This ones a heck of a specualive investment but it seems that the institutions are willing to stomp up the cash to back it in the long term.

Heres the latest news from Killik stocbrokers on the company..........

MEDICAL MARKETING Joint Venture

We recently highlighted Medical Marketing (MMG) as worthy of attention. The company, in which I have a personal share holding, has this morning announced the formation of a joint venture, Genvax, to develop a novel DNA vaccine platform technology.

Human trials have been underway since 2001 in areas such as Lymphoma and Myeloma but the technology has broad applications in cancer, viral and bacterial infections (hence the term platform). The technology works on boosting the immune system by teaching it to identify hard to recognise cancer proteins as foreign and destroy them. Early results from the 25 patient trial in lymphoma are encouraging and evaluation of the result is expected by March 2005. Successful results should mean big pharmaceutical groups will start to take financial and commercial interests around that time.

This looks to be the first of a series of announcements due from Medical Marketing as it has a range of predominantly cancer trials moving into the clinical stage. (news flow could push the price higher)

The stock has made good progress in recent sessions up to the mid-80p level where the company is valued at just under 40 million. ENDS.

Please DYOR

cheers GF.

Any price predictions Rob....the next 18 months for instance..

Its tough to call Mitzy, but for every product that is licensed, approved, finalised etc. consolidation is formed.. i cannot see the sp ever dropping below p100 again unless there is a major market crash..

If progress can be made on just two more products within the next six months I forsee p200 by year end.... thats being conservative!

However I regard MMG at present price and even at 2 greatly undervalued.......

18 months?????????? p350 again being conservative

I will continue to buy to p300 and watching progress and results very closely.
rob

I have to agree with you Rob...I am holding for the next 10 months as they may well pull it off with a major licencing deal which will give them earnings.. 200p will do nicely.
And its strange as I have a target of 350p within the next 18 months too..

Of course if Ruthenium passes phase 3 trials we are talking about a price 10 times that today.

Theres no bad news. It was a bad day all around for small caps, and thats it.

Hopefully tommorow will be a lot beter.

cheers GF.

Same sort of day again,nothing happening..

Consolidation......... big spread.......... I'm comfortable, could see upward movement this avo........ definately by end of week.....imho.....looking good.....Rob

Just have to wait for those broker notes to be issued...wont be too long.

I think most of the markets like this today,, do you think the broker notes will be good news .JB

Been a superb day really when you look at the other small caps falling around you.

cheers GF.

I am told this is a fantastic report, anyone with any more detail?????????????????????????????????????????????????????????????????????

From the Mike Walters site.

[Read more]
The Medical Marketing Report
15/02/2005

This is a copy of most of the new report into MMI from broker J.M.Finn, compiled by Edison Investment Research.
[Read more
cheers GF.

Its agreat report 14 pages long but with no price targets short/long term...

Brewin Dolphin have a 160p short term target ..and Nomura believe it or not a collosal 400p plus ..giving a valuation of 250m...!
No details at hand.

160p would be nice, do you have any view on the lack of activity today,??

Lots more sells than buys now but has`nt dropped the price.

Mitzy, where did you get these price targets from, and as at what dates? Have Brewin produced a report since they were dropped as house broker? thanks

I understand Brewin have a new broker note out soon; and that Nomura have one in the pipeline.
Also that March is an important month for MMG...some exciting news is coming then and hopefully investors will not be disappointed.
Today is a slow day like yesterday and it will drift but dont worry.

Yup the small caps are mixed again today. Will be glad when Greenspan as left the arena.

cheers GF.

Real boring week for me allround.

Tomorrow being Friday there is a chance of an annoucement which should support the sp.

GOOD.

cheers GF.