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
- 29 Mar 2005 08:37
- 887 of 2444
bought in again at 273, thanks profit takers
ateeq180
- 29 Mar 2005 08:39
- 888 of 2444
I was a bit scared with a fall but holding in there,thanks to gf,instead added more at 272p.good luck everyone.
rob308
- 29 Mar 2005 08:43
- 889 of 2444
ateeq this is now a 300pence share, i think that is where it will be back at at the end of the day. rob
rob308
- 29 Mar 2005 08:47
- 890 of 2444
comparatively tight spread for mmg today......... will see a lot of day traders
goldfinger
- 29 Mar 2005 08:53
- 891 of 2444
Buyers coming back in droves. Really is a great opportunity to get a position in this one.
cheers GF.
ateeq180
- 29 Mar 2005 08:53
- 892 of 2444
LETS HOPE YOU R RIGHT,ITS NICE TO HAVE SOME GOOD INFORMATIVE PEOPLE ON THIS BOARD AS YOU MIGHT KNOW ON OTHER BOARDS PEOPLE ARE ONLY BLAMING EACH OTHER WHEN THE PRICE FALLS,AT THE END OF THE DAY WE SHOULD ALL LEARN TO ACCEPT THAT THE DECISION TO INVEST IN A COMPANY IS DOWN TO EACH INDIVIDUAL,SO WHEN THE PRICE IS SHOOTING WE SAY GOOD THINGS,BUT WHEN IT FALLS WE START BLAMING WHICH I FEEL IS WRONG.ANY WAY THANKS FOR ALL THE GOOD TIPS,AND KEEP UP THE GOOD WORK,AS I AM STILL LEARNING.
goldfinger
- 29 Mar 2005 09:09
- 893 of 2444
Added again at 273p. Might aswell wont get this opportunity again and the next big thing is just around the corner. Indications are that more trial results will be out during April. Ruthenium Compound results, could push this one through the 375p mark and more. Just a case of being patient.
cheers GF.
goldfinger
- 29 Mar 2005 09:20
- 894 of 2444
Added again at 273p. Might aswell wont get this opportunity again and the next big thing is just around the corner. Indications are that more trial results will be out during April. Ruthenium Compound results, could push this one through the 375p mark and more. Just a case of being patient.
cheers GF.
goldfinger
- 29 Mar 2005 09:39
- 895 of 2444
Price coming back in now. Early scare looks to be over.
cheers GF.
chad
- 29 Mar 2005 10:19
- 896 of 2444
topped up at 275p.
doughboy66
- 29 Mar 2005 11:15
- 897 of 2444
Blimey there is some major profit taking today!! I have added at 2.52 ,i never thought i would see that again but probably gone lower as we speak knowing my luck.
db66
hangon
- 29 Mar 2005 11:19
- 898 of 2444
Aren't you MMG holders deluding yourselves?
How can "any" AIM company be worth 3 a share? Other than if they have loads of cash - what is supporting this valuation?
I know there is lots of hope-value and people are saying great things about MMG treatments - but there's a need for caution - are these bankable treatments? Will anyone put a cash-value on them? (IMHO Not until they have been through rigourous trials - which will rely upon more "shareholder" cash being introduced.).... That causes dilution, so today's slice of the company (that cost you nearly 3) is later valued as a half-share (making a whole share closer to 6) - and you still want to invest at today's prices?
No, I don't see it either.
ateeq180
- 29 Mar 2005 11:48
- 899 of 2444
Gone quite looks like this could be the bottom.
seawallwalker
- 29 Mar 2005 11:58
- 900 of 2444
hangon - sobering comments.
Thank you for your opinion.
chad
- 29 Mar 2005 12:58
- 901 of 2444
GF. What have u got to say to hangon?
mickeyskint
- 29 Mar 2005 13:03
- 902 of 2444
hangon should do his home work.
MS
goldfinger
- 29 Mar 2005 13:09
- 903 of 2444
Hangon, doesnt realise the company is awaiting one of the big boys to come in and buy up a 'sum of the parts'. I agree at this time in the companys growth cycle it is very difficult to put a valuation on a company like this. Perhaphs Mike Walters summed it up best in this piece..........
Just look at this from the Mike Walters site....................
Michael Walters tipping it again today, he himself bought more this morning. He ends his piece by saying, 'There could be much more to come as the world wakes up to the achievements of Dr Stevenson and her team.' - I must admit the announcement was too good for me to ignore and I have bought some MMG today also. I think we will all be looking very, very good on this stock in a small time. Cancer is such a huge killer and although there are many companies that have made big advances, the one recently announced by this company seems to have attracted not only investors attention but apparently, the attention of some major pharmaceutical companies. Licencing revenues from some of its drugs could bring in multpiles of the current market price on an annual basis. Is the pie in the sky stuff? Absolutely, but there is so much going on here and Im pretty sure we will see further news releases and updates, I just had to take a few for myself. I think this one is going to run and run. ENDS.
cheers GF.
andysmith
- 29 Mar 2005 13:16
- 904 of 2444
Why should he? Good to have opinion on these threads, makes you examine your own thoughts. I too am a great believer in MMG but this has risen so sharply in recent months can the Genvax trials alone sustain 300p? We all expect the Ruthenium trials to be successful but you can't blame people for taking profits, I sold some more this morning and banked the profit. 200% profit is just too good to lose and is only a profit when taken. GF tells you that this is a high beta stock, always likely to fly on good news and fall back in between as it is still a highly speculative stock although a very good one. Don't be surprised if you get the chance to get back in at around 200-220p in a few weeks. I do believe 300p+ and alot more but need more news first so all points are valid.
mayiguo
- 29 Mar 2005 13:21
- 905 of 2444
gold finger, what was the date of MW's tip you quoted?
andysmith
- 29 Mar 2005 13:26
- 906 of 2444
I see the Universities Superannuation scheme has also taken some profits.
They have been building up their holding for some time but again a profit is only a profit once realised. They too are sticking with it for the long-term but might as well take some profits for their beneficiaries. I am please to have taken 200% profit and will be back-in again once it has settled.