Mereo Biopharma Share Discussion Threads

[dan de lion] 03/12/2007 17:23

Vixen:-

By the way the 30 million Euro T/O was for 2003.

[eagle eye3] 03/12/2007 16:01

newspaper today, bond street full of russians and chinese, good move to go east.

[ba5hir is back] 03/12/2007 14:20

Dead cat bounce.

[vixen] 03/12/2007 11:57

Cheers dan everything helps. £100K would do for now.

All buy's on plus market this morning I see.

[dan de lion] 03/12/2007 11:35

"A unique perfume for women, le Doudou, was launched in 2001 and is currently
sold in 52 countries with an annual Euro 30 million turnover. A men's fragrance
is to be launched in the near future. From 2008, the perfume business will
generate a royalty income for JCC S.A. of 4% on sales upto Euro 50 million per
annum and 3% on sales above Euro 50 million per annum.""

[vixen] 03/12/2007 10:09

how much was that for dan?

[dan de lion] 03/12/2007 09:34

At a guess the payment that MM was expecting in this financial year that has been delayed into next is the first instalment from the perfume franchise.

Ungaro have appointed a new womanswear designer.

[taffee] 03/12/2007 07:40

rubbish....companies often issue rns to keep the market informed about what progress they are making whether material or not

[p0lzeath] 03/12/2007 07:21

No problem, but RNSs are meant to satisfy the materiality rule.

[taffee] 03/12/2007 07:20

quite how you can construe this as bad news is beyond me...its a positive piece of pr imo....whats your problem?

[p0lzeath] 03/12/2007 07:18

Bit desperate. If that RNS complies with the materiality AIM rule, then trading really is desperate?

Still, better to have a go at positivity than not - best marketing spend possible is a couple of hundred quid on a bit of puff.

[argy2] 02/12/2007 17:29

Not too much..judt about the opening of store in West End in March.

[vixen] 02/12/2007 16:10

saying anything useful Argy?

[argy2] 02/12/2007 15:15

Piece in today's Mail re MPH.

[taffee] 02/12/2007 09:23

I would point out that there is a difference between being guaranteed your money and actually getting it...and the timescale for that....who knows it could take years....ask farmers who were granted compensation for foot and mouth....many were bankrupted and committed suicide after years of no money.

As for marchpole I guess its just ba 'hold on for dear life'.If you hadn't seen the previous set of results you would have ben impressed with the growth and outlook

[remynapoleon] 01/12/2007 16:14

Jimblebee

Thanks, it's good to know I am not alone with my positive view.


marben100

My understanding is that Ungaro is the long term replacement for YSL and Greenmark is an acquisition in addition to any replacement. Shoes are a new line for MPH.

Remember we own Greenmark and hold the licence for Ungaro.


OoO

My understanding of Northern Rock is that as a privately owned bank any deposits were not initally guaranteed by HMG. That priviledge is for Building Societies and mutual Insurance deposits alone. ( I may be wrong and other funds fall into the catagory as well )

I was referring to the promise by HMG, later in the fiasco, to guarantee to make funds available to depositors. As you know, the general public took no solice from this and continued to withdraw funds like crazy, hence my herd instinct analogy.

I do not agree that having money on deposit with NRK is a risk but I do agree the rates are probably better elsewhere. Notwithstanding the loss of interest depositors may accept due to closing long term accounts without full notice.


remynapoleon

[ba5hir is back] 01/12/2007 10:06

The have misled investors imo I suggest inmvestors that have lost money write to the FSA.

In the meantime I would not trust them neither where the co is going.

[marben100] 01/12/2007 00:22

Remy,

The trouble is investors were assured that the Greenmark acquisition would replace lost YSL earnings and that all was on-track to meet Hardman forecasts for the year, just a couple of months ago. If all is on track, why has the house broker halved their full-year profit forecast, following these interims?

The interims state that results will be "slightly" below forecast... but now MM is talking about sales slipping into the next financial year.

And all of this has happened after the management paid themselves huge bonuses last year.

How can one have confidence in this management team under those circumstances? If, as KBC appear to the be indicating, they won't come close to meeting the target, then either they have little idea of the financial outcome each year (and should have been more candid about this) or they have deliberately misled investors. I still hold a few (about 25% of my original holding by number of shares), in the hope that finals will not be as bad as I fear and/or that there is some recovery next year.

Regards,

Mark

[dan de lion] 30/11/2007 19:44

Basic maths required here:-


In millions

inventories.....5.45
debtors........23.5
cash............1.2
total..........30.15

creditors.......6.3
bank loans.....15.7
tax.............3.3
total..........25.3

So balance in MPH`s favour = 5.0

And it is only the half year.

The profit warning = "slightly below estimates"

That should still put them on a greater EPS than last year.

[ba5hir is back] 30/11/2007 14:07

This company cant be trusted they failed to inform the market when the co was going to miss forecasts.

With borrowings high and profits down it does not bode well for the future.

[0o0] 30/11/2007 12:36

That's not true about the Northern rock. Initially only the first £33,000 ish was safe, it was only when the run on the bank looked like sending it under that the Government Guaranteed the whole amount on deposit (with our money)

Even so, no one knows how long it would take the government to pay out and if they would pay interest acrued during the wait. Thus having money on deposit at NRK is still a risk, plus the interest rates are not competetive.

[jimblebee] 30/11/2007 12:27

Here here to you remynapoleon! Every word you just said hit the nail on the head.

I was beginning to think this was a kids playground! I still hold and so do numerous shareholders I know. I will continue to do so and I believe as you do, that every cloud has a silver lining.

Well said remynapoleon.

Jimblebee

[0o0] 30/11/2007 11:14

This thread now seems more apt than the "A Global Future: The Time is Now" thread.

[ba5hir is back] 30/11/2007 10:25

dandelion move on...