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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 > Q2 and beyond.
View:
Post by mercedesman on Apr 25, 2023 2:34pm

Q2 and beyond.

Q2 is in the bag...and likely to be released in a few weeks.

After Q1 results, I'm not holding my breath that Q2 will be significantly better.  That's my gut.

I think we start to see the benefit of QAP deals, etc. in Q3 and Q4...with maybe a spike relating to news on K before release of Q3 results.

General market will likely be under pressure as well for the next 6 -9 months (low tide sinks all boats)

So my plan is to keep some powder dry  and buy after Q2 release, and before any news on K or Q3, assuming weakness.

Forced hold in many respects, but I think the setbacks are temporary, and medium term looks bright (vs short term).

glta

MM
Comment by RazeKreations on Apr 30, 2023 12:48pm
Q2 was released May 12th last year.
Comment by wizzdumb on May 01, 2023 9:28am
Has anyone seen anything on this year's date?  Likely inconsequential regarding share price, but hopefully an improvement on Q1 and some positive guidance in the works. Although they indicated that the quiet times would be coming to an end soon on the last call we've yet to see anything actually materialize. So either they have more excuses or there's a ton of announcements just ...more  
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