The engines have fired up at last for MDX. ( BPRG ) At long last they are being recognised for the force they will become over the next two years. On the cusp of disclosing huge revenue-earning deals with Global pharmacists. These have been hinted at as being unrolled before the years end, but may be in the next days.You still have time to get in at a bargain-basement price before the SP takes off for real shortly.

Good morning all.and to the thicky twins..thought this morning was going to be the TU.seven arrived and has gone.looks like tomorrow.not another day of watching same trades..

B J Muncaster - 29 Jul'08 - 07:07 - 93065 of 93093




I've been asked by several people to explain why if we're in a possible bid scenario the SP is stuck in an obviously low range. So here goes:

We have few new buyers at this level and instis are conspicuous by their absence. This situation can only be because "they" don't think a bid will be successful. Making money in the market is not easy right now, so a slam-dunk 2 or 3 or 4 or more bagger should be in massive demand, but it isn't.

Why would anyone think that? The answer is simple - read ADVFN for just one day!

Anyone thinking of buying MDX shares will find its shareholders:

Forming groups to stop the Company being sold on the cheap, yet we have no idea what cheap actually means, nor do we know any potential bid price. Does anyone really believe its useful to make public the fact that XX% of shareholders will not accept a bid of less than YYp? Isnt it sufficient to just say that the Company will not be sold on the cheap and leave the potential bidder guessing about what a greater-than-cheap price might be?

Claims that members of the BOD are mugging us; acting on the verge of criminality; purposefully helping to trash the SP for their own benefit; and so on, and so on.

So what would you think if you read the threads for just one day? My guess is youd come to the conclusion that the bid, if made, will not be successful. And without a bid on the table there is insufficient information available to properly determine a fair price for the stock in current general market conditions.

My advice would be to:

(a) Wait for the TU, which I expect to appear this week. IMO there is no reason to delay this, and if it doesnt appear then several large shareholders will be making their feelings known to those responsible for its delivery.

(b) Stop talking about how any bid will be rejected at Xp, or Yp, or Zp. Youre just giving too much information to the potential bidder.

(c) Stop talking about the BOD mugging us. We dont know that for a fact and wont know until we see the details of any bid.

This is what we know:
We were promised a TU, POTAM Rules permit a TU, so I expect one.

We have two new directors who between them own a good slug of stock currently well under water.

Recently, on more than one occasion weve been told that the Company is broadly on target to meet NCs estimates for the full year. I know some on here have asked what broadly means, IMO, it means just that and no more. Perhaps one product/division is doing better than expected and another doing worse.

We have the best bloke on the BOD trying to buy the Company. Dont you think its a compliment that someone as smart as SM is in his field and who knows the full story along with all the financial data should think the SP is cheap at todays price? Now if he thinks this, why is it that the market doesnt? ..Go back to the top of the page!!!!!

I can be a cynical old sod - and this morning is one of those times.

Not for the first time (unfortunately), I'm watching a company's sp fail to respond positively no matter how much in the 'buy' favour the buy:sell ratio is ...... someone is happy to depress the SP, and they can only do that by (a) taking a huge loss, or (b) absorbing buys against what they know will be a future issue at a lower price........

There are enough gits in the world, and many no doubt currently attached to MD, for me to be rapidly taking the opinion that (b) is the reality .... and the FSA will do fehuck all, as usual....

Someone cheer me up - even the thought of a naked Edwina's looking good right now :-)

You been making more friends again then tabby ?

Bert Scotty..Dil...Fred and all the other postersyou are what makes this job?this play.the fun it is.We cant have our Foreign Secretary on a downer.Bert.of course what you say is absolutely trueabsorbing buys against what they know will be a future lower price is what you would think..My gut feeling.and I have been in and out of mdx.mainly in from day one imho this is the biggest racing certainty I have ever punted.that is why I am in well over my own rules..Bert you can look at the business from what ever angle you wishtheres no negatives. BM love him or hate him.. knows mdx inside out.wants in! His last paragraph this morning read We have the best bloke on the BOD trying to buy the Company. Dont you think its a compliment that someone as smart as SM is in his field and who knows the full story along with all the financial data should think the SP is cheap at todays price? Bert.. human behaviour is more of a tell tale than any words spokenYou are on a winnertrust me! Dil I'm ready and waiting for the snipe!

You would make more money trading them both ways than just sitting on them.

You don't half talk bollox, tabby old son.

There's always been these conspiracy theories with this company. "Investors just don't get it - the value of the share price reflects the value the market places on it. At present it rates it very lowly indeed. Get real!

Dil I dish it out and can take itits all in good funWe have had our moments what I dont like is certain people posting liesand derogatory remarks I have supposed to have said to others as you know I call a spade a spadeyou Welsh git! I have even called myself lucky and thick! Big al.. I kinda understandhe says some awful stupid things that p*ss people off..I can live with that.Mr Potty is a different kettle of fish.nasty..nasty arse! Now fu*k off Dil!

I like pt ... cept he knows sh*t all about rugby :-)


Will the CEO be making a fool of himself at trading statement time like he did when he slagged off IFRS Accounting Standards tabby ?

That guys a laff a minute.

Dil have you honestly tried to get on.there are times when you cant buy 5kpunters are beating each other up on the same turnoverthis stock as you know can move 50% in a few minutes.what good is 5k of that. Hit the 50k buy button and it flashes up your having a laugh hit anything higher it starts talking in Japanese
You do it your way!

Trying ringing your broker instead of arsing round with online quotes , he'll get you what you want easy.

nasty nasty arse - lol

You never post anything but derogatory remarks and lies - read your own posts.

I do agree though that you're thick! Something we can agree on :))

Dil - I've forgotten more than you know about rugby :))))

Got two of the last 4 6N spot on , how did you do ? :-)

Nice kinda guy ah Dil..check my posts Mr.Potty. Quote me! Feel freeI spend my life laughing.and bafoons like you make it owe so easy..I dont think I have ever spoken to someone so condescending patronizing and least likeablein my life.and if you are marriedpoor Mrs.

Dil, I can't remember, but I think 6 out of 6 springs to mind (hey, but don't quote me) :S

"owe" = "oh", tabby. Tut, tut, spelling.

You got your plastic mortar board on alwho gives a monkeys chuffffffff about spelling.Im trying to make money as well.Ive seen some of your classics in the past! Where do they come from? Ive heard CROSS & BLACKWELL cream of mushroom is on today! Dont go much on your new best friend get him to have the tomato its sh*t!

You guys started on the spelling thing. Glass houses and all that .............

Al..why do you and mr potty continually tell lies..your noses have reached unproportional levelsI have never mentioned your spellingyour from Glasgow.I could never understand it anyway..What I have said is you talk bo**ockswhich is not telling lies!

From the other side, which may explain the recent slide:

Daily Mail Market Report 29th July 2008
by Geoff Foster

Dealers are nervous about Meldex International, 3/4p easier at 37p. On their trading screens as a bid situation after chief development officer Steve Martin recently became the latest to say that he is considering making an offer for the company, the shares could soon come under pressure.
Rumours suggest a profits warning will be wheeled out way before any takeover bid is tabled.