Mereo Biopharma Share Discussion Threads

[momentos] 10/7/2006 14:49

I do wonder though at the absence of an RNS re Rathbones, they really cant have been holding it that long as its allegedly a "Special Situations" fund. They also have not appeared in the Annual Report Shareholders....

Strange, eh.

Also read they have about 1500 shareholders in total...

[cr4zyness] 10/7/2006 14:43

Nice one Momentus interesting find well done

[momentos] 10/7/2006 14:25

I found another source of Shareholders info which gives some interesting missing Major players.

This source has it as

Michael Morris 19.11%
Bank of New York Nominees 8.19%
Michael Morris Trust 7.5%
Man Financial 6.36%
Rathbones Group 5.19%
JC De Castelbajac 5.09%
HSBC Global Custody 4.80%
Barclayshare Nominees 4.59%
Santa Lina 3.70% [Pernod Ricard]
Nationwide Mutual (US) 2.29

Total: 66.82

Others 33.18

There are a few others, but data is old / negligible. The intersting one is Rathbones, which I have never seen RNS'd. Info can be found in their Special Situations fund brochure dated October last year, see bottom of Page 8, they have 7m shares).

I previously had holders as:

19.1% Michael Morris
8.2% The Bank of New York Nominees Limited (2005 Annual Report p10)
7.5% Michael Morris 1997 Trust
6.4% Man Group
5.1% J C De Castelbajac
4.8% HSBC Global Custody Nominee UK Limited (2005 Annual Report p10)
4.6% Barclayshare Nominees Limited (2005 Annual Report p10)
3.7% Santa Lina (Pernod Ricard)

Others: 40.6%

So there is more extensive fund support here than you would think.

[momentos] 10/7/2006 13:49

Bullish Harami Cross Doji Effalump reversal trend anyone?





(see also British Bulls hit)

[cr4zyness] 10/7/2006 13:10

Momentus,

Yeah it would be nice to have some fresh news!!

[momentos] 10/7/2006 12:01

RNS tomorrow would be nice.

[momentos] 10/7/2006 08:57

Anyone wishing to check out JC De Castelbajac's song writing skills should go

Track 9: Miss Hinano.

Mareva (Miss France 1999) is his "companion".

[wbjunior] 10/7/2006 07:46

Good Morning all MPH investors, will we get some positive news this week and a share price that reflects the company's future, we shall see.....................wbj

[dan de lion] 07/7/2006 16:53

"and the company's forward order book now already represents 80 per cent of last year's sales."

Gives the impression that they are struggling to replace orders.

Actually it`s at least 200% of last years orders for the Autumn/ Winter season(inc MODA).

[momentos] 07/7/2006 13:16

BTW Investors Chronicle's "Good Value" was at 22p. Reiterated their previous rating and pointed out the "undemanding" P/E ratio of 6. Page 45 so a bit buried.

So at current online offer of 20.7p you are getting a nice 6% discount to their "Good Value" Rating, plus a free 2% divi yield in August thrown in.

Bargain!!

[momentos] 07/7/2006 11:19

A stunning display of disinterest. In fact, it seems to have achieved total disinterest in any activity!

MAIN MARKET:

Nada, Zip, Zilch

PLUS MKTS:

07/07/2006 10:47:15 20.05 14,500 O 2,907.25
07/07/2006 10:03:06 20.84 1,133 O 236.11
07/07/2006 08:11:25 20.05 4,651 O 932.52

(ooh a buy! Though given it is for GBP236.11 it can't have been an IC reader, that's about the cost of their annual subscription)

[spaceparallax] 07/7/2006 10:45

I'm surprised not to see any movement after the IC coverage.

[wbjunior] 07/7/2006 10:24

Momemtos - agree about the gross margins so not to bad for this year, but where are all the Investor chronicle reader's, waiting to invest lol. Things may well pick up later as Pycco comments and we will be away. Out in the garden for most of today erecting a new fence, having to dig the post's out, what a job...............wbj

[momentos] 07/7/2006 09:59

This is the (very successful) man hired by Asim Abdullah to relaunch Ungaro. All good news for MPH.

[momentos] 07/7/2006 09:40

wbj - we were commenting on the gross margin the other day. These are actually the historics, so last year was actually exceptional..

2005 2004 2003 2002 2001

49.8% 45.1% 40.7% 24.8% 39.9%

[pycco] 07/7/2006 09:34

It might take a few days for people to read the I.C. before acting on the 'good value' and buying in.

Next week then. Also, by then any results T10's will be history and 'imminent' will be more so. Here's hoping.

[dan de lion] 07/7/2006 09:17

I see the comment posted by PENPONT on the I.C. aricle but haven`t seen anything from the SHARES mag, what did they have to say?

[momentos] 07/7/2006 09:06

wbj, Shares Magazine appears to be hugely influential and trusted by thousands....

Reaction to there comment so far:

MAIN MARKET:

No Trades

PLUS MARKETS:

07/07/2006 08:11:25 20.05 4,651 O (SELL)

[wbjunior] 07/7/2006 08:03

Morning all, nice to see someone saying this is good value at last, gap up first thing and hopefully more to come today.................wbj

[momentos] 06/7/2006 19:05

"the company's forward order book now already represents 80 per cent of last year's sales."

I was confused By this, until I worked out it must include Moda... ie 39m old MPH, 11m Moda ($20m). 80% of 50m = 40m...

Forward PE Ratio 5.95.

[momentos] 06/7/2006 18:58

Cheers penpont, good to see some coverage.

Hopefully all the long term watchers are loaded up!!

[penpont] 06/7/2006 18:20

Gets a 'good value' rec in the IC out tomorrow:



Marchpole's pre-tax profit figure may have been static, year on year, but this time around it was actually depressed by one-offs. Specifically, the legal costs and start-up losses relating to the design and administration of the Ungaro brand depressed profits, knocking a net £900,000 off the bottom line.

Of more concern is the ending of Marchpole's Yves Saint Laurent licence in six months' time, although this will be partially offset by the debut Ungaro Homme collection, due for launch in autumn/winter 2006. Marchpole has a number of key accounts that will be affected, including Debenhams, John Lewis and Moss Bros.

Still, the growth of the Jean-Charles de Catelbajac (JCC) brand - which Marchpole owns - and the acquisition of Moda America, in March, look promising. In particular, Moda has strong relationships with distributors in the US that can be used to enhance the promotion of the JCC brands. In fact, since its acquisition, Marchpole has now doubled the number of JCC licence agreements, and the company's forward order book now already represents 80 per cent of last year's sales.

House broker Shore Capital has upgraded its current-year adjusted pre-tax profits estimate from £6.6m to £7.1m (from £4.9m in 2005-06), giving EPS of 3.5p (2.6p).

[Abuse team] 06/7/2006 12:36

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