Mereo Biopharma Share Discussion Threads

[wbjunior] 03/4/2007 16:33

FDH have to agree with your write up and of course I will keep you up to speed with any info I may get privy to, no reply yet so in the dark like everyone else regarding the points in my ps............................wbj

[fardistanthills] 03/4/2007 13:49

Hi wbj, per your PS, if you do glean anything of interest, which you feel able to share, it would be much appreciated. For myself, regard the remainder of this year through to finals and then to November's interims with great anticipation. I feel sure we are in for some very positive news and no doubt surprises. A great deal of hard work has clearly been put in by all at MPH which, though obvious to all of us who have followed the company closely over the last couple of years, is not yet understood more widely.

You only have to look at recentish announcements.

Ungaro in 750 US stores / Distribution agreement to sell the Emanuel Ungaro brand into the United Arab Emirates / JCC in 79 stores in its first US season / Launch of an Autumn/Winter 2006 children's wear collection in November 2006 into 450 plus OKAIDI stores worldwide, described as above expectations / Acquisition of Homebody / Purchase of Greenmark / Dubai based Chalhoub Group to distribute JCC throughout the Middle East / Crocus Group to establish stores to sell JCC in Moscow / Launch the diffusion Ungaro Homme collection in the UK from Spring/Summer 2007 - Debenhams, John Lewis stores and Moss Bros.

My guess though is that wider recognition is not too far off. Recent straws in the wind :-

Times 15-2-07: Tiddler to watch

Marchpole rose 14p to 131p after the fashion brands group agreed to buy footwear designer and wholesaler Greenmark etc, etc.

Sunday Telegraph 18-3-07: Marchpole comes into fashion

It seems that Marchpole Holdings (161p), the fashion brand company, is finally winning over the sceptics.

The company, which manufactures clothing lines under licences from bigger companies, previously made most of its money through a long-term deal with Yves Saint-Laurent. That deal ended last year, and the market pummelled the company's shares accordingly.

But the business is now proving that it can claw back its revenues through deals being struck all over the world. Last month the company bought Greenmark, a designer, importer and distributor of women's shoes, in a deal which was instantly earnings-enhancing. Marchpole's shares were marked up 10 per cent as soon as the deal was announced.

Last Monday the company announced that it had struck a distribution agreement with Chalhoub group, the Dubai-based fashion group, which markets brands including Ralph Lauren in the Middle East. It also announced a deal with Crocus, a major Russian retail distribution group.

Although last week's deals gave a further boost to the group's shares, Marchpole is still trading on less than eight times earnings. The shares are also on a prospective dividend yield of 2.6 per cent.

Now may not seem like a great time to buy into up market fashion labels, but everything has its price. Marchpole is trading at a huge discount to the general retail sector and analysts believe there are more deals to come. BUY.

Happy Easter one & all, FDH

PS, Marben, many thanks for your EGM report, very interesting. I am hoping next time around, this coming September, I may be able to get to the AGM.

[wbjunior] 03/4/2007 10:27

Hi lex thanks for your positive thought's on here and congratulations on the o/t all looks exceedingly good there. Interest has slowed on here until more news breaks, therefore I am cutting back on posting until interest returns...............wbj
Ps awaiting reply from directors regarding Boateng, trading and a few points of interest to me........................good luck my friend.

[lex1000] 02/4/2007 23:47

Look at this year's steep rise on path back to fair value; but not there yet. More to come methinks. No wonder Marchpole is taking a bit of a breather. Journey north should re-commence sooner or later.Best wishes to all holders. aimvho.dyor.


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Break-out above 180p will be very good news indeed.


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[like2share] 02/4/2007 10:43

L2 info anyone pls

[dan de lion] 01/4/2007 19:58

Off to Gran Canaria in the early hours, back in two weeks.

[wbjunior] 30/3/2007 08:58

Friday blue prelude to an rns me thinks.................wbj
Perhaps not lol

[dan de lion] 30/3/2007 08:04

No update then, looks like it`s a wait till end June for the results.

[fozzie] 29/3/2007 17:35

wbj, i'd rather not if you dont mind it would be a rather sadistic exercise!!!

[wbjunior] 29/3/2007 17:18

Guys for those interested in Financial accounts have a look at SMC at the interim stage. Check out the p/l account, balance sheet and cashflow and I believe it shows that caution was needed before buying or holding at the levels appertaining at that time. Now check out MPH and make a list for comparison, just an interesting exercise......................Good luck to all holders off to snooker with son.......................wbj

[wbjunior] 29/3/2007 14:56

Trading continues in line with market expectations and the Board views the outlook for the Group with confidence

Yes wynmck today last year as you say, I hope its more detailed than last year with the words "exceeded market expectation by a mile"..............lol........wbj

[wynmck] 29/3/2007 14:19

Trading statement came out this time last year -hope to see one soon to set up a further rise....

