Mereo Biopharma Share Discussion Threads

[lex1000] 19/7/2006 22:25

momentos,

Sincerely would like Matt to post his thoughts on Marchpole with regular updates.

Would like to hear from Tufty too even if only to say still around.

Cannot cast the first stone for I have sinned,been bearish on MPH,however,that's the nature of the beast and markets.Possible to turn bull to bear & bear to bull.

Speculated on share price movements purely on trading and sentiment ignoring fundementals.Yes traded MPH.As guilty of being accused of being fickle as the next person.Put money where mouth is,posted what doing when doing it.

Ultimate sin of mentioning off topic companies,personal favourites, rising shares,money to be made when MPH sat doing nothing or weakness in share price

Guess there are purist investors who hold through thick & thin 35p-37p down to 12p-13p and in between.Personally believe one can be a long term investor even if there are periods, for whatever reasons, one is not holding shares.Spoken from time to time about consideration given to banking (some) profits.Option buy back cheaper.

Do not see the point in sitting on massive paper losses when more comfortable sitting on cash to re-invest when the time is judged right to do so.Open to make money elsewhere is one choses. The proviso is that you remember to buy back and not lose money on investing elsewhere.

Some peeps sell at a loss often forget to buy back cheaper only to see share price fly away.There is always the option and nothing prevents paying a premium to get back in.Nothing is set in stone,flexibility,thinking on your feet is all part of the game.For instance anyone selling @ 18p may have to pay 19p-21p to get back in if judgement is MPH a buy.We all get shaken out at bottom,could be stop lossed,panic or whatever.

There is more than one way of doing things.Healthy to have contrarian views, if genuine,expressed in context with reasons and not deliberately misleading and or mischievous.For instance remember getting bashed for selling on the way down @ 22p-23p.Experience has taught that biggest losses when get too emotionally involved.

The aim is to make more good decisions than bad,learning from ones mistakes. Always DYOR and decide for yourself.

It therefore speaks volumes when investors and followers on the sidelines re-invest and provide reasons for doing so.Good reasons to be optimistic & bullish.

We're all here to help each other with the aim of making money by one means or the other and having fun.

Keep smiling folks,enjoy life for we only pass this way once.

regards

lex ;o)

[wbjunior] 19/7/2006 22:14

"But it is healthy to have your faith tested from time to time!"

Momentos I think we have all been tested with this share with or without your thoughts, its been a rough ride so far, but made more enjoyable by all the contributions and good humour of all who post. Your quote is food for thought..........Regards.........wbj
PS Passed my bedtime now, sleep well everyone could be a cracker tomorrow.

[momentos] 19/7/2006 22:02

Mind you, things are looking a little dodgy now, might sell tomorrow...



[not]

[cr4zyness] 19/7/2006 21:56

lets enjoy the day, seems they are a rare event these days in the market!!

Roll on tomorrow

[momentos] 19/7/2006 21:36

Nice to be "defended", that's all people were doing really, but I would prefer it if Matt felt he could post here again. People have been mauled from time to time on MPH threads - worst perhaps Verulamium when he made the effort to go to the Boateng court case and posted the result truthfully here. CR also recently, he is a good value hunter from what I've seen but I'm not sure what he has against Marchpole... He is thick skinned enough to take it I think (or else he wouldn't start so many threads) so I don't see a problem.

He and wbj are right, I am fickle and when I'm bearish I AM bearish... which naturally is going to annoy the cr*p of any long term holder.But it is healthy to have your faith tested from time to time!

[lex1000] 19/7/2006 21:19

momentos, just seen your post.btw the fanclub remark was meant as a qualified lol! probably my humour being too subtle and wide of the mark-again.Compliments to your goodself,Brindy,WBJ,ARGY2 et al consistent with what I have written before.Nice gracious reply from you.

[lex1000] 19/7/2006 21:13

From t'other MPH2 thread,those who have not seen and in the header on this for all to read the growth potential.

momentos - 6 Jul'06 - 19:07 - 25 of 26


Investors Chronicle 7 July 2006: GOOD VALUE

Marchpole's pre-tax profit figure may have been static, year on year, but this time around it was actually depressed by one-offs. Specifically, the legal costs and start-up losses relating to the design and administration of the Ungaro brand depressed profits, knocking a net £900,000 off the bottom line.

