Medical Mktg Share Discussion Threads

[jamie62] 07/7/2009 16:47

sleeping giant - any news on Big Phil's investor/shareholder presentation ?

[brando69] 02/7/2009 09:03

amazed to see this hound still trading... i was in this at 150p

an eternity ago.

[bennytheball] 02/7/2009 09:02

yes, must admit, I'm not having too much trouble resisting acting on it myself.

Tempting, but I've been stung so many times and it's impossible to know whether now is the best opportunity ever to get into MMG or if we're about to go under...

[jamie62] 02/7/2009 08:31

BtB - I can see what your saying, but I think that I will be resisting that very tempting thought process....

[jamie62] 02/7/2009 08:20

and also dilute the small private shareholders ... the prelims will shed some light on the position

[sleepinggiant] 02/7/2009 07:41

No chance of a rights issue as that means the bests can subscribe for new shares which means they keep their current % in the company should they take them up. Im sure the board (well whats left of it) will not want this....if anything maybe a placing to major shareholders to dilute the bests holdings further.

[jamie62] 01/7/2009 21:56

not sure i have received my invite to the shareholder presentation

but from their website, i see the prelims are due soon - - sounds like the begging bowl might be being handed around ..is there going to be a rights issue to follow, once investor & shareholder sentiment is known?

[sleepinggiant] 01/7/2009 20:52

Jamie62, Sorry maybe a silly question but interviews with other co's? I hear Phil Cartmell is doing investor/shareholder presentations next week...

[bennytheball] 01/7/2009 18:07

so it is...
I found it through a google alert- didn't realise jamie62 had posted the same thing
b

[banjomick] 01/7/2009 17:06

BtB,

That's just a repeat of the link in post 9959,think the heat must be getting to you! :-)

[jamie62] 01/7/2009 15:48

i hear the cfo is having interviews elsewhere ......

[ningram] 25/6/2009 06:38

In the news today Olaparib, isn't that a bit like MMG technology and those patents MMG took out

[bennytheball] 24/6/2009 15:17

£1 by Christmas.
B

[banjomick] 24/6/2009 00:08

tenapen,

"Its interesting that the more possitive posters on this BB have gone quiet !."

Think that's been the case for quite a while now!

Had a small punt a few months back for old times sake.Not bothered about the paper loss but interested to see what happpens...........

[tenapen] 23/6/2009 18:43

Tuesday, 15 April 2008. Medical Marketing International Group plc ('MMI' or the
'Company') (AIM:MMG) the life sciences company focused on the development of
drugs for cancer and infectious diseases, today announces that David Best and
Margaret Mitchell resigned as Directors of the Company with immediate effect, on
the evening of 14 April 2008
END

On the 18 April ( the closest day i can get on google finance) the share price was 20p and not the 40p you say Topcall.



On the Best i also agree with shamster .... they lied or at best exaggerated the truth (greatly).

On this current management i agree with FailedQs that these people have no chance if the Bests will not deal, which is what it looks like.

Its interesting that the more possitive posters on this BB have gone quiet !.

[jamie62] 23/6/2009 15:31

i think this is doomed. think they have enough cash to get to late summer (Sept at best) and then either tap the shareholders for more, or shut up shop. the current maangement have had plenty of time and have been found wanting.

Lose a CTO but they are still employing a f/t CFO on circa £120k p.a. - i am not sure that this is being any better management. Only a small stake, but very frustrating

[topcall] 23/6/2009 15:01

Hi Failed QS

Whatever your view is on the Bests, and I am not one, the current management have had loads of time to turn this around, which we all wanted to see.

We all bought into the story, Ruthenium etc, several platforms of technology and so did M&G who will have done a lot more homework than us. So there is clearly some value in the technology. What frustrates me is that the current chairman has done nothing. Look at RIO, in a difficult situation the new chairman has organised a rights issue to recapitalise the co within a short few months. If the current chairman was put in by M&G surely he could have gone to them with cap in hand and recapitalise the co. We could have gone forward rather than shedding the chief technical officer and have the backs to the wall.
Everyone seems to support the current regime, why? The Bests sent the shares from roughly 200p to 40p, the current management 40p to 3.5p, thats the simple maths and we all know which is the bigger % fall. I agree with you on the M&G, they must have known whats going on and what have they done?

[failedqs] 23/6/2009 13:01

Topcall - Are you one of the Bests in disguise?

Shamster has it spot on (post 9950). You can plot the rise of the shareprice against the promises of huge progress and a deal being imminent, and the decline is as a result of those promises failing to materialise.

The current management haven't exactly turned the company around, I admit that. But they are not to blame for where we are now.

At the end of the day none of us know what goes on in the boardroom, but the ousting of the Bests must have had the full support of the likes of M&G, who would have been aware of exactly what was going on.

[shamster] 23/6/2009 12:31

You can absolutely blame the Bests for the current share price lows! They still hold around 50% of the shares and have stubbornly refused to negotiate, as you put it, with the current management. The only reason that the share price previously rose to the heights it did is because Best lied through his teeth to shareholders about the closeness of deals which clearly were not even on the table.

[topcall] 23/6/2009 10:57

Hi

In response to the last email I would like to make these points. The previous management took MMI from a low of 4p in 2003 to around stg2. This was on the back of a lot of promise and some decent connections with certain Dr's at various Universities and potential which even the present management agree. Why would M&G take a stake at 58p I assume they do their own research.

There was clearly a boardroom bust up but the present management have added nothing. Why could they have not negotiated with the founders rather than destroy to the detriment of all.

I was a holder under David Best and made money, I have only lost money under the present management that have added nothing, hence the fall from 40p to oblivion, you cannot blame the Bests for that. A lot of you seem to present the current chairman as a saviour, well revert to my previous sentence. They are now getting rid of the chief technical advisor. I agree with you on that Tenepen, this is over the cliff.

[tenapen] 19/6/2009 15:34

I'm beginning to think that the A1 Gasbag will run MMg into the ground and then pick up pieces for penny's from the receiver !. There is no other reason for driving the Company / share price off the cliff which is what is happening.