Mereo Biopharma Share Discussion Threads

[wbjunior] 18/5/2007 15:23

Consolidating in the low 180's should breakout with news on trading to over £2 soon imv, holding firm, have a good weekend everyone...................wbj

[marben100] 17/5/2007 23:58

@ 178p that's got to be someone selling, surely rather than a buyer? How could a large buyer acquire shares at below the market price? Not that I'm bovvered.

[lex1000] 17/5/2007 18:12

wbj, anything to do with Barclays increasing holdings from 1,816,556 = 6.68% to 2,185,575 = 8.03%. Make that an increased stake of 369,019 and stock had to come from somewhere.Double check my maths.Have you heard from Matt recently...........lex.

[wbjunior] 17/5/2007 17:06

T Trade on plus at close 200 thousand at 1.78 , thats 1 million in old money, any thoughts out there.....................wbj

[wbjunior] 15/5/2007 13:59

Just back from 70 lengths swim and feeling knackered, not much news here either to inspire me Looks like a few more shaken out at a very cheap price to me, sparkling news just around the corner according to matt, hold firm and add on dips imho....................wbj resting now.lol
PS Matt13 get in touch old friend

[cosnova] 15/5/2007 12:41

large buy at 187p so can only assume the mms have a tree shake day!

[jason8466] 14/5/2007 12:31

Enjoy DDL,

I have just received my update from Marchpole regarding Barclays notification..... which form of communication was snail mail ?lol

They are too busy arranging deals to remember me lmao.....

[wbjunior] 14/5/2007 11:50

Have a good time dan.......enjoy............wbj

[dan de lion] 14/5/2007 11:36

Off for a weeks sunshine in Menorca this afternoon, see you all in a week.

[wbjunior] 13/5/2007 23:01

Analysis for MPH requested by wbjunior @ 07/May/2007 10:08

Take a look at Fingers £1 thread for MPH update charts and comments...............wbj

[lex1000] 13/5/2007 13:35

Previous posts illustrate how MPH seriously undervalued.True value lies somewhere between 200p and 500p.Open possibilities MPH build on growth and value treble from 200p to previous highs of 600p.No wonder then Funds continue to accumulate.Interesting to watch buying/re-rating in the period pre and post results.

"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."

and add in





remember to take into account revenues from perfumes



"Marchpole is trading at a huge discount to the general retail sector and analysts believe there are more deals to come."





MPH cheap.If you take what is in public domain even halve £4.90 you still get price of £2.45p.Shore Capital target price £3.31. Gives some ideas where Marchpole is heading & reasoning behind minimum value of 300p. aimvho.dyor.

[jason8466] 13/5/2007 12:08

mnnn monday should be interesting.
It seems the mm's again played with the share price on friday to encourage some sells, but they didnt get what they wanted.The mm's may have anticipated this article(or had prior knowledge.
I do like the projections on forward p/e lol.

[dan de lion] 13/5/2007 10:54

Just read the article and was beaten to the pen by Marben.

The luxury goods sector is the "no brainer" in investing according to the article,(my words).


P/E of 24.69 = £4.90 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[marben100] 12/5/2007 21:52

Interesting article in the FT this weekend, about luxury goods purveyors: . This bit is particularly interesting:

...Such strong growth attracts healthy share prices with many companies in this sector trading on high price/earnings multiples. Burberry is trading on a forward p/e multiple of 20.4 times for 2008, according to HSBC. And according to Citigroup the sector average p/e is a fairly racy 24.69. By comparison the S&P 500 has an average p/e of 17.64.

Analysts argue that in many cases these above average p/es are worth paying. Luxury goods are just as much about status as they are about quality and exclusivity and their demand tends to be relatively stable.

So, there might be a bit of mileage in Marchpole yet, on it's racy current year P/E of 9 ;0)

Thanks to TheFlaneur on TMF for highlighting this article.

[pricemilne5] 12/5/2007 14:18

Great news Barclays increased their holding. Should have a positive impact on the share price from monday.

[wbjunior] 11/5/2007 20:04

RNS Barclays holding over 8%, fund managers increasing their holdings, all good for MPH going forward, have a good weekend.................wbj

[dan de lion] 11/5/2007 17:59

Notice of results was on the 18th May last year.

[smarm] 11/5/2007 14:10

lex - I trade in and out of MPH usually 2.5k but sometimes 5k (stock). I'm £100 up on buy and hold. Not much but pays for ADVFN for a year ;-)

1.64600 1.72130
1.67000 1.66000
1.67700 1.89150
1.85000 1.87700
1.87900 1.87000

[lex1000] 11/5/2007 07:50

Dan de lion,BS hovering over 'BUY IF' button.Simply 'Holding' would save themselves all those fees and costs of switching in,out,back in.

MPH need return 189p-193p to match previous highs.Rises happen quite quickly,meaning benefit trends buy the dips & lulls before rise occurs.Watch for trades appearing over 195p,any news and waiting results.In meantime 187.5p is key.

edit:talking of dips and lulls.Yesterday last trade on PLUS 10/05/2007 16:13:08 191.00 10,000 O 19,100.00. We see 3 x 5k trades slipped in in quick succession this morning.Works both ways.

[lex1000] 10/5/2007 18:24

Trend of higher lows,higher highs.mms doing a very good job here tempting sellers out on the re-rating rise north and particularly retraces.Holders were denied 50p old money last time round and look to heading that way now.When you think of it, 40p is only 200p.Far better company today methinks.Marchpole is a strong hold,the strategy apart from adding that is.Target price 250p.Let's see positive follow through tomorrow.Need to test 200p first.aimvho.dyor.

[dan de lion] 10/5/2007 17:40

Once again British Bullsh*t get egg on their face.

[lex1000] 10/5/2007 15:47

On line quotes Bid 187.8p Offer 190.79p
PLUS

10/05/2007 15:04:09 190.79 7500 O 1430925.00
10/05/2007 14:59:12 190.79 500 O 95395.00

[lex1000] 10/5/2007 15:44

wbj,holdings in MPH increased by an additional 36% today.Doesn't come anywhere near to matching 78,000 shares someone bought @ 189p.No have not sold any o/t to make MPH purchase.regards lex ;o) [hd]

[wbjunior] 10/5/2007 15:26

Patience here as always but it looks like the only way is up imho. Just got back from fifty lenghts in the pool so great to see movement north, off to snooker with son around seven for a few frames. Looks like I will be able to afford the beer again.lol...................happy days ahead for all old and new holders hopefully........wbj

[lex1000] 10/5/2007 14:59

fwiw MPH look cheap to me,re-rating has much further to go and (huge)potential.Like the chart.bwdik! aimvho.dyor.

dan de lion - 10 May'07 - 10:48 - 1121 of 1127

Just looking thro` the FT at some P/E ratio`s:

Mulberry---23.4
ASOS-------37.9
L Ashley---27.3
Next-------16.4
M & S------20.7
T Baker----18.9



And of course our very own:-



Marchpole--9.0