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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. > Typical results
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Post by RazeKreations on Feb 06, 2023 2:54pm

Typical results

86000 shares traded today so far.  What a joke.  It is going to be a long wait for any substantial movement for this stock.  first quarter was a dud and second will be no better as per Cameron's comment about expecting some poor results first half of year. That brings us up to this fall before any good quarterly results are posted.  One can only hope something turns around like a major contract, but past results are making it hard to still be a believer. Still hanging on but my fingers are getting tired
Comment by Mbxwatcher on Feb 06, 2023 3:08pm
Hang in there Raze.........your updates helped keep me going so here is a shot at helping out. You know this stock as well as anyone.  They have built the foundation, and I while I 100% agree with your timelines, I do think there are some strong potential catalysts along the way. Kinlytic. QAPS deals that actually get fulfilled. Maybe even a non-Ontario VTM deal (although this one is for ...more  
Comment by rjc7 on Feb 06, 2023 7:12pm
Wholeheartedly agree. The right catalyst has yet to be announced.  We must be close though.  Hang tight. I know how tough that is to do for many of us.  
Comment by tasman99 on Feb 06, 2023 8:17pm
SEEMS,  we r always waiting for a positive announcent....imo mbx will go below..30 this month/week with no positive announcement this week.
Comment by wizzdumb on Feb 06, 2023 8:22pm
If I were to, which I'm not, the day after I sold it they would announce a monster Kinlytic deal and three record QAPs agreements. Not happening for me, but I also don't complain about it constantly. Patience will pay off in my opinion. If you disagree, sell, but make sure you do it for a reason other than timing. Fundamentals are stronger than ever. 
Comment by prophetoffactz on Feb 07, 2023 10:22am
Given the slow first half that is expected for Groome to even mention $30 million in annual revenue as he did suggests how explosive the second half could be. Think of the potential year-end run-rate. Given that we are already over 1 month into Q2 and the need for planning and orders to be placed in advance of a potentially explosive second half there should be significant visibility going into ...more  
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