Mereo Biopharma Share Discussion Threads

[momentos] 03/11/2006 13:55

COURT 63
Before LORD JUSTICE SEDLEY
LADY JUSTICE ARDEN and
LORD JUSTICE LONGMORE
Friday, 3rd November, 2006
At 10 o'clock
APPEAL
From The Chancery Division
FINAL DECISIONS
A3/2005/2874 Artpower Ltd & anr v Bespoke Couture Ltd. Appeal of Defendants from the order of Mr Justice Etherton, dated 6th December 2005, filed 19th December 2005.

Not sure who is appealing what in this instance(last published judgement was 28th July 2005, Ozwald Boateng is the "defendant", but it appears we are off again....

[lex1000] 03/11/2006 12:39

Agree rollover earlier.Very thin trading actual spread 99.01p-102.3p.

[lex1000] 03/11/2006 12:07

o/t CCT broken out above magic R=80p on thin volumes lets see if it can hold.Cud attract t/a and momentum buyers. Toy trade can be fickle however "everyfink" looks good on course recovery for this x'mas-target 100p.

Hoping MPH can breakout in similar "fashion". Both 75p and 100p respectfully important levels.Get the -ve stuff out the way,waiting good news eps more +ves now & going forward MPH fresh start 2007 including re-rating.Yes there have been better investments,MPH trading at discount until company convince the market.Do not imo underestimate the power of MPH.Usual provisos comments on what we know.Very quiet.The jury is out until company provide the information and confirmation.

[wbjunior] 03/11/2006 11:29

dan
agree with your projections , I have knocked 1 million off the interims to allow for legal and set up cost and still arrive at 9.5p eps for interims. I can see 9.5p being the minimum and 11p the maximum at Interim stage. Full year I would expect to be 20p+ all according to how the Boateng fiasco ends up and other costs associated with the new ventures...................Hope all is well with u and yours Regards wbj

[dan de lion] 03/11/2006 10:57

The 2 x 6000 on PM looks like a rollover!

[lex1000] 03/11/2006 10:54

Bargain hunters out today with two 6k buys gone through on PLUS.mms making a market.Always money to made from 100p level!

o/t CCT ticked up from 76.5p/77.5p first mention to 77.5p/79p edit: make that 80p offer.

[lex1000] 03/11/2006 10:19

PIM only very small holding here.

o/t watch CCT.Had its' problems in the past,new faces.Recovery play.High volume recently-thin volume today. Needs confirmed break above resistance of 80p.Breakout above 75p?

[petersinthemarket] 03/11/2006 09:58

Hi guys, I'm thinking of casting you all a medal for patience. I guess you must all have pots of cash as well, given the potential for missed investment opportunities elsewhere.

I've been an interested lurker on this thread for quite some time but regret I still cannot convince myself to join the club at the moment.

I guess the directors have been tearing their hair out trying to decided what to do for best as well, hence all the recent coming and going.

I note from the charts that around 100p has been a pretty reliable base for about five months now, with occasional breaks upwards. On the face of it that scenario looks very promising. With such strong support below and the lowest resistance upwards it looks a good speculative punt.

Unfortunately, the market rules, and at present the market still appears unconvinced. Maybe the directors should try to improve their PR skills.
Best of luck with results.
PIM

[lex1000] 03/11/2006 08:59

dan de lion,yes potential eps is mind boggling.Hence reasons significant director buying methinks! MPH to me looks incredibly cheap and believe potential share price of 250p is possible.First things first needs convincing breakthrough strong resistance @ 112.5p and breakout above 125p needs to be news driven.Strong support @ 100p why say buy 100p support not sell it.aimvho.

[dan de lion] 03/11/2006 08:54

Last year MPH made an eps of 2.6p on £38 million T/O, this year the first half could do that, that is a potential first half eps of 13p!!!!!!!!!!

Full year at least double that????????????

[lex1000] 03/11/2006 08:53

For the record held MPH shares watching rise to 37p failed to operate stop come trailing stop loss selling 23p-24p at a loss before share price went on to bottom at 12p-13p.Believe yesterday was a good buying opportunity possible for a little under a pound.

[lex1000] 03/11/2006 08:04

Keeping the faith.You never know christmas may come early!

[deanroberthunt] 02/11/2006 19:45

or saved from losses elsewhere........heyhum

[wbjunior] 02/11/2006 19:15

Dean, yes and it has cost me dear so far in lost profits elsewhere, but as Lex has stated it has taught me alot and should benefit me going forward, good luck......wbj

[deanroberthunt] 02/11/2006 16:49

wbj....your certainly not alone by any stretch, but I think we're all just a bit underwhelmed at the mo...,...but results in sight now, so chin up fella.

is this still your only stock?

[wbjunior] 02/11/2006 09:43

Morning all nice not to be the only one around, off for the day Christmas shopping with Mrs wbj. MPH had better perform as I'm running short of funds and patience...........................wbj
Anyone like mo predict the Interim EPS, Ill go first at 9.5p with divi of 2p

[deanroberthunt] 02/11/2006 09:29

I'll bet ya a fiva it won't......and I'm not talking about a rally to 115-120 and back again, I mean a proper breakout!

[dan de lion] 02/11/2006 09:18

Hmmm, Good results with good forward orders will move this share!

[deanroberthunt] 02/11/2006 09:11

the market will discount it, again, unless they clearly differentiate the YSL revenues/profit from the rest...imo

they'll just say, yeah yeah 6-8m profit, but how much contribution is YSL, cos until you tell us you can sod off.

[lex1000] 02/11/2006 08:58

MPH gotta be worth 125p-150p here and now.Shares look cheap on what we "know."Market waiting to be convinced and for that matter "T" traders as normally expect to see 10K-20K buys coming through pre-results, which is 50K-100K old money.

[lex1000] 02/11/2006 08:50

Good buying op 95p-100p methinks.Basically buying at or near 100p ,old 20p support.Money to be made here.Time will tell.

[dan de lion] 02/11/2006 08:40

The current financial year has started well, with deliveries and orders for
Autumn/Winter collections at record levels.


Got to be worth another 5,000

Edit 5,000 @ 99.5p

[lex1000] 02/11/2006 07:55

Yep,agree MBO possibly on the cards.