Mereo Biopharma Share Discussion Threads

[momentos] 21/11/2006 16:01

Drapers Record 18 Nov

Ungaro Homme distribution to be expanded

Brand house Marchpole will expand UK distribution of diffusion line Ungaro Homme next spring. It will go into 20 more Debenhams shops and five more John Lewis stores, and will double its presence in Moss to 10 shops. Pre-tax profits at Marchpole were £4 million for the six months to September 30, against £1m the previous year. Sales rose to £38.6m from £14.9m, following acquisitions including Moda America and the Homebody brand.
___________________________________________________________

[ For info Debenhams claims 126 stores, John Lewis c 25 stores, Moss c 100(?)]


No idea what this really means..... esp as Debenhams / John Lewis says "more"!

[wbjunior] 21/11/2006 15:35

Momentos as we are all happy with the likely revenue of 64m for this year, this is my forecast for 2008
UK 15m
Eur 11m
N/America 15m
Okaida 5m
Gulf 5
Thats 51m
+ Acq 10m........................Total 2008 61m
Good luck everyone and remember, Keep on holding.......................wbj
Net debt down to 40% by financial y/end and surplus cashflow by the end of 2008, looks good, well afford another cash(debt) acquisition imho

[pingi] 21/11/2006 15:30

Whoever it is I wouldn't like to be the vendor... unless I could nail them down to 75% upfront!

[momentos] 21/11/2006 15:15

Wonder what the acquisition with "reasonable turnover already" with UK focus is?!

Perhaps Hackett? Flogged by Richemont to Torreal (spanish private investment co) for Euro 11m (GBP7.5m) last year. Turnover about 20m predominately UK.

Any other guesses? Fred Perry (too big / chavvy)?

Suggestions welcome....

[anresu] 21/11/2006 14:32

How many Marchpole employees does it take to change a lightbulb?

a 1

b 5

c 7

The answer given on Friday, b, was incorrect.

We forgot to divide by five.

[wbjunior] 21/11/2006 14:06

Back early and soaked pushing the swing in the rain for an hour.....lol
Pleased to see the RNS and all back to normal, onwards and upwards.............wbj

[cr4zyness] 21/11/2006 13:14

How many MPH employees does it take to change a lightbulb?

a 1

b 5

c 7

[momentos] 21/11/2006 13:10

In fact, the non-Morris, non huge mcap increase, options in the above amounts to 340k, (or 1.7m old shares), some of which may also have lapsed.

That raises the possibility that they needed a block listing for c.1.4m OLD shares but multiplied by 5 rather than divided by 5. So the true requirement could be 280,000!

Oh well, we will see at year end...

[momentos] 21/11/2006 12:49

AND the vast majority of the outstanding ones (1m / 5m) are under the "Unapproved Scheme" not the EMI scheme!!!

So that could be ANOTHER factual inaccuracy in the RNS!

Confused.

[momentos] 21/11/2006 12:46

Some of those share options......



So Morris has

60k Options @ 128.75 Date trigger 21/2/06 Awaiting 60m MCAP trigger
60k Options @ 128.75 Date trigger 21/2/07 with MCAP trigger 70m
[60k Options @ 128.75 Date trigger 21/2/08 with MCAP trigger 80m]

325k Options @ 128.75 Date trigger 21/2/06 Awaiting 50m MCAP trigger
325k options @ 128.75 Date trigger 21/2/07 with MCAP trigger 55m

So total 730k options (670k possible this year sub MCAP)

2005 Annual report said 1,069,000 (5,345,003) including the above were outstanding at year end. SO I am not sure why they are blocklisting 1.4m as perhaps only half that amount seem likely to vest in this financial year.

Even then we need an MCAP increase of 55% (equiv share price 186p) to get to the 50m ones, 70% (200p) for the 55m ones and over 85% (220p) for the rest.

Mr Morris must be confident!!

[chap1889] 21/11/2006 12:42

Would be interested to hear if anyone gets a reply from Shore Capital. They prepare/submit the application form to the UKLA and prepare/submit the RNS ... and they are also the largest market maker who picked up a large quantity of shares yesterday at a knock down price.

[polanski] 21/11/2006 12:23

back to were we where yesterday now its verified!

Pol.

[cr4zyness] 21/11/2006 12:15

I wondered why I got an email this morning saying I had 5 times as many shares as I thought I had! nice ;))

Corrientes, what was I thinking of making my investment decisions on the companys RNS etc, now where is that pin?

[corrientes] 21/11/2006 12:12

One gets the impression they're too busy trying to make profits rather than worrying about trivial RNS's !

[jason8466] 21/11/2006 12:11

missed the RNS while i was typing lmfao.

synchronicity eh!

I also missed another of the shares in my portfolio finding more paydirt (xld) lol

I should write more often.

[jason8466] 21/11/2006 12:08

Amended Block Listing

RNS Number:4286M
Marchpole Holdings PLC
21 November 2006

MARCHPOLE HOLDINGS PLC (the "Company")



Block listing application amendment



"The issuer advises that the following amends the Block Listing application
announcement released on 17 November at 16.29 under RNS 3080M


The number of shares stated was incorrect and has now been corrected. All other
details remain unchanged and the full amended text appears below."



MARCHPOLE HOLDINGS PLC (the "Company")


Block listing application

Marchpole Holdings plc announces that an application has been made today to the
London Stock Exchange and UK Listing Authority for the blocklisting of 1,400,000
ordinary shares of 5p each. The blocklisting is in relation to the possible
future exercise of the Company's options under the Company's Employee EMI Share
Option Scheme.





For further information contact:

Marchpole Holdings plc
John Harrison - Finance Director 0207 908 7700


Shore Capital
Alex Borrelli

[jason8466] 21/11/2006 12:07

bloody hell that was quick


the power of the pen eh

lol

[jason8466] 21/11/2006 12:02

I have E-mailed the board of MPH and Alex Borelli requesting a retraction.

[cr4zyness] 21/11/2006 11:56

LOLOL, DCD exactly and half my shares back! My email is on its way, dont think I will be getting a xmas card somehow, then again I might get 7 eh!!

[dcd] 21/11/2006 11:53

OK can we have the share price back where it was please. LOL

[cr4zyness] 21/11/2006 11:51

Bad PR it should have been released monday am

[skyracer] 21/11/2006 11:48

yes ok. Mistake corrected. Lets move on.

[premierpompey2] 21/11/2006 11:47

jason8466 good post
"sentiment counts"
My point exactly.

The shorter ;)

[pricemilne5] 21/11/2006 11:46

Panic over!