goldfinger
- 01 Sep 2004 15:33
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.
goldfinger
- 14 Mar 2005 00:23
- 587 of 2444
Should see gains up to this Friday the 18th day of the results.
cheers GF.
Pete168
- 14 Mar 2005 07:34
- 588 of 2444
Ruthenium I would guess is at least 3-4 years away from market bearing in mind it has not even entered Phase 2.
So is your valuation 600p in 3-4 years time?
mickeyskint
- 14 Mar 2005 07:45
- 589 of 2444
Mitzy
Will I be smiling on friday.
MS
goldfinger
- 14 Mar 2005 11:16
- 590 of 2444
Yup and will I ?.
cheers GF.
ateeq180
- 14 Mar 2005 13:02
- 591 of 2444
NICE TO SEE MMG MOVING TO NEW HIGHS.
goldfinger
- 14 Mar 2005 13:39
- 592 of 2444
Yes now through 160p. Should be a lot more to come.
cheers GF.
goldfinger
- 14 Mar 2005 16:21
- 593 of 2444
That volumes getting mighty high. Looks to me like we have a lot of speculators on board awaiting the news on Friday.
cheers GF.
goldfinger
- 14 Mar 2005 16:27
- 594 of 2444
On a late surge +5 now.
mitzy
- 14 Mar 2005 17:18
- 595 of 2444
I agree there are plenty of new buyers buying in today but do not worry they can smell a quick profit of 20% on this to reach 200p by Friday..I reckon they are worth considerably more long term.Anyone notice the big T buys in late trading.
doughboy66
- 14 Mar 2005 19:48
- 596 of 2444
There were a lot of sells that went through at the end of the day.I think i might bank my profit come Thursday, if i wait till Friday and the news is bad i won`t get chance to sell as i will still be at work.Thanks for this one Goldfinger it makes a nice change for me to be looking at a profit.
DB66
andysmith
- 14 Mar 2005 19:55
- 597 of 2444
DB66, I am away on Friday but I will have someone advise me what happens & then its one phonecall if need be. Like you I don't want to lose profit BUT I'd rather wait and risk losing a bit of profit than lose out on massive uplift.
IF news is not good and I lock-in my profits (unlikely) I will retain the funds and buy straight back on the bottom of any slide because MMG has such a great portfolio and I can see them being taken out by a big pharmaceutical company in the near future. Big pharmas have had so many set-backs in last twelve months a portfolio like MMG could be very tempting especially with so many moving into phase II trials. Just my opinion but having been in since 68-71p I'm happy to wait for Friday and beyond.
doughboy66
- 14 Mar 2005 20:20
- 598 of 2444
I got into these at 1.26p and have a very small holding compared to some of you on here.I do know from what Goldfinger,Mitzy and yourself have said that MMG have a lot of products comming through different stages of trials in the future and i would hate to miss out on some more profit.What the heck i will wait to see what Friday and beyond brings.
Thanks DB66
goldfinger
- 14 Mar 2005 23:45
- 599 of 2444
Some good points raised here after hours. Shows we are all thinking out are next step stratergy. Mitzy what is the next big thing after Genvax please, and when should we hear results?????????????????. Have you got your PM on?.
many thanks.
cheers GF.
jimmy b
- 15 Mar 2005 00:06
- 600 of 2444
Goldfinger, do you think the MM,S will play games with the price before Friday ,IE could they drop the price to bring out nervous sellers..Thanks JB..
goldfinger
- 15 Mar 2005 00:26
- 601 of 2444
No I dont think they will do that Jimmy.
cheers GF
jimmy b
- 15 Mar 2005 00:41
- 602 of 2444
Thanks GF..
mitzy
- 15 Mar 2005 07:02
- 603 of 2444
Everythings in place for Fridays news and with new buyers prob institutions coming in yesterday I forecast 200p perhaps 210p by Friday..
Pete168
- 15 Mar 2005 07:38
- 604 of 2444
Andysmith - the question about a takeover target was raised a while back and the response was that most staff at MMG are ex large pharma and in no hurry to go back to all the politics and nonsense. They enjoy what they do and the only way they would sell out is if the offer was many multiples of where the SP is today.
chad
- 15 Mar 2005 11:23
- 605 of 2444
If the results on friday turn out to be negative, what kind of price drop are we looking at considering there are plenty more developments in the pipeline?
goldfinger
- 15 Mar 2005 11:36
- 606 of 2444
I dont like to think of negatives Chad, best to leave that until it happens if it does happen.
Great to see the price moving up again on large volume. Got to be one of the hottest stocks around at the moment.
cheers GF.