Marchpole is one of those stocks which have had a really bad time. Boardroom battles, losses, price collapse, profit warnings up the ying yang.

Now all of those things seem to be sorted out, new management are getting to grips, new contracts and the price is on the up. So much so that Monday ought to see a 50/200 day MA golden cross.

DYOR of course, but I think I will be putting a few of these away at the open.

Socco

Socrates: well done to you for starting this thread, and for buying in so early, a very healthy profit. Still feel this one has a long way to go in the medium to long term. Extremely happy holding this one.

More director buying:

Marchpole Holdings PLC
09 September 2004

9 September 2004

Marchpole Holdings plc
(the 'Company')

Directors' Shareholdings

On 8 September 2004, Michael Morris and Raymond Harris, directors, acquired, in
aggregate, 120,000 ordinary shares of 1p each ('Ordinary Shares') in the Company
as follows:

Director Number of Price paid per Resultant holding of % of issued share
Ordinary Ordinary Share Ordinary Shares capital
Shares
acquired

Michael Morris 100,000 27.75p 25,046,715 18.91%
Raymond Harris 20,000 28.3p 50,000 0.04%


For further information contact:

Marchpole
Justin Hampshire - Finance Director 020 7908 7700

Shore Capital
Alex Borrelli 020 7408 4090




This information is provided by RNS
The company news service from the London Stock Exchange

Doubt many will still be holding from the 5p days though. Most would have taken profits at some stage along the way. The trick is having the nerve to keep holding if you feel the company is a winner.

I got in at 18p and have added all the way up to 25p and now fully invested at an average price of 22p. Not looking to sell for a goodly while yet :-)

capa

Michael Morris bought some more:

Marchpole Holdings PLC
09 September 2004


For Immediate Release 09 September 2004

Marchpole Holdings plc
(the 'Company')

Director Shareholdings


The Company has been notified that, on 9 September 2004, Michael Morris,
Executive Director, acquired 200,000 ordinary shares of 1 pence each in the
Company.

The shares were purchased for a consideration of 28 pence per share.

Michael Morris is now interested in a total of 25,246,715 ordinary shares
representing 19.06 per cent of the issued share capital of the Company.


For further information contact:

Marchpole
Justin Hampshire - Finance Director 020 7908 7700

Shore Capital
Alex Borrelli 020 7408 4090


This information is provided by RNS
The company news service from the London Stock Exchange

Re-investing his dividend I would imagine.

Nice act of faith.

capa

What is more important is the timing, don't you think?

Another director buying, David Moss for 20k. Re-investment of the divi's as Capa thought or something else? Some cracking newsflow these last 2 days. Wonder if something else is going on behind the scenes?

Marchpole Holdings PLC
09 September 2004


Marchpole Holdings plc
('the Company')

Director Shareholdings


The Company has been notified that on 9 September 2004 David Moss, Non-Executive
Director, acquired 20,000 ordinary shares of 1 pence each in the Company.

The shares were purchased for a consideration of 29 pence per share.

David Moss is now interested in a total of 35,000 ordinary shares representing
0.03 per cent of the issued share capital of the Company.


For further information contact:

Marchpole
Justin Hampshire - Finance Director 020 7908 7700

Shore Capital
Alex Borrelli 020 7408 4090


This information is provided by RNS
The company news service from the London Stock Exchange

i get that feeling too gav.a lot of faith shown by these people. usually a good sign when directors buy. it will be interesting to see what happens next..........

David Moss wouldn't have got enough dividend payment to fund buying 20,000 shares, but Michael Morris would have got around 60,000, a bit more than the cost of buying 200,000 shares.

The AGM, contract news, trading update and director buying should get a mention in next weeks shares magazines, IC tipped these not so long ago so cannot see them not doing some sort of update.

Only one way this is going imo, tuck them away and be pleasantly surprised come Christmas.

capa

hoping to be surprised before christmas, capa

by the way , has everybody got their div payment? i dont seem to have got mine........

Bosley,

Mine came through a few days ago, 14/9. Straight into my Comdirect account as cash.

Well I was wrong about an update from IC but nice increase today anyway.

capa

My divi went in on the 15th, not a huge sum but anything is welcome after the share was in the doldrums for such a long time.

30p mid price hit today.

People buying in advance of interims?

capa

when are the interims?

not been announced yet Bosley, but came out 22nd of October last year so looking for on or around this date again.

capa

cheers

Lets get through this 30p barrier then watch it go.

850,000 T Trade !!

Must be a buy.

capa

Excellent day here!! Nice trade just before the close!! Bring on the results.