kitosdad
- 12 Dec 2007 16:20
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.
Fred1new
- 17 Jul 2008 09:34
- 884 of 8631
The board may accept a lot less than supposed. I think there are going to be a lot of management takeovers of smaller companies at depressed prices and a lot less than the real value of the companies.
I hope that this is not so in MDX case.
dealerdear
- 17 Jul 2008 09:45
- 885 of 8631
have you noticed that along with nearly all shares atm, they have made the spread so large that you can't even day trade it. The price goes up and down but never leaves the spread significantly.
tabasco
- 17 Jul 2008 09:49
- 886 of 8631
That was a little tongue in cheekyou know I never get over excited Dilalways happy for small mercyand all that jazz.Morning Fred.if the bank balance is going up its good news!
scotinvestor
- 17 Jul 2008 09:53
- 887 of 8631
whats going on?
ft and daily mail said early in year that bid would be NORTH OF 1. nothing has changed in company.....in fact products are well ahead in many areas so offers should be even higher.......cant imagine any shareholder agreeing to anything less than 1 quid....especially as most shareholders are 70p plus......in fact this was 8 million loss company years ago and was at 160p!! now its in handsome profit and about to rocket in next 2 years.....work it out
nkirkup
- 17 Jul 2008 09:58
- 888 of 8631
Management buy-out on the cheap, prior to the good Trading Update.
There going private, for the next two years of fantastic growth, then relist on AIM at around 2.
This may be illegal and the FSA should be involved (but never do).
Let's just hope that we get at least 70p for our shares.
dealerdear
- 17 Jul 2008 10:07
- 889 of 8631
MM's don't want small company shares on their book. They know that if they put the price up to where it should be, you'll sell back and they don't want that.
But here's a thought. Perhaps you can't sell back to them because your shares are out on loan so the MM's have to keep the price low because much more people own them than there are shares. Corrupt eh but would explain what is going.
scotinvestor
- 17 Jul 2008 10:13
- 890 of 8631
they cant offer less than 70p when they have long term holders at 70p / 80p plus.
can we not hol onto them for 2 years until they bring them back on aim for 2 quid then?
tabasco
- 17 Jul 2008 10:17
- 891 of 8631
Remember paragraph three of that BM quote.
:- 3. In the event that no acceptable offer arrives, and the BOD prove to be incapable of delivering going forward, then take it private, restructure it and trade sale or float it in 3/5 years. Such a route would not preclude current shareholders staying in for the upside (I stress, my opinion only).
Read into that what you may?
scotinvestor
- 17 Jul 2008 10:30
- 892 of 8631
but he did say 1st route was t/o......then to look at management before route 3.
i did say t/o would be happening in last 2 weeks but dil laughed at this.......and i did say it wouldnt happen so quick early in year......the sp being hammered by mm's has pissed of mdx board.
I see theres lots of names back on this board. Refused bid was circa 95p-115p! Now all parties can re-enter. Anyone wats to buy the company will have to buy from Barry remember and what did he pay for his shares.......circa 90p!
tabasco
- 17 Jul 2008 10:30
- 893 of 8631
Great call Dealer!.hope Pt takes note.
Dil
- 17 Jul 2008 10:36
- 894 of 8631
scotty ... you said t/o would happen at 150p+ and I p*ssed myself at that one too
scotinvestor
- 17 Jul 2008 10:38
- 895 of 8631
i said between 120-150p.......i actually thought nearer 120p to be honest
anyway only thing u ever comment is t/o.....i cant ever remember u typing anything about mdx yet
tabasco
- 17 Jul 2008 10:39
- 896 of 8631
ScottyI agree with you completelyI heard the rumoursbut a management takeover at this stage stinks like sh*t. They have never been user friendly with their investors.they taking off..... and they dont want us on the cheap.hope Im wrong?
Dil
- 17 Jul 2008 10:41
- 897 of 8631
aww boll*x scotty , go read the start of the thread re t/o and as for the second line go read all the threads from about 2004 on , here and on advfn ... think you'll find I've had plenty to say.
scotinvestor
- 17 Jul 2008 10:56
- 898 of 8631
dont think so really tabby
Melbrosin boys... .. They will not be selling as recently elected Board Members who stated clear as daylight that the company was "SIGNIFICANTLY UNDERVALUED".
These boys are not like the majority of recent day traders, in that they dont buy and sell in a day to make a few quid... These are Pioneers of Business, who dont need to sell to finance a night out on the town... They get their kicks and wealth out of growing HUGE business
scotinvestor
- 17 Jul 2008 11:07
- 899 of 8631
Casting all silly suspicions aside...It hardly appears that SM would 'expect' to get the company cheaply.
It is very understandable and likely that if this is a goer, SM was the 'leak', so to speak to get sp back up
i still say 120-150p once other bidders join in again.......nearer 120p probably
if u look at last product eview it talks about significantly undervalued several times along with melbo boys saying same thing.
scotinvestor
- 17 Jul 2008 11:17
- 900 of 8631
SM will know what the other bid was and he will also know that the new BOD have their shares at c 70p - so I think he would have to be confident that he could raise the cash to beat those levels.
As such this a buy at up to 70p no question
littlebert2
- 17 Jul 2008 11:21
- 901 of 8631
He also knows he's got until end of year at most before A'tek can come back in (6 months), so prob wants to get things sorted without their noses poking around and bumping SP up.
scotinvestor
- 17 Jul 2008 11:29
- 902 of 8631
but bm has bought around 90p!
Fred1new
- 17 Jul 2008 11:30
- 903 of 8631
I think many share holders in the current environment would accept anthing in advance of 80p. I think this is too low, but would probably swallow my pride and accept.
What I would like to know is what is the % sizes of the various large holders.
I have tried to get the various directors etc. holds
TD Waterhouse 7.10 %
Barclays PLC 7.04 %
Melmed Holding AG 5.00 %
HSDL Nominees Ltd 4.30 %
Self Trade UK Nominees Limited 3.70 %
And Muncaster holding about 9%
If these holdings are as stated they would have difficulty in taking over against the ordinary punters' wishes.