For those that aren’t up to speed on My Health Checked (LON: MHC). Or haven’t got a ‘scooby doo’ as to what they ‘do’, I suggest you click this link;
I did highlight these when they were trading at 2.10p, on ADVFNs Jekyll & Hyde. They kicked on up to just under 5p over the proceeding weeks, settling into a ‘holding pattern’ of 3.25p (at time of writing) as the placing shares came into play. They’re fully funded and are doubling head count in their Manchester Laboratorie/s.
Sources are indicating that a huge, potential company making contract, much bigger than first rumoured, is in the pipeline, the ‘Nuts & Bolts’ (Details) of which should begin to leak out. I ‘suspect’ that MHC have been in negotiations either directly with the UK Department of Health and Social Care (DHSC) or indirectly through an affiliated partner via the UKs ATAMIS Procurement primary tendering portal.
Now here’s the nub. We all hear plenty of ‘Jam Tomorrow’ whispers. Bear this in mind. If, like me, you’re holding, then feel free to sell at any time. If you’re looking to buy in, then don’t. Wait for MHC confirmation of the contract/s win. Remember: A contract isn’t in the bag, until it’s in the bag!
It’s almost certain that MHC has an ATAMIS procurement registration with the Department of Health and Social Care as My Health Checked are a Government approved provider of Test to Release and private COVID tests.
As I understand it news should come within the next 21 days however it could drop at any time on a major Covid 19 contract win. If that comes, regardless of when, then this SP will almost certainly charge towards 10/20p and could go higher, depending on the contract/s value…..
Remember you heard it here first!
Viva!
Dan
Hi Brokerman. I took a holding at 2.67 after Hot Stock Rockets tipped them, like a dick sold at 3.3. Seen them as a bit of a trade.
Kicking mesein now buddy.
Bought back Friday.
Thanks for the update.
I’ll hold for now. 10p would be delicious ha ha.
Thanks Dan.
Always appreciate your input.
It’s a “moon shot” as you say. I’ve spoke to Penny in Dec’. Got the feeling back then that this was one to watch.
It’s on the launch pad now fellah.
CJ
My Health have got their own labs.
YourGene have their own labs.
I’d surmise that the two companies are involved individually & collectively in testing tender contract bids. You don’t have to be a genius to work that out. It’s on the companies websites. It’s also in company rns’s. The giveaway is the word Covid Testing. And the fact they’re gov’ approved & bloody selling the tests already.
They’ve as good as confirmed contract negotiations in the RNS SP damper/ .
01/03/2021 10:00am
UK Regulatory (RNS & others)
TIDMMHC
RNS Number : 6817Q
MyHealthChecked PLC
01 March 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
(“MyHealthChecked” or the “Company”)
Comment on Share Price movement
MyHealthChecked Plc (AIM: MHC), the personalised healthcare company, notes the increase in its share price this morning, and ha s become aware of speculation over the weekend that a significant potential contract is in the pipeline.
As previously notified on 29 December 2020, the Company’s COVID-19 testing service has been added to the UK Government’s approved COVID-19 private testing providers list for General Testing, and the Test to Release for International Travel scheme introduced on 15 December 2020.
Whilst the Company is engaged in commercial discussions with a number of parties for the supply of COVID-19 testing kits, no contracts have been signed to date, nor is there any certainty that any of these discussions will result in commercial agreement.
As required by the AIM Rules for Companies, the Company will make further notifications as required.
MyHealthChecked plc http://www.myhealthchecked.com
P enny McCormick , Chief Executive via Walbrook PR
Officer
Maddy Kennedy, Chief Financial
Officer
SPARK Advisory Partners Limited Tel: +44 (0)20 3368 3550
(NOMAD)
Neil Baldwin
Oberon Capital Ltd (Broker) Tel: +44 (0)203 179 5344
Mike Seabrook mikeseabrook@oberoninvestments.com
Walbrook PR Ltd (Media & Investor Tel: +44 (0)20 7933 8780 or concepta@walbrookpr.com
Relations)
Paul McManus Mob: +44(0)7980 541 893
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit http://www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
SPMJBMLTMTAMMLB
(END) Dow Jones Newswires
March 01, 2021 05:00 ET (10:00 GMT)
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FFS Don’t post the full rns. I’ll leave it in this time. Better 2 post with a link to the info.
Dan
x
I think you probably already know this Danno, ADVFNs HotStock Rockets has confirmed My Health, are indeed in big contract negotiations.They mention you.
Shareprofits bear cast also says their sources are confirming Covid test contracts negotiations.
TW says he’s holding for 10pence+ Got a big holding. He’s also got a big head. Lmao.
Hi, these are very much interlinked with Ygen. MHC are using Ygen’s labs I take it? How come Ygen can’t get a govt contract for their Clarigene test but you reckon MHC can, as it’s the same PCR test I believe?
MHC have tie ups with YGEN, so maybes they’re both bidding. GDR reckon the tender round is going to be announced in 14 days. They’re both UK Gov approved suppliers, bth have their own labs, + can assist each over so it’s not such a stretch that bth have tenders in.
Hi please add me