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

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

Katcenka,,, sorry to be a pain...remind me again... how do you work out quickly if a share price is too cheap or too dear ? - thanks

BUY BUY BUY!!!!

and BUY AGAIN... sky if you dont know, then you should not be trading... its dangerous playing blind

I'm just following your lead ! BUY BUY BUY!!!! and BUY AGAIN... that's good anough for me! Can't go wrong !

more buys going through, about to tick up... I hope this gets press tomorrow... should see 50p quite easily

sky if you want I high risk gain... try SCO... but you will have to hurry, its on the rise after hitting bottom

game set and match ;-) up tomorrow... by alot of %'s

Director/PDMR Shareholding

RNS Number:0131V
Millfield Group PLC
01 December 2005

Millfield Group plc ("Millfield" or the "Company")

Directors' Shareholdings

Millfield was informed today that, following its announcement of interim results
this morning, the following directors bought shares in the Company:

Director Shares Price % of issued Date of Shareholding Total % of
Purchased class acquisition and following issued class
purchased date of purchase of
notification shares

Paul Tebbutt 75,000 26p 0.06% 01/12/2005 1,380,126 1.17%
Mike Duncan 75,000 26p 0.06% 01/12/2005 175,000 0.15%
Bryan Beeston 95,000 26p 0.08% 01/12/2005 1,553,816 1.31%


Enquiries

Millfield Group plc
Iain Leighton, Company Secretary 020 8680 5200


Llewellyn-Slade PR Limited
Mark Llewellyn-Slade - 01444 242792
Francis Higney - 0207 7336557


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

I also hold these - though not a massive amount. Does anyone think they are going to get back to the level they were at in March? I am very encouraged by the recent movement but there is still a long way to go before I make any money.

probably... I cant wait to see what these open at tomorrow, at least 50%

going by there numbers I would say these are worth at least 70p now