millfield has risen 15 points over the last week from 21 to 36.what i dont understand is todays rise 30,000 bought, 300,000 sold and its up 2p does any one know how this market works,and an explaination for todays rise

Anyone know why there are two large trades totalling 500,000 today? Is there some imminent news?

There's no way of telling for sure but it looks to me like it was just a rollover. Rollovers sometimes come thru as looking like two buys. The give away is that the buy prices are slightly different(the lower price is probably the sell and the higher proice is what they have bought them back again at)
I think you're only allowed one rollover at a time...
Whoevers doing this rollover (if indeed it is a rollover) is banking on the price going up over the next 2/3/4 wks... results/news due soon ?

Looks like someone's got 100k bet going on here that this one'll come good very soon!

I think the results released today look impressive.. bodes well for future perfromance/next interims.... of course MIL now has to deliver but looks to be shaiping up good...

Anyone have any views ?


Turnover up 103% to 85million (2004: 41.9million)

On a proforma basis, including twelve month's results for
Inter-Alliance, the group generated combined turnover of 123 million

Gross profit up 76% to 26 million (2004: 14.8 million)

Operating loss before goodwill amortisation, impairment losses and
exceptional items of 8.9 million (2004: 9.3 million loss)

Loss before amortisation and tax of 18.1 million (2004: 10.8 million
loss)

On target to achieve operating profitability from the fourth quarter
2005 onwards

Lifetime's sale to Norwich Union expected to result in an exceptional
gain of at least 4.9 million

Three major business initiatives launched

26% reduction in the run rate for overhead costs from 49 million at
time of merger to 36 million now

Further annualised savings of 4 million expected in fourth quarter of
2005

Any one else in Mil.?.. any one else have any news & views ?
We're now approaching Q4 2005 and the achievement of operating profits beckons
Could be a good time to get in/top up... If we get a good trading statement then sp could take off big time.... imho.... :)

Well, It all looks good to me ......I'm sure it's onwards and upwards from here on imho :

Highlights:

Turnover up 135% to 64.1m (2004 - 27.3m)

Gross profit up 48% to 15.0m (2004 - 10.1m)

Reduced loss after tax and minority interests of 1.3m (2004 - 4.5m)

Cost base reduction initiatives implemented in September 2005 resulted
in significant savings - the annualised rate for the cost base is now 30.8m
(49m post merger) and it will reduce further to 29m by Q4 2005/6

Further efficiencies will reduce the cost base to below 28m from Q1 2006/7

Administrative staff headcount reduced from 509 on merger to 364 at
November 2005

The group is on course for operating profitability for Q3 2005/6

7.3m cash - group operating cash flow has been positive since September 2005

73 new applications in membership to join Millfield Partnership

53 new applications in membership for Sage Financial Services

Implementation of minimum standards throughout MPL national branch network

Relocation of IT operations centre to London Docklands plus switching
all locations to Telstra, the AAA rated carrier, as a single telecoms
supplier

.

Katcenka ? nice post ! can you expand a bit ?

skyhigh - 01 Dec 2005 08:16 - 22 of 24
Well, It all looks good to me ......I'm sure it's onwards and upwards from here on imho :

Highlights:

Turnover up 135% to 64.1m (2004 - 27.3m)

Gross profit up 48% to 15.0m (2004 - 10.1m)

Reduced loss after tax and minority interests of 1.3m (2004 - 4.5m)

Cost base reduction initiatives implemented in September 2005 resulted
in significant savings - the annualised rate for the cost base is now 30.8m
(49m post merger) and it will reduce further to 29m by Q4 2005/6

Further efficiencies will reduce the cost base to below 28m from Q1 2006/7

Administrative staff headcount reduced from 509 on merger to 364 at
November 2005

The group is on course for operating profitability for Q3 2005/6

7.3m cash - group operating cash flow has been positive since September 2005

73 new applications in membership to join Millfield Partnership

53 new applications in membership for Sage Financial Services

Implementation of minimum standards throughout MPL national branch network

Relocation of IT operations centre to London Docklands plus switching
all locations to Telstra, the AAA rated carrier, as a single telecoms
supplier

Market cap rather at a bit of discount wouldnt you say???

Katcenka.. Not sure what you're indicating...not sure how it all works myself but ,,, are you suggesting that the sp is cheap compared to mkt cap and that the sp will strengthen ?

err!!! YES!!!!. I am suprised of the little amount of activity.. the way I see it, these should be at least 50p. if not more, additional cost cutting also.. could put these at 70p quite easily

bloody cheap.. I am IN!!!!

delayed buys.. its going to go up a lot more me thinks

Cool ! .. all sounds good... glad my initial impression is in line with everyone elses views..
I think the mms will put sp up in an orderly manner.
With favourable press reviews and perhaps even new yr tips for 2006 this should go alot higher.imho Hurray! (at last!)

Broker upgrade ;-) should be issued... looks like only three of us in this one.. more cheap pickings for us then ;-)

wakey wakey!!!! smell the coffee

Turnover up 135% to 64.1m (2004 - 27.3m)

Gross profit up 48% to 15.0m (2004 - 10.1m)

Reduced loss after tax and minority interests of 1.3m (2004 - 4.5m)

another 10p rise to go rise to go ;-), its slow but its getting there

still rising... loads more room

Yes, still looking good....slow and steady does it !

nothing in the papers... tomorrow should be even better.... these are way too cheap