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Bullboard - Stock Discussion Forum Microbix Biosystems Inc. T.MBX

Alternate Symbol(s):  MBXBF

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... see more

TSX:MBX - Post Discussion

Microbix Biosystems Inc. > I heard nothing to write home to mother about
View:
Post by rjc7 on Jan 04, 2023 4:41pm

I heard nothing to write home to mother about

I think we'll be trading in the low $0.40 for the next six months or so.
Comment by prophetoffactz on Jan 04, 2023 5:03pm
While the first half may be slow based on what the CEO said think about how explosive the growth may be in the second half of the year to get to potentially near $30 million in revenue for the year. Think of the run-rate by the end of the year. Then add a Kinlytic deal expected this year.
Comment by rjc7 on Jan 04, 2023 6:41pm
One of two things must be true. Either the $30 million in revenue is pie in the sky conjecture or they have deals that we just don't know about yet.
Comment by wizzdumb on Jan 04, 2023 7:24pm
This is an absolutely fantastic management team and I don't believe they would make things up. Integrity is key and I believe them when they say they are as surprised as we all are on the QAPs revenue delays which are entirely out of their control. They answered every single question honestly and in real time and I think they were in upbeat mood as to the many many positives ahead listed here ...more  
Comment by tasman99 on Jan 05, 2023 9:44am
i WOUld expect to see a few more buyers than sellers ...if future was that bright
Comment by Mbxwatcher on Jan 05, 2023 10:48am
So, I got an opportunity to watch the entire Webinar last night finally. I think Raze and Wiz, do a good job of summarizing the presentation in both its content and style (mood?)  I would not characterize this as a good news Webinar...i think they said ultimately little has changed its just delayed.  The QAPS portion of the business is the future, and they admitted that the delays were ...more  
Comment by tasman99 on Jan 05, 2023 10:56am
Thankyou, however I have been waiting for 20 years, quite frustrating
Comment by Mbxwatcher on Jan 05, 2023 10:59am
me too
Comment by Mbxwatcher on Jan 05, 2023 11:00am
actually only 14 for me.......I am a newbie
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