Mereo Biopharma Share Discussion Threads

[cosnova] 14/8/2008 08:06

Someone purchased 50k after the market closed yesterday looks like an order is being filled an the expence of the price

[tibibar] 13/8/2008 16:20

Bill - don't worry, my wife has never stopped kicking me since the share price fell out of the sky!!! I no longer entertain the hope of making a gain, but I live in hope that I might one day recover some of my losses and that I will then be allowed out of the dog house and back in the matrimonial home!!! In the meantime, if anyone has a spare bone?!

Regards Tibibar

[billbarton] 13/8/2008 15:16

This all reeks the same way that the MPH did before Morris tried to take it private last time. I could kick myself for not selling out at a decent price earlier. I, like everyone else on this board, have known for some time that this character is not to be trusted and cares not a fig for shareholders but simply in lining his own pocket. Only reason for holding now is the vain hope that he will be replaced (difficult), or put in jail (more likely).

BB

[marben100] 13/8/2008 14:15

Hi,

Sorry I haven't been around for a while - and won't be around much in the near future, due to personal circumstances.

Firstly, I would like to say that I echo momentos' views regarding management of the business and director payments. Glibly collecting a FTSE100-style bonus in a year when we have seen almost total destruction of shareholder value is IMO, outrageous and totally unacceptable.

Were it not for the Atlas rescue, ISTM that MPH may have been forced into administration, given the dire year-end cash/debt position.

I expect to attend the EGM. AIUI a 75% majority of votes is required to pass the special resolution which is required to give effect to the Atlas deal. I intend to vote against the resolutions, unless Michael Morris agrees to return the bonus awarded last year, as a sign of good faith to minority shareholders.

Whilst I have little doubt that MM has worked hard in securing the interesting looking deals that have been announced, Greenmark has certainly not worked out as shareholders had been led to believe it would. In the world of business, rewards can only justified by achieved financial results, which most certainly have not been demonstrated in the case of Marchpole.

Regards,

Mark

[dennis russell] 13/8/2008 13:29

the collective term for accountants is a 'quibble'

[eagle eye3] 13/8/2008 13:28

hopefully the new team are involved

[dennis russell] 13/8/2008 13:28

the collective term for accountants is a 'quibble'

[momentos] 13/8/2008 11:48

Two?!?!

Justin Hampshire (October 2005) then John Harrison (July 07) then Ray Harris (March 2008) then John MacCauley (August 2008)

Harrison / Harris were stand-ins stepping across from non-exec roles when they couldn't get anyone else, MacCauley joined in July 2007, up to FD in March 2008.

Is there a drought of accountants? Hmmm....

[verulamium] 13/8/2008 11:37

To lose one FD may be regarded as a misfortune, to lose two looks like carelessness. Now Marchpole have gone beyond carelessness into the realms of fishiness.

[0o0] 13/8/2008 11:10

Yet another FD walks.

[master rsi] 13/8/2008 10:36

A mark down ( 3 MMs moved prices lower earlier one after the other 8:22am ) and no sells reported, most likely wanting business so finding the price that investors are ready to trade.

Link to trades at .....

[master rsi] 11/8/2008 09:58

Easy UP easy down

MMs on the defensive now after last week mark up, and any sell the share price is brought down strait away.

[momentos] 08/8/2008 18:32

Sold none, merely redeclared based on the revised total shares in issue (post Atlas) then bought some.

[dennis russell] 08/8/2008 17:34

Barclays sold a chunk and bought back 10 minutws later. Establishing a tax-loss?

[phuckerty] 08/8/2008 12:45

Hi
Recieved notification and voteing form today.
All those in favour say YES.
Regards

[dan de lion] 08/8/2008 11:38

Wonder if there will be a write up in the weekend financial supplements, will be in the financial mags next week, could spark some interest.

[master rsi] 08/8/2008 10:06

BREAKING the TREND is HARD to DO

[dennis russell] 07/8/2008 19:07

the announcement of the JV gave the impression that MPH will make to DK style - so the margin to the new company will be normal with the profit shared 90/10 mph/dk

[eagle eye3] 07/8/2008 16:42

How bad can MPH be if DKNY are prepared to do this deal, although we do not know how much profit the new company is allowed to make with DNKY on board cost plus 15% 20% is my guess. an idea of the turnover would be helpfull.

[shareraider] 07/8/2008 16:38

2nd of the top 5 on the home page for the day, let's see what tomorrow brings...

[0o0] 07/8/2008 15:54

Bloody shame Morris could not get the DKNY news out before Friday 1st of August when the placing price was set. Though I suppose that was all part of the plan.

[shareraider] 07/8/2008 15:34

this stock is looking like a solid recovery play, mid to long term now looking very promising.

[eagle eye3] 07/8/2008 15:28

had an order filled at 15 this morning, can anyone remember where Morris has his options priced

[0o0] 07/8/2008 12:39

Marchpole Holdings was back in fashion as the clothing group raised £2.5m and signed a deal with French-owned fashion giant Donna Karan International Inc.

The UK small-cap said Atlas Design AB had subscribed for 1.36m shares at 11.5p and £2.34m of 7% Convertible Secured Loan Notes 2011.

Net proceeds of the fundraising will be used to fund growth and for general working capital purposes.

In a separate statement, the firm gave details of a joint venture and strategic licensing agreement that will see it source, design, produce and distribute a full range of DKNY menswear apparel in New York.

Marchpole's first collection under the agreement will be for spring 2009 and will carry the DKNY Black Label.

The initial seven year deal has an option to double the length of the licence.

[hyper al] 07/8/2008 12:11

Looks like inflation is going to get out of control!