Mereo Biopharma Share Discussion Threads

[pingi] 01/2/2008 16:21

Single digit share price on the way?

[andyh78] 01/2/2008 16:18

Ouch, been a while since I followed this, I remember why now.

I hope WBJ got out at a reasonable price?

[momentos] 01/2/2008 16:12

TBH if I was a holder I would continue to hold now, I dont think it can get much worse.

There are a couple of positives on the horizon. The free Boateng ride and the JCC perfume revenues. Other new license (ie straight to bottom line) deals should help.

But if the company cannot re-establish its UK margins and sort out (close?) the US operation then these wont be sufficient to save it.

Greenmark seems OK. Funny,I thought footwear was always considered a weathervane type of goods. Historically the first people on the high street to to suffer in a recession are often the shoe shops. When they start to squeal you know the bad times are coming. Unless we are being spun to in this particular area too.

[pugg1ey] 01/2/2008 16:02

at least you got 80 mins to decide what to do next if you are a shareholder!

unlike some other companies who release profit warnings on a Friday afternoon.

[momentos] 01/2/2008 16:01

Interims 19 Nov 2007:

Outlook

While we expect to achieve a much stronger performance in the second half, we expect that the results for the year as a whole will be slightly lower than anticipated.

Yes very funny.

It is the Board's intention to maintain the total dividend distribution at 3.75 pence per share for the year to 31 March 2008.

Er, no you won't.

[jamesjoel] 01/2/2008 15:50

Reckon MM will take it private with a paltry bid.
Anyone gonna contact FSA regards no profit warning for last year.

[dontyo] 01/2/2008 15:39

Got bust written all over it this.

[jamesjoel] 01/2/2008 15:35

Thats why they never reply!

[pbracken] 01/2/2008 15:20

You couldn't make it up. The RNS effectively reads: 'Everything is fine and dandy guys, except, err - we're going to make a loss, when you guys were expecting £4m.'

I follow this stock just to witness the scale of the directors' disregard for its investors.

[qackers] 01/2/2008 15:18

bet Barclays are pleased

[dramatis] 01/2/2008 15:12

dear oh dear.
should have kept me divi :)

[tonyx] 01/2/2008 15:09

Oh oh...RNS out..."loss" in there somewhere...

[cyberpost] 01/2/2008 15:09

looks like they've warned :

Interim Management Statement




RNS Number:1280N
Marchpole Holdings PLC
01 February 2008


MARCHPOLE HOLDINGS PLC
("Marchpole", "the Company" or "the Group")


Interim Management Statement

Marchpole Holdings plc (LSE: MPH), the fashion brand management group, has today
published its Interim Management Statement as required by the revised Listing
Authority disclosure rules. The statement relates to the first 18 weeks of the
second half of the 2007 financial year, representing the period 1 October 2007
to 31 January 2008


Our relationship with the House of Ungaro continues to develop and we have made
further progress in establishing the Emanuel Ungaro and Ungaro Homme diffusion
labels as a worldwide menswear brand. We have restructured Moda America, our
subsidiary in the USA, which will result in significant cost savings and a
reduction in the losses and stabilised current trading.


The Jean Charles de Castelbajac ("JCC") brand has made further progress during
the period, and in particular, the royalty income is increasing as a result of
the new licensing agreements that have been initiated during the last twelve
months. In addition, we have signed the leasehold on the first UK flagship store
for the brand, which will be at 50-51 Conduit Street in the fashion heart of
London. We anticipate that this store will be opened by the end of spring 2008.


With regard to the Ozwald Boateng range, we have settled our dispute with
Bespoke Couture and under the terms of the settlement we have extended our
manufacturing and distribution license with Ozwald Boateng. As a result of the
settlement, we shall not incur any royalty payments to Bespoke Couture over the
next three years, which will result in savings of over £1 million. Sales and
orders for the brand continue to grow.


Greenmark Ltd, our footwear subsidiary, trades profitably and in line with
expectations.


Homebody Ltd continued its development and the brand is developing its website
sales and in overseas markets.


Despite the progress we have made in all areas of our business, the difficult
trading conditions in the UK and the USA have had an adverse impact on our sales
and profit performance during this period. Therefore, the outturn for the year
to 31 March 2008 will result in a loss. The measures taken during the current
period will put the Company in a good position to increase its customer base and
to take advantage of future profitable trading opportunities. We continue to
focus on seeking licensing agreements for the further expansion of our business.

[dumbarton2] 01/2/2008 15:02

Note the following...

"
- failure to notify the market, without delay, of material
developments, particularly in respect of SubSea's revenue forecasts; and"

[dumbarton2] 01/2/2008 15:01

The following text is extracted from the Censure: On subsea...

"SANCTION"


In determining the appropriate sanction against SubSea in respect of the above
breaches of the AIM Rules during the period from September 2005 to October 2006,
the following matters have been taken into account:



The breaches set out in this public censure were serious in nature, including
(but not limited to):

- notification of misleading information to the market;

- failure to notify the market, without delay, of material
developments, particularly in respect of SubSea's revenue forecasts; and

- failure to seek and/or take into account advice from its nominated
adviser regarding the application of the AIM Rules.



- SubSea's share price decreased by 24% following the announcement of
changes in its future work programme and revised revenue forecasts on 16 October
2006. There was a further decrease of 17% following the Company's announcement
on 1 November 2006 that the S&L agreement would not complete and giving a
progress report on Project Celia.



- On announcing that it was unlikely to secure a ship for interest
contract for the 2007 season and that the previously located wreck Ella had not
definitively been proven to be the Ella on 12 February 2007, SubSea's share
price decreased by 46%. It dropped by a further 10% when it was announced that
this wreck was not Ella on 9 October 2007.



- The number, nature and duration of the breaches evidence a disregard
for the AIM Rules by SubSea, amounting to reckless conduct.

[dumbarton2] 01/2/2008 14:58

Possible complaint to the london Stock exchange:-

Holders previos and present who have lost money in MPH stock need to consider making a complaint to the london stock in relation to the results announced recently.

Marchpole failed to advise the stock exchange when revenue was to be reported substantialy below the brokers forecasts. Subsea today was censored over similar actionms and here is the link..



Its possible if Marchpole have breached Aim rules investors in MPH stock could sue the directors of the company in relation to any losses they have incurred.

[dramatis] 01/2/2008 12:20

i bought another 697 shares with my divi money. who knows, a good "blue" spell on the market may treble the value, or more :)

wishful thinking............

[dan de lion] 01/2/2008 10:29

Mail hasn`t arrived yet.

Edit:- arrived with cheque.

[taffee] 01/2/2008 10:05

received my dividend this mornings thanks very much

[taffee] 31/1/2008 07:49

vyke pinnes down to 50p from 200p by market makers....now 90p.50% rise in a few days on NO news!

[qackers] 30/1/2008 00:12

Actually I have noticed several small caps having large mark downs before sharply rising on good news. Kalahari mining being the latest one to spring to mind. Time will tell if it happens with this company.

[topvest] 29/1/2008 21:54

Share price movements indicate that good news is not on the way yet imho!

[deanroberthunt] 29/1/2008 18:56

or Citigroup?