[wbjunior] 29/3/2007 13:48

Sorry to hear that fozzie, I hope you manage to salvage something, profits warnings out of the blue are never acceptable and would be my exit indicator, good luck.

On a more positive note blue today and hopefuly you will cover some of the downside on smc.............................................wbj

[fozzie] 29/3/2007 12:51

Unfortunately wbj my day has been somewhat ruined by sturat mccoll and his company SMC. Hey ho! At least a little blue on here is helping to sooth the pain.

[pricemilne5] 29/3/2007 12:44

Ladies and gentlemen, normal service has resumed!

[wbjunior] 29/3/2007 11:20

Morning all holders no worries with small retracement had to happen after such a quick increase. Is the earnings increasing? is the revenue increasing? are the margins holding up? is the growth moving forward ? the answer is yes to all therefore ignore the market and hold firm with the company based on the performance and future growth opportuniuties, have a good day and relax..........................wbj

[daverw] 28/3/2007 23:35

I see 7 LSE 13 Plus, still happy holding.IMHO those that are selling are those
that bought in February, long termers here have learnt to be patient.
wbj rules.
Regards
Plus
28/03/2007 14:52:26 163.75 1200 O 196500.00
28/03/2007 13:37:23 161.00 20000 O 3220000.00
28/03/2007 11:48:50 163.20 856 O 139699.20
28/03/2007 11:47:15 163.50 1530 O 250155.00
28/03/2007 10:41:37 165.20 600 O 99120.00
28/03/2007 10:41:37 165.00 10000 O 1650000.00
28/03/2007 10:33:13 165.10 7000 O 1155700.00
28/03/2007 10:31:16 165.20 10000 O 1652000.00
28/03/2007 09:09:45 165.50 325 O 53787.50
28/03/2007 08:21:27 165.20 700 O 115640.00
28/03/2007 08:13:46 165.50 1000 O 165500.00
28/03/2007 08:05:57 165.20 1000 O 165200.00
28/03/2007 08:01:43 165.50 2000 O 331000.00

LSE
165.5 2000 165 167 08:30:00 2,000
166.75 1452 165 167 10:00:46 1,452
165.12 2000 165 166 10:44:19 2,000
165.1 1118 165 166 11:06:14 1,118
165.75 475 165 166 11:31:49 475
165.75 475 165 166 11:31:52 475
163.2 57 163 164 15:41:00 57

[larmertree] 28/3/2007 21:11

I see 33 trades made today

[skintvestor] 28/3/2007 17:52

Well, it couldn`t have been that many. There were 6 transactions on LSE, and 12 on PLUS.

[dan de lion] 28/3/2007 16:59

Yep, looks like some of the 10 day people took a loss rather than pay up.

[lex1000] 28/3/2007 12:43

wbj,taken a break from posting.I sure MPH will continue to do well for you.Retrace to be expected as you saw with the other one.Look at o/t now.If peeps need to be told what to do by The Telegraph and others then add the words "and hold" immediately after the word "buy" ie "BUY and HOLD" Quite easy & simple.No point in trading in and out best returns come from holding the good ones like MPH.

You may get news before mine in which case see MPH next leg up.Unless anyone has missed anything,don't think they have but never quite know with Marchpole.Very interesting and rewarding next few years lie ahead for long term investors.MPH was trading highs 37p before rudely interupted and marked down YSL/OB.Therefore imho 185p is easily achievable and re-rating should take MPH much higher.Mentioned historical chart a few times on here and worth taking a look at where believe MPH is heading all things being equal circa 1998 highs 400p.First things first target 200p-250p.The later is 50p in old money and therefore undemanding in view of where MPH is now and looking ahead.

Growth year on year & collect dividends.mms got to make a market.Buying when quiet,not immediately after tip/bullish trading update & on the dips = buy low sell higher.Nice looking chart supported fundementals,uptrend intact.Best Wishes to all here.aimvho.


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[dan de lion] 28/3/2007 10:11

It is make your mind up time for people who bought in on 10 days on the back of the Telegraph article, most of them are sitting on a loss.

[wbjunior] 27/3/2007 13:35

Nice to hear from you guys and pleased your still holding, be a shame to miss the real movement north which i believe is still to come. Just back from 40 length swim and looking forward as lex said to some news on tradong and the court case.......................wbj

[marben100] 27/3/2007 13:13

Generally, I don't post unless I think I have something new to contribute. Doesn't mean I'm not watching & waiting. MPH has grown to become one of my two biggest single holdings, alongside RCG, apart from investment trusts. Given its relative size, I don't intend to add any more shares but neither do I intend to sell any below 200p, given current information. I may raise that target to begin topslicing if I think that the possible trading update and/or results justify it.

Given the recent acquisition and progress internationally, I don't think that the Boateng case is too material any more, though the share price might move a few p either way, depending on the outcome.

Back to lurking...

Mark