Mereo Biopharma Share Discussion Threads

[lex1000] 23/8/2007 10:23

More than made up for MPH losses.o/t anyone else follow me in to PET 60p-70p,mentioned again 70p-80p currently 107p-110p.Good entry dips anything 100p-110p.Amazingly cheap under 120p.aimvho.dyor.

[wbjunior] 22/8/2007 15:17

Top up time with divi money for me and others hopefully will kindle some interest back in mph. Back to 25.5p price before consolidation, never would have believed it, looks like the learning curve continues..........................wbj

[argy2] 21/8/2007 17:09

I think you mean............ what's down?

[wbjunior] 21/8/2007 14:43

crazy market movement, with forecast earnings of 20 and 26 forward earnings, what's up?.....................wbj

[lex1000] 21/8/2007 14:25

Slip of the keyboard......months September 2007 to November 2007 more favourable.

[argy2] 21/8/2007 10:39

One would hope so!

[lex1000] 21/8/2007 09:56

Blue.MPH should tick up more as we move into months November to February.

[dan de lion] 21/8/2007 09:54

Cheers wb, never mind will soon drift back up, that 5,000 is on top of my current holding, it`s on a T20.

[wbjunior] 21/8/2007 08:31

Welcome back dan, hope you had a good holiday, sorry price drifted down when you were away..............................wbj

[dan de lion] 21/8/2007 08:27

Have bought 5,000 @ £1.3175.

[wbjunior] 20/8/2007 09:01

morning all, positive start to the week, hopefully more of the same....................wbj

[nardelli] 19/8/2007 14:01

the company and hardman have already indicated the results, and I would think the company has a good idea of orders that do get contracted, ie regular customers, even with a slight drop in profit I'm sure the bonus pool will be adjusted....
this is still to me a bargin stock, even with the markets in melt down.

[marben100] 18/8/2007 14:26

..on the more positive front, I note this, from the directors' report:

"The directors consider the business model to have a low risk. ... Only when sales orders have been contracted are purchase orders placed with reputable manufacturers thus giving the Group a forward view of at least 6 months' revenue at any time..."

So, by the AGM (which is on 6th September), the company should have a pretty good idea of revenue for the full year 2007/8. No excuse for profit warnings after this date!

[marben100] 18/8/2007 13:29

Good afternoon all,

MPH annual report plopped onto my doormat this morning. Unfortunately, there's nothing new in there that I find positive (but I haven't finished studying it yet). Two niggles that I spotted:

1. The board awarded themselves hefty salary increases & bonuses. Total board remuneration up from £0.78m in 2005/6 to £1.67m in 2006/7. MM was awarded a bonus of £852,000, taking his total remuneration to £1.12m. Whilst 2006/7 was a good year and I'm sure MM worked very hard, this is rather a big chunk of profits. On the plus side, I guess this means there's plenty of scope for "cost reduction" should results be less exciting in 2007/8.

2. I was a bit surpised/disappointed (perhaps I shouldn't be?) that the UK still made up the vast bulk of turnover & non-UK business were loss making overall. Non-UK turnover was down from slightly over 25% of the total to slightly under 25%.

Nonethless, if Marchpole meets forecasts (and, as I've mentioned before, they have indicated to me that we have no reason think that they won't), then they still look rather cheap at the current share price

Regards,

Mark

PS glad to hear you had a good time ddl. Nothing special happened, apart from the stock market gyrating wildly, while you were away.

[dan de lion] 18/8/2007 11:29

Back from our hoiday in Florida, had a great time, theme parked up to the eyeballs, went to Cape Canaveral to watch the shuttle, noisy thing.

Anything of note happen in the three weeks we have been away?

[retiringtype] 17/8/2007 10:04

Saving their cash for the imminent acquisition perhaps?

Buying in your own shares only makes sense if you have nothing better to do with surplus cash

[argy2] 17/8/2007 09:44

Wonder why the Company don't see this as an opportunity to 'buy in' some of their shares?

[polzeath] 17/8/2007 08:27

Good luck, wbj. If MPH's mgt has been honest about the replacement businesses being sufficient to substitute for the loss of YSL, all you holders have to do is sit out this uncertainty and these market gyrations, time will restore the share price to the appropriate level for the profit being made.

[wbjunior] 17/8/2007 08:17

polzeath thanks for that read, just goes to show how panic makes a great buying opportunity for investors, good luck..............wbj

[polzeath] 17/8/2007 06:37

However, most private investors tend to have one thing that institutions do not have - nerve, the ability to hang in there. Over time that can pay dividends.

If the ups and downs of the market over the last 18 months have proven anything, it is that holding one's nerve is perhaps the hardest thing to do.

[polanski] 16/8/2007 12:54

crikey I sold at 181p simply from frustration - and lots of luck!

Pol

[lex1000] 16/8/2007 10:03

Hopefully things will improve come month of September.

Big players chuck billions at markets making their money out of volatility up or down.Yesterday saw forced selling,forced selling to cover margins and forced to sell good stocks.Big players would have known that in addition to -ve sentiment re:subprime.

"Wednesday marks a key deadline for some investors because of a 45-day redemption notice period at several hedge funds. source £an ADVFN competitor ADVFN competitor"

al911 - 15 Aug'07 - 22:03 - 25685 of 25710
Wr, hedge fund redemptions due in 45 days, today was the last day to sell no matter what the stock price was, forced sellers really.i.e forced sellers

[argy2] 16/8/2007 09:28

Nearer 12k and no buyers yet....MMs are looking for a level.

[wbjunior] 16/8/2007 08:32

6000 sold and marked down 3, seems fair enough?..........................wbj

[eagle eye3] 15/8/2007 19:38

barclays buy 4.3% in 5 weeks. and the priceis still down, guess we all wait for the jump up.