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.

The company have said that they are going to be issuing a strong trading update in Jan.
one of the founders has built up a 7% stake in the company in the last month.
I don't think that this indicates a fall to 42p.

Appears we are on our way back to 97p

Had heard talk about one of the founders buying heavily..........can anyone add to that or is it hearsay?

I thought the founders had got booted out of the company.

Ive heard the management are looking into a naked shorting scandal set up here.

Its certainly listed on the berlin stock exchange.

RNS Credit Agricole reduce shareholding is something going on?

They going short too then GF ?

:-)

wishbone Barry Muncaster has bought over 7% through his company Acquistek in the last month.
the company says they will be issuing a strong trading statement in jan.

all this is on rns so no ramping here.

goldfinger et al hasn't responded to any of this but talk of shorting and getting the price lower.

GB ... you don't really expect any positve comments to have a decent response do you?. But as you say, it's all in black and white, and THAT is indisputable.

Thanks for that Greedybas.

ooooo slap me wrist

The show goes on for Meldex
Created:

31 December 2007

Updated:

2 January 2008

Written by:

Richard Hemming

Meldex's wild run continues. Trading at 60p, its shares have fallen over 30 per cent from a high of 94p on 10 December. But it has been business as usual at the speciality pharmaceutical provider.

It has announced licence agreements for three products and an increase in demand for its unregulated anti-smoking product. It has also acquired three antibiotic products for 14.5m (10.6m), financed by a combination of paper and cash.


--------------------------------------------------------------------------------

IC View
Buy
Despite the share price fall, the Meldex story remains on track. The company has strong earnings growth and Nomura Code's valuation of 115p is almost double the current share price. At 60p, the shares are a buy.

Nomura code have upgrded their valuation from 122p to 146p. In their latest brokers note.

Download Nomura Code Brokers note 02/01/2008

Thanks to inghu from the adv site :-) for publishing this

Oh gawd if the IC tipped it Fred it must be a short :-)

I see that slimthru has the sold out sign on the boots website.

boots -slimthru

Distribution problems I guess.

DIL, Have another mince pie!
I would like to know what the ballance of shorts are at the moment.

I think like TAN many sitting on decent profits have cashed in due to the choppy waters the market are in at the moment. I wish I had and then had enough sense to hold and buy back at the right price.

The products that MELDEX are pushing have a huge potential and the method of delivery are advanced. If I had cash I would top up, but not sure at what price.

From fundamentals a buy from charts suggest it could drop back to 48p. but the problem at the moment is whether there are any lying Bs still on the board. I don't think so.

For the time being I am going to hold and epect the price to be above 120p later this year!
Good luck.

PS I think there "should" be a weekly list of shorts and longs on all small companies.

Hi Fred :-)

The likely cause imo is that companies try to minimise stocks at year end and therefore only order barely enough to manage on. Manufacturing shut down for a period of around 10 days at Christmas and therefore new supplies would not be immediatley available (manufacturer would also run down stocks at year end).

The above is done for accounting purposes and has f*ck all to do with the real demand for the product.

On the other hand Boots may have decided to stop stocking it.

Dil
really,
Peak time for Slimming products is this time of year. I was in my local boots on Friday and there were 16 packs of the large boxes of slimthru and today there were 4 so the promotion is going very well based on my crude observation.

they are also selling in Tesco and holland & barrett.

Anyway this is a very small part of Meldex and the strong trading update due within weeks should show how rapid the growth is.

Yes really greedybas .... welcome to the real world. Boots would be more interested in stock turnover ratios , turn rates etc than being over stocked with anything especially non essentials at month end time whether in store or online.