Mereo Biopharma Share Discussion Threads

[master rsi] 27/8/2008 11:34

deanroberthunt

Glad and hope that you managed to find a few recovery stocks, though the economy is not in a good shape for the recovery of their business, some shares have drop very heavy and there is a change of a good pull back

ZOO is looking like is doing much like MPH, at least today

[gumberr] 27/8/2008 11:28

ARGY2 - 27 Aug'08 - 09:48 - 4544 of 4554 -you are right the price is tosh!

[deanroberthunt] 27/8/2008 11:06

Master....see ZOO, fella...its off, I now troll the threads looking for classic recovery stocks...based on your knowledge, thx

[master rsi] 27/8/2008 10:59

thing are looking better as some good size buying the last 25K got the bid higher

Link to trades at .....

[master rsi] 27/8/2008 10:30

It will scroll if the size of the THING is bigger than the size of the height 425px, it always can be ajusted to your request

place your
thing
here
now
and
then scroll shows
place your thing here now and then scroll does NOT show, cause the THING to see is not larger than the table size

[master rsi] 27/8/2008 10:19

............</p>

[dumbarton2] 27/8/2008 09:36

Master whats the code for placing a scroll on a thread?

[deanroberthunt] 27/8/2008 09:35

thx, could you post it on the main ZOO thread, please..tia

[argy2] 27/8/2008 08:48

GUMBERR

Usual tosh I see.

[taffee] 27/8/2008 08:38

some news on the way I guess...on this share its so bloody obvious..perhaps a bid!....come on put us out of our misery

bet they got a new fd

[cosnova] 27/8/2008 08:37

nice to see the price moving in the right direction on a few buyers for a change

[gumberr] 23/8/2008 13:51

not worth touching this one - every rise will be accompanied by a fall - because Barclays will continue dumping - so obvious!

[deanroberthunt] 22/8/2008 18:43

Master...

Could you have a look and do your charting bottom bounces thing on ZOO.

thx

[master rsi] 22/8/2008 09:59

From the TELEGRAPH
Zara is now bigger than Gap -- By James Hall Inditex, the Spanish group behind clothes chain Zara, overtook Gap last week as the number one fashion retailer. James Hall looks at its reclusive boss and its unconventional winning formula

Spain's richest man does not drive fast cars. Nor does he take fancy holidays. He doesn't even have an office. Material possessions have never meant a huge amount to Amancio Ortega, 72.

But last week he took ownership of something he has wanted for a long time; the number one spot. He saw his Inditex clothing company leapfrog Gap, the preppy US giant, to become the world's largest fashion retailer.

Inditex, the parent company of Zara, the phenomenally successful fashion chain, said that sales over its first quarter were €2.22bn (£1.7bn). Over the corresponding period Gap - for years the dominant force in global fashion retailing - saw sales of €2.17bn.

For the intensely private Ortega, a railway worker's son said to be worth £17bn, the accolade vindicated more than two decades of hard graft. Since 1975, when the first Zara store opened in La Coruna, a port town in a remote corner of northern Spain, he has grown the business to a 3,700-store behemoth with seven chains spread across 68 countries.

From his futuristic HQ known as The Cube, just outside La Coruna, Ortega had taken on the giants of global retailing and won.

More on retail
So how has the Spaniard, who has never given an interview and has allowed only two photos of him into the public domain, managed to take Gap's scalp? The answer lies in Inditex's unique business model that - unusually for a retailer - gives it total control of its supply chain. The company also has an internal culture that defies corporate norms. There is little hierarchy and there are no staff handbooks at Inditex, the antithesis of the mega-corporations.

Little is known about Ortega, but the available information gives a good insight into how his company works.

Ortega is, say colleagues, "incredibly humble". One former employee said: "There is nothing colourful about him as a person. The colour comes from what he puts into the business. He spends every day working in the business, he works on the design floor, and he is the first in and last out every day. What has happened at Inditex is a culmination of his life's work."

This work ethic permeates the company, and can have a divisive effect. "People either stay for a very short amount of time or a very long amount," said a former employee. "It is like a religion. There is a strong culture within, and cultural fit is really important. It is not a business that is driven by manuals or rules and regulations, it is more a visual and aural business. If you work at Gap you get a manual to tell you how to go to the loo and how to lock the door. Inditex is not like that."

Ortega is known to be a busy investor in both property and equities, and he has several active investment vehicles. For example, he has stakes in BBVA and Banco Santander, the banks, and in June last year he bought a retail block on London's Oxford Street. "His pleasure is his investments," said a friend. This attention to financial detail is replicated within his own company.

But the most noticable thing about Inditex is its business model. Tony Shiret, retail analyst at Credit Suisse, explains how it works, using Zara as an example. The retailer is based on "virtual" vertical integration, he said, in that it has total control of the production process - from loom to shopfloor - but does not own all of the production assets.

"The cloth is prepared and dyed by third parties in northern Spain, although Inditex owns stakes in the dying companies. The cloth then comes into Zara's very big warehouse. Zara does the design and cuts the cloth into component parts for the garments, and then the sewing is sent to be done by contractors," said Shiret.

"The gear then gets sent back to the warehouse for pressing, labelling and packaging and then it is despatched direct to stores. Unlike other retailers there is no intermediate warehousing. The quality is variable because of the production methods but the fashion tends to be a strong feature, albeit more in tailored products than casual ones," he said.

The advantage of this integrated process - unlike the traditional manufacturer to middleman to retailer system - is that it gives Zara speed and flexibility. Clothes go from design studio to shopfloor in two weeks. The retailer can adapt its buying patterns quickly. Trends that fail are ditched, while production of those that do work can be increased. Zara comes into every fashion season committed to only 60 per cent of its ranges. By comparison Next, the UK retailer, is 80-85 per cent committed, analysts reckon.

Zara produces 22,000 product lines a year, compared to a four-figure industry average. Its store managers have autonomy in the clothes they sell - they are offered two large ranges each week by HQ and select the style, sizes, colour and quantity themselves. It is impossible to imagine such freedom in, say, Marks & Spencer branches.

[master rsi] 21/8/2008 09:04

Someone is selling large today 62.5K and 50K

[taffee] 20/8/2008 15:31

shows it doesn't take much to move this stock

[master rsi] 20/8/2008 09:06

Looking like the MMs had enough of the mark down and price is having a pause

[master rsi] 18/8/2008 10:34

EVO the only MM at bid 12p has just moved lower to 11p with the rest and now 3 of them at bid ( no trade reported so far )

2 MMs at offer 13p

my days of being able to tell YOU the Level 2 soon will be over as I cancelled it last month ( but one pay it in advanced and must give 1 month notice)
Reason: I am out of the market ( full cash ) for the last 40 days so not much point in paying over £40 a month

[master rsi] 15/8/2008 11:25

And still moving lower, MMs just making sure one can buy them cheaper, but no takers so far.

Wonder what happen to the buyers on the day of the news, "momentis" included?

There will be plenty of time to tuck them away at much lower price, the economy is in tatters and it seems around EUROPE are much the same, so no recovery in sight yet.


Time will come for everything, just now LUNCH.

[eagle eye3] 14/8/2008 13:52

still it cost MM much more than us