Mereo Biopharma Share Discussion Threads

[wbjunior] 16/10/2006 20:41

Hi tufty
I think all that need to be said about MPH and the future has been said, keep smiling and I will be around for Christmas dinner with Mrs WBJ as usual............wbj
PS Unless MPH goes north then your on your own.............................lol

[tuftymatt] 16/10/2006 18:37

petersinthemarket,

This company could not stop talking when everything was going well and for around 2 years has been very cagey IMHO.

An RNS saying good news will see the price rise for a few weeks and then profit taking will kick in again as the short term players run off with their quick gains. The price will then drift back as it has done every time since Nov 2004.

Those who got lucky in the 12pence area will not agree as they have seen a nice profit via buying and holding but most out there have not.

To be honest I am tempted to buy some at this level as I feel some news could come soonish but as I say if I did it would only be for a quick profit.

Good luck to all and hello WBJ, DDL and Lex.

[wbjunior] 16/10/2006 15:22

Dean
I agree they need to be transparent on the labels as to the revenue generated by each, showing that they are open and candid about proceedings and then investors will be more prepared to jump on board......................wbj

PS Why the buybacks not kicking in at this price beats me.

[deanroberthunt] 16/10/2006 14:56

The market won't move this imo until they have a clear sight of the impact of the YSL loss....so really we need MPH to indicate underlying revenue + profit without YSL......both current and future

[mick33] 16/10/2006 12:09

The director buys in the last few months imply to me that the company WILL deliver

[petersinthemarket] 15/10/2006 14:22

I have been watching this thread now for many months, but in all honesty I could equally have been watching it for several years and the status of MPH would still have remained unchanged.

Others evidently believe this may continue further, perhaps for months or years. Most recent posts: ''...may cause concern when reporting next years EPS figures'', ''...confidence in long term sustainability''.

I understand patience, and long term commitment, and so on, but from my viewpoint these virtues are beginning to look like excess.

Pls dont trouble me with fundamentals. I am already convinced. I can easily see why this Coy might be valued more highly, but the market evidently does not agree.

What about opportunity loss. Shareholders' invested capital could surely have been working much harder elsewhere. It is a cardinal rule in stockpicking not to become emotionally involved with a choice of company.

Q: Would I buy MPH today?
A: No - so why even hold it today?

My post is not meant to be critical of stock holders. I was, and still may be, considering a stake in MPH, but I dont understand why existing holders continue to hold at the moment. For now I expect to watch from the sidelines.

If anyone would care to enlighten me, I would be most interested to hear any reasoning for a timespan in which this stock might reasonably be expected to deliver. I am only interested in the time span.

Is this stock ever realistically likely to deliver?

[dan de lion] 15/10/2006 11:30

The answer is JCC and Ungaro in the States and UK,Homebody,Akaidi,the Emirates,the treking range(all new) plus their current partners in Japan and Korea etc and anything else they pick up.

[wbjunior] 15/10/2006 11:02

dan
That should bring some impressive growth in my view, but will we be able to maintain the high level of revenue after this year when YSL finishes? and the higher level of stock building by outlets of YSL this year, may cause concern when reporting next years EPS figures. I believe MPH will be able to maintain 6 million after tax for the foreseeable future discounted by a generous 8% , valuing the business at 75 million and thats assuming no growth at all. The present company market valuation is at a discount of 64% to its no growth value imho and the only reason it has not increased substancially is confidence in the long term sustainability (20 years) of the business. Have a good sunday regards........wbj

[dan de lion] 14/10/2006 16:52

Some of where the growth for next year is coming from:-

Ungaro Homme is sold in 10 Debenhams, 10 Moss Bros and five John Lewis stores, and Morris is aiming to triple these key accounts to 30, 30 and 15 stores respectively next year.

JCC has about 24 accounts in the UK and Morris said he wanted to grow it rapidly to 100 in the next two to three seasons.

[wbjunior] 13/10/2006 16:54

Thanks Lex and u regards wbj

[andyok3] 13/10/2006 16:04

paint dry yet??

[lex1000] 13/10/2006 15:07

wbj, MPH will get there eventually.Know all eggs in one basket can be frustrating time & again seeing other stocks blue.No i'm not going to mention any. Take care and have peaceful enjoyable week-end.

[wbjunior] 13/10/2006 14:24

Looks like investors have gone ashore again for two fried eggs, perhaps they will come back next week. Have a good weekend everyone wbj signing off for another static week....................wbj

Matt still waiting for E.Mail, could do with an update pls.

[gswredland] 13/10/2006 07:05

thanks dan de lion.looking forward to some good results soon..

[lex1000] 13/10/2006 00:27

deanroberthunt,agreed.

[deanroberthunt] 12/10/2006 17:42

sod it i'm buying some more in my ISA.....this is grossly undervalued and will be re-rated, eventually, how will they be able to justify an MCAP of 25-30m when they're doing 10-12m profit!!! forward order book just for Autumn/Winter is 40m thats the whole of the turnover for last financial year!!!!

[wbjunior] 12/10/2006 12:49

Where are the buyers? probably "Gone ashore for two fried eggs" who knows..........................wbj

[dan de lion] 12/10/2006 07:53

Interims were on the 16/11th last year, could be a little later this year as there is more to add up this time!

[gswredland] 12/10/2006 06:50

when are results guys please?

[dan de lion] 11/10/2006 19:18

11/10/2006 16:00:09 104.25 30 O 3127.50
11/10/2006 14:23:07 104.25 1000 O 104250.00
11/10/2006 08:21:10 104.24 7000 O 729680.00
11/10/2006 08:18:44 104.20 3846 O 400753.20
11/10/2006 08:07:35 106.98 1200 O 128376.00

[lex1000] 11/10/2006 11:07

Hi wbj, market obviously wants to see actual numbers.As previously posted ain't in a hurry,happy waiting for 2007.Future target trading 150p-250p.

[markycrispy] 11/10/2006 10:49

Has that paint dryed yet !

[wbjunior] 11/10/2006 10:46

Lex perhaps there won't be a trading statement before results as they have already stated figures regarding forward orders back in July, so perhaps its another waiting game right up to results time. This company always keeps you on yer toes..........regards...........wbj
Ps the numbers look fabulous must move soon, but I've been saying that for 2 years.................lol