Mereo Biopharma Share Discussion Threads

[wbjunior] 13/2/2007 08:09

Morning everyone lets see some action today, there has to be something big ready to break any time now. Off out this morning will check progress around 12. Have a good day no worries here.......................wbj

[wbjunior] 12/2/2007 08:50

Not before I have had me breakfast, two hard boiled eggs..................................wbj
2 hours and not one trade talk about paint drying, off out cant take all the excitement .

[momentos] 12/2/2007 08:36

Although you may prefer her like this...

[momentos] 12/2/2007 08:20

More profile raising... First Eva Longoria at the Emmys now Christina Aguilera at the Grammys in Ungaro:

[momentos] 12/2/2007 08:08

Nice to start the week with a tick up on the bid....

Morning all!

[remynapoleon] 12/2/2007 02:08

momentos : re 291

Thanks for the post , its quite a read. I must admit I had to go through it a couple of times and think another run through is in order, when my head stops hurting.

The phrase " The whole sprawling drama of business is of no interest to Barclays researchers .......... " is, I think, exactly what Nigel Lawson was getting at when he coined the phrase I plagiarised.

I like the analogy of the factory ships, which in itself has a hidden warning of this kind of investment practice, ie when the easy pickings run out there are too many funds chasing too little money.

To think less than 20 years ago everybody was worring about the power of George Soros's Quantum fund, although I am not sure if these " Quant " funds can be compared directly with the Hedge funds. In relation to BGI it seems he was a minnow.

As you said though, well worth the read, very informative.

remynapoleon

[lex1000] 11/2/2007 14:31

wbj,o/t company sold off digital to concentrate on core businesses know and do best.Balance of witheld funds from sale less warranty claims payable anniversary 17 Feb.One mistake Star Wars turned into a disaster as did several other companies.Remarkable company & team.Tentative link with MPH in as much MPH rebuilding business post YSL to recovering lost ground in share price stakes.Went with my gut biggest core holdings @ 100p, first divi in the bank.Recovery well in process,strong growth,increasing divi all reflected in chart.Bags of potentential and very positive sentiment.Shares are cheap and can't see them hanging around 140p.Looking for 160p-225p.imho.

Yes agree MPH will fly when the time comes & not before time.I'm looking for breakout above 125p buys appearing 127p/128p upwards.Re-rating when it comes has potential to be vertical as in Harrier Jet.Can't wait for lift off here.Usual provisos with MPH & MM.

[lex1000] 11/2/2007 11:01

wbj,thank you for taking the time to look over numbers,providing interpretations and views for me.Interesting to consider with others,bullish-bearish and conrarian.My own thoughts are bullish on growth with increasing %this year & next,however,keep under constant review.

Marchpole has not performed according to predictions and as expected but I think it WILL.Fascinating how market can manipulate to trade within a very tight range & accomodate funds institutions enter stock & or accumulate at lower levels.

It has been difficult for me to guesstimate exact sum of parts during this transitional period to where MPH is now post YSL.Helpful when momentos, yourself and others provided numbers on such things as perfumes etc and information which otherwise would go undetected.My own feelings fwiw funds in MPH for both growth & % yield,favour how company has gone about global strategy, very interested on next aquisition & how strengthens UK side of business.reading views of others OB should be a minor blip on landscape if at all.I have strong feelings that share price has the potential to breakout explosively - never write MPH off.Sentiment/sp can turn on a sixpence.Logically all that Marchpole have to do is show new revenue stream replace that YSL loss actual & potential replace 100%+.Market having held MPH back boring investors into selling stock to funds, can manipulate much higher using technicals & triggers to what is fairer value.For me all signs are there,question of when not if.

Simply expressed thoughts & feelings.Set out my investment strategy for 2007, gut instinct playing an equal role as much as charts & research including number crunching by others.But for change of strategy including increase 150% in investment money in the market would have bought back & holding MPH.Looking forward to seeing return to good old days which means MPH back 150p-185p+.Thanks for comradie, humour and excellent research on thread. Good luck here.

[remynapoleon] 11/2/2007 00:07

I don't want to put a damper on the Barclays announcement, I am quite long in MPH, but it is not necessarily Barclays themselves investing or indeed one of their investment companys.

Seeing as the statement said that their holdings had passed through a notifiable percentage I suggest that it is small PIs like us who have pushed their nominee accounts collectively over the threshold.

