Socrates
- 30 May 2003 18:58
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
bradley007
- 13 Jan 2005 10:47
- 449 of 715
I have been in an dout of MPH for a while... havent been
keeping up withthe Boateng situation.. can anyone enlighten me?
Also got into a similar play that came on today HRD.
Thanks for your help in advance.
lex1000
- 13 Jan 2005 17:25
- 450 of 715
bradley,click on quote for MPH and news dated 30/11/04 & 15/12/204 refers.Minor falling out over respective obligations re:contractual agreements,hopefully sorted out in the not too distant future.Ruling favours MPH awarded costs,withholding payments etc.Storm in a tea cup best describes.
MPH trading is strong,however,sp down on general retail sentiment and in time should recover back to 37p upwards.Holding.imho.
lex1000
- 20 Jan 2005 22:06
- 451 of 715
cud be heading for a dip and double bottom.Watch for possibility of drop to 25p where expecting buyers to pile back in.Intra day low of 22p/23p last time.Fingers at the ready on the buy buttons.imho.
016622
- 21 Jan 2005 10:15
- 452 of 715
bounce could be here...
lex1000
- 21 Jan 2005 13:53
- 453 of 715
Still in risng trend and possibly may trade sideways until divi paid out this coming wednesday.Good value at these levels and possibility bounce is on.Holding.
016622
- 21 Jan 2005 15:57
- 454 of 715
the afternoon of the regular purchase!
31,100 gone through several times
bradley007
- 21 Jan 2005 20:02
- 455 of 715
Guys.. HRD up to 7.25- 8 after aprofil on working lunch.. nice play to compliment my MPH...
lex1000
- 27 Jan 2005 23:23
- 456 of 715
Dividend received on 26th Jan.Interesting trades today which possibly is first positive signal of move north.Next week should tell.R=30p.
dawsinho
- 07 Feb 2005 07:35
- 457 of 715
Good Stuff!
Marchpole Holdings PLC
07 February 2005
7 February 2005
MARCHPOLE HOLDINGS PLC ('Marchpole' or the 'Company')
Holding in the Company
Marchpole announces that following the purchase of 185,000 ordinary shares of 1p
each in the Company ('Ordinary Shares'), Man Financial Limited, a member of Man
Group PLC, notified Marchpole on 25 January 2005 that it is now the beneficial
holder of 5,400,000 Ordinary Shares, representing approximately 4.08 per cent.
of the Company's issued share capital.
Enquiries:
Justin Hampshire, Finance Director 020 7908 7777
This information is provided by RNS
The company news service from the London Stock Exchange
lex1000
- 07 Feb 2005 07:39
- 458 of 715
Man Group aquiring more.Been a few million shares being hoovered up recently.Who else has been buying.Good news and chart becoming more interesting by the day.
dawsinho
- 07 Feb 2005 08:05
- 459 of 715
Sure we'll find out in good time. No expert on the charts, but is a golden cross forming? Very bullish buy sign.
stockbunny
- 07 Feb 2005 16:14
- 460 of 715
I'm not a chart expert dawsinho either so I wont venture an opinion
on the chart but I have just bought some shares!
I liked the look of:
The company, the Xmas sales figs in a very harsh retail environment,
the volumes going through, the past share price performance, the future
prospects, the fact it reports in the not too distant future and the fact
that big names (Man Grp) are also buying in.
All in all that suits me!!
:>)
dawsinho
- 07 Feb 2005 18:35
- 461 of 715
Stockbunny,
Bought some more myself last Friday! The SP has been kept back over recent months but the long term trend line looks very nice. The figures over the last year have been very good. Looking forward to updates on the OB situation, plus news of any possible acquisitions..
Man Grp buying again is another plus point, which bodes well for the future. Good luck with the investment; although i have a feeling you wont need any!
016622
- 08 Feb 2005 08:41
- 462 of 715
No expert by any means but there is a lovely pennant forming and breakout above 29p would appear to show 36 again, short term... dyor
lex1000
- 08 Feb 2005 08:47
- 463 of 715
Did you notice that there were two announcements yesterday.Second sneaked in after belated notification of the first that Man Group % holdings increased twice yesterday.4%+ to 6%+.Nice to see that they have gone long.Bodes well methinks.
Recent News
07/02/05 13:52 Holding(s) in Company RNS
07/02/05 07:00 Holding(s) in Company RNS
016622
- 08 Feb 2005 08:52
- 464 of 715
certainly seems like a good price to be buying at
stockbunny
- 08 Feb 2005 16:09
- 465 of 715
Not a lot occurring today chaps :>(
lex1000
- 08 Feb 2005 16:23
- 466 of 715
Treads water sp held down large buyer continues accumulating?
lex1000
- 09 Feb 2005 09:19
- 467 of 715
Stale bulls selling and institutions accumulating.In for the long term. announcements could come out at any time.
Ticks up on 100K buy.
lex1000
- 17 Feb 2005 00:08
- 468 of 715
Comment below from Hemscott daily market report today:
'Marchpole
A subscriber has asked us to comment on the recent decline in the shares of Marchpole, a company which we tipped in February last year at 13.5p and subsequently sold in May at 19.25p. Since February 6th the shares have fallen from 28.75p to 25.5p today. This is rather puzzling since there has been no news from the company, which produces and sells designer clothing for labels such as Yves Saint Laurent, Boateng and Jean-Charles de Castelbajac, during that period to trigger this fall.
Indeed, the last news we had was on January 10th when the group reported strong trading in the run-up to Christmas and said it remained confident in its outlook for the year. The shares shot up to 30.25p that day but have slipped steadily back since then. House broker Shore Capital is forecasting that full-year profits will rise 68% this year to 4.5m, with 5.4m pencilled in for next year. That gives a forward PER of 9.1, which is low by any standards, and a prospective dividend yield of 2.7% so the current dip in the share price might be a good time to consider getting back in.'