Mereo Biopharma Share Discussion Threads

[wbjunior] 13/7/2007 15:46

Rivaldo thanks for info on Hardman, all looks great to me and what about the significant acquisition lined up?........................................off out have a good weekend everyone..................................wbj

[deanroberthunt] 13/7/2007 15:45

will seem cheap when one looks back from 2010 and its £10.

[rivaldo] 13/7/2007 15:13

FYI Hardman's latest note is just out. They've increased their valuation from 175p to 240p, and got 19.8p EPS this year rising to 26.3p EPS next year:

[wbjunior] 13/7/2007 11:54

Op's spoke to soon , lost the 2p early gain, snakes and ladders come to mind. Holding firm bounch back to £2 level very soon imho...................wbj

[jason8466] 13/7/2007 10:54

well we have not seen 150 and we are back on the way up to 200p. I read with interest people who have no shares in this company but still take the time to make a negative post. strange that, I wonder why.

I have no worries concerning this stock and the long term replacements for YSL that are already bearing fruit and Mr M assures us of more contracts and aquisitions. There have been so many add ons in the last couple of years that I truly believe we will have exceptionally good results for the next couple of years.

Yes i would have liked to have seen more transparency in these figures , yet us PI's have too get use to not always getting what we want. i note lots of BB's where there is never enough news or never enough profit on never enough public relations. And then the lemmings jump ship and those negative posters buy in after slagging off the company 2 days earlier. How sad.

keep well all especially today

[dan de lion] 13/7/2007 10:50

Well, there is no buying going on, but, the price has gone up?

[daverw] 13/7/2007 08:59

wbj,
Thanks, divi always useful for a ISA topup.
Honestly thought we would see 200p before 150p here.
Guess you never know. A little more positive today.
Regards

[wbjunior] 13/7/2007 08:55

dave should be , moving up thankfully.........................wbj

[daverw] 13/7/2007 08:50

When is the next divi payment. September???
Regards

[lex1000] 13/7/2007 08:28

Good morning.MPH oversold and cheap.Agree with everything wbj says in post 1730.

[sensei10] 13/7/2007 07:26

Very oversold now.

[kneath] 13/7/2007 00:54

Nah - I am the keeper of the asylum..hah..hah-haha...hoo-haha-hahahahahahahahahahahaha.....!

[fardistanthills] 12/7/2007 21:45

Well at least you're not doing solitary wbj!
Ye n' me n' a few more too, he he, he he.

[argy2] 12/7/2007 18:32

and Robert Maxwell

[dan de lion] 12/7/2007 17:35

They used to say that about Alan Sugar(Sir).

[argy2] 12/7/2007 17:33

Sadly this stock is unlikely to ever achieve the rating many would like with MM at the helm. That said even a greatly reduced rating would see the price rise from this level assuming the company reaches its targets this time round.

[polzeath] 12/7/2007 16:51

They get a lot of nutters LOL :-)

[wbjunior] 12/7/2007 16:47

This stock seems to have huge upside potential.

No one can claim that the company is not delivering. At the prelims released late June, earnings were doubled achieving a pre-tax ROACE of over 50 per cent and, on a post-tax basis, cash-flow to earnings of 2.

This area of the market is the least likely to be hit by interest rate worries and the international basis of the sales also mitigates against any concerns in this area.

I have run a fair value forecast based on consensus earnings of 21.1p for 2008 and 30.7p for 2009. My computer models indicate a 12m fair value of £5 with the price continuing to rise sharply beyond that date.

This looks as if it could become a ten-bagger.

On a current PE of 7, yes 7 at a price of £1.56, this stock is a raging buy provided you don't expect the world to end tomorrow!!!

Sometimes when the world appears to be going mad you can wonder whether you are outside the asylum looking in or on the inside looking out. I think I am on the outside on this one!

Any views?

Borrowed from interactive.....................wbj
PS My thought's precisely on the asylum point, I must be inside for holding so long he he .

[cosnova] 12/7/2007 14:16

price recovering a bit, but can't see much buying,
unless there is a buyer in the background?

any comments

[bletherer] 12/7/2007 12:57

200 day moving average and trendline support are at around 135-140p currently. A move back to test those looks quite likely now but I am hoping that buyers will start getting the upper hand at those levels. Much lower than that and we would be in trouble, technically speaking. Barring bad news I would almost guarantee an initial bounce of 20-30p from trendline support so there will be some traders getting in on the act at those levels (it's a low-risk trading opportunity). You can look at what MPH did in late 2004/early 2005 as a good example of this (see long-term chart in header): fell back from highs, hit trendline support and then bounced retaking 50% of the previous losses. Unfortunately that proved to be as good as it got. Hopefully this time round the bounce will be harder and sharper, but as ever newsflow will ultimately determine the longterm direction.

[kneath] 12/7/2007 12:38

I was stopped out at 175p (- oddly enough a stop I had forgotten I had trailled-up. Lucky) But I would love to buy back in shortly on a reasonable dip.

[argy2] 12/7/2007 10:44

I may look sub 150p.

[wbjunior] 12/7/2007 10:36

top up time once again ............wbj