Of more concern is the ending of Marchpole's Yves Saint Laurent licence in six months' time, although this will be partially offset by the debut Ungaro Homme collection, due for launch in autumn/winter 2006. Marchpole has a number of key accounts that will be affected, including Debenhams, John Lewis and Moss Bros.

Still, the growth of the Jean-Charles de Catelbajac (JCC) brand - which Marchpole owns - and the acquisition of Moda America, in March, look promising. In particular, Moda has strong relationships with distributors in the US that can be used to enhance the promotion of the JCC brands. In fact, since its acquisition, Marchpole has now doubled the number of JCC licence agreements, and the company's forward order book now already represents 80 per cent of last year's sales.

House broker Shore Capital has upgraded its current-year adjusted pre-tax profits estimate from £6.6m to £7.1m (from £4.9m in 2005-06), giving EPS of 3.5p (2.6p).


momentos - 14 Jul'06 - 09:09 - 26 of 26


Drapers Record 8th July 2006

Marchpole on acquisition trail despite losing YSL.

Marchpole is in talks to secure a trio of new brands by the end of the year.

The deals, which could be licences or acquisitions, will help fill the gap left by Marchpole's YSL licence, which expires in December with spring 07 product.

Marchpole executive deputy chairman Michael Morris, who set up the YSL licence about 30 years ago, said he was sure Marchpole would continue to grow. The brand house already owns French brand Jean-Charles de Castelbajac (JCC) plus the licence for Emanuel Ungaro and the Ungaro Homme diffusion range, and Morris said expansion in the UK and abroad was the key to its future.

Ungaro Homme is sold in 10 Debenhams, 10 Moss Bros and five John Lewis stores, and Morris is aiming to triple these key accounts to 30, 30 and 15 stores respectively next year.

JCC has about 24 accounts in the UK and Morris said he wanted to grow it rapidly to 100 in the next two to three seasons.

Morris also plans to build JCC's wholesale accounts across Europe, Russia and the US and is in talks for a distribution deal in the United Arab Emirates.

[momentos] 19/7/2006 21:13

Not me with the fanclub but the thread and its contributors really. Takes all the people here to make it what it is...

[lex1000] 19/7/2006 20:58

Nice strong rally across the pond.Looks to finish 200+.

[lex1000] 19/7/2006 20:18

Momentos,your fanclub coming out of the woodwork today.

Can't please some people all of the time.Please keep doing what you do.

Do not pretend to be the greatest of posters myself.Good post of yours at 347,if I may be permitted to say so and up to your usual high standard.Hopefully will draw out,spellchecker suggesting alternative "invite?" more discussion and information about MPH the company.Open to hearing from the privileged (alt. "favoured") few.

I have to put my hand up to buying and selling MPH for my sins.Out 22p-23p on shares 20p-23p and those bought higher up 29p-32.5p! Naughty lost money selling,don't you just hate being human,a mere mortal subject to making mistakes.Hopwever,shares went down to 12p-13p as we all know.Rebought 16p on way up from 12p-13p out at 18.3pish (O/B news) back in lower out again 22p-23p when undecided.Invested elsewhere re-invested sub 20p & topped up again sub 19p.

Nature of investing these days keeping portfolio and individual shares under constant review.Individually must do what suits and works for us.

Welcome all that you bring to this thread, very appreciative, value all your contributions whether you are in or out of Marchpole.Funny heat has got to me and probalby some others as well.You have to smile for life is not for taking too seriously all of the time.

Must mention WBJ,Brindy, ARGY2, Tufty wish he would drop back in "occasionally" and others for making thread what it is, "home." WBJ learning all that he has without losing a penny.Greatly respect his humility,belief,patience, above all humour and staying power.

Feel there is a strong case to be currently invested in MPH & HOLDING.Dividend yield is respectable and will improve for those who have bought low when share price heads north in the direction of 30p. imho,dyor.

[lex1000] 19/7/2006 20:03

What a lively thread today.Spellchecker come up with alternative suggestion "lovely?" lol.

[momentos] 19/7/2006 19:32

Brindy - yes fingers spot on the mark...



MPH - 22.50p .. well, there is no doubt that it has broken out of its downtrend of the last 18 mths, and although the price may need to consolidate for a while to rebuild its strength, I don't think it will be returning to its lower levels during the forseeable future.

...

Historically, 18.00p has been a strong resistance level, but I reckon that it will have now reversed to strong support, which can now be looked upon as its 'ground floor level', should the price feel the need to retrace at anytime

[momentos] 19/7/2006 19:27

I think I dislike indecision, I prefer it when the market decides it either likes the share or doesn't, not all the vacillating in between!

