Mereo Biopharma Share Discussion Threads

[wbjunior] 19/9/2007 09:03

No worries fozzie you will soon surface and see the sky line, I have already topped up and will continue to do so when funds permit. Off out with mrs wbj for the day may splash out on a pub lunch................lol..................wbj

[fozzie] 19/9/2007 08:42

Morning wbj, smiling away down here on the sea bed. A blue day everywhere so every reason to be happy. A busy day today though. I will be selling a few others today and staying in cash for a while. I think there may be more pain to come even if we follow suit with a rate reduction. rgds Foz.

[wbjunior] 19/9/2007 08:32

Morning all holders, should see the base rate cut soon imo and a little blue so all makes for a brighter day, keep smiling especially those under water..........................wbj

[smarm] 18/9/2007 21:15

Lex - you can see PLUS market trades on ADVFN. Goto trades and then prefix with PLUS e.g. PLUS:MPH.

S

[wbjunior] 18/9/2007 14:40

Some shrewd investors seeing the potential here. At 5p+ dividend and a 5% bank discount rate mph is worth £1 just for receiving the dividend alone forgetting the other 15 earnings and with the divi cover over 5 times no worries on that score............No worries has to turn round ......wbj
Just back from 30 length swim, fully refreshed and ready to go lol

[momentos] 17/9/2007 13:08

Lots of activity, 50k 25k 44k being thrown around....

Bets there is a bit of Director dealing / share buyback going on.

[momentos] 17/9/2007 12:36

Ouch!

NOw thats a distressed sale...
But then again there is a 25k buy over this side...

[lex1000] 17/9/2007 12:20

17/09/2007 10:35:40 105.25 21,000 O 22,102.50

[argy2] 17/9/2007 11:50

LOL...priceless!

[marben100] 17/9/2007 11:27

Things can change in 18 days :0)

[argy2] 17/9/2007 11:24

If that were the case how come they were buying just 18 days ago?

[marben100] 17/9/2007 11:10

If the company is in possession of undisclosed price sensitive information, then they are not allowed to buy AIUI. If an acquisition is in progress, that would count as such information. If they want to buy a retail chain, then prices should be pretty good right now (somewhat of a buyers market I think?). If they do buy a retail chain, I guess market reaction will depend on the terms - though in present conditions I'm not sure that any such announcement will be well received.

There are a lot of "ifs" in there but time will tell.

Chin up people, this is one for the long haul. The current share price is discounting an awful lot of earnings pain.

Cheers,

Mark

[argy2] 17/9/2007 10:19

Somewhat surprised that if the Company considered it prudent to be buying their own shares at c.125p very recently then they should be hoovering up any loose stock at current prices to counter the apparent 'shorting' in regular 5000 blocks by a bear of the company.

[jamesjoel] 17/9/2007 10:05

Why is the price continuing to slide?
fundamentals are very good are they not?

Could do with some directors buys !

[marben100] 16/9/2007 17:55

By the interims MPH should have excellent visibility of the full-year outcome. They advised at the AGM that the spring/summer 08 order book closes on 15th October. So, we just need to wait for the interims, the outlook statement in those results, and any adjustments to Hardman's forecast as a consequence to get a pretty good idea of the full-year result.

I suspect that the UK consumer will come under pressure over the next year or two, so that period will be a tough test for MPH's business model. If it comes through that test well, then Mr Market should sit up and take notice. We'll have to wait and see.

[deanroberthunt] 16/9/2007 12:09

looks like she's heading back to 110p....pays a good divi thou, doen't she.

[wbjunior] 15/9/2007 15:59

Already topped up with my divi money last week before I got it and the price dropped, story of my life, lol. Patience will win the day here and hopefully good interims may kick start activity soon. Interesting to see how we do post ysl and onwards, should hit 20p followed by 28p therefore forward p/e of 4.2 and peg of 0.1, crazy I know....................wbj

[eagle eye3] 15/9/2007 13:44

Thank you marben for that, if enough dividend money goes back in, I cannot see much downside the london fashion week is selling next summer's range, having taken orders and delivered this winter's range therefore the company know's what is sold this winter, if they say inline with expectations, it proably will be even if MM tweeks his bonus. I see no reason why Hardmans forcast will not be met,

[g8ta] 15/9/2007 10:43

marben100

Thanks for confirming that.

I think that market jitters, and certainly cases like the Northern Rock business, are having a knock on effect with MPH as with other shares. As 1h is at the end of this month, I would have thought any bad news would have come out at the agm. Two months to interims so there could well be further drift down, but with so much positive news from MPH, it will be top up time again with divi.

[marben100] 15/9/2007 00:23

Apologies for the confusion - I was working from memory, which failed me :0) - yes, the Hardman f/c is for 19.8p and, yes MPH did confirm at the meeting that that was what they meant by "expectations".

Cheers,

Mark

[momentos] 14/9/2007 19:44

BTW, imagine marchpole does an EPS of only 10p (very unlikely) vs analyst ests of 19.73 / 21.2.

STILL on a PER of 12, much lower than its peers! Analyst forward PERs are around 6.

Strange in the extreme. If this was a trendy oily, given the potential it would be about 1000p. Think I'll buy some more!

Whilst not protected from the high street, Marchpole doesnt sell particularly to the lower end of the market, the first to be hit by an economy caused retail squeeze. They are not immune, when (if) the middle classes start squealing they will feel the pain. But perhaps not anywhere near as bad as others.

[momentos] 14/9/2007 19:29

Drapers record, May 2007

[momentos] 14/9/2007 19:26

Personally dont begrudge Morris his £1m. He used his contacts to bumper sell YSL in the final year, good job.

I think this is retail sentiment given current economic conditions, combined with geographical returns showing UK still dominates, US/EMEA weak (detailed in Annual Report) combined with YSL overhang...

Doesn't deserve such a caning perhaps but such is the way of Marchpole.

BTW from 1/1/2008 we get royalties on JCC DouDou perfume, 3% of perhaps e50m sales. Possibly £1m clear to add to bottom line annually.

Anyone wanting to see Boateng / Ungaro product should try John Lewis. No sign of YSL, some very good looking suits in the YSL / Ungaro stuff for around 300-500. I saw the Bluewater stuff.

2007 may turn out to miss forecasts but the groundwork is truly done for a storming 2008.

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