Mereo Biopharma Share Discussion Threads

[taffee] 19/10/2007 10:09

having followed ashtead(aht)...some shares are just hammered down to get people to sell out.

Unless we have been lied to I feel that is what is going on here.

AND its happened before.

[argy2] 19/10/2007 10:08

About time Michael Morris got this sorted. Quick enough to take his enormous bonus.

[deanroberthunt] 19/10/2007 10:07

unglaublich!

getting close to cfd time me thinks.

[momentos] 19/10/2007 10:06

Hardman: The Complete Works (well nearly, excludes comment in the Monthly Report)






Might buy some more, bargain price.

[dan de lion] 19/10/2007 09:58

DRH:-
Thanks; I see that they actually state that they have ceased to cover MPH.

I see Mr 5,000 is still around.

[nardelli] 19/10/2007 09:54

I do not rember seeing a july hardman report or august come to think of it..

There is a note at the end of hardmans that says, ' they are independent valuations'

[taffee] 19/10/2007 09:45

thanks...what I thought....marchpole probably wondered what the point was judging by the sp

[momentos] 19/10/2007 09:37

Hardman probably ceased coverage as they had a "contract" to do so for one year only. Or this coverage was thrown in as a freebie with some other work they did for Marchpole - eg Company Valuation, see their website.

They first covered on Oct 6 2006, so that's the year up!!

[taffee] 19/10/2007 09:34

Is this independent research though....or do the companies pay?..i.e does marchpole pay for the coverage?

Do they also just stop coverage when they appear to have been totally wrong?

[deanroberthunt] 19/10/2007 09:32

yep, way way too much uncertainity here, market can't get a grip on figures, either now or going forward, so they'll keep share price depressed until the ship steadies...shame really, but heyho they're in my ISA and the divies pretty good (unless they take it back! lol).

rgs

[wbjunior] 19/10/2007 09:28

Thanks drh wonder why Hardman ceased coverage? cast's more questions as always.................wbj

[deanroberthunt] 19/10/2007 09:12

I think the loss of YSL and FD have been enough for the market to create some uncertainty, and we all know what Mr Market does when its uncertain....certainity should return with next results, but we do need a stable platform for us to be taken seriously....too many errors and changes over past few years to support a strong rising share price

[taffee] 19/10/2007 09:08

in 'normal circumstances' I would say the market is telling me there is something very wrong at mph,however, I have seen this before(plunge in 2006) and it was nothing.

Appointment of new fd would help

[deanroberthunt] 19/10/2007 09:07

Hardman and Co October monthly update:

[momentos] 19/10/2007 09:04

Agreed Nardelli.

Actually at 6/9 they should have had full visibility for H1. Orders are booked on delivery, not at order date (which is probably 6 months + before).

Can't say I have seen Hardman update (presumably you mean the monthly report rather than a Marchpole - specific one)

[wbjunior] 19/10/2007 09:04

Hardman have issued reports for other company's for October but not Marchpole as far as I can see, but they have missed the odd month before or combined two months coverage in one, probable waiting for November after results are out...................wbj

[nardelli] 19/10/2007 08:34

everyone has forgot to mention the outlets that MPH now own, the mark up is 200%, on wholesale, about 5 times cost ( guesstimate) as these are owned by London where do the numbers go, Three in france, for example, there was a comment from MM.
06/09/07 RNS MPH says in line with expectations, I cannot see sales falling of a cliff in the last 6 weeks,

[dan de lion] 19/10/2007 08:31

drh:-
Do you have the URL?

[momentos] 18/10/2007 21:54

Whichever way, this is a risk / reward scenario.

Downside = 80p , worst case 60p.

Upside = 200p and onwards.

At this price the risk / reward ratio looks pretty good to me.

[deanroberthunt] 18/10/2007 20:33

Wonder why Harman have stopped covering Marchpole....October update now out!

[momentos] 18/10/2007 18:40

Yes, but from 8/8 Interim Mgmt Statement it changed from

"Ungaro are in-line with expectations" (bla bla, worldwide)

to AGM 9/9 Statement:

"Ungaro are in-line with our expectations" (bla bla UK and EU only)

As has ever been the case with Marchpole you often have to look at the nuances and what is included in one set of results / trading statements etc but not in the next....

Hope that "our" has limited or no significance, but given much of the AGM statement was a cut and paste from the IMS it may not have!

[dan de lion] 18/10/2007 17:37

"Ungaro are in-line with expectations"

As this is the one that the full year estimates are all relying on, all the other stuff was a fairly well known factor, both Brokers will be quoting from the info that Marchpole has fed them, the extra plus will be Greenmark doing better than expected, potential £7 million to the top line(Hardman), So we should be looking for up to £80 million for the Full year and perhaps up to £35 million for the first half.

Sorry for being so simple.

[eagle eye3] 18/10/2007 17:04

this is a different company now without YSL, we may have some idea of the turn around in november or march 08. if all is ok then. watch it rise, untill then this a hard call for funds.

[wbjunior] 18/10/2007 16:43

Barclays seems to have been happy to hold and add so perhaps they know something most others don't, here's hoping, bye all on way out.............wbj

[momentos] 18/10/2007 16:33

Perhaps the overhang has its roots in the Pernod Ricard sale earlier this year (29 May).

They got these as part of the JCC takeover and made a tidy sum on them.