running out!
At least the site advises to check the nearest store for availability hopefully increasing store traffic.
25pk covid tests out since Christmas don’t look good to me but maybe slowdown in seasonal sales is a contributing factor and they are encouraging 5pk sales.
Personally feel some 25pks should be available to ensure the service is there as care homes will require larger orders and go elsewhere.
We were averaging 10-20 per day before they sold out so a lot of revenue lost on a month in my opinion.
Difficult to understand as revenue is required to ensure growth.
Currently more cash in bank than market cap but in the end we are judged on growth which needs capital investment.
The board need to reassure the market and seek new deals or partnerships as Boots can easily bring out there own tests as recently shown.
I do believe something cooking with a Boots deal and the NHS with regards patients being able to buy tests and use Boots instore facilities for testing via the pharmacy.
MHC is putting focus on digital data and HIW compliance demonstrates the intentions but the market requires an update as share price is totally lagging the sector

[tia01] 02/2/2024 07:38

I think the business model is working just fine. 21 new products and some more expensive ones now selling from gaining traction.
I recall 12 months ago many saying we’d be out of cash!. Well if cash is king we certainly have plenty compared to a lot of AIM companies.
I guess we’ve nearly raised as much as we did in the first six months of 2023 in as many weeks in 2024 so mid February hopefully we get an update stating we are ahead of last year.
Hopefully new contracts and Chemist allowed to prescribe some tests Direct on the NHS!

Let’s all be patient and remind ourselves we are in a nice cash position and slowly growing while expanding our digital data.

Our day is near

[supernumerary] 01/2/2024 21:18

Only naughty if mhc haven't agreed exclusivity - otherwise it's like supermarket own brands - perfectly legitimate.

mhc have to find high-value (ie high cost) tests that need to be repeated regularly. Failing that, it's hard to see what business model they have.