Mereo Biopharma Share Discussion Threads

[tuftymatt] 19/10/2006 16:30

Get some SL. lex like I said a while back and push here into the 300's

[lex1000] 19/10/2006 15:35

oilies and metals doing well.mph flat as a pancake,re-deeming feature pays divi.mentally made allowances to get some bad news out of the way (such as OB etc) and company to deliver strong trading figures/profits.Believe mph will return previous highs equal to 185p in it's own time.Regret not highlighting JKX as did far5 and JKX @ 280p.Supports personal strategy of spreading money across stocks and sectors.Choices of quality.

[cosnova] 19/10/2006 11:59

peter

some punters have 20 day credit on their account.

[lex1000] 19/10/2006 11:54

Interesting chat on stop losses,averaging down, aspects of market making and shares which have been oversold to bargain price.

[petersinthemarket] 19/10/2006 10:21

What is significant about 20days?

[cosnova] 19/10/2006 07:37

We are now within the 20day period to the 6 month interim so hopefully the proof will be in the pudding,

I notice a few people hoping for the price to drop

Keep holding

DYOR

[petersinthemarket] 18/10/2006 18:10

Ref averaging down - Tks for contributions.

Personally, I do set stop-losses, but not automatics - I like to decide what to do if a SL is breached. Not always an easy decision, but I always sell on a profit warning, or if the causal announcement uses words like difficult conditions, lower margins, strong competition, etc; I guess you know what I mean.

Occasionally an share price plunges a long way before I can get to it. It happened earlier this year with AHT whilst I was moving house.

In this situation I reckoned the share had become worth so little that it was hardly worth selling and I might as well hang on and pray for recovery.

I average down only rarely, but basically as you said it depends on the strength of the company.

In AHT's case I thought the sell-off was well overdone, so I started to buy near the bottom and brought my average cost way down. Subsequent rises have put me back into profit, whereas not averaging down would have left me with a thumping loss.

So there we have it. I think the averaging down question is nowhere near as straightforward as some would have us believe.
PIM

[wbjunior] 18/10/2006 17:35

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

Will there be news soon, perhaps at the Interim announcement............wbj

[deanroberthunt] 18/10/2006 13:06

email sent, lets see what their Company to Shareholder PR is like....

[wbjunior] 18/10/2006 12:41

Dean try this contact

raj, sandhu
[e-mail]

wbj

[tuftymatt] 18/10/2006 12:31

The old FD was good for some though he never e-mailed me back!!

Maybe the new one would be worth a try.

[deanroberthunt] 18/10/2006 12:08

trouble with these small caps is the lack of newsflow is painful......I would like to ask them to give me a breakdown of the current revenue split i.e. YSL / Everything else, who's best to contact and do you have an email address?

thx in advance comrades

rgs

[wbjunior] 18/10/2006 11:06

Pim
I would agree with you if you can see that the business you have bought into is not performing as you had expected, but if the margins are increasing and the return on equity is good why not take advantage of a lower price. Either you believe your valuation is better that the markets perception of value or not. I believe MPH is trading at a considerable discount to its intrinsic value and therefore a margin of safty exist. Good luck with your investment approach.........wbj

[tuftymatt] 18/10/2006 10:38

Very true advice Peter but to be honest I have done it many times and in the end made a big profit.

Last time was just over 2 years ago with cpl and I sold out at the top in June o4. Many sleepless nights from the lows of 5p but at the end of it I have to say that when I hit the sell button it was one of the best deals I have ever done and I felt a real big buzz.

Very dangerous though but then again so are most things that get you buzzing!!

SL. has me in the mood at the moment......bring on the takeover.

[petersinthemarket] 18/10/2006 10:31

In many investment books we are told it is a cardinal sin to average down. Big losses can occur this way.

The accepted method is said to be to use a stop loss, sell out if the SL is breached, and if the share still looks good value at a new lower price, buy again.

What do others think?
PIM

[wbjunior] 18/10/2006 10:22

Fardistantihills

Hopefully you topped up on the way down to lower your average price, I got in again as low as 14p and have brought my average price down below 20p. Good luck and hold firm this must turnround soon..................wbj

[taffychaff] 18/10/2006 08:28

how about everybody hurts by rem.

[taffychaff] 18/10/2006 08:25

just hold on just hold on
When you're feeling like you can't go on just hold on.

lol!

[fardistanthills] 17/10/2006 21:53

taffee, having paid 33.5p two years ago and still holding, I find your comment encouraging! Holding on is hard to do. Ought to be a song about it.

[tuftymatt] 17/10/2006 14:21

taffee,

Try telling that to those that paid 36p two years ago.

[taffychaff] 17/10/2006 13:54

skinvestor..........having been involved in market making I can assure you that is a great plan....most private investors sell out of fear when nothing is happening...their mind wanders and imagines things irrationally.

Thats why people stranded on desert island without company gradually go completely mad....market makers have sophisticated software which shows more information than you would believe, they can literally see the amount investors are losing and just turn the knife...when they are finished they move the price to a different level...the ONLY way to win is to hold

[wbjunior] 17/10/2006 13:54

Hope so skint otherwise I believe we may as well throw the finance books in the bin.......................patience as always......wbj

[skintvestor] 17/10/2006 11:09

I`ve noticed with previous consolidations that the share price has hardly budged for ages, whilst the small shareholders sell out. I experienced this with MyTravel and British Energy, and eventually they really started motoring. Hopefully, this will happen to Marchpole. So I think it`s a case of being patient, and hanging in there. IMHO

[gashy] 17/10/2006 10:50

Just a bit of old news to keep you interested!



LONDON (AFX) - Fashion brand management group, Marchpole Holdings PLC said
the current financial year has started well with deliveries and orders for the
autumn/winter collections at record levels.
In an AGM statement, non-executive chairman Christopher Phillips said the
company's spring/summer 2007 collections for all its brands have been well
received and forward order books are building in line with expectations.
The integration of Moda America, the US licensee for Emanuel Ungaro,
acquired in March 2006, has been successful and immediately earnings enhancing.
The Moda operations are expected to offset the termination of the YSL
licence in December 2006.
"Marchpole is well placed to capitalise on future licensing opportunities
and suitable earnings-enhancing acquisitions

[tuftymatt] 17/10/2006 09:06

wbj,

Christmas dinner with you this year is off.

Those 6 polish families living in my garage have to get a treat once a year....LOL