Mereo Biopharma Share Discussion Threads

[lex1000] 07/11/2006 14:30

Looking both sides of the coin, fair comments on this thread.

[wbjunior] 07/11/2006 13:59

lol well done!!!!!!!!

[gumberr] 07/11/2006 13:54

Two close friends , one of them persuades his mate who has experience in making boats to build a boat for him .
The friend outlines his request , he wants a boat just like Noah's Arc .
The mate knowing what his friend wants now starts building away.
He makes the boat with one level and then the friends requests for mulistorey levels to be built on the boat just like Noah's Arc which was full of animals on each storey level of the Arc.
The mate does as his friend wants.
The boat is now ready.
The mate asks his friend "I suppose you are gonna fill this boat with animals now just like on Noah's Arc?"
The friend replies yes in a way but I want to fill this only with CARP FISH! and he does exactly just that and fills the boat up with CARP FISH!

The mate is now intrigued and wants to get to the bottom of his friends plans for the boat and asks his friend
"Why did you ask me to build you a boat just like Noah's Arc with multistorey levels and then you ended up filling it with CARP FISH?!!

The friend replies "Well you see I have always wanted to have a Multistorey CARPARC!!!!!

[wbjunior] 07/11/2006 13:50

Bought in at 13 and 16 on the dip and I am sure many other long termers did too, not looking bad after yesterdays move up, consolidation at this level before next stage will do me fine. Holding for £2.00 no worries and good luck everyone and the day traders toooooooooooooooooo......wbj

[pugg1ey] 07/11/2006 11:34

(I'll take over from wbj and put the mockers on this time.)

Right on the way back up, day traders have sold out and now we'll smash through all resistance. There's no stopping the share price now!!
:-)

[tuftymatt] 07/11/2006 11:33

Hi Lex,

I think your support / resistance prices are bang on my friend. As I posted the other week I was interested in buying back in for a quick buck but did not so missed out on yesterdays action.
Looking at the price movement today it looks like many did not and a quick 10% or so was just too much for many to leave on the table.

I feel that this price may tempt some into buying the dip but as we have been here soooooo many times before I also feel that others may follow the lead of those taking the quick cash should the price tick up.

The traders make the cash with this one and the long termers keep the support levels intact.

SL. looking strong again after Fridays tree shake.

[lex1000] 07/11/2006 09:12

Until real news mms making a market and 112.5p remains a bloody major resistance!

[cosnova] 07/11/2006 09:06

As someone previously metioned,, yesterdays news was unexpected, the big news will be on the 15th so who cares if the day traders try and make their dollar,

[daza70] 07/11/2006 08:55

here come yesterdays day traders bailing out!

[wbjunior] 07/11/2006 08:43

Barclays forecast:

Year Ending Profit (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-07 5.40 19.87p 5.5 0.1 +53% 3.89p 3.9%
31-Mar-08 4.78 17.58p 6.2 n/a -12% 3.90p 3.9%
That takes into account the loss of YSL and still the forecast eps is 17.58p, what a bargain for todays price of £1.11................wbj

[lex1000] 07/11/2006 08:41

Good morning everybody.MPH inching up to test first "major" resistance @ 112.5p.

[momentos] 07/11/2006 08:31

The mood swings for Marchpole constantly. This share is a manic depressive!

A sudden high from beating up OB in court. Then when there is no news for weeks the depression sets in and people start worrying about the replacing 75% of (YSL) turnover bit next year with Ungaro.

They may get 100% transfer of sales from YSL to Ungaro. They may get 25%. Who knows. But for certain the OB and JCC bits of the business (and Hommebody) are not particularly taking up the slack.

One thing that has always been true about Marchpole in the time I have followed it is that there is always huge uncertainty. This remains no nailed-on certainty and is quite high risk given the change in the business next year.

I remain a holder due to the huge potential, but there does remain a potentially large downside. Hence the market giving the current rating at this price rather than 2.00!

[pugg1ey] 07/11/2006 08:09

by posting that you probably just have ;-)

[wbjunior] 07/11/2006 08:07

wow up she goes, no stopping her now........Yipeeeeeeeeeeeeeeeee a happy wbj

[wbjunior] 07/11/2006 08:01

Morning all up early to enjoy the continued move north............wbj

[deanroberthunt] 07/11/2006 07:48

for someone who asked why this is worth 200pps.....if we're looking at a profit of 10m+ going forward, then that warrants an MCAP of at least 50m....and imo that would still be cheap......but it all depends on how much YSL contributes to the bottom line!

[remynapoleon] 07/11/2006 01:23

GUMBERR

re post 1599 - Spot on.

Some people with nervous dispositions and impatience should take notice and read and reread your post again.

However this has been a traders share for a long time now and as far as I can see will remain volatile whatever news, rns' or rumours are in the air.

I think the only sure way to make money is to believe what the company and its representatives state and act on that. Over the last few months this has been positive, so it follows to act in a positive manner and either hold or buy (whilst banking regular dividends).

remynapoleon

[dcd] 06/11/2006 23:19

tuftymatt. I agree with you, MPH might be worth £2.00 as some say but it will take a long time to get there with lots of ups and downs on the way. This gives a good chance of making money on those ups and downs. Not like me to trade a share but i have been in and out of MPH four times over the years as MPH always seems to let you down. Look at the consolidation. I think if you are in profit the day befor results, then take it as you can always get back in for a bit more or a lot less.

