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.

Price drop probably in response to general market conditions and panic.

I think or hope with some companies and especially relatively small ones, if you time it correctly, and jump, you are either bloody clever, inside dealing or probably lucky, sometimes it is better to sweat retracements out, if the fundamentals seem OK.

The problem is reliable figures.

In spite of Dil I will hold for 120, which may be 6mths away.

the market has held up reasonably well recently.....in fact it did well over festive break.........when mdx was droppping.

insider dealing is the key........and we all know FSA is toothless.

UK seems to be getting more corrupt as the years go on......and yes that does include the inland revenue

Well mdx held up well with a 1/2p gain while most were falling today.

Dil
The comany has changed massively under RT and I would say that he under plays and over delivers. Whereas in the old days GH was all about potential for deals and was held to ransom by the phamas. Mdx now is not reliant on one deal and will soon be announcing profitability, in there "strong" trading upate to b announced in january.

Also did you notice today that Barry Muncaster (Acquisetek) has increased his holding to over 8% in a month. Why would a founder of the company keep accumulating if this was not going places?

Well the company who has been dumping millions over the last month is doing a lot better than the founder that has been buying them so that tells me he's a chump.

Share price down 40%+ in same time period so that suggests he really does know f*ck all about the stock market.

On top of BM's tranch there have been some large buys, not the sort of investment that casual day traders would play with on spec. My guess is that there is some significant news to come.
Dil, you may be right about BM but he is a very wealthy one.

Yeah but he could have been doing better.

So could I 8-)

from their website today.

"Meldex has appointed a new financial and corporate PR consultancy, Corfin Communications Ltd. The team at Corfin is led by Martin Sutton, who prior to entering consultancy spent 14 years at GlaxoSmithKline, leading its media relations team. Through working with Corfin the intention is to ensure that there is a greater understanding of the Meldex organisation, its products and its technologies amongst key audiences"

Maybe they can create some better PR espeially with january's "strong" trading statement to come soon.

"Since joining the company 18 months ago he has turned the business around from losing 10million a year to a projected pre-tax profit of 4.5m." 9/01/2008
Mirror Article

takeover today potentially.....noticed it going up at lunchtime but did nothing...damn

At what price?

Meldex International confirms potential offer approach received
AFX


LONDON (Thomson Financial) - Meldex International PLC said it has received an approach which may or may not lead to an offer for the company.

A further announcement will be made in due course, the specialty pharma and healthcare company added.

it has to go to min of 120p or i'll be very angry

Saw MDX going up at 1pm ish and bought in more at 59p well happy at selling the lot 2 hours later at 84.5p...wish I could do that every day :-0 I still hold more in my SIPP just in case the offer is higher still.
Di

Hope its for more than when kitso started this thread.

Well Dill somebody wants to buy Meldex, so there must be value after all!! For the record I am still holding, must be a couple of years or so since we had all that fuss about suing Stanelco, who I note now have a fractional share price, not sure what happened after all the ramping but glad I held onto these.

We will have to see what Corporate action now ensues!

Who ever said insider trading was a bad thing.......hush your mouth.

"goldfinger - 29 Dec 2007 03:23 - 18 of 61
Yes a good stratergy to use on this company Dil.

Chart certainly points to 42p and maybe lower. "

Hows the short Going then Goldfinger??

I hope the offer comes through at a higher level, but perhaps caution is required as potential offers can vanish as quickly as they appear. Does this mean MDX will give us the promised trading update or will we have to wait?

Trading update will be issued in January as stated by the company. So not long to wait.

What I'm waiting for now is the SP to drop back to 60's again to buy some more...MDX has proved a brilliant share to buy and sell recently..I've made a packet and I might even be in it when it goes up big time too:-) If it drops back too much I'm out until it rises again. I'm mostly out at the moment after making a pile again yesterday and waiting.
So if it makes it big time, which I hope it does, I make loads if I'm in it at the time but if MDX just goes up and down I still make a mint..Its gotta be good!!
Remember if you can't be good be careful :-)
Di