Mereo Biopharma Share Discussion Threads

[lex1000] 14/2/2007 16:18

wbj,thought so here you go up^.Nice vertical chart! lol.

"It is possible to achieve re-rating within two-five day period.Chart goes vertical."

[lex1000] 14/2/2007 15:37

wbj,on line quote indicates trading inside spread 128.6p-129.4p.Let's hope todays news is catalyst for long awaited re-rating to fairer value. It is possible to achieve re-rating within two-five day period.Chart goes vertical.Impressive volumes.Level MPH is trading at all points to breakout higher proviso if share price holds and momentum maintained.Target 130p > 150p >...MPH replace and or show potential replace 100% YSL, points share price north of 185p.Only fitting that you make good money and dividends out of Marchpole.fingersxxd crossed for you.This doesn't feel like a false dawn supported by the fact that market absorbing sells.Watch closing 30 minutes."Computer says BUY." lol. lex ;o)

[wbjunior] 14/2/2007 15:30

Hope your right Lex could not stand another false dawn as Tufty would say, but never say never. Hopefully with ysl out the way we should be looking at some good revenue figures this year and moving forward. Great day and we still have the trading figures as you say to look forward too..........wbj
Paying 128.5 on the bid so there must be demand out there imho

[lex1000] 14/2/2007 14:52

wbj,think MrsMomentos caught him looking at girlie pictures & links.All apparently there on family PC history of sites visited! Hopefully MrsM impressed with the rise.In theory rise should be maintained. lol.Would like to read his thoughts on aquisition.Hopefully company soon issue positive trading statement.

[lex1000] 14/2/2007 13:57

momentos,new thread,title both apt & appropriate.Maybe pure co-incidence that recent pictures with links caused rise in certain parts/departments (stores) lol. Great,news sentiment returns and Marchpole a buy now that Funds loaded up with shares.Growth & income share a good combination.Needs hold 127p-130p.Target price 150p.imho.

[jason8466] 14/2/2007 12:57

it was all in the tea leaves...........

[wbjunior] 14/2/2007 12:54

Pleased if I have helped others to hold Daverw, always believed this share is worth £2.00 as a point to buy in at and will be holding for some time yet. Good luck everyone there must be more to come now that ysl is put to bed....................wbj

[daverw] 14/2/2007 12:35

They may have to move this up again, apart from the two large sells they dont seem to be accumulating enough to satisfy the big buyers.
WBJ thanks! your enthusiasm kept me here when my patience was waning.
regards

[cosnova] 14/2/2007 12:15

1.3 mil shares traded, more news me thinks!

got to be an institution mopping up

[lex1000] 14/2/2007 12:10

wbj,thanks for advice cure screen freeze.Just like the old days on here.Thanks for PLUS update.Serious and impressive volumes/size trades today.Trading 108p-112p (reason mentioned here on thread at the time) has been launch pad to 145p-150p in two shares I follow.No surprise CCT & PKW.Will that "trend" be repeated here?.........Interesting to see where MPH is by end of week.Enjoy.lex [hd]

[wbjunior] 14/2/2007 12:06

Trade Date Trade Time Price Volume Type Consideration (p) Conditions
14/02/2007 11:44:12 128.22 2173 O 278622.06
14/02/2007 11:38:28 128.22 1274 O 163352.28
14/02/2007 11:31:44 128.00 10000 O 1280000.00
14/02/2007 11:23:52 128.22 816 O 104627.52
14/02/2007 11:18:42 128.40 10760 O 1381584.00
14/02/2007 11:14:25 128.50 2000 O 257000.00
14/02/2007 11:02:43 128.40 3863 O 496009.20
14/02/2007 10:50:44 128.40 2400 O 308160.00
14/02/2007 10:38:24 129.60 10000 O 1296000.00
14/02/2007 10:33:25 128.50 400 O 51400.00
14/02/2007 10:27:24 128.50 400 O 51400.00
14/02/2007 10:26:38 128.50 775 O 99587.50
14/02/2007 10:21:38 128.50 3929 O 504876.50
14/02/2007 10:07:51 128.50 2850 O 366225.00
14/02/2007 10:05:17 128.50 5000 O 642500.00
14/02/2007 10:04:43 128.50 5000 O 642500.00
14/02/2007 10:01:23 128.50 1050 O 134925.00
14/02/2007 09:47:53 128.50 6624 O 851184.00
14/02/2007 09:43:05 128.50 2000 O 257000.00
14/02/2007 09:41:32 129.60 1450 O 187920.00
14/02/2007 09:17:17 128.50 8807 O 1131699.50
14/02/2007 09:11:02 128.50 15000 O 1927500.00
14/02/2007 09:07:14 128.50 1200 O 154200.00
14/02/2007 09:04:48 128.50 1700 O 218450.00
14/02/2007 08:47:31 128.50 500 O 64250.00

