Mereo Biopharma Share Discussion Threads

[dan de lion] 13/9/2006 12:13

"It is not envisaged by the board that this authority will be exercised in the foreseeable future"

From the Report and Accounts page 69.

[nardelli] 13/9/2006 11:13

the company is buying back upto 10% of the stock, at no more than 5% above the last week trading average, subject to vote at AGM, posted last week by MPH...
read it for yourselves, that is why spread is up. ( I think ).

there is no buyer.......... but there is

[dan de lion] 13/9/2006 10:44

Timed at 08.01!

[argy2] 13/9/2006 10:09

What about the 100k you mentioned 43mins ago?

[dan de lion] 13/9/2006 09:56

Wonder why we have moved to 23.75, with no apparent buys at that time?

[wbjunior] 13/9/2006 09:27

Steady climb to results will suit me , seems reasonable with the new business mph are now doing........wbj

[argy2] 13/9/2006 09:16

Only 119 to go then.

[dan de lion] 13/9/2006 09:13

100k buy, is that the first instalment of the 12 million! I wonder?

[fozzie] 13/9/2006 09:07

I suppose one should be grateful that we are languishing at 23p and not under 15p where we were earlier in the year but it is taking an interminable time to come to fruition.

[dan de lion] 13/9/2006 09:02

I wonder if we will get a trading statement in Oct, there was one two years ago on the 12/10/04.

Anyone get to the AGM?

[argy2] 13/9/2006 08:59

Or maybe even wishfull thinking and/or ramping?

[outsourcer] 13/9/2006 08:41

nardelli - is that speculation or fact

[gb2005] 13/9/2006 08:24

Nardelli,

Sounds very promising ... where you got it from?

[nardelli] 13/9/2006 08:08

best to keep the price down now, if you know there is a buyer for 12 million next week

[gb2005] 13/9/2006 00:23

Why sell at this level when it just about to reach above the 23p. With FTSE gets to higher ground, US turns up, good news and and no problem-orientated AGM sale and if there were no sales into the starting strength, they could see 24 or 25p at the end of week. Would it not be a better timing to sell then, if you have to sell >50,000?

Wonder what intention they keep share price down this level? Who are the sellers ... can not be loosing nerve or profit-taker, aren't they?

[wbjunior] 12/9/2006 17:49

Dan , to use a saying from Big Brother "I don't get it" I'am baffled by the low share price, but patience and results will move it eventually............Regards..................wbj

[dan de lion] 12/9/2006 17:33

Well however you look at it a forward P/E ratio for this year of less than 6 is ridiculous!

Oh well, the next milestone is in approx eight weeks, patience will be rewarded,

I hope!

[deanroberthunt] 12/9/2006 16:54

sector average is around 18/19 I believe....

[argy2] 12/9/2006 16:48

Difficult to know what p/e this one should be on. Traditionally always been low given their past record but if they can show sustained growth that will no doubt change in time.

[dan de lion] 12/9/2006 16:35

I see that KBC Peel Hunt have put up their forecast wef yesterday:-

this year -------next year
7.57 3.79 0.76, 7.58 3.79 0.76

Increased this years and substantially increased next years forecasts!


Forward P/E ratio of 15 for this year would put us on a share price of 57p.

[lex1000] 12/9/2006 15:18

Looking around market i'd say holding neutral mid 23p is good going.Chart and uptrend intact.We can wait.Momentos back with us soon.

[cosnova] 12/9/2006 15:03

No new news from the AGM so a few sellers,

However it is London Fashion week next week and the six month interim is up at the end of October so from the bullish statement by the Chairman we should expect some good figures (issued on the 11th Nov last year) Hold DYOR

[cosnova] 12/9/2006 15:03

No new news from the AGM so a few sellers,

However it is London Fashion week next week and the six month interim is up at the end of October so from the bullish statement by the Chairman we should expect some good figures (issued on the 11th Nov last year) Hold DYOR

[wbjunior] 12/9/2006 14:57

Marchpole is well placed to capitalise on
future licensing opportunities and suitable earnings-enhancing acquisitions."

More to come imo, the market can only hold out for so long, earnings will entice punters back in sooner rather than later, off for swim..........................wbj