Mereo Biopharma Share Discussion Threads

[taffee] 04/11/2008 15:35

perhaps the fsa might like to investigate what looks increasingly like a disgrace

[eagle eye3] 04/11/2008 15:34

stupid question, what happens to the DKNY subsiduary,if it in fact did get going ?

[marben100] 04/11/2008 15:26

If MPH does go under, as now looks likely, I think a BERR enquiry into the conduct of the MPH's directors would be in order. In particular regarding recent substantial bonus payments.

"Statement re. Suspension

At the AGM the Board of Marchpole announced, 'that trading conditions in the current financial year continue to be extremely difficult as a result of the deterioration in consumer markets, following the ongoing global financial crisis.

The Board is taking all appropriate measures to deal with the current challenging economic environment and is maintaining a regular dialogue with the Company's bankers, in common with most other businesses exposed to the retail sector.'

Pending the outcome of those discussions the Company has, accordingly, requested that the FSA suspend the Company's listing and trading in the Company's shares on the London Stock Exchange pending clarification of the Group's financial position."

[eagle eye3] 04/11/2008 15:13

looks like it

[stevi1111] 04/11/2008 15:03

Umlucky guys....

It appears they're bust.

[cyberpost] 04/11/2008 15:01

Suspension


RNS Number : 4193H
Official List
04 November 2008


NOTICE OF TEMPORARY SUSPENSION OF LISTING FROM THE OFFICIAL LIST

04/11/2008 3:00 PM

TEMPORARY SUSPENSION

MARCHPOLE HOLDINGS PLC

The Financial Services Authority ("the FSA") temporarily suspends the securities set out below from the Official List effective from 04/11/2008 3:00 PM at the request of the company pending clarification of the company's financial position:

[eagle eye3] 04/11/2008 13:57

Morgen Stanly call's bottom of the market. Obama wins and stocks have a rebound upto year end, then wait for bad news in Jan and Bang.

[eagle eye3] 04/11/2008 13:47

clearly things are worse as it's gone global, but if the DKNY deal works out MPH should be saved but it will take longer may help that MPH is world wide and not just UK, Dollar profits changed to sterling should add a little too. Anyway Louis Vitton is huge and should not go under owing MPH too much. Hope we get an idea in december.

good luck

[dan de lion] 04/11/2008 10:32

Lord Buffet you bought 100k two days before the AGM, did what you learn at the AGM make you more or less confident that it was a worthwhile purchase?

[remynapoleon] 04/11/2008 09:53

Lord Buffett

Would you care to elucidate ?

remynapoleon

[lord buffett] 03/11/2008 20:21

Well I was the only P.I. at the AGM (well there was one other, but noone who posts here) and I learnt quite a bit about how things have changed since August... especially the various parties' perceptions.

(The piece quoted is dated 1/4/08 by the way, fact.)

[eagle eye3] 03/11/2008 17:48

thinking about DKNY would they get involved with MPH if they thought it would go bust.

[eagle eye3] 03/11/2008 16:20

not at all, atlas was first mentioned by marchpole in August They have done their research and gone in with the backing of a pension fund knowing all the problems, and more importantly Morris is no longer free to do as he likes with atlas on the board and 30% of the company... Eyeryone has taken a hit in the last year if you can get over the shock of going into a slump there is a good chance you can get out the other side, but in this case only because they have a new contract with DKNY,otherwise Atlas would not have come on board. What is MPH worth if they show a 3 million profit in 17 months. 13-15 million thats 10 times todays price. But it could still go under...

[lord buffett] 03/11/2008 15:08

That Atlas press piece is from March/April time, so is not new and pretty much pre-dates the current troubles; the outlook has changed quite a bit since then.

(That's not to say they don't still have those aspirations of course.)

[eagle eye3] 03/11/2008 15:04

I was thinking of buying atlas but it's private. Joop is good brand I always buy some when I'm in Gremany. my average is now 39p toped up with 45k this morning, probably have another go in new year if not bust by then.

good luck all

[cosnova] 03/11/2008 13:57

very interesting article, looks like morris will be moving over and his legacy
will hopefully be the DKNY, noted a few decent buys as well

[remynapoleon] 03/11/2008 10:27

Good research eagle eye3.

