Microbix Biosystems Inc T.MBX

Article

[Launch64]

https://ca.finance.yahoo.com/news/broker-just-slashed-microbix-biosystems-092409889.html

[RazeKreations]

She did her analysis before the second order of VTM came in. I am sure that if it had been after her analysis would have been maintained or even slightly upgraded.

[rjc7]

if that's the case she should correct it

[RazeKreations]

Notably, the reduced projections were on account of Ontario not having completed a reorder, which has since happened, though Stellick expects Ontario to be a significant contributor to revenue and gross profit in 2022, as demand for local supply of COVID-19 testing components is stronger than ever given ongoing supply chain issues. Overall, Stellick believes Microbix is executing on its growth

[Mbxwatcher]

In my opinion this is a half-assed article. She maintained her buy rating, and the $1.70 target. Why would she do that if everything is so seriously downgraded. Is it because these projections were always in flux, and as a result she initially used an extremely low multiple? Ultimately MBX is an evolving story.   In my opinion its a fantastic story, that includes VTM which is not yet

[RazeKreations]

Mbxwatcher Totally agree with your statement.

[wizzdumb]

Yes, both articles were complete fluff and were either written by a bot or someone with no understanding of the company.  Does anyone have a link to the actual report or does she only release to IA subscribers?  Will be interesting to see KRC and/or ESpace updates. 

[RazeKreations]

Here is a link to the report from IA Capital I do not see her actual report anywhere. . https://www.cantechletter.com/2021/12/microbix-biosystems-should-continue-to-do-well-in-2022-says-ia-capital/

[wizzdumb]

Yeah that's just highlight of it, looks like you need to be a client to see the actual report. Thanks though. 

[Launch64]

https://apple.news/Azo6hbGy3RxqGnlHxzj9MEg