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MEDICAL MARKETING, A Speculative Punt That Might Reap Rich Rewards (MMG)     

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.

rob308 - 23 Mar 2005 16:28 - 833 of 2444

all time high aaaaaaaaaaaaaagh!

mickeyskint - 23 Mar 2005 16:32 - 834 of 2444

Fantastic, but the rest oh boy. A very red day for me.

MS

rob308 - 23 Mar 2005 16:36 - 835 of 2444

ditto mickey. cobra bio ok at 11% gain everything else red (except aqp)
tomorrow??????

hlyeo98 - 23 Mar 2005 16:42 - 836 of 2444

Sell at your own peril...this will go up further...great day...passed 250p...heading on to 350p. Read Note 819 from Killick Brokers. Great news!

rob308 - 23 Mar 2005 16:48 - 837 of 2444

sound post hlye... sums it up!

mitzy - 23 Mar 2005 17:32 - 838 of 2444

It is cerainly looking good at this stage but the next 12 months we are talking big money when the big pharmas join the party..everything is in place.

mickeyskint - 23 Mar 2005 18:07 - 839 of 2444

How big is big mitzy, realistically.

MS

chad - 23 Mar 2005 19:18 - 840 of 2444

Nice to get back from camping to find this one has took off. Cheers Mitzy and GF.

mitzy - 23 Mar 2005 19:33 - 841 of 2444

I'm upgrading my tent so it includes all the family thats how confident I am..!

chad - 23 Mar 2005 19:42 - 842 of 2444

LOL....I might upgrade to one that doesnt leak.

bristlelad - 23 Mar 2005 20:01 - 843 of 2444

hi techinvest and share watch pick these out years ago Ihave these in my portio for about six years thinking they would hit the big time but was hoping that they would hit it aLOT SOON THEN THIS//////still better late than never////////amen to that///

mitzy - 23 Mar 2005 20:37 - 844 of 2444

Hi Bristle:
Yes I recall both publications tipping them at 20p and 40p a couple of years back.Some people are comparing them to BritshBiotech when they reached a value of 1000 mill but I reckon that with 9 compounds in trials by the end of 2005 that MMG could out rival even their valuation.. at 120mills they have the potential to multibag at least 5 times should a big pharma show an interest.

ateeq180 - 23 Mar 2005 20:42 - 845 of 2444

So first of all where are we for tomorrow,mitzy any views,it looks it will open higher again lets see if profit takers dont get in the way.

mitzy - 23 Mar 2005 20:44 - 846 of 2444

Theres not much stock around after the last 3 days of hectic trading...270p close I say..

ateeq180 - 23 Mar 2005 20:47 - 847 of 2444

THANKS,AND GOOD LUCK.

ateeq180 - 23 Mar 2005 20:54 - 848 of 2444

The way its closed today it looks to me this might open at about 270p,just my thought,on the other hand a rise like today would be welcomed by a lot of people.

mitzy - 23 Mar 2005 21:09 - 849 of 2444

I reckon you may be right ateeq a 270p open is a certainty...and a 290p or 300p close..

overgrowth - 23 Mar 2005 22:43 - 850 of 2444

Hi All,

I got a T-trade long on these after seeing the excitement today.

I like the look of things so far and am toying with the idea of buying a chunk into my ISA with a longer term view.

The thing that really scares me from buying for the longer term is that chart which GF posted - it's soooo vertical, there must be a sizeable correction due which would present a better buying opportunity for a longer term hold.

Has anyone else thought this ?

Cheers

OG

hlyeo98 - 23 Mar 2005 22:54 - 851 of 2444

I think I would upgrade my tent with air-conditioning in it...LOL

goldfinger - 23 Mar 2005 23:11 - 852 of 2444

Lets just keep calm Guys. We could be getting gready.


Having said that Im going in for another big buy.

Cheers gf.
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