Myhealthchecked Share Discussion Threads

[spacedust] 14/8/2024 08:36

Buybacks here will be a waste of cash. It doesn't do anything for mhc. Much rather see a small dividend whucb surely will raise the sp

[tia01] 14/8/2024 07:36

Control
Are MHC conducting share buybacks inline with resolution 3/4/5 passed in 2023.

If you were a company with cash in the bank and your share is at an all time low how do you create shareholder value!.

I guess buybacks are a great way to invest in your own company and in MHCs case it’s exceptionally beneficial because they are just using cash earned from interest in the bank if they are enacting a buyback.

We passed a resolution allowing up to 10% to be bought back but my calculations suggest this is last month in which they can continue a buyback under the rules of the resolution.

Any buyback allows the shares to be cancelled which means less shares on the open market and and effectively EPS would rise if less shares in circulation and then MHC can sell them at a later date if share appreciation it realised.

If this theory plays out and positive news flows in the run up to results then these shares could easily move north quickly.

All an opinion but definitely plausible as to why we are seeing large unknown transactions.

[tia01] 13/8/2024 20:35

So we are getting and summer and winter wave.
Experts not sure whether masks are good or bad.
4 years on and it’s not going away.
Time to wake up and accept it’s a revenue spinner for MHC whilst they can focus on growing the business without diluting

[tia01] 13/8/2024 14:31

Control
That’s exactly how I see this also. However I do see MHC delivering some good news in time that will demonstrate cash flow from new products rather than Covid ones. However if both can perform that’s a nice bonus. I do see a slowing in Covid sales the first half however I do hope new products sales will pick up the slack. I do see Covid sales recovery as of June/July onwards and second half will be much better. The key is can MHC announce news of deals with Boots and corporate clients!. This would definitely create a rerate in my opinion. I also expect a strong balance sheet because is definitely aware of the importance of a strong Balance sheet. The only other thing is a takeover situation and MHC is vulnerable given the cash position etc however equally in a strong position to make an acquisition. I do hope Penny unveils plans for growth with Boots and even a sniff of government talks to increase tests available on Pharmacy Firsts list would be huge given GPs intentions to limit appointments. Lots to speculate on but facts will be important in next month.

[control1] 13/8/2024 09:23

It's not what you do, it's who you know. Also, a lot of the shares that fly for no apparent reason are simply being used as cash cows by the usual P&D merchants...These things you learn over time as an investor, the problem is that there is always a new supply of fresh meat for the scalpers to play and separate from their money..MHC is one of the rarer beasts on AIM that has no debt, makes money and has lots of cash which is why I put my money in here, in the hope of a return on my investment at a point in timeTrouble is, the scalpers aren't really interested in this type of co so not a lot happens unless there is big news of some description. Otherwise, this is a bit of a. MM's play thing really ..

[tia01] 13/8/2024 07:04

Why is the share price still near all time lows!.
Can the board turn it round!
Why some large trades unknown the past few days trading.
Companies like GDR with hardly any sales starting to fly but we still struggle even though we are debt free and selling millions of pounds worth of products!
Surely something not quite right

[tia01] 10/8/2024 12:23

People say it’s over!. It’s certainly not over that for sure. After summer we face schools returning and winter months. This is usually the infections honeymoon moment. So summer could be the warm up period

[tia01] 09/8/2024 15:50

The late trades were clearly buys so is this the changing point

[tia01] 09/8/2024 15:45

Well my take is closed period now!.
Strange late share movement!
Hopefully nice set up next week back to 10p!

[billy3] 09/8/2024 15:14

Results last year I recall were 19th Sept.

[tia01] 09/8/2024 14:42

Update shortly!
Can the price rise above 10p soon!

