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.

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.

Dill, Just a thought:- Wouldn't some Slimthru be better for you than another Mince pie.

If you do go down to Boots you can get me a supply of Prozac. I may help me a little when I look at my portfolio.

8-)

Dil
retailers reduce/increase stock per product type. It is not a case of the calendar year end = run down all stock.

I would say boots reduce chocolates, perfumes, gift sets..etc
increase slimming products, fitness aids, cough flu medicines,....

anyway slimthru is a small part of meldex and Dil and Goldfinger are either shorting this or are looking for a cheaper entry point!!! or else why post here. Nothing they have posted has been of substance.

Dil rarely posts anything of substance, you have to read between the lines ;)

Luckily for me Fred I don't like mince pies :-)

greedybas .... thats what they all said years ago at 140p when I said it was worth 50p tops , go read the threads.

To keep Dil happy!

They must be reading your post.

This is about the only good news I jave had today.

Subject: Production & sales stats.
Date: Wed 9th Jan 2008 7:43:50
Country: UK
Industry: Pharmaceuticals & Biotechnology
Company: Meldex International PLC


Meldex Intl says Dexo Italy to launch 7 new products in Q1

LONDON (Thomson Financial) - Meldex International PLC said its Dexo Italy operation will launch seven new products in the first quarter, which will bolster its existing product portfolio of prescription products licensed from GSK and Pfizer.
The specialty pharmaceutical and healthcare company said together the new product launches in Italy are expected to contribute revenues in excess of 12 mln eur over the next three years, in line with the current business plan to develop the Dexo operation.
Three of the products have been licensed from AD Pharma including liver detoxicant Atox, cholesterol drug Antisterol, and Floract, which provides a rebalance of the intestinal flora.
Dexo will also launch four products currently marketed in France, the group said. These include artificial saliva Hypozalix, Ronflux - to help reduce snoring, Calme - a drug to promote balanced serotonin levels and Gel Circulatoire to help soothe muscle cramps and rheumatic pains in the legs.



TFN.newsdesk@thomson.com
npr/lam

COPYRIGHT

Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.



www.afxpress.com

but shares still down.........any time good news on mdx, then shares get stuffed.

no news for ages and shares go from 40 to 94p.

LOTS OF GOOD NEWS for last few weeks and guess what......sp down to about 50p

very strange

Get me a bottle of the liver detox stuff Fred.

And a good dose of Ronflux, I'd have thought.