Many thanks.

remynapoleon

[eagle eye3] 03/11/2008 08:54

going bust, I think not

Start
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Latest published
Atlas Design to be Europe's leading fashion house


Atlas Design to be Europe's leading
fashion house in accessories 'hip and up'

Atlas Design AB and the Sixth Swedish National Pension Fund have entered into a long-term partnership in which the Sixth Swedish National Pension Fund will acquire a 24.5 percent holding in the family-owned Atlas Design via a new issue of shares. This is intended to lead to Atlas Design becoming Europe's leading fashion house in accessories 'hip and up'. The goal is a turnover of SEK 1.5 billion within five years.

Atlas Design is currently one of Sweden's leading brands in accessories, neck ties and shirts for men and women. The company aims to continue to expand in the European market. This expansion will be brought about through both organic growth and acquisitions.

"In our estimation, Atlas Design has excellent prospects for taking market share both in Sweden and abroad. The company is well-run, the brand Atlas Design is strong and manufacturing under license well established and the company has a solid reputation," says Mats Augurell, responsible for AP Partner Investments, Sixth Swedish National Pension Fund.

Its vision is to become Europe's strongest fashion house for accessories 'hip and up' – for men and women. The focus will be on four divisions: Atlas Design's own brands (Atlas Design and Guthrie & Valentine), brands under license (Joop!, Bugatti and Tiger of Sweden), private labels and a verticalization aimed at strengthening the company's own brands.

"Through our broad range of experience and our strong brands, we aim to increase and take market share in all four of these divisions, both in Sweden and on the international market," says Allan Ladow, Atlas Design's CEO and partner.

Atlas Design was founded in 1943 by the Ladow family. Its head office in Gothenburg employs 60 people and the company has affiliates in Denmark, the UK, Norway, Germany and Italy. "The journey we have now embarked upon is really very exciting and the biggest single investment in the company's 65 year history. In the Sixth Swedish National Pension Fund, we have acquired a committed partner and the structural and financial muscle that we need for this expansion," says Allan Ladow.

For more information, please contact:
Allan Ladow, CEO, Atlas Design AB, tel. [phone] or [phone], www.atlasdesign.net

Mats Augurell, Business Area Manager, AP Partner Investments, Sixth Swedish National Pension Fund, tel [phone] www.apfond6.se

Images for free publication: Helene Elwing, tel [phone], [e-mail]


Atlas Design AB, Banehagsliden 2, Box 12124, 402 42 Göteborg, Tel [phone], Fax [phone] E-mail: [e-mail]

[dan de lion] 01/11/2008 12:05

I must admit that I think that the DKNY deal will be the saving of MPH, DKNY are massive and I should think they would not like the new menswear lines to fail especially after sinking their goodwill into MPH, there could be tens of million of pounds of orders for their own retail outlets, never mind the rest of the world.

There is a risk, but the upside could be huge.

[eagle eye3] 31/10/2008 17:25

seems people are forgetting someone put in 2.5 million pounds and directors bought a new deal with DKNY they should know more than us. I will take a chunk after elections in US.

[spec7] 31/10/2008 15:55

Just passing by.......this looks like a company on the way out. Glad i got out years ago..

[master rsi] 30/10/2008 15:15

Nice movement UP for the last 5 days, maybe just up with the market.

Link to trades at .....



it looks like at - plus market all were buyers for the last 3 days and every day paying a highe price

Trade Date Time Price Volume Type Consid.
30/10/2008 12:45:13 5.75 34,000 O 1,955.00
29/10/2008 13:58:21 4.90 2,000 O 98.00
28/10/2008 16:29:00 5.00 40,000 O 2,000.00
28/10/2008 11:29:54 4.50 10,000 O 450.00
28/10/2008 11:29:52 4.00 10,000 O 400.00

[eagle eye3] 30/10/2008 15:05

as I said before it looks unlikely to go bust now but we will all know in a few months do I double up now or later???????? who knows

[dan de lion] 30/10/2008 11:48

Hardman forecast breakeven for this year in their October survey, out today, plus a large increase next year as the DKNY deal really starts moving.

[phuckerty] 29/10/2008 18:57

Hi
Picked up some more today.
Don`t know if this is bottom but sure are cheap.
Regards