[tia01] 07/8/2024 08:46

My advice is trust in Penny. Penny has done what said from the days of Covid. I’m a person who only invested in MHC because I truly understood the long term picture. I also genuinely researched Penny and believed her CV truly showed she was the best person to deliver us growth. I am equally frustrated with the time frame however MHC has invested in technology and products at the infancy stage to the public. It’s a huge risk however if they pull it off and deals are done we could be truly well undervalued. Penny offer an update soon as we are in closed period. I’m looking for an update on growth plans and demonstrations that MHC is focused on shareholders value without dilution. As I’ve said 100 times companies like GDR,UKOG and HE1 have recently saw shares rocket but people fail to realise they have all been diluted to values leave original investors LTHs with paperless values. MHC have been prudent at the expense of going for revenue growth rather growing with a partnership with Boots. Whilst we haven’t seen the huge benefit of this i trust Penny when she says give it time. A genuine CEO in my opinion who will prove to be worth the patience. We do need deals soon in my opinion and will get them in 2024

[tia01] 06/8/2024 16:13

Control
I agree it don’t look good but results due soon as we’re in closed period

[control1] 06/8/2024 13:10

Everything else recovering, this continues to slide ..

[tia01] 06/8/2024 11:28

hxxps://www.aa.com.tr/en/latest-on-coronavirus-outbreak/who-warns-about-rising-covid-19-cases-globally-amid-alarming-decline-in-vaccine-coverage/3296579

WHO warns COVID is rising globally!
I expect sales to continue to be decent

[tia01] 06/8/2024 06:44

Will the slide continue or will we get a slight bounce.
Who knows but LTHs really feeling the pinch.
Despite our relatively strong financial position the markets don’t care without news of plan for growth of new products

[tia01] 05/8/2024 14:35

£2600 worth of shares sold today and we fall 5%. Really. One little buy from the company with company capital and we rocket!.
Wishful thinking I guess. Surely the markets are pricing this company as a company going bust not a company with cash in the Bank and no debt or dilution.
Very strange which is why you question does the markets criteria of valuation work. Companies that now have billions of share shares and diluted many times worth way more than MHC.
If this continues much longer you would begin to question why MHC would remain listed if the market won’t support them. The markets would argue the Board of Directors need to release news to support its company.
I guess the markets are usually correct

[tia01] 03/8/2024 13:11

So as I stated the HIV tests in Boots whilst still packaged by Newfoundland MHC are the distributors.
My question is why if this has been the arrangement for 3 weeks why hasn’t there been a RNS. Surely if this were Albington Health they would be letting everyone know.

[tia01] 02/8/2024 15:16

Actually the Newfoundland prostrate test is 92% accurate. That’s still a high percentage and one which would gain a lot of interest. I’m sure anyone with a high reading would then be advised to take further thorough tests.

[tia01] 02/8/2024 15:09

New found land supplies the HIV into boots via MHC but they are in there own packaging is my take.
However they also supply 6 other tests that are in MHC branded packaging.
That’s my take.
New found land also do a cancer test which I’m surprised MHC hasn’t brought to its brand. Surely a cancer test would fly in this environment.
Also I’m guessing it would be a reasonable priced test and I also believe it has 99% accuracy.
I wonder why MHC haven’t snapped this test up.
Every one I know is worried about the C word

[tia01] 02/8/2024 12:37

I just contacted Newfoundland to confirm your statement as regards the HIV tests and said MHC were the distributors!.
Is this an old agreement I missed or a new one. The new foundland site shows cancer tests etc so clearly is there news to come.
If it’s a new test why no RNS!

[tia01] 02/8/2024 11:30

Dual
News flow required soon

[dual] 02/8/2024 08:56

Interesting to see MHC distributing the Newfoundland HIV test in Boots.Can see this partnership expanding.

[tia01] 02/8/2024 04:17

Is this month the month things change!

[tia01] 31/7/2024 14:27

Looking forward to news flow soon. I am also hoping Directors can either buy shares to show confidence to longer term holders or at least use Capital from Covid sales to buyback shares to help momentum as no share buying ain’t helping. The company has cash and using a reasonable amount for digital data etc but I’d like to see a return on capital spent. I fully understand the reason behind the spend but without contracts etc and news you have to question the huge financial commitment. I do believe Penny knows that digital data is vital to the success for MHC but we must say we have been gifted year on year sales revenue from COVID.
Most feel it’s time for Boots deals and private corporations deals to prove the large amount spent each year is justified. My opinion is spending £500,000 on a share buyback would be money well spent.
If the board see value in the current share price then surely purchases at these levels is a smart investment and return for shareholders!!!
The board need to start creating shareholder value 100%.
We must remain faithful and believe in Penny however she also needs to respect shareholders have invested money and want to see a return on investment.
Most probably 80% plus down which is why the won’t invest any more with out and RNS