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

A heck of a lot of sales, too. A sense of foreboding is coming over me, or is it just a big raft of profit taking????

Reassurance required, but will have to wait to see how it starts the day tomorrow.

Capa, according to my screen, that 750,000 was a sell, not a buy. Can you clarify?

princess., if you look at the time of the trade you can see that it was definately a buy. It showed up on the screen an hour or so after the transaction and the computer stuck in the sell column due to the prices at the time of entering.

capa

Thanks capa. You're quite right, of course, and what a good start to the day!

Cracking start to the day, up again. Agree the trade from yesterday looked like a delayed buy to me.

The Ted Baker results yesterday would have helped, followed by a buy recommendation in the Times for Ted Baker today.

Marchpole may soon receive interest from national press, if this happens watch them fly.

capa

Results out this month should be excellent. No doubt the magazines and papers will report on them and it should be some good press. Who know's, may even get some more director buying again after the release. Lots to be positive here IMO. Would definitely expect positive write up in IC and Shares if results are good.

Not long to Christmas either once results are out. Once that is out of the way then i'd expect another Q3 trading update which would cover the Christmas period. This year the Q3 update was released on 21/1.

Still happy and confident with these and would top up on any dips, but no dips yet!

Gav

From a chart prospective has anyone any ideas where the next level of resistance is ?

capa

Sorry Capa, can't help you there. But i'm sure you'll agree that our chart looks good! Read on other BB's of no resistance until 50/60p ish, but wouldn't stick my neck out and say if that's correct or not.

Gav, no worries, just wondering. 50-60p sure sounds nice though

capa

Any comment on this?...
another late deal just gon eeethrough from 14.30! at 34p
this has encouraged a few sellers to follow suit...presumably because they haven't noticed the time?? (see pricesses query)
Are the mm's short of stock?
does this thing happen often? It seems almost (devious) / (underhand).

and there we have it...or do we... a timed trade purchase at close for 100,000.
All looks good but I don't have enough experience to be sure!

and inexorably the rise continues ;-)

capa

serious movement now.

40p by the end of the week anyone ?

capa

50P by Christmas what a share. Interims soon could be very interesting up until then. Sitting on a 100% profit at the moment and hoping for more.

BULLISH!!!

Seems good to me....

Just released:

Marchpole Holdings PLC
12 October 2004


12 October 2004

Embargoed for 7.00am



Marchpole Holdings plc

(the 'Company')


Trading update


YSL and Boateng

Sales for the YSL and Boateng collections remain ahead of the Directors'
expectations following the half-year close, with the YSL Autumn Winter 2004
order book 70 per cent. delivered and the Boateng Autumn Winter 2004 order book
85 per cent. delivered to customers.


Jean-Charles de Castelbajac ('JCC)

Over 80 per cent. of the Autumn Winter 2004 customer programme has now been
delivered, giving an overall performance in line with Directors' expectations.


Spring Summer 2005 order books

The YSL and Boateng order books for this season now stand at 10 million
compared to orders for 8.5 million for Spring Summer 2004 season at the same
time last year.

The JCC order book for this season's collections currently stands at 3.4
million.


Overall performance

The Directors are pleased with the group's overall performance which continues
to be above their expectations.


Interim results

The Company expects to release its interim results for the six months ended 30
September on 9 November 2004.


For further information contact:


Marchpole 020 7908 7700

Greg Tufnell - Chief Executive
Justin Hampshire - Finance Director
Michael Morris - Executive Director



Shore Capital 020 7408 4090

Alex Borrelli / Simon Edwards



Buchanan

Tim Thompson 07710 718 649



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

Nice rise yesterday. The Spring/Summer 2005 order books up 1.5m on this time last year. Looking good to me.

"The Directors are pleased with the group's overall performance which continues
to be above their expectations." - Nice!!!

LONDON (AFX) - Marchpole Holdings PLC said its trading performance is
continuing above management expectations.
In a trading statement ahead of its six months to September results, due Nov
9, the fashion group said sales of the YSL and Boateng ranges remained ahead of
company expectations after the end of the first half, with the YSL Autumn Winter
2004 order book 70 pct delivered and the Boateng Autumn Winter 2004 order book
85 pct delivered to customers, while Jean-Charles de Castelbajac is more than 80
pct delivered, "giving an overall performance in line with directors'
expectations".
Spring/Summer 2005 order books for YSL and Boateng now stand at 10 mln stg,
compared to 8.5 mln at the same time last yeark, while the JCC order book stands
at 3.4 mln eur.
"The directors are pleased with the group's overall performance which
continues to be above their expectations," the company said.
email: newsdesk@afxnews.com

With results on the 9th November this gives more time for people to take a position in Marchpole. Very nice !!

capa

surprising reaction to the news! Maybe a temporary lull? I would have thought it would have carried on North at a pace this morning!