Mereo Biopharma Share Discussion Threads

[lex1000] 04/5/2007 08:57

Tempting out sellers is all part of a process of matching buyers on the way up.Chart in uptrend,backed in my view by good fundementals and more rewards to come in holding.Genuine buying opportunity methinks.Short Capital erring on side of caution has forward target price of 321p.aimho.dyor


free stock charts from www.advfn.com

[wbjunior] 04/5/2007 08:57

well done dan you put a stop to the mm tricks....lol...................regards wbj

[dan de lion] 04/5/2007 08:56

Bought 5,000

[wbjunior] 04/5/2007 08:49

Yes lex great opportunity to add if spare funds are available, investors will look back and kick themselves i feel, waiting for the bounce back any time now....................wbj

[juju43] 04/5/2007 08:47

may not happen but i would be wary of double top here. not a holder

[lex1000] 04/5/2007 08:45

Good morning,MPH gapped up to 172p-175p only to fall back to 164p-166p.Moved into trading range 175p-200p gapping up to 189p-193p with similar drop back this morning.Shares do not go up in a straight line but do offer buying opportunities on the dips.Did not hold support above 187.5p retraced to build on 175p before moves higher.aimvho.dyor.

[sensei10] 04/5/2007 08:37

Cheeky MMS. wbjunior spot on.

[wbjunior] 04/5/2007 08:35

shaking a few out no worries top up opportunity imho.............................wbj

[lex1000] 03/5/2007 17:35

Dan de lion,very true.In a way think it much better to underestimate and err on the cautious side.Thereby actual results beat expectations and share price always playing catch up.Better feeling for investors knowing you have a safety cushion between what share price trading at to actual value.In my view holders have a big cushion of safety as still some way before reaching fair value which provisionally suggest as being 250p.All in my very humble opinion and might be wrong..........it could be nearer to 275p.Whatever it is sub 200p looks good value to me and who am I to argue with Shore Capital forward £3.31.lol. aimvho.dyor.

[dan de lion] 03/5/2007 16:47

Shore Capital are MPH`s brokers so they should have a greater insight into future earnings than the other brokers who report on MPH as they are privy to info the others don`t get, saying that, they have consistently underestimated actual results, always erring on the (very) cautious side.

[wbjunior] 03/5/2007 16:32

Great lex next stop £1 or more, off to snooker shortly with son so have a good evening and try to stop counting your money....lol...............wbj

[lex1000] 03/5/2007 15:56

wbj,have you noticed that my second o/t has decided to breakout above 70p.....pleased sold PKW sometime ago as no contender to MPH.lex ;o)

[lex1000] 03/5/2007 15:36

Guys agree,there is substance to support view that MPH should be trading much higher.As per header the recent acquisition of Greenmark provides added earnings and revenue diversity.Greenmark acquisition added to previous & after announcements influential reason for investing MPH and hopefully more to come.Whatever you may think of MM & team they've been very,very busy producing and building shareholder value.Building much better company. Someone had the confidence to buy a little of 78k shares and whoever bought share their optimism of high returns in MPH.Useless at number crunching myself but whichever way you look at figures arrive at forward share price between 300p and 400p as illustrated in DDL post 1063.Another reason to be invested sub 200p and pre-results.aimvho.dyor.

[jason8466] 03/5/2007 10:11

ddl on the ball as usual.

The numbers look very conservative and will not include any one-offs (which there may be many ).

These up coming results will be significant as they will incluse the end of YSL and future outlook and the beginnings of other revenue streams ie Moda, perfume,home etc MPH has so many digits in pies they must be made of chocolate.

The results should also underline that this recovery is on going and the fundies will jump in. Mph may well be in £3 to £4.00 range in 12/18 months.

Thats of course unless M Morris and team add further revenue streams, which I would not bet against.

[dan de lion] 03/5/2007 09:46

Update by Shore Capital:-
.............................this year...........next
Shore Capital 30-04-07 CORP 8.20 20.10 5.00 9.00 22.10 5.60

So a forward p/e ratio of just 15 should put us on £3.31.

[corrientes] 03/5/2007 09:29

Added again. To me anyway, the demise of the dominant YSL superceded by the far greater geographical and product mix, plus the ever increasing amount of money available to the 'haves', makes this a far less speculative share and the future for the company must be very bright indeed now.

