Myhealthchecked Share Discussion Threads

[tia01] 15/8/2024 16:49

Spacedust
This would be perfect time for MHC to release good news. Timing is everything.

Also imagine if they can update us with news on Phlebotomy testing. A deal with Boots allowing testing in stores!. A new MPox testing facility.

If news flows and we can break the 200 DMA with good volume and momentum then I feel we can sustain the rise.

That said we’ve fell back a few times on the 200DMA so this time will be interesting to see how it plays out

[spacedust] 15/8/2024 14:20

Damn....northern Africa is very close to Europe and middle east

Cases in Asia now.....please nit again

hxxps://news.sky.com/story/mpox-uk-health-officials-preparing-for-cases-of-new-strain-of-virus-but-say-risk-to-population-is-low-13197391

[spacedust] 15/8/2024 09:32

I don't belive there short positions either.

The reason why I prefer dividends is it'll make holding this a little bearable. Almost 5 yrs holding and received zilch.

[tia01] 14/8/2024 09:25

So if MM need shares then surely it’s reasonable to see the selling price increase to entice sellers however I think most smart ones will hold on to these. The smarter ones probably buying to average down maybe

[tia01] 14/8/2024 09:14

Spacedust
Another theory is the recent unknown share trades could have been a short hoping to borrow shares and sell them if they dropped. If this were the case I’m sure we would know a short position has been opened However I don’t see any supporting evidence of a short position in MHC. In any case considering the average transaction in the large unknown trades was 9p -9.25p I would say any short is scrambling to exit that trade and sitting on huge losses.

The plausible explanation given the resolution in 2023 is a buy back ongoing IMO

[tia01] 14/8/2024 09:07

Spacedust
You are 100% wrong in my opinion.
A dividend just appeases shareholders short term.
A buyback using capital earned off interest would be utilising funds to take shares off the open market and increase earnings per share moving forward.
10% buyback would cost around half a million but remove 5m shares from the open market!
Thus leaving 47m in circulation of which a third is tied up by large long term holders.
This would be hugely positive and positive. Create a demand for very few shares leading to an increase in share price.
Supply and demand.
Also remember they have the shares which then can be put back on the market if shares increase in value which appears to have already happened this morning.
It’s possible with the last two months Covid sales that MHC have over 9m in cash and earnings interest at 4%. Debt free and can buyback shares without using borrowed cash. Amazing situation in my opinion.
Then possible news as alerted to in investor meeting could easily see a huge rerate.

[spacedust] 14/8/2024 08:37

The wait will take decades. We're half a decade in and we've gone down the hills on fantastic news galore.

[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.