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

Reach for the stars!

I'd prefer to invest in the company that clothes them :-)

capa

Plenty of buying going on.

I think I may have timed this right !!!

capa

That's worth a LOL in capitals!

There she goes !!!

Red Hot Penny Shares tip last week, City Confidential tip in their June issue, both Shares and IC positive post results. Its a pity that the company is too small to appear on newspapers radar, but if it ever did !

Perhaps Phil Tufnell should undertake another walk around Britain with a billboard advertising Marchpole, all for the cause of brotherly love :-)

capa

Tipped in IC today I believe which would explain the early mark up.

50% more on its way imo.


capa

30 trades listed by 8:20, such a level of activity is unusual for MPH.

And no signs of any 100,000 sells.

I think matey has finally cleared off.


capa

There was a 100,000 "M" Trade, what do you make of that?

I assume that M trade was market makers shuffling shares about between one another. Nothing to concern us there imo.

capa

capa
Methinks you spoke too soon!

Socrates

Yes noticed that myself, oops.

At least this is selling into strength, we will just have to wait and see.


capa

Great trading update today, this should finally get things motoring.


capa

+2p today, nice!

Another tick up this morning Socrates, soon be in breakout territory !

capa

well it seems to have been 1.5 steps forward and 1.25 steps back recently, but this could now be the great leap forward.

fingers crossed as always :-)


capa

Well Socrates a very good day today :-)

This is now in breakout territory, 30p should come very soon imo but I was saying that last week !!

capa

hope you are right , capa . just joined you all today.

welcome Bosley just left a message on ASOS thread but it seems you beat me to it.

Everything about this share screams buy imo, last results were great, backed up by immense director buying and followed by last weeks stellar trading update. Every tip sheet has covered MPH of late all with a buy recommendation and I wouldn't be surprised if last weeks rns isn't covered again in IC or Shares.

AGM approaching and I see more buying on the run up.

regards

capa

with timing like that Bosley you ought to be a comedian

capa