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Bullboard - Stock Discussion Forum
Microbix Biosystems Inc.
T.MBX
Alternate Symbol(s):
MBXBF
Healthcare
Biotechnology
Microbix develops proprietary biological technology solutions for human health and well-being, with about 90 skilled employees and sales growing from a base of over $1 million per month. It makes a wide range of critical biological materials for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) that support clinical lab...
proficiency testing, assay development and validation, or clinical lab workflows.
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Bullboard (TSX:MBX)
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(105)
•••
wizzdumb
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Comment by
wizzdumb
on Mar 20, 2023 11:42am
RE:RE:New Press Release - Governments of Ontario and Canada Invest in Microbix
You aren't taking into account the major impact that automation in machinery, systems, and processes are going to have. This has been the focus of the majority of the work that has beeen going on
...more
(105)
•••
wizzdumb
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Comment by
wizzdumb
on Mar 20, 2023 10:18am
RE:Nuttin' wrong...
Didn't see additional capacity announcement in the cards at this point to tell the truth, and partially funded by the government to boot. Their outlook to be able to justify this must be insane as
...more
(833)
•••
mercedesman
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Post by
mercedesman
on Mar 20, 2023 9:40am
Nuttin' wrong...
...with free money to support future capacity and growth. Better than funding it out of cash flow from existing operations. Validation and derisking ! Have to be patient as we work through a coming
...more
(2115)
•••
lscfa
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Comment by
lscfa
on Mar 20, 2023 9:18am
RE:New Press Release - Governments of Ontario and Canada Invest in Microbix
100 employees = $24 million per year so "dozens" more (say 30) = additional $7.2 million per year. $7.2 mil rev => $3.6 mil to gross profit => $0.02 to eps.
...more
(67)
•••
rjc7
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Post by
rjc7
on Mar 20, 2023 8:00am
I repeat….
Those that sold.....May really regret it. Might have made a big mistake. AND I'm sure they sold off at a loss
(0)
•••
PressRelease
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Post by
PressRelease
on Mar 20, 2023 7:00am
New Press Release - Governments of Ontario and Canada Invest in Microbix
$ 1.68 Million in Funding for Capabilities and Capacity Expansions MISSISSAUGA, Ontario, March 20, 2023 (GLOBE NEWSWIRE) -- Microbix Biosystems Inc. (TSX: MBX, OTCQX: MBXBF, Microbix®), a life sciences innovator, manufacturer, and exporter, announces that it is undertaking further expansions to...
read article.
(75)
•••
Mbxwatcher
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Comment by
Mbxwatcher
on Mar 17, 2023 10:47am
RE:RE:you are welcome
core position hasnt changed,,,,,,,just investing in something else i think will move shortly :) Hopefully can buy them back only more, but if MBX moves in the meantime then thats ok too. I really
...more
(105)
•••
wizzdumb
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Post by
wizzdumb
on Mar 16, 2023 11:49pm
Antimicrobial resistance
MBX is well positioned and I've noticed it's starting to get a lot more press, hopefully they will start talking it up more often. https://www.foxnews.com/health/silent-pandemic-warning
...more
(27)
•••
Method
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Comment by
Method
on Mar 16, 2023 6:40pm
RE:RE:you are welcome
I like that the CEO moved a decent amount of his position into his RRSP and TFSA. I assume it's because it has a lot of upside.
(105)
•••
wizzdumb
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Comment by
wizzdumb
on Mar 16, 2023 6:38pm
RE:you are welcome
Thanks! Seriously though it does seem like we have have had a change in sentiment. I mean they did say that the quiet times would be coming to an end, and that third quarter, which starts soon, was
...more
(75)
•••
Mbxwatcher
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Post by
Mbxwatcher
on Mar 16, 2023 1:52pm
you are welcome
I am personally responsible for the small increase in stock price. I sold a small amount yesterday and today, to pay for something else. I should sell a few more, then the price should skyrocket.
...more
(75)
•••
Mbxwatcher
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Comment by
Mbxwatcher
on Mar 15, 2023 11:24am
RE:The tides might be changing. Finally more demand than supply
and Haywood bought there 11,500 shares for the day.........
(67)
•••
rjc7
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Post by
rjc7
on Mar 15, 2023 11:19am
The tides might be changing. Finally more demand than supply
As I type this at 11:19 am the first 5 BIDS are for 105,000 shares. The ASK for the first 5 orders are for 21,500.
(67)
•••
rjc7
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Comment by
rjc7
on Mar 14, 2023 6:46pm
RE:Haywood securities.
I may be mistaken but I think I remember management saying that the buyback would be more than the options granted. So that's a benefit for the shareholders. I'm not sure of the exact
...more
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