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

I don't see a reference to the profit to 9 mths in the RNS. Any idea?

Not yet. Wiil wait for the day to unfold and see if there are any more updates. Haven't got time at work to day to investigate unfortunately.

P

Excellent news for holders. Strong demand.Strong trading over the Christmas period!


Marchpole Holdings PLC
10 January 2005


For Immediate Release 10 January 2005



Marchpole Holdings plc
Q3 Trading Update

'31% increase' - 'Strong demand'


Marchpole Holdings plc, which designs, produces and sells high quality clothing
and accessories for six world class brands (Yves Saint Laurent, Boateng,
Jean-Charles de Castelbajac ('JCC'), Rossignol, Emanuel Ungaro and Ungaro) is
pleased to announce their third quarter trading results for the period ended 1
January 2005.

Strong demand for all brands has delivered sales of 6.2m (2003: 4.7m) 31%
ahead of prior year.

Cumulative sales for the nine months to 1 January 2005 are 21.8m (2003: 12.6m)
72% ahead of prior year.

Chief Executive, Greg Tufnell commented:

'We are very pleased with the quarterly and year to date performance of the
company, including our strong trading over the Christmas period. Our brands
continue to be well received by our customers and we continue to experience
excellent sell throughs.

'The Autumn Winter 2005 collections are now ready for sale, including the new
Emanuel Ungaro and Ungaro collections, and we remain confident about the
prospects for the full year and for the future.'



For further information contact:

Marchpole
Greg Tufnell - Chief Executive
Justin Hampshire - Finance Director
020 7908 7700

Shore Capital
Alex Borrelli
020 7408 4090

Buchanan Communications
Tim Thompson / Nicola Cronk
020 7466 5000



Notes to editors:


Marchpole announced in September 2004, strong interim results for the six
months ended 2 October 2004, with operating profit up 194% to 2.6 million
(2003: 0.9m) on increased turnover of 15.7 million (2003 : 8.0 million).



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

Premium paid 114,776 @ 32.5p!

Wait for the sellers to come in.............

P

Perhaps premium buyer @ 32.5p should have waited.Currently 30p/31.5p ask =31.31p

Great news for all holders! Lets hope for some more positive statements regarding the "storm in a tea cup" and the possible capture of the Feraud buisness...

Fraud business.......sounds a bit dodgy! LOL

P

edit.

from advfn

Cat - 10 Jan'05 - 08:57 - 5886 of 5890


MPH - BUY note just out from Peels.
Summary:
Q3 sales +31% on last year, Ytd sales +72% on last year. This is marginally ahead of our current sales estimate assumptions (Q3 sales +28%). No upgrade at this stage but with strong sales visibility (c4-6 months), scope for a FY upgrade still exists despite the impact of new contract set up costs. Also - expect further news of new licence wins going forward.

barryrog - 10 Jan'05 - 09:01 - 5889 of 5890


there may be a small amount of short term profit taking but this will be heading for 35p + before the full year.
with the co. already announcing high expectations and with the share still trading on a single digit forward p/e with over 30% growth it still rates as one of the most undervalued stocks around.
what other high street retailer can hope to get even near a 30% growth for the lead up to christmas.

Fraud? Marchbank is in talks to acquire the Louis Feraud brand! ROFL!

Technical signals moving positively. Fundamentals good. Parsonmead unnecessarily parsimonious - that the trouble with these clerics! The future is bright! The future is Marchbank!

Eric

Lex1000,

Just realised it my post sounds a bit dodgy... lol

http://www.thisismoney.co.uk/news/article.html?in_article_id=394528&in_page_id=2

Just realised how i spelt it!........................................ doh

dawsinho,please edit your original post adding an "e" to read Feraud not fraud!

EWRobinson: LOL

Parsimonious

Great to see the humour on this board. Fun support for a fun company. By the way, Christmas not really important for men's tailoring! Ahead of the forecasts again! New brands afoot. sp well below the high. legal case a storm in a teacup. Great share to tuck away.

Eric

Eric,

Must agree, have high hopes for mph in 2005. Hopefully the spat with Boateng will be dealt with soon and we'll have another brand or two on board this year.
So far Feraud (spelt with an E!) looks like an almost cert and maybe Cerruti is a possibility?

Shall wait and see..

Didn't expect todays sp drop, seems strange that so many people are selling! Same thing happened just before the trading update and lots of people missed out on the rise. Oh well each to there own..

A lot of 'stale bulls' to be cleared out. Once they have gone, the share should resume its climb north again. Chart looks a bit of a mess though with no clear direction.

seems as though a lot of people went to sleep last night already determined to lock in yesterdays (mon) increase. Easily done; fall asleep dreaming of percentage gains, wake up, drink several cups of coffee and before you know it your finger is autopiloting on the sell button. I expect/hope to see much more positive next few days.