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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 > Q1 2021 Results
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Comment by Scanner454 on Feb 11, 2021 8:28am
why are they receiving ontario wage subsidies when the books say they are in the green?
Comment by jdunlop on Feb 11, 2021 8:46am
Most small businesses received the wage subsidies, we are a democratic country and we should treat everyone equally.
Comment by tasman99 on Feb 11, 2021 10:54am
i AM A BIT SURPRISED AT THE SELLING today .61
Comment by ssdasmm on Feb 11, 2021 12:10pm
Um, Um, Um , Um, Um.............. I know why we are down,  Overall QAPs sales for Q1 increased nearly 3,600% from the same period in fiscal 2020. The market expected 3,601 % Sorry I would like to expand on this but i am on the phone with dealership and they want to know what color combination i want on my new  GT500.   imo
Comment by ssdasmm on Feb 11, 2021 12:41pm
Sorry typo...... Should have been 3,602 %
Comment by buddyboybruce on Feb 11, 2021 2:24pm
Maybe 3,600% is too large to take seriosly, like when someone says I have a gazillion dollars. 
Comment by buddyboybruce on Feb 11, 2021 2:29pm
Maybe market would have taken seriously if expressed in dollar terms instead of percentage. Anyway, Microbix Biosystems Inc. T.MBX is not the same company it was for the last 20 year as dynamics are changing extremely fast for the better.  Tomorrow's conf call should be helpful to the MBX share price -  I call for a 72 cent close tomorrow. 
Comment by lscfa on Feb 11, 2021 2:56pm
3600% on a small base is still a small no.    Investors may not like the excessive pump.     $962,421, an increase of 3,585% from Q1 2020 sales of $26,114  
Comment by ssdasmm on Feb 11, 2021 3:28pm
Good point, on earlier posts, I was always more focused on a record Q1, then a record Q2 and so on. based on cameron's guidance, That is where I will stay, looking forward to tomorrows call.   Q1 revenue was $3,157,659, a 54% increase from Q1 2020 Q2?
Comment by mercedesman on Feb 11, 2021 3:51pm
Let's guess Another $ 1M growth on QAPs and $ 3M on VTM  (50k X 5, x 12 wks)  Therefore estimated Q2 Rev. $ 3M + $ 4M = $ 7M  (vs 2.9M for Q2 2020.   A 141% increase.) If QAPs is a bit high, VTM could be a bit low (e.g run rate 100k/wk by end of March) So my guess (barring hitches) is that Q2 revenue will be >$7M and 150% higher than Q2 2020.
Comment by wizzdumb on Feb 11, 2021 4:53pm
I'll go with 5.5 to 6M as quite achievable. Baseline as follows  QAPS - 1.5M VTM - 2M Antigen - 2M of course would love to be surprised to the upside.   
Comment by lscfa on Feb 11, 2021 11:27am
March qtr revenues will be double last year's no.   
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