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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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(1121)
•••
RazeKreations
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Post by
RazeKreations
on Feb 09, 2023 1:13pm
wishfull thinking
Someday maybe just doesn't work for me anymore. Too many years of promises and it never comes to fruition. Its ok if you still have many years before time's up but for me i am running out of
...more
(67)
•••
rjc7
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Post by
rjc7
on Feb 09, 2023 12:40pm
The funniest thing is
When MBX comes out with a meaningful press release (and I'm convinced they will at some point one day) with a solid contract for CAPs, or Kinlytic, or a myriad of other possible deals, there will
...more
(67)
•••
rjc7
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Comment by
rjc7
on Feb 09, 2023 12:07pm
RE:RE:RE:RE:The stars were aligned
The heavy money for MBX will be based on its CAPs sales........not VTM, along with whatever agreement they sign with a KINLYTIC partner.
(10)
•••
ssdasmm
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Post by
ssdasmm
on Feb 09, 2023 11:44am
Time for Cameron to go!
Period.
(2115)
•••
lscfa
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Post by
lscfa
on Feb 09, 2023 11:34am
Stats
Qtr ending Revenue Net income cfo Adj ebitda Gross margin
...more
(2115)
•••
lscfa
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Comment by
lscfa
on Feb 09, 2023 11:25am
RE:New Press Release - Microbix Reports Results for Q1 Fiscal 2023 Sales of $2.5 million, Net Loss of $1.3 million
Q4 was a loss too so co. is wrong to say Q1 is first loss in years.
(105)
•••
wizzdumb
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Comment by
wizzdumb
on Feb 09, 2023 10:12am
RE:RE:Create Shareholder Value
This is almost entirely an order timing issue. Strategy in place and solid. Fundamentals are stronger than ever. This would be absolute worst time to sell the company and is an opportunity to buy at
...more
(4)
•••
tasman99
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Comment by
tasman99
on Feb 09, 2023 9:59am
RE:The stars were aligned
HMMM...there may soon be a chance to buy more (if so inclined) in the 20s
(833)
•••
mercedesman
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Comment by
mercedesman
on Feb 09, 2023 9:59am
RE:RE:RE:The stars were aligned
Am I missing something? PCR testing has been on steady decline since 2020/21. Publicly funded PCR testing (what used to be the gold std) is no longer freely available (except for certain groups eg.
...more
(75)
•••
Mbxwatcher
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Comment by
Mbxwatcher
on Feb 09, 2023 9:43am
RE:Create Shareholder Value
Ironically, when we were on our way up, that was a consistent theme in the management discussions. There was concern that we would attract a 'hostile' takeover bid, and sell for less than what
...more
(3)
•••
blacktieaffair
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Post by
blacktieaffair
on Feb 09, 2023 9:41am
Create Shareholder Value
Time to sell the company
(67)
•••
rjc7
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Comment by
rjc7
on Feb 09, 2023 8:53am
RE:RE:The stars were aligned
I'm not sure rapid testing has anything effect on MBX products. PCR testing is where their controls come into play and from what I understand, PCR/Swab testing is where the protocols are
...more
(833)
•••
mercedesman
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Comment by
mercedesman
on Feb 09, 2023 8:21am
RE:The stars were aligned
A brutal Qtr for sure! $50M ( let alone $100M) in annualized sales , seems a long way off from here. Other markets ( besides ON) need to be opened up, in particular for VTM. Has rapid
...more
(67)
•••
rjc7
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Post by
rjc7
on Feb 09, 2023 7:56am
The stars were aligned
Every company can expect a bad Q now and then. This was our turn. Now's your chance to buy more and average down.
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