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.

Hey catnip - I've just remembered where my quaking boots are - I've sent them to the cobblers so they can be nice, shiny and comfy for the England Wales six nations match.

Oh you'll need comfy alright.

You can warm them in my camper - and that's nice and shiny too.

tabasco: what are you on? Whatever it is, I think it's been adulterated.

Gausie: quaking in trainers doesn't quite have the same ring to it, but please feel free.

Good morning all
mightymouseI will try and spill this out in a language more suited to your intellect.I aint Phoo Kin Nell!whilst I agree with his/her sentiments towards Gausie and the rest of the groovy gang and I am very appreciated of the supportI am afraid I cant take claim to that fantastic posternow if you still dont get itwhich is a possibility I would suggest that every time you see a piece of cheese on a block of wood next to a springeat it!!!!

Morning!

Tabatha's got friends. Different sides of the same personality? LOL!

Am copying this post from the MKS thread, as it more properly belongs here:


Gausie - 08 Dec 2008 10:29 - 468 of 468

Tabby - I'm going to pick up on Al's comment.

You're hostile towards me and your so called 'crazy gang' because you believe us to be hostile towards MDX and towards you having taken a long position in them.

I don't think you understand the dynamics here.

Nobody is in the least bit critical of you for having opened your position in MDX. You did the research, you liked what you saw, you bought. Nothing wrong with that at all.

Criticism is justly levelled for what happened afterwards. The share price just fell and fell. Other more sensible MDX investors shrugged their shoulders and said 'fair enough - I got it wrong' and sold.

The suicidal investors (the ones you call 'strong holders') are those who are arrogant enough to think they 'never get it wrong'. Every time you state that you're always right (recently I note you've changed the phraseology to 'almost always right'), you reaffirm your membership of the financial suicide club.

It is these suicidal investors who are justly subject to criticism. Buying the initial stake arguably had merits. Holding on after the market had proven the buy wrong was inescabably stupid. Continuing to hold in the belief that you're right and the market continues to be wrong is a ruinous mix of crass stupidity and egotistic arrogance.

So - to summarise - You post in the way that you do as a reaction to your perception that people criticise you for buying MDX. There is, in fact, no criticism for having opened your initial position. But you deserve everything you get for having held on to it.

G xx

That sums it up in a nutshell, G.

Many years ago, I was arrogant enough to hold positions I really should have bailed from and took the hit. The market is always right, the investor/trader only is sometimes.

To prevent the trader/investor taking too big a hit, there are basic rules. Those rules are abided by only by those who've learnt humility.

Indeed, Gausie. Or as Margaret Thatcher once put it more succintly to the House of Commons "There is no way in which one can buck the market."

Gausie>

I am not hostile towards youthat is a factyou would definitely know it if I were! I would say the reversego a check over twenty or thirty posts between us and I think you will be surprised at who has said what

Second point it aint the crazy gangalthough that would be a better name.it is the groovy gangskateboards and allpurely because of the unfunny childish remarks made by mostwith bouncy taking the gold medal.. trig the silver.. and you the bronze.

ThirdListenI have broad shouldersI can laugh at myselfand I can certainly laugh at you lot how many on here call themselves thickos or state their wealth in life is all down to luckdo you believe me when I tell you I am fantastic and truly sensationalyou lot are far too proud and pompous to admit anything honest.

The last point which is the only time you and the others do wind me upis thisI do not post on here to get more people buying mdx sharesor ramp the companyI do not wish for any investor to lose their moneymdx ..whether you believe it or not owe me nothingeven at this stageI am sad not for myself but for others I know have been mislead and cheated by RTmany good people including friends have lost life savings. retirement fundsand in some cases their houseswhen I see some of you mocking these peopleI wonder how low life can one get
I know more about this company than you probably believeand I do have to be careful in what I saybuteven in this climate they have more than a fighting chance of turning things roundbut if you are a safe investorthere are better investments out there!

'or ramp the company' - LoL
Biggest ramper on this thread until Kitso gave up the ghost and retired back to ADVFN.

Asset Sell Off

Not looking good, also performance will not meet market expectations.

Ho hum

pth

I've read the announcement.

What it says is that MDX are effectively giving the profitable arm of the business to the bank in exchange for writing off a large part of their liability. This leaves the company with a much reduced liability and a loss making business. In the short term that's a very bad thing - but if the management are any good, it presents an opportunity to turn the business around.

I'd see the announcement as bad news in the short term, neutral further out. But also an opportunity for the management to make or break their reputations.

This sell was not a surprisedexo france required further investment and we are now DEBT FREE

Cambridge, UK, 8 December 2008: Meldex International Plc (AIM: MDX), the specialty pharma and healthcare company announces that it has entered into contracts to dispose of Laboratoires Pharmaceutique Dexo SA ('Dexo France'), it's French based prescription branded business for a cash payment of 8.5m (7.3m*). However, the Company retains the rights to the Dexo name outside of France. The completion and consideration is expected to be received in the next two months, once regulatory paper work is approved by the French Authorities.

No, it wasn't a surprise because Scrutable posted the news in the zoo a few days ago. Wonder where he gets his info from?

Yes pt spot on ... it only wasn't a suprise only cos SCRUTABLE told everyone about it last week tabby.

Kitso is still ramping the butt of these as diddleboy on ADVFN , funny how he don't do it here as he started this stupid thread.

Well, Tabatha, you didn't know enough about this company to expect that RNS, did you?

Yet another year where no profit realised, distressed sale on assets (irrelevant whether core or non-core), and no chance of more funding at a good rate by the sound of it. Now you know why the KKs had to sell just to get by. I've pointed to all this previously, as have others - it wasn't hard to read between the lines in this economic climate.

"As part of the ongoing restructuring of the cost base new product development work is currently on hold". How many products are ready to go and how many have been shelved? This is now a critical question, because it all saps plainly strained capital.

Overall, this is massively bad news for MDX IMO.

According to the rest of SCRUTABLE's post then this is the tip of the iceberg.

"As a result of the disposal of Dexo France, the ongoing working capital constraints, the restructuring process and costs which the bank have imposed on Meldex, results for the year ending 31 December 2008 and forecasts for 2009 will, regrettably, be below market expectations."

So another loss to look forward to, will this company ever make a profit?

One more thing, Tabatha:

The people who post either on here or in the zoo are constantly berated for predicting exactly what happens every time.

I do not wish to see people lose out, but if they adamantly refuse to listen to reasoned arguments against, and there have been many, then they will lose the lot. Sad, but true, and a position of their own making.

Lol , bet they not below my expectations.