Mereo Biopharma Share Discussion Threads

[momentos] 06/2/2008 16:32

Agreed Mick, I am sure L2 will show it. Buys @ 16.88 despite spread shown, Plus markets spread was at 15-17.5.

Any sell substantially over NMS (3000 I think) has been getting knocked down below market bid. Anyone selling 120k would be lucky to get 16p.

[mick33] 06/2/2008 16:17

absolute certain buy

[dumbarton2] 06/2/2008 16:15

Doubt it.

Market jiggery pokery imo.

Someone sells a large order and the mms put it in at mid to confuse youn and you then the mms move price and everyone assumes the share price is on the move again.

Could be a buy but its just as likely a sell.

[dramatis] 06/2/2008 16:14

just for the record, i got 677.7 :)
thanks for the mental diversion.........

[momentos] 06/2/2008 16:11

Thats a buy (120k @17p) and a touch of bleu. Bid up to 17p.

[momentos] 06/2/2008 13:09

GOt 732.9!!

[momentos] 06/2/2008 11:59

I quite liked this one:



Best we don't mention this one!!

[pingi] 06/2/2008 11:20

momentos - I prefer this one.

[momentos] 06/2/2008 11:04

This bit?

"pingi - 17 Nov'06 - 11:31 - 1908 of 2728

Anybody else have trouble viewing this thread in FireFox?
News panel & 1st post overlap."


As I have pointed out above, I believe the company may have contributed to its own current problems by discounting YSL sellthrough (setting lower price precedent) and blighting potential Ungaro sales.

Moda's failure is a separate issue, but the core problem is UK Margins.

The actions causing the current problems imo stem from the period post Nov 2006.

[pingi] 06/2/2008 10:45

momentos - just reread part of our exchanges Nov/Dec 2006 before I left.
Will have to read again in full... very informative.

[momentos] 06/2/2008 10:19

Ungaro - potential 25 bagger!

Anyone wanting a safer punt on the future of Ungaro should perhaps look here:



Helicopter transport to the course available on request.

(Grand National Odds)

[momentos] 06/2/2008 09:31

Good, isn't it?!

They also get a balance sheet stating net assets at 12m. But by the time you

- write down the intangibles from 10m (say, by 5m),
- knock a couple of million or so off the stock / inventory valuation
- add a couple of million to debt due to deteriorating balance sheet / trading

.. you are only left with net assets of c3m. Then you have to pay a couple of million to get rid of Morris (employment contract). All to get a company with destroyed trading margins about to encounter potentially hazardous retail conditions.

I'm sure they're queueing up!

[dan de lion] 06/2/2008 08:17

So, anyone with a spare £5 million could now buy MPH picking up JCC, Moda, Homebody, Homemummy, UK rights to Oswald Boetang, Greenmark, The world wide rights to Ungaro and Emmanuel Ungaro plus all the other various deals ie:- Jean Charles de Castelbajac /Rossignol, Jean Charles de Castelbajac/Okaidi, Jean Charles de Castelbajac /New Era, JCDC/Lee Cooper.

[momentos] 05/2/2008 14:56

Twist that knife..

[deanroberthunt] 05/2/2008 14:22

Marben...I think its pretty obvious what my name is, I'll mail you tonight.

[marben100] 05/2/2008 14:18

Header update fine thx momentos (could drop the TMF reference now if you want). I'd prefer to have real names but can live without at this stage if people are reticent.

[momentos] 05/2/2008 14:08

Manifesto:

Truly Independent Non Exec Directors
Transparent Remuneration etc committee
Censure of Directors for failures to inform market
Sanction for directors for such failures
Removal of Executive Deputy Chairman Role.
Appointment of new, stronger other executive directors

Hmm thats a few for starters!

[momentos] 05/2/2008 14:03

Updated header

[momentos] 05/2/2008 13:52

Thanks Mark, I will do so later.

Presumably you don't need real names etc at this stage (in case this puts some people off), but some indication of holding / loss suffered.

[marben100] 05/2/2008 13:45

As suggested by momentos I have set up a disposable e-mail address, so I can be contacted more easily: [e-mail]

Please e-mail me on that address if you are or were a shareholder interested in taking some action about the current state of affairs.

I am not making any promises but if any action is to be taken it may well be more effective if we act collectively.

Cheers,

Mark

[penrynner] 05/2/2008 13:29

Hmm very reminiscent of 1999.

[deanroberthunt] 05/2/2008 13:27

In that case, i believe your suggestion to contact the Institutions to see if they intend to gain some redress, may be a prudent one.....I Shall discuss this further with Marben.