Mereo Biopharma Share Discussion Threads

[cosnova] 06/12/2007 10:11

Bashir, are you related to Asim?

[dan de lion] 06/12/2007 10:09

Well, absolute basic`s are:-

(1) Have MPH survived the loss of YSL?

(2) Are things likely to improve rapidly going forward?

If the answer to both is "Yes" then they are grossly undervalued.

IMHO

[ba5hir is back] 06/12/2007 10:08

The latest retailer to warn was Alexon today.

Sell it will get worse before it gets better.

Bad time to open a flagship store after christmas!

LOL

[cosnova] 06/12/2007 10:01

50k purchase someone knows what is going on

[jamesjoel] 05/12/2007 23:24

MM up to his usual arrogant silence

Sent a mail asking why specific news wasn't issued to the market amongst other questions.

Guess what

No answer !!!!!!!!!!!!

[marben100] 05/12/2007 23:16

Hi Momentos,

Re "our". I was advised by another (reputable) company that "our expectations" can generally be assumed to be higher than market expectations (and that this is understood in the City). Assuming this is true, MM adding the "our" to the RNS does not give a get out of jail free card.

Regards,

Mark

[momentos] 05/12/2007 22:53

1894Jim, a simple answer is do your own research. Otherwise the answers can be found interspersed between thousands of other posts on MPH threads here (so that shouldn't take long then).

In Answer

Why #1 Margin squeeze or investment in new brands, take your pick.

Why #2 Erm, a definite DYOR, Google "Michael Morris". He has history (form?).

#3, #4 Don't know yet and yes it is a long term restructure.

Good Luck. The only certain thing is that your investment, if any, will wholly in the hands / destiny of the person named at point #2.

[p0lzeath] 05/12/2007 20:14

1947Jim - don't see it that way. Lost YSL and failed to replace contribution.

Current EPS 1.2p in H1. X2 = 2.5p for full year EPS.

Dire.

[1947jim] 05/12/2007 20:06

As a potential investor ---- think you are all getting too detailed in Finance.
The point is nothing much has changed. MPH lost licence for YSL, which we all knew. Then Bought Greenmark , as a new line , i.e. shoes. I believe Greenmark is doing pretty well................ so the poor performance is in the existing clothing businesses....Why ??
Also dont like the fact that the business has only one executive director, -- all the rest are non exec.....Why ??
Something wrong with the overall strategy ??? --- or is it a long term re-structuring ??
Looking more like MM wants to go Private........ but at what price, and when.

[cosnova] 05/12/2007 19:53

more likey we will hear Asim is going to make an offer which is ageeable to Morris,
didn't he suggest in a recent article that he would consider taking private if the company was undervalued

[eagle eye3] 05/12/2007 19:41

he did not lend them funds, he bought stock, another deal in the pipeline ?. I just do not belive he invested that much without some inside information. He would get more updates than the market place, probably weekly on sales and expansion plans.

[dan de lion] 05/12/2007 17:07

It would be cheaper for MPH to borrow money to buy in it`s shares than to pay the divi.

[momentos] 05/12/2007 16:51

They (MPH / EU) have to a degree intertwined destinies. So perhaps its a bit of "in for a penny in for a pound" ....

Anyway he bought Ungaro cos his Missus likes the clothes, perhaps he felt it was about time he got a little something for himself.

[eagle eye3] 05/12/2007 16:48

anyway if mph were in trouble would he put in 400,000 pounds

[momentos] 05/12/2007 16:42

Asim Abdullah. Those figures are for the French co (S.A.S). Man in charge Mounir Moufarrige. New designer Steven Cort age 12 3/4, he is bringing his own crayons.





(Actually its Esteban Cortazar age 23)

[momentos] 05/12/2007 16:22

Marchpole aren't in the (main) FTSE they are on the LSE. As far as Yield goes, I expect they are beaten by quite a few bombed out REITs at the moment. Doesn't make either of them necessarily a good investment!

BTW the financial Data I can find on Emanuel Ungaro SAS is not that impressive, although I dont know whether this represents France only, Europe, or Worldwide.

Financials in: EUR(mil)

Revenue: 12.3
Assets: 13.2
Current Assets: 4.8
Fixed Assets: 7.1
Total Liabilities: 10.9
Net Worth: -0.4

Date of Financial Data: 31-Dec-2006

[deanroberthunt] 05/12/2007 15:59

probably bought for the divi....best in FTSE you know.

[eagle eye3] 05/12/2007 15:41

Ungaro who I guess works closely with Marchpole bought 800,000 shares. I cannot belive they would do that at this time if they did not know more than most people, expect some good news

[taffee] 05/12/2007 15:03

its almost impossible to short these small caps and anyways there hasn't been the volume.......personally think all you can do is hold on..fairly clear there will be no huge bounce on this.

Surely a target at this level...or management buy-out.

[momentos] 05/12/2007 14:57

Hmm conspiracy theories... and its not even Friday afternoon yet.

If thats true, that must have been one hell of a countering short (to 12%) by Barclays!

[deanroberthunt] 05/12/2007 14:39

momentos....they're part of the "institutional circle of buddies", probably been given the nod at 193p and shorted twice the amount of their long positions on the way down....long buys just a cover.

[momentos] 05/12/2007 14:30

I am sure Barclays (12%) and Rathbones (7%) had a word or two to say on the subject. And they have far more clout than you and me.