Mereo Biopharma Share Discussion Threads

[andysand] 15/11/2006 16:35

Well, small investors who have been seling are foolish IMO. I can understand selling yesterday. Holding for results can be scary sometimes! But now that we have exellent results from a company that is now plainly undervalued, selling is simply masochism! Don't people want to make money? Anyway, each to his/her own.

I am holding for 180p+...


Andy

[wbjunior] 15/11/2006 16:18

50,000 T trade at 1.20, thats where all the sales have gone, picking off the small investors who have backed the company for so long, such is life......wbj

I can understand selling if the money is to be utilised for buying something you need , but if your going to reinvest else where, its best left here imho

[momentos] 15/11/2006 15:53

Good news, the police caught the bloke... hanging out in the west end around Berners street...!



(not)

[wbjunior] 15/11/2006 15:33

whats up no trades for nearly two hours, hopefully more to come over the next few days after a few mentions in the press or shares mag.............wbj

[cr4zyness] 15/11/2006 14:32

LOLOLOLOLOLOL

[momentos] 15/11/2006 14:28

Glad Marchpole are getting rid of downmarket chav brands and moving more upmarket with Ungaro!



Police in Wellington are appealing for the public's help to identify a man police would like to speak to in connection with the theft of cash from a pizza house in the town.

The man pictured had been taken on by the Wellington Kebab and Pizza takeaway in the town's Cornhill on a Wednesday, November 8, 2006, as a casual delivery driver.

At around 10pm on his first evenings work the man sent the takeaway's owner a text message suggesting he had to leave.

Around £240 is believed to have been gathered by the driver on his deliveries, but neither this money or the delivery man have been seen since.

The man is described as white man, aged in his 20s with a goatee beard, very short hair and a gold ring in his left ear.

When last seen the man was wearing a white, long sleeved sweatshirt with a YSL logo on it and dark coloured jeans.

[momentos] 15/11/2006 14:09

Hardman research is

[momentos] 15/11/2006 13:45

Current covering broker full year EPS forecasts appear to be:

KBC Peel: 18.93
Hardman: 20.8

FY turnover ests are 52.2m
FY Pre Tax: 7.81m average est.

Following year ests drp 10% on average.

Half year actuals are T/O 38.6m EPS 10.2 PBT 4m.

As stated in interims overheads increased 36% (from 5.905m to 8.015m) qualified as a 2% drop if you exclude Moda / brand investment. This puts the moda / brand investment figure at an amount of 2.2m.

2006 Annual report has 3 months Moda at 703k. Scaled to 6 months at 1.4m (assuming no phasing) this gives an amount of 800k invested in the brands.

Good to see the company putting money into the future!

[mbsolutions] 15/11/2006 13:08

Naked Trader Update:
Marchpole reported today: those of you who think I'm a real genius and bought at 13p and can now sell at 120p are a little out - the shares were consolidated and are equivalent an old price of about 24-25p. However I have nearly doubled my money.

Today's report shows the company's recovery is definitely underway and really shows it is definitely undervalued, a rise to at least 150 would seem fair. Progress towards that may be slow as there have been a lot of people sitting with the shares for a while with the need to take some profit. Once cleared out and with some new buyers coming in 150p seems fair value.

[momentos] 15/11/2006 12:59

Citywire verdict:
The growth from ownership of a single license to a multi-brand fashion house together with the ending of recent litigation makes Marchpole a more appealing investment proposition than they used to be. The balance and pricing of the brands appears to give them more protection against fluctuations in the retail environment

[wbjunior] 15/11/2006 12:32

Sells drying up now and buyers ready to jump in hopefully, off for lunch leaving Lex in charge...................wbj

[larmertree] 15/11/2006 11:57

Peters

I do beg your pardon too many stocks to monitor, you are correct it is 100K @119.5p

[cosnova] 15/11/2006 11:51

It was T trade so more then likely an order being filled

[pwjustdoit] 15/11/2006 11:46

Would the 110k buy be a director ?

[marben100] 15/11/2006 11:46

PS watch out for MPH intiating the share buyback programme that was authorised at the last AGM but AIUI could not be started during the closed period prior to results.

[marben100] 15/11/2006 11:41

I'd just like to correct one misconception about MPH: it is NOT a retailer (which explains why their gross margins are far higher than those of retailers).

MPH's business is "brand management". Their small number of retail outlets are simply showcases for the brands that they manage. What MPH do is

- Licence brands (they now own two of their own: JCC and Homebody)
- Design and promote products under those brands
- Contract out manufacturing for the products (they have long standing relationships with manufacturers in the former Yugoslavia and in China)
- Sell the products as a WHOLESALER via distribution agreements

I have held the shares for about a year now and am very happy to continue holding. I believe that their new international and multibrand approach will more than offset the loss of the Yves St Laurent licence, which will affect their 07/08 results.

Maybe the market won't like their new acquisition, when it is announced. But their track record on Moda and Homebody is good and I'm confident that any acquisitions Michael Morris makes are likely to be in the long-term interests of shareholders.

If Mr Market is offering these shares cheaply, then why not take up his offer [as long as you're prepared to take a long-view]?

[tuftymatt] 15/11/2006 11:41

Morning all,

Well for all the long term holders out there I am glad to see that "on paper" your decision to stick with it has been proved worthwhile.

I do feel that many will take the quick profit earned in the last 10 days or so simply for that feel good factor of locking in a 15%+ rise. Also, as posted today by someone, a few long termers will look to get out after such an uphill struggle now that they too are back in profit.

In my mind the figures are great but that does not always mean the price will = that as we all know. Hope that new blood is attracted by the numbers to maintain the current level at least and I guess time will tell.

Good luck to you all and WBJ any chance of a loan till pay day.......LOL

[corrientes] 15/11/2006 11:38

The papers should love this one.

[larmertree] 15/11/2006 11:32

Thanks Peters and wbj, my system also indicates the 110k as a buy. I think this is correct since the price seems right and it does seem to have put a stop to the selling. I can only see upside to this stock at the moment, end of day could be quite interesting.

[lex1000] 15/11/2006 11:31

wbjunior - 15 Nov'06 - 09:44 - 1804 of 1817

Thanks.True friendship survives time with all the ups and downs that life and the market have to throw at us.We are all unique in our own way and have something to give.

A few would like to change my investment style,strategies and who I am.Whilst watching MPH providing commentary have offered o/t options to watch on monitors and alternative investments to MPH.

For instance having provided trading ranges when profit to be made then said watch NOT buy SEY.From same 20p starting point SEY=94p v MPH 118p.Highlighted CCT entry 76p when breaking out mentioned here 76p/77p nice healthy profit over 35% more to come i feel.Vislink-VLK entry possible 100p on this thread expressed opinion
strong buy for me up 16% entry and of course MPH up 17%.JKX and TLW nice steady earners AHT slow off the starting blocks from recent entry.Inevitably get some calls wrong, have done with false dawns MPH but got there eventually

I believe in spreading investment mixing business with fun as all work makes Jack a very dull boy whatever the johnnycomelatelys have to say.Vive la difference.o/t VLK on the move.MPH growth divi paying share.Take care.

[wbjunior] 15/11/2006 11:25

Larmertree
I believe it to be a buy, its inevitable that profit taking will take place and best of luck to those taking their money, but as Dirtysteve, I believe these are worth alot more and that we will see the serious buyers moving in shortly ie the fund managers and institutions especially when the Brokers revise their buy targets. Nice move up from £1.00 just over a week ago, patience needed, better staying put with something you know than speculating on something you dont.................wbj