The concern over the company being a one man band must surely be greatly diminished. You could say that losing YSL is the best thing that could have happened, since it forced the company to look elsewhere, a task they have undertaken with relish.

Looking forward to results.

[wbjunior] 03/5/2007 09:10

morning lex looking very good here with holders standing firm, have a look at o/t posted there, keep smiling and great to have you back with double the holding.................wbj

[lex1000] 03/5/2007 09:05

wbj,good morning.It looks to be a very nice day.Tufty has not been posting for awhile now since new addition to his family.Keep holding :o)

[wbjunior] 03/5/2007 09:01

tick up, where,s tufty? probable busy with the squatters in his garage.......................lol............................wbj

[lex1000] 03/5/2007 09:00

daverw,let's say i've done my bit.Did not want to risk paying higher! Fully invested and importantly "Holding" MPH.Off out to enjoy the sun.regards lex ;o)

Tick up^

[lex1000] 03/5/2007 08:47

Chartwise MPH needs to build support on mid point of 187.5p.Current trading range 175p-200p.May be opportunities to buy dips really do not know.Pays your money and makes your choices.Next leg being 200p-225p with 200p usually acting as some form of resistance.aimvho.

[daverw] 03/5/2007 08:45

Morning all, another glorious day in Cornwall.
Lex I also think the 78,010 was the significant shaker and mover from yesterday. If you could manage the same today I am sure we will all be grateful.
Regards

[lex1000] 03/5/2007 08:36

Trade which warrants highlighting imo is yesterday here on advfn trade 16: 78,010 shares @ 189p.Going by timing must be a buy.Marchpole set out strategy of international and global expansion.MPH have done an amazing job in growing the company.Focusing on what company has done in transformation in terms of sp,imo sum of all new parts is worth in excess of the old.In short huge potential.The share price is not going up by accident as in my view MPH is worth more and re-rating should continue.In simple terms imo MPH is worth 50p old money and results probably support valuations between 60p and 80p old money going forward.Number crunchers can do their stuff on results day.Converting to new money 250p and between 300p and 400p.How long MPH trades at a discount to peers remains to be seen as do results and how market values MPH.Accordingly viewing good to exceptional value,have added a further time more than doubling holdings again.Averaging up I think it is called.Good to see thread coming to life with new posters and chart breaking out above highs of 2004.aimvho.dyor.

[wbjunior] 03/5/2007 08:19

Morning all patient holders another good day in progress, holding firm......................wbj

[jamesjoel] 03/5/2007 05:40

Shares dealt from Plus Markets yesterday:Buys out doing the sells by some way so it looks like another blue day today breakout here we come !!!

02/05/2007 15:58:27 187.82 1500 O 281730.00
02/05/2007 15:34:22 189.85 1565 O 297115.25
02/05/2007 15:23:17 189.85 1698 O 322365.30
02/05/2007 14:55:37 189.85 5000 O 949250.00
02/05/2007 14:38:51 187.82 190 O 35685.80
02/05/2007 14:07:36 187.82 680 O 127717.60
02/05/2007 13:54:03 189.75 1415 O 268496.25
02/05/2007 13:30:12 189.95 420 O 79779.00
02/05/2007 13:26:52 189.75 4106 O 779113.50
02/05/2007 11:55:20 186.00 20000 O 3720000.00
02/05/2007 10:48:07 189.50 1989 O 376915.50
02/05/2007 10:20:41 185.00 5000 O 925000.00
02/05/2007 09:53:10 189.50 280 O 53060.00
02/05/2007 09:44:58 187.50 2500 O 468750.00
02/05/2007 09:40:02 185.82 200 O 37164.00
02/05/2007 09:31:14 189.50 4000 O 758000.00
02/05/2007 08:48:55 187.50 12500 O 2343750.00
02/05/2007 08:41:30 189.75 2038 O 386710.50
02/05/2007 08:41:15 189.75 158 O 29980.50
02/05/2007 08:34:23 188.00 2640 O 496320.00
02/05/2007 08:26:52 187.75 2643 O 496223.25
02/05/2007 08:25:41 187.00 2400 O 448800.00
02/05/2007 08:15:18 183.80 796 O 146304.80
02/05/2007 08:03:41 186.50 102 O 19023.00
02/05/2007 08:02:44 183.80 340 O 62492.00
02/05/2007 08:02:32 187.00 2000 O 374000.00
02/05/2007 08:01:34 184.50 2500 O 461250.00