Lex if your screen frreezes up try using Mozilla Firefox it did the trick for me, no more frozen screens. Plus for you to see......wbj

[wbjunior] 14/2/2007 11:26

Much more exciting Lex when interest returns 230k broker to broker at 129 just showed up....................wbj

[lex1000] 14/2/2007 11:21

Many PIs bored out of MPH whilst fundies accumulating.More recently the big risk was selling,missing rise. MPH always capable of surprise sudden rise too late for many to hop back on cheaper than sold.mms buys see to that. Study trends in an amateurish way and even though not holding enjoying fun of MPH fullfilling them.Can't 100% rule out a drop back,but hopefully MPH on its way next target 150p risng over next few days.Holding 127p-130p would be very positive for stock.On what is known MPH still consider cheap these levels.Historical resistances @ 125p,137.5p,150p.aimvho,dyor.

[dan de lion] 14/2/2007 11:19

And with a bound they were free.

[skintvestor] 14/2/2007 11:11

All the nervy ones have probably gone by now, sick that they sold too early. Looks like the mms are having to increase the price to try and encourage more sellers.

[0o0] 14/2/2007 11:09

Quite amazing LEX. The mms are absorbing the profit taking on both markets, infact they have been increasing their bid on Plus throughout the morning.

They haven't even tried dropping the price to shake out the nervy.

[cosnova] 14/2/2007 11:07

interesting broker trade of 230k!, an order being filled??

[lex1000] 14/2/2007 11:03

Further to post 349, mms continue absorbing sells @ 128.5p.Can't get enough stock or so it seems!

Laterst PLUS

14/02/2007 09:17:17 128.50 8807 O 1131699.50
14/02/2007 09:11:02 128.50 15000 O 1927500.00
14/02/2007 09:07:14 128.50 1200 O 154200.00
14/02/2007 09:04:48 128.50 1700 O 218450.00
14/02/2007 08:47:31 128.50 500 O 64250.00
14/02/2007 08:47:12 129.78 1000 O 129780.00
14/02/2007 08:34:18 128.50 11000 O 1413500.00
14/02/2007 08:32:33 128.42 6700 O 860414.00
14/02/2007 08:31:52 128.40 10000 O 1284000.00

[wbjunior] 14/2/2007 10:53

Cosnova looking at the revenue projection this year of around 80 million, I would hope the company could at least match this or slightly beat it for 2007/8 with the new revenue from Greenmark, but alot more figures required on trading before I would like to say for sure. Great news though ,I was hoping the acquisition would have this sort of revenue and I'm not disappointed. Holding firm..............wbj

[cosnova] 14/2/2007 10:43

wbj

what's your prediction on gross turnover for 2007/2008?

[wbjunior] 14/2/2007 10:39

Looks a great acquisition on face value, with 0ver 25 million turnover it covers the ysl business and enables the company to maintain and improve eps growth for next year and forward, lets enjoy the moment imo.............wbj
The statement has said it will have a positive effect on the company's forward earnings, what more do we need to know at present, lovely jubbly.

[cosnova] 14/2/2007 10:39

taffee

I assume Marchpole don't get the cash reserve that greenmark had,

I note it mentions a share buyback, so that's where their cash went