Mereo Biopharma Share Discussion Threads

[momentos] 27/11/2006 12:21

Anyway, given the acquisition is supposed to be from 1st January, I wuold have thought we will hear something very soon.

Not many shopping days left until Christmas....

[lex1000] 27/11/2006 12:05

If i'm not mistaken 114p/115p new support level.View buy, not sell supports.

[momentos] 27/11/2006 11:58

Must be people trying to avoid the dividend (xd Wednesday)

Plus:

27/11/2006 11:21:21 114.00 2640 O 300960.00
27/11/2006 11:16:07 114.00 11792 O 1344288.00
27/11/2006 09:11:01 115.00 2200 O 253000.00
27/11/2006 08:56:00 116.00 2400 O 278400.00
27/11/2006 08:42:02 118.20 301 O 35578.20
27/11/2006 08:36:42 115.00 15000 O 1725000.00
27/11/2006 08:02:14 116.00 2100 O 243600.00

[cosnova] 27/11/2006 11:28

any reason for the drop?

or is the mm's having a tree shake!

[lex1000] 27/11/2006 10:35

wbjunior,yes important figures all waiting for and curious as to why S/S were not included.May get RNS update x 5 which should get share price moving!

[wbjunior] 27/11/2006 10:08

Lex , it would have been very helpful to investors if some indication as to the S/S ranges had been given, as they did in the interim report the year before. If anyone has any clue to how its going I would be interested to hear........wbj

[lex1000] 27/11/2006 09:58

wbjunior,it's a strange game this shares lark.Recently changed personal strategies thanks (hopefully)in part to other posters on MPH thread. On the wobble MPH dipped intraday 114p/115p,do not see share price ever going below - advfn monitor did briefly show 112p but it never got there.Market waiting on more news and MPH looks safe hold short and long term subject to nothing unforseen.Sat between resistances 112.5p & 125p. Chart indicates sell which mms probably take advantagge vis a vis sell @ 114p pre open. On that basis imo 114p/115p buying not selling point.o/t hot stock is CCT which mentioned here 76p/77p,links change of strategy mentioned above,divi paying share too and results tomorrow.Good luck.lex

[wbjunior] 27/11/2006 09:47

Lex so much for the Investors Chronical , seem more news is required once again.......wbj

[lex1000] 27/11/2006 08:19

bbs have got it wrong.imvho.

[pobpob] 27/11/2006 07:51

they have got alot of their sell recommendation's wrong on MPH.. still think this company is well undervalued.. only a matter of time...

[lex1000] 26/11/2006 20:38

britishbulls.hitters.com hit the sell button on friday! Gotta be time to buy.lol.



SELL
CONFIRMED


117.50
-1.0000 -0.84%

[wbjunior] 26/11/2006 09:12

I recon the acquisition must be a private company as its near impossible to find a plc in the rag trade with as little as 10 million turnover listed, we shall see..............wbj
Dan cash rich bt the end of the 2008 financial year imo

[fardistanthills] 25/11/2006 19:41

wbj, re momentos
PS Thanks for your research work last week, very interesting to read about Tom Wallis , keep it up.
Me too! FDH.

[momentos] 25/11/2006 17:42

Turnover 1m. Just brought the brand in house. Suppose could be.

[dan de lion] 25/11/2006 17:42

Well MPH need to spend the money on something as the interim financial report indicates to me that they will be "cash rich" very soon.

[taffychaff] 25/11/2006 15:49

I reckon hardy amies could be the target

[wbjunior] 25/11/2006 11:48

momentos
Agree, but the statement also says in the near future and that to my mind is before Christmas. I believe also that the YSL contribution this year has funded the continued investment costs for Ungaro and JCC as both only broke even at the interim stage suggesting investment to me and profit to come in the second half. As with the Ungaro acquisition this new one if coming with a reasonable turnover could be the push that is needed to get investors firmly on board, funding it is another question, probably shares + cash.....................wbj
PS Thanks for your research work last week, very interesting to read about Tom Wallis , keep it up.

[momentos] 25/11/2006 11:02

Mcap 260m wbj, I dont think even 7m shares will stretch to that!!!

[wbjunior] 25/11/2006 09:46

Date: Wednesday 15 Nov 2006

LONDON (ShareCast) - Fashion house Marchpole is poised to add another string to its bow as it announced it was close to concluding another acquisition in the near future.

"We are currently in negotiations for an acquisition which we hope to conclude in the very near future," said Marchpole. The group acquired luxury clothing company Homebody in the last year.

Marchpole reported a jump in pre-tax profit to £4.0m for the six months to September compared with £1.0m last time, on turnover of £38.6m from £14.9m a year ago.

Executive deputy chairman Michael Morris said, "We are delighted with the progress made in securing additional licence and distribution agreements for both JCC and Emanuel Ungaro, and also the acquisition of the luxury brand Homebody."

The group, which loses its 30 year relationship with Yves Saint Laurent at the end of 2006, also lifted its interim dividend to 1.5p from 1.25p previously.

Could be Ted Baker.......................lol wbj

[wbjunior] 24/11/2006 15:02

Have a good weekend everyone, nothing happening here, expected bigger movement after the cracking results but it always takes time to filter through.....................wbj

[argy2] 24/11/2006 13:35

Damn it!.....knew there must be a reason for the fall.

[spaceparallax] 24/11/2006 13:23

IC today rates MPH as Good Value @119p.

[petersinthemarket] 24/11/2006 11:37

With Thanksgiving yesterday, US market closure, FTSE dropping back in sympathy, and the exchange rate rising to 1.93, we can either sit around and wait for the locusts to arrive! or go out and enjoy a long weekend.

Any effort little MPH might have liked to make today will be completely swamped until next week, so I'm for the long weekend. Best of luck all.

[momentos] 24/11/2006 09:58

Yes, Mr Morris does have an interesting history, and a penchant for the high life! He got a bit over exuberant with the expense account ... allegedly.

Cant disagree completely but Morris is not about to go anywhere he started the company and has been running it for decades (barring one small period).

It is a risk, but an acceptable one.