Mereo Biopharma Share Discussion Threads

[cosnova] 14/3/2008 11:05

re share mag comment
the share price was going to bomb on that news,
however interesting that mm is attemping some PR over it

[master rsi] 14/3/2008 11:00

There is more than just like that........but when one is in a negative mood, one will find any excuse to find two tails on a CAT.

re - So there was a real necessity to release at 15:07 on a Friday afternoon

Michael Morris has explained that "our original intention had been to issue the statement no later than Wednesday morning", plus the released time and date is arranged by LSE not MPH, I am aware in the past that some companies had to wait up to 2 days for news to be released.

It takes two to TANGO, but NO very good parners in this thread

[momentos] 14/3/2008 09:23

So there was a real necessity to release at 15:07 on a Friday afternoon, with 1hr 23 minutes of the week's trading left.

I am sure the news was about to leak all over the place (not) !! Should have held to Monday AM and I think Shares Mag have made a fair comment.

[wynmck] 13/3/2008 18:59

Had to smile at this in the Letters Page todays Shares mag:

"Regarding your article that followed our recently issued Interim Management Statement,I am extremely disappointed that you sem to believe I would hide behind a late Fridy afternoon to issue our statement.
Unfortunately the timing was dictated by various partiies agreeing on the wording of the statement.It was frustrating for us all that it was a late Friday,our original intention had been to issue the statement no later than Wednesday morning.
I find it most unacceptable that you reported that Marchpole would attempt to bury some form of negative news regarding the Company's trading."
Michael Morris.
Executive Deputy Chairman
Marchpole.

[master rsi] 11/3/2008 23:50

I made a comparable CHART of movement of some retailers one of them MPH to the "General Retailers INDEX " ( UB52 ).

On the 1 Year and 6 month charts, MPH was the worse performer by a mile
But yet again on the 1 Month chart, MPH has been the best performe by a long mile.

6 month

1 month

[momentos] 11/3/2008 20:44

At the moment the economists/ central bankers are trying to do something they have (allegedly) never tried to do before to such an extent: seed the finance etc markets to stave off a recession.

USD 400billion pumped into world capital markets to help the world economy recently by central banks. I understand the logic: they can afford to do this then collect the returns at nil cost higher up in the economic cycle. But will it work?

They will either get it right, or the cures will be short term and in the end the hangover and resultant market repercussions will be even worse.

Unfortunately I feel it will be the latter. But they have got smarter, no one will do a Soros on the BOE again, and they are able to out-muscle short term market sentiment on most instances.

[momentos] 11/3/2008 20:39

In view of the calm that has descended here recently, I have read your post...

I am pleased to see you putting the other side of the argument.

[master rsi] 11/3/2008 20:33

TIME TO BUY RETAILERS?

The retail market is in a bad shape as is the share prices of most of them, the reason..... the problable recession back at the US that eventualyy will catch up over Great Britain.

But on other occasions, once INTEREST RATES are lowered, it takes 6 month to get the economy back on its track.

Well the recession is not well established yet, but there are signs back on the US of going on over there, but what I am trying to say is most likely is going to be a very mild one, as the FED lowered interest rates last month and due to do it again next week by a big amount, then we are only 5 month away from the return of growth again.

Thinking that the Market is 6 month in front of the good news, maybe last month BUY of MPH was a good timing to do so, and for that reason also time for the rest of the retailers.

Time will tell

[master rsi] 10/3/2008 23:48

doowlE

re - The whole market is wrong

Maybe the market is wrong, or the Market Makers wih their mark down

Here is today started the day already marked lower on the offer as not much trades on last Friday, (so lets encourage buyers with a lower offer MMs thinking) then 4K buy at LSE and 2.5K sale at Plus Market, resulted on 0.50p down on the day.

The figures do not add up today and on the marked down last month, that is because I bought at the bottom 12.95p

[doowle] 10/3/2008 19:22

That's code for:

"We look forward to issuing some more shares for ourselves and although we have a pretty bad consumer downturn, we think we can still solidly grow despite rising inflation and indebted consumers. The whole market is wrong"

[dan de lion] 10/3/2008 17:31

From the RNS:-

"Collectively, we look forward to the next stage of the Company's development and the Board is committed to delivering solid growth and better shareholder value over the medium to long term".