I of course would like to be wrong and hope their overpaid teenage scribblers are even now plotting how to inject large ammounts of cash into MPH, but one must be realistic.

remynapoleon

[wbjunior] 10/2/2007 23:17

Lex

Had a quick look at the figures on the thread you suggested and the first thing thats hits you is the fact that the writer forecasts a operating profit of over 14% compared with the actual achieved of 10% for the last financial year. I would go along with revenue of around 94 million for continued business for the year and expect that to generate around 9.5 million operating profit. If you take tax and interest of around 3.3million from the operating profit your left with 6 million pounds profit after tax.

Thats 13.6p eps against the brokers estimate of 12.7p for the year, the major concern to me is the potential loss on discontinued business that could knock 2 million + from these figures bringing the actual eps down to around 9p

Must admit it looks a good growth share with excellent margins and roce, which is what I look for, if there were no discontinued business to wind up I would buy at £1.40 now, but at the momment around £1.10 would be my entry point.

Sentiment is strong and I hope it hits £2.00 for you, good luck....wbj

[lex1000] 10/2/2007 17:39

wbj,good read & big money investors holding MPH.You're a numbers man,would you do me a favour,cast your eye over o/t attached link & tell me what you think? No hurry.tia.regards lex.

[wbjunior] 09/2/2007 21:19

Barclays have been increasing their holding recently tiggering a notification of interest. They now hold 1,816,566 (6.68%), up from 1,575,207 (5.79%).

From what I have seen in the past, Barclays are pretty shrewd investors, so in my opinion, this is positive news for Marchpole.

Also, at the current price, with a market cap of £31.3m, the company looks very cheap and could attract a bid.

The two main issues holding the share price back are the termination of the YSL license and the court proceedings with Boateng. However, the purchase of Moda America, Homebody and extension of licences should go along way to repacing these. And, with another large turnover already being looked for, there are real opportunities for dramatic growth in the future. MPH now have interests in the UK/Europe, the US, Japan and Middle East. With regard to the Boateng dispute, MPH appear to have had astute advice and won the previous claims. It looks like Boateng are clutching at straws, but in any case, I cannot see this having a dramatic effect on MPH and further guidance should come out in the next few months.

With an historical PE of 8.84 and forward PEs of 5.42 and 7.32, the prospects for this stock look very promising....the coming months announcements will be interesting reading that could eventually take this stock to new highs....watch this space..
Borrowed from an ADVFN competitor andybradford

Interesting read, my thoughts too..............wbj

[momentos] 09/2/2007 12:27

Small amount of action on Plus, none here

09/02/2007 11:43:25 117.48 2,000 O 2,349.60
09/02/2007 11:17:44 117.48 5,000 O 5,874.00
09/02/2007 11:02:14 115.30 2,000 O 2,306.00
09/02/2007 09:10:04 117.48 1,641 O 1,927.84

Marchpole off to show Ungaro at Magic in Nevada from Monday next week.... Wonder if they are also doing Castelbajac.

[lex1000] 09/2/2007 07:57

momentos,after many false dawns get feeling the journey has begun.All aboard whose coming aboard.Initially waiting to see 118p-125p with news assisted follow thru'125p-150p.R=120p, 122.5p & 125p.As always good luck to all Marchpolers.

[momentos] 09/2/2007 06:54

"jason8466 - 30 Jan'07 - 11:19 - 154 of 283

I have checked the tea leaves and we are all in for a rally from 2day."

Drink some and tell us when we are going to hit 150p please!

[lex1000] 08/2/2007 23:26

Will MPH see positive return to friday trading trends of yesteryear tomorrow.Hope so for those holding.Nice to round week off with return 120p.

[jason8466] 08/2/2007 22:51

After post 154 I may have to buy more of that brew!

[dan de lion] 08/2/2007 17:33

And the PI`s become even fewer.

[momentos] 08/2/2007 16:52

A 500k buy in old money, extremely rare. Possibly barclays grabbing a few more before the price explosion. Absolutely 100% a buy.

Thats 1/300th of the company in one go... for £117k, someone has confidence....

[taffychaff] 08/2/2007 16:47

100k buy..haven't seen that for a while

[momentos] 08/2/2007 15:52

Surely you would far rather shell out your hard earned on the real thing for her rather than Per Una-garo imitations?

[jason8466] 08/2/2007 15:44

my what miserable looking Models.

But nice bright clothes, the missus dresses well and said these are a wow.Lets hope sparks hurry up with the copies lol