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

agree... I tend to like my charting and see the same in the near future.
would think this is institutional buying after having studied the results.

Would come as no surprise to see RNS confirming institutional and director buying.Almost 8m shares exchanging hands today.Keep holding and adding.imho.

The million could be a roll over. Whatever, its a hefty chunk of trading and could trigger an announcement. Anyone else expecting to see some weekend press coverage? Could be a move up later this afternoon in anticipation.

Agree with Lex re excellent results etc. Also strong director buying previously shows great confidence in the future of MPH. Hopefully RNS soon showing who took these shares.

Seen this all before.Market holds down share price shaking out 'T' and short term traders expecting to make a quick buck.All you need do is continue holding a stock like MPH,eventually the rise north will come.

there it goes!

L2 now 2 v 1, Wins moved up off the offer.

Can't understand people selling here after such good results but each to their own I suppose. Seems that some who sell out looking for a quick buck will buy back when the price moves up on news, tip or RNS. But pay a higher price when buying again. Buy and hold for me here and buy again on some dips.

cant see many sells at the moment and larger purchase are starting to tot up...

Buying 34p or less is cheap.Purchased a few more myself.When breakout comes you'll have to pay premium 36p+.Buy low sell high.Buy the dips.imho.

There's an 'L' trade of 1,000,000, don't know if this is a buy or sell. Anyone else know?

Its a late notification...I think the trading time was something like 12.40 from yesterday. Where mph is at the moment I can only think that there are big buyers....doesnt appear to be much reason to sell...personally holding for 60p by March/April

Dividend statement giving key dates was released this morning. A reminder that things are going well with Marchpole.

And after a few days of consolidation, MPH is moving up this morning. News must come out soon of an aquisition, and the weekend press could well be speculating about this.

Some bigger buys going through today. 100,000, 250,000 and a 100,000 rollover. This could start moving up again after the recent consolidation while the cracking results were digested.

Boateng on the news last night. He's designed the new Coutt's Bank credit card in a rather nice purple. The news said it looks very similar to a Nectar Card. I know which one I would rather have! lol.

P

Busy x'mas shopping only 30 days left.Would be busy buying MPH in the sales if not fully invested.Bargain if you ask me.

Well lex, I added some more yesterday at 31.3p

capa

Could add some more at 30 if you want!

Today's price presents a great buying opportunity. Just have a look at this statement. Interims were excellent. Company said "its continuing success will be reflected in results for the full year".


09/11/04
Marchpole sees continuing success at FY after strong H1 UPDATE
AFX

LONDON (AFX) - Marchpole Holdings PLC, which designs, produces and sells clothing and accessories for six world class brands including Yves Saint Laurent, Boateng and Jean-Charles de Castelbajac, said its continuing success will be reflected in results for the full year.

The comments came alongside strong figures for the six months ended Oct 2 2004 which showed profit before tax up 216 pct to 2.5 mln stg from 0.8 mln on turnover up 97 pct to 15.7 mln stg from 8.0 mln.

Operating profit was up 194 pct to 2.6 mln stg.

The board also declared an interim dividend of 0.25 pence, compared with nil a year earlier.

YSL and Boateng combined Spring Summer 2005 order books are up 11 pct to 11.0 mln stg from 9.9 mln at same time last year. The JCC Spring Summer 2005 sales order book is at 2.5 mln stg.

Chief executive Greg Tufnell said the strong set of half year results; the successful launch and integration of Jean Charles de Castelbajac and the opening of the flagship store in Paris and the new licence agreement with Emanuel Ungaro show that Marchpole is succeeding in its strategy of developing current brands while extending the portfolio through acquisitions and licensing agreements.

The group's overall Autumn Winter 2004 order book currently stands at over 16.6 mln stg of which 86 pct has already been delivered to customers to date.

Excluding JCC there is a like for like improvement in the Autumn Winter 2004 order books of 28 pct for the YSL and Boateng brands compared to this time last year.

With these results, including the first season of JCC, and the new licence with Emanuel Ungaro in September the group is fulfilling its strategy of developing new brands and expanding the business -- a strategy which it intends to continue. The board said it is also currently in discussion with third parties to advance new opportunities both in terms of licensing and brand acquisitions.