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

Thanks for that lex, agree with brianrog, think the tide has changed! Must remember the sp did rocket last year and needed a bit of a rest...

Similar article in Sunday Times today.

that is the 4th buy recommendation in the last month
since then, there have been a number of 'Big Boy' buys.

For people on here who don`t read the advfn board, an e-mail from JH:-



Thank you for your correspondence and interest in Marchpole. As you will be aware, as a plc we are subject to the usual regulations and cannot give any information that is not already in the market.



Regarding your query about progress with any further acquisitions. Since the current management joined Marchpole we have grown the business from being dependent solely on YSL into a business that has six world class brands comprising: Yves Saint Laurent, Boateng, Jean-Charles de Castelbajac and Jean-Charles de Castelbajac / Rossignol, Emanuel Ungaro and Ungaro. We are pleased to say that these brands have already proved a success. While it continues to be Marchpole's strategy to grow through not only extending through acquisitions, we are also working to develop these brands through organic means.



As you will understand, we want to be certain that we are choosing the right brands to bring under the Marchpole umbrella.



We will of course make any announcements when we are in a position to do so in order to keep shareholders informed of progress.



I hope this has answered some of your queries and may I take this opportunity to thank you for your interest. We are very aware of the importance of our shareholders and hope to have the opportunity to meet you at our AGM.



Best regards,

Justin Hampshire



The crucial statement is "have already proved a success"

Thanks for that ddl, don't always have time to read advfn! Think we'll open blue on monday with all this coverage.


Marchpole directors juggle holdings as shares recover

MARCHPOLE may be one of the stock markets smaller companies but it has been punching above its weight in newsflow.

Announcements on strong Christmas trading and a European distribution deal for its luxury goods have helped the shares recover from a pre-Christmas dip.

There has also been activity in the boardroom, with two directors trading shares in the last three weeks.

In January, finance director Justin Hampshire sold 280,000 worth of shares after exercising options at 4.75p. He still holds 500,000 shares and options over 500,000.

Last week, founder Michael Morris, a former CEO at the company and now an executive director, topped up his stake with a 25,750 investment.

He now holds 25.5 million shares in the company, worth almost 7m.

Marchpole Holdings has licensing deals with major luxury brands including Yves Saint Laurent, Boateng and Emanuel Ungaro. Last month it revealed strong sales over the festive period, with third-quarter sales up 31% to 6.2m and sales over the nine months to January 1 up 72% on 2003.

The Yves Saint Laurent brand makes up three-quarters of sales, but Marchpole recently expanded by buying Jean-Charles de Castelbajac, the French couture brand, and taking on the licence for Ungaro.

Last week it struck a European distribution agreement with Camiceria Giemme for the Ungaro brand.http://scotlandonsunday.scotsman.com/business.cfm?id=219022005

AND THE TIMES TO:


"Directors' Deals: Morriss fashion statement with more Marchpole shares

MICHAEL MORRIS, 58, executive director of luxury fashion designer Marchpole Holdings, is steadily rebuilding his holding in the group he founded.
Last week he bought 100,000 shares at 25, taking his stake to more than 25.5m shares nearly 20% of the group.

Morris has a chequered history with Marchpole. He was ousted as chief executive in 2000, but was invited to rejoin the board in 2003 to help with sales and marketing.

He has recently been a consistent buyer of shares in the group, which designs and sells clothing under licence for luxury brands such as Yves Saint Laurent (YSL), Emanuel Ungaro and Boateng.

Last month the company reported third-quarter sales of 6.2m, 1.5m up on last year.

The shares have come back from the highs seen last October, after a contractual dispute with Ozwald Boateng and fears that changes at Gucci could see it lose its key licensing agreement with YSL in 2007."http://www.timesonline.co.uk/newspaper/0,,2770-1501888,00.html

Looking good today :>)

MPH blue 5.4% up on the day.R=30p.

At long last we seem to have broken out of the downtrend. When we finally get the trading update (next week?) this will really fly again. A very sudden change in market sentiment - and most welcome.
Pondy

I share your optimism Pondie but don't say it too loud and
tempt fate ;>)

i do too, the update should give it another boost, a great short to medium term share to me. 28p today

Tipped in Shares mag today, anyone got access?.

are you connected in anyway to dandelion mcdoodle

no

positive write up in shares mag. director recently bought 100,000

helpful stuff.

Why a trading statement last year (4th March), but nothing this year?

Boetang issue resolved. See the RNS.

P

Ok resolved but will it make for the best working relationship
from here? Share price tiny drop may suggest some have their doubts
which would be a shame - when's that trading statement due?

What do you lot make of this one today..

Big volumes changing hands, guess people aren't sure which way
it's going to go, plus the hangover of the large clothing retailers
reporting having a bad time - lot of speculation even the mighty NEXT
will report things are tough. It all needs to settle down a fraction.