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

Capa: Can't agree. The RNS stated "Man Financial Limited...is the 'beneficial' holder of 5,395,000 ordinary shares"

Marchpole Holdings PLC
28 September 2004
For immediate release
MARCHPOLE HOLDINGS PLC
( the 'Company')
Holding in the Company

The Company was notified on 24 September 2004 that Man Financial Limited, a
member of Man Group PLC, is the beneficial holder of 5,395,000 ordinary shares
of 1p each in the Company, representing 4.07 per cent. of the issued share
capital of the Company.

Online buy limits are now down to max 15K.

And up she goes again!

good day...

Thanks to the Geordie influence. That's what happens when I buy a cfd!

Eric

It appears my sale might just have been a bit premature.

Best of luck folks and hope it gets better yet.

016622 - no probs on the questions. Will always answer if possible. ;-))

Bounced nicely off recent intraday lows 22p-23p and now back to where director buying of 27.5p & 29p.Was a buy on weakness and subsequently buying the rise.Holding tightly onto these.

Those that have taken profits on recent bounce good on you.A profit never a profit until taken.I would say MPH offers a very good buying opportunity up to 35p and on that basis excellent opportunity to buy @ 29p or less.Expecting rise to 40p-50p over the coming months,a return of 37%+ from fridays close.imho.

I've just found another Institution with a sizeable stake in MPH.

www.rathboneunittrusts.com
http://www.trustnet.com/ut/funds/?fund=410

The following shows the top ten holdings in their Rathbone Special Situations Fund, which is Rated 5 Star by Micropal. This fund was then valued at around 126.6 million, on which basis they had around 1.6 million invested in MPH.

Portfolio history
Group Name Rathbone Unit Trust Management Limited
Fund Name Rathbone Special Situations Fund
Fund Type United Kingdom - Income Unit

Largest holdings %
29-Oct-2004
FIRST CALGARY PETROLEUMS 1.84
BURREN ENERGY 1.76
LIONS GATE ENTERTAINMENT CORP 1.49
MARCHPOLE HLDGS 1.28
BT GROUP 1.18
STERLING ENERGY 1.16
TOPPS TILES 1.15
BRAEMAR SEASCOPE GROUP 1.04
PARKDEAN HOLIDAYS 1.04
CARILLION 1.03

It will be interesting see their updated list for November when it's released.

With a surge of buying on Friday, it will be interesting to see whether we can break above 30p this week. On the basis of their business success, they are certainly undervalued. Good Luck!

09/11/04
"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.
...
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."

Morning all. Not a good start to the weak. MPH seems to have run out of steam for now. Unless support arrives fairly soon, I can see further weakness developing. No doubt many are sitting on their hands waiting for a cheaper entry point. What this will be we will have to wait and see.

yes...sold mine this am at 28.5 and probably wont get back in until 30p becomes support..

Afernoon all. Looks as though we are moving back up!

Expect some fun later this afternoon. Online can sell 100,000 but buy capped at 25,000. MMs seem to want to accumulate some stock. Big buy order (not on-line!)just put in? Hold tight.

Trades since 11.30 have consisted of nearly all buys. Only 500 shares were sold during this period.

Well done, 01662, better sp than anything shown in live trades. Interesting day with selling dominating in the morning and buyers back in this afternoon. My gut feel is that the weekend appraisers have taken the opportunity to get out on a partial recovery (with some derampers?) and that we are now seeing the beginning of a sustained period of buying. Happier with the pattern this way round!

Eric

I beg your pardon mr Robson!!
08.23 sell 28.36... deramped by .14p

016622

Still the best of the day so congrats are in order. Mind, I would prefer to be in than out as probability (my view0) in favour of rise from here - my earlier comment gives this interpretation of today's trading.

Eric

Good to see early buys this AM

I liked this from Marchpole's website, www.marchpole.com

"In the future Marchpole will capitalise on its knowledge and market positioning to pursue the acquisition of further brands and continue to take the Company from strength to strength."

Welcome to Marchopole Holdings plc website. Marchpole thrives on its Brand Management expertise and its ability to design, produce and sell menswear clothing and accessories for well known brands in the apparel marketplace. Over the last 2 years the Company has successfully turned itself around and has expanded into new markets and opportunities. This success is reflected by the Companys recent licencing of the Emmanuel Ungaro and Ungaro brands. Along with the Castelbajac acquisition which was completed earlier this year, these licences have opened up significant worldwide product opportunities. The Company also represents two of the strongest forces in the menswear fashion sector, Yves Saint Laurent and Ozwald Boateng. Marchpole is committed to creating and harnessing innovative ways to enhance its performance and increase shareholder value. In the future Marchpole will capitalise on its knowledge and market positioning to pursue the acquisition of further brands and continue to take the Company from strength to strength.