I'm normally only out with what I consider to be good reason, unexplained lost fds and the like...

[wbjunior] 19/7/2006 19:25

Momentos
I have always said when your bullish your very bullish and lovely to have you on side, but when out, your very very Bearish but thats the nature of you I presume. I am long and if I could turn the clock back I would have been in and out of these like a Jack Rabbit, but sticking with what I believe is a good thing is the nature of me I guess, will I never learn? Keep smiling each to their own...........wbj

[momentos] 19/7/2006 19:20

of course.....

[dan de lion] 19/7/2006 19:19

Momentos:-

Your posts are in general very helpfull and informative, although the tone of them does change depending on if you are out or in!

[cr4zyness] 19/7/2006 19:19

Momentos,

I would like to thankyou for your contributions, carry on ramping if this is what happens to share price lol

Im not complaining, also wbj,brindy and lex good posts, I knew it was oversold!!


free stock charts from ADVFN.COM

[brindy] 19/7/2006 19:16

momentos

Nice reply !

[wbjunior] 19/7/2006 19:16

Lex today has relieved a little pressure I think that had built up over the last week from investors here, all looks to be good and I await the trading figures. I have pencilled in EPS of 3.3p for the year, but that was before learning that revenues to date were 40 million plus , so I shall have to revise my figures. As you know Shore have already forecast higher anyway for this year so all is looking good longterm as far as I know. That said the market never fails to amaze me, never thought these would go sub 20 again, there you go. Keep up the good informed information.......................regards................wbj
PS holding firm.lol

[momentos] 19/7/2006 19:15

BTW I do not "trash" Michael Morris. I have in the past highlighted comment made by others about him and articles in the press regarding his departure from Marchpole.

I respect him as a businessman, how much I trust him with my money is another thing. That is a judgement call I continue to make, he has form you cannot deny it..

[cr4zyness] 19/7/2006 19:14

Momentos,

I would like to thankyou for your contributions, carry on ramping if this is what happens to share price lol

Im not complaining, also wbj,brindy and lex good posts, I knew it was oversold!!


free stock charts from ADVFN.COM

[brindy] 19/7/2006 19:13

LOL ! I need to get the same broker as MM !

BTW I'm off from approx 11.30 am tomorrow (might just get back before the close) then off to Yeovil early Friday am until Monday pm. (Cricket tour - not playing but supporting/drinking !) Got a game of golf nr Salisbury on the way.

[remynapoleon] 19/7/2006 19:10

re. post 345 Or sold outright.

Also maybe the companys share buy back has started.

remynapoleon

[momentos] 19/7/2006 19:09

13Matt13, fair comment and you are entitled to your opinion.

But my intention is to provide a forum to discuss news that is "out there" concerning Marchpole. Unfortunately I do not have the luxury of your "very good private investor relationship with the company". If all 1500 shareholders did they would never get any work done.

I do not wildly speculate (Please give an example). The only thing I have speculated on recently is the source of the recent sales / weakness, I would be surprised if I am not right, so it is hardly "wild". I judge on the information in front of me. Including due diligence on the accounts. Working Capital looking healthy isn't it?

The list of shareholders provided is not speculative. The news articles are not speculative. The vast part of the header to this thread is neutral in its content. My intent is to bring what information I can about Marchpole together in one place, for ONE REASON. SO people WILL do their own research.

I have my opinions, and ways of trading. With MPH, I get out when things look bad, in when things look good. It works with this share due to the volatility, it does not with others. I see no point in holding from 25p down to 12p back to 25p when I can sell at 23p and get back in at 15p, making a turn of 8p. But I (and indeed this board in general) do not criticise people who do - you and wbj for example I presume.

This company has at times given people plenty of reasons for concern in the past. This causes changes to my opinion as I am sure it does it does to yours. I am entitled to that opinion and will continue to express it.

I do not intend to influence the actions of others, any more than you do in your private e-mails to wbj, they can do their own research. All posts are in my opinion only and should be taken as such, as with EVERY post on ANY bulletin board. The vast majority of sellers recently were short termers on the back of the Naked Trader, if anything I have been trying to encourage them NOT TO SELL!

I contribute to a discussion and would encourage you to do so also. I thank you for doing so by expressing your opinion above.