[tuftymatt] 06/11/2006 22:48

Larmertree,

I like your last post. I do feel that MPH has got itself a bit of a name as a share for traders who make good money on the back of some quick rises then sell making the price drop all the way back down again.

If I was a long term holder having suffered with this one I do feel that "IF" in profit pre results I may be tempted to top slice a little. While I agree with GUMBERR that the outlook does look good it never quite seems to come true with this one.

I would say the odd's are in favour of good results but being cautious and taking some profit can never be seen as a bad move in this game.

Good luck to all holders.

[gumberr] 06/11/2006 21:44

ok as some peeps will not know which RNS to go to here it is -any translation issues just ask me. READ THE LAST PARAGRAPH AND YOU WILL GET FLAVOUR OF THE RESULTS.

"At the time of the announcement on 28 June 2006 of our results for the year
ended 31 March 2006 I was pleased to report continued improvement in the
business with increased turnover and operating profit and a strong forward order
book. In line with our strategy, the Company continues to evolve from a
single-brand, single country business to a diversified, international business
with a portfolio of brands. We have significantly extended our global reach and
now operate in the UK, Europe, Asia, the US and the Middle East.


The current financial year has started well, with deliveries and orders for
Autumn/Winter collections at record levels and our Spring/Summer 2007
collections for all our brands having been well received and forward order books
building in line with expectations.


We are pleased to report that the integration of Moda America, the US licensee
for Emanuel Ungaro which was acquired in March 2006, has been successful and
immediately earnings enhancing. It has provided the Company with an opportunity
to expand significantly the business into the USA. Importantly, the Board
believes business from Moda will offset the termination of the YSL licence in
December 2006. Furthermore, not only does it strengthen our relationship with
Emanuel Ungaro but it also provides us with the opportunity to re-launch our
wholly-owned brand, Jean Charles de Castelbajac ("JCC"), into America with
effect from Autumn/Winter 2006.


Our JCC brand continues to build on progress with expanded reach and increase in
licensing income which has more than doubled since acquisition. In May 2006, we
signed an agreement with global childrenswear retailer OKAIDI Group to develop a
range of childrenswear under the JCC brand. This licence provides us with a
foothold in the childrenswear market, which we believe is an area that offers
considerable opportunity for growth.


In June we signed a contract with Galleries Lafayette to open a JCC
'shop-in-shop' in the landmark Galleries Lafayette department store on Boulevard
Hausman in Paris. Clothes and accessories from the JCC range have been sold in
the iconic store since July 2006 and current trading is encouraging. In addition
an agreement with leading European eyewear retailer Codir SA resulted in the
launch of a Castelbajac eyewear range.


During the last year we also extended our design agreement and increased licence
income with our Japanese partner, Itochu, for a further six years until 2011
which enables us to maximise the potential for the JCC brand in the lucrative
Japanese market. Earlier this month we opened our Japanese flagship store in
Kobe, to be followed by a Tokyo JCC store in the near future.



Good progress has also been made with the Emanuel Ungaro and Ungaro Homme
licences. The growth potential of the Ungaro brand was confirmed with our recent
distribution agreement with Dubai based BTC Group International, for the Emanuel
Ungaro brand to be sold in the United Arab Emirates. The agreement was a major
breakthrough into the fast growing Gulf marketplace and further extends the
international reach of the brand. We continue to work closely with the House of
Ungaro and we are confident that revenue from the Ungaro brand will replace that
from Yves Saint Laurent in the medium term.


Most recently, Marchpole acquired Homebody, the luxury clothing company which
designs, manufactures and distributes ladieswear, maternity wear and menswear.
It is currently stocked in Selfridges and Harrods as well as top boutiques
across the UK and by Neiman Marcus in the USA. We intend to build the brand
further throughout Europe and the US, using our global network of distribution
outlets to accelerate growth.


We therefore look forward to the future with confidence. Orders and deliveries
for Autumn / Winter 2006 remain very strong and our forward order book is
building in line with expectations. Marchpole is well placed to capitalise on
future licensing opportunities and suitable earnings-enhancing acquisitions."

[gumberr] 06/11/2006 21:39

I must admit people make posts without doing any research which involves just reading simple RNS's.
So far I have read comments like "what will the report on results day say about the future etc?!!!!"
Here is a clue -go to the RNS's and read MARCHPOLE's statement REF Orders and deliveries for Autumn / Winter 2006 remain very strong and our forward order book is building in line with expectations.
I remember reading similar drivel on the BATM board when clearly in RNS's before the results they stated that the outlook was great and it was on results day too.
You don't need runours to buy and sell just read the facts from the RNS's and make up your own mind.
The results day will be a summary of recent RNS's so will be great for peeps who don't understand simple English!!

[larmertree] 06/11/2006 21:13

Not so sure there have been any rumours to buy into so far, if the report on Wednesday week looks into the future then that would be a reason to buy, if it is lackluster then expect a dash for the fire exit.

If you dont like suprises then sell before that date, personally I am holding, you have to be in to win.

Regards

[dan de lion] 06/11/2006 18:56

Quite likely that given good interims mph will get a long awaited re-rating after the 15th.
Possible that we will move towards the industry average of 18 x the eps!