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Bullboard - Stock Discussion Forum Microbix Biosystems Inc T.MBX

Alternate Symbol(s):  MBXBF

Microbix Biosystems Inc. develops and commercializes biological and technological solutions for human health and wellbeing. It enables the commercialization of diagnostic assays by making a range of critical ingredients and devices for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs) that support clinical lab proficiency... see more

TSX:MBX - Post Discussion

Microbix Biosystems Inc > Take a breath
View:
Post by RazeKreations on Feb 03, 2021 7:48pm

Take a breath

I know everybody would like to see MBX stock take off, especially the short term and day traders.
It will happen when there are at least 2 consecutive quarters with improvement in bottom line of the business. This first quarter will show the beginnings of the increase in Qap's and Antigens. But don't expect dramatic increase until second quarter which will be posted in May. MBX stock is an extremly good value now for the longer term investor that is looking for very good returns over several months and building up retirement portfolios. A good value now should be in the $1 to $1.50 range after the first quarter report and then increase after the second quarter report when i believe then the portfolio managers will come on board promoting the stock. Robert McWhirter has promoted MBX several times all based on Kinlytic and we all know how that worked out. He will be hesitant to promote again until ther is proof of profitability. And that will be happening these next 2 quarters.
When that happens you will be glad you purchased the stock now while it is an extremly good bargain.
IMHO
Comment by RazeKreations on Feb 03, 2021 8:52pm
In case you are wondering why i valued MBX at $1-$1.50 right now here is an example of a company that has NO income but is stock value is $3.28 and shares out is less than MBX by about 27% at 83.18 million shares. And a net income of Negative 55 million dollars. amazes me how people determine value from nothing MBX is a company with Sales and demand for product TITAN MEDICAL INC https://markets ...more  
Comment by Method on Feb 03, 2021 10:00pm
How big is the TAM for Microbix? If it's a big number, they should put it in the investor presentation. That's how people invest these days. It's cheap on current forecasts so that's why I own it. I'll sell it when the risk reward isn't as good.   
Comment by RazeKreations on Feb 03, 2021 10:28pm
TAM https://en.m.wikipedia.org/wiki/Total_addressable_market
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