[wbjunior] 10/3/2008 13:57

fdh enough to make you laugh but it hurts to much, best of luck and keep well..........regards...........wbj

[fardistanthills] 10/3/2008 13:53

Cheers wbj. And he cant't even say 'Fingers crossed third time lucky'
- still around, under water and its blowin a gale - FDH

[wbjunior] 10/3/2008 13:26

John Arnold Macaulay (dob: 23.02.1957)

(1) Directorships (of publically quoted companies within the last five years)

CEC plc - resigned 17.08.2007


(3) Receiverships. liquidations, administrations

Company Nature of Shares Company Date Date Date of Event
Business Listed Number appointed resigned

CEC plc and its Nursery/ 04293530 01.04.2006 17.08.2007 Administration
subsidiaries Education 17.08.2007
Yes
Vaco Clothing 2643507 31.12.2001 06.05.2003 Creditors'
(International) Supplier Voluntary
Ltd No liquidation
26.11.2003

Harland Simon Computer/Bus Yes 1963605 10.11.1990 07.05.1992 Receivership
Group plc Services 10.1992

Must look very impressive on his cv............................wbj

[master rsi] 10/3/2008 13:05

Some change on the TOP..........

LONDON (Thomson Financial) - Marchpole Holdings PLC, the fashion brand
management group, said John Macaulay, who was group financial officer, has been
appointed group finance director and will join the board with immediate effect.
Marchpole said Ray Harris, who has been acting finance director since July
2007, will continue as an executive director on the board.

[master rsi] 06/3/2008 16:09

Hatto

It is a great joy and pleasure the way it has turn out.

At the time of your earlier posting, I had realised that "Brindy" still was a premium subscriber

[hatto] 06/3/2008 13:06

As regulars will know on this & other BB's, Brindy, a regular poster here, tragically died a few weeks back after a long fight against illness.

When this was known 100's of posters made known their thoughts & I copied them & forwarded to Brindy's widow Honor.

She was obviously very touched by all your kind words.

Her response is as follows.....

------

From: Paul Brind
Sent: 06 March 2008 12:29:09
To: Hatto

God Hatto - I can't believe the responses - just done the most crying I've done since 20th Feb!

Thank you so very much for passing them on.

I will be keeping all live on Paul's computer for some time I expect so will contact you again.

Thank you again.

Honor

------

Thanks to everyone who responded !!!

Shows what great people you all are !!!

[master rsi] 05/3/2008 21:40

cosnova

That Forecast by Hardman & Co is an old one, it came to the market on 11 July 2007
After the fall in profits at the Interims, that forecast is not any longer valid on my view.
BTW, the Broker decided to stop making their forecast for MPH last October, so not any longer does any research for them.


Below is the old Fcast by Hardman & Co of 11 July 2007

----- Sales Declared Adjusted Adjusted P/e ratio Divi p. Yield
March £m Profit £m Profit £m Dil Eps p. %
2006A 38.4 4.5 4.0 9.5 17.2 3.5 2.1%
2007A 90.5 8.3 6.2 16.6 9.8 3.8 2.3%

2008E 71.1 7.8 7.8 19.8 8.3 4.0 2.5%

[cosnova] 05/3/2008 17:08

assume the 7.80 is an operating profit, and the bottom line has been hit by
development costs, bank interest etc etc

[cosnova] 05/3/2008 15:44

Got this info off tdwater, dated 21-02-08!!


Broker Date Rec Pre-tax (£) EPS(p) DPS(p) Pre-tax(£) EPS(p) DPS(p)

Hardman & Co 21-02-08 None7.80 19.80 4.00 10.40 26.30 4.30

[tibibar] 05/3/2008 12:27

Curiouser and Curiouser!!!

Barclays Stockbrokers are showing consensus forecasts from Hardman & Co and Shore Capital Stockbrokers as follows:

31/3/08 Profit £5.73m EPS 21.10p Div 4.30p Yield 20.0%
31/3/09 Profit £5.13m EPS 18.90p Div 5.00p Yield 23.3%
31/3/10 Profit £6.22m EPS 22.90p Div n/a

There is no recommendation and no indication when they were issued, but they are the figures showing at todays date.

These figures make no sense when set against Marchpoles statement they will make a loss this year.

[dan de lion] 05/3/2008 11:35

Off my brokers site, Natweststocbrokers.

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