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Marchpole - Nice New Clothes (MPH)     

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

Matt7777 - 25 Oct 2006 10:44 - 569 of 715

presume stockprice has come back as estimates for clothing sales in autumn period have been reduced - disappointing trading at Debs, Next and M&S all leading to mid-season clearance sales to try to shift excess stock.

Not sure how the sub-brands that Marchpole make will be affected, but cant imagine trading outlook can be that strong

cynic - 25 Oct 2006 11:00 - 570 of 715

not necessarily true as MPH targets top market brands such as Ungaro which may well not be as affected as the likes of M&S ..... MPH has also pulled in some new names etc over the last months and (thank goodness) got shot of Greg Tuffnell .....

on the downside, i think there is still unfinished biz with Boateng which will assuredly mean more expensive lawyers fees, whatever the resiult, and however those costs are hidden.

just for the record, preliminary figs for y/e 31/3/06 were published 28/6/06 and the AGM was 12/9/06 ...... haven't checked back to last year, but it would look as though half year figures will not be announced until end December

cynic - 19 Feb 2007 20:06 - 571 of 715

somewhere along the line, i suggested 130 would be a reasonable target .... i note this has now been hit ..... for all sorts of reasons, i am out of love with the management ..... if you are a holder, then suggest you either lock in your profits or keep a very tight stop loss ..... MPH may still paper over the cracks for a while, but i refuse to believe that they can do so long term ..... bad management = bad management any way you look at it

chesneywilliam - 20 Feb 2007 16:04 - 572 of 715

Hi! cynic, did you not say recently that MPH was a pretty good company? With their recent two aquisitions and getting into Dubi the management appear to be very proactive.

cynic - 20 Feb 2007 16:27 - 573 of 715

MPH have also just secured a deal with some shoe manufacturer too ...... however, while sp may look rosy now, i feel it may be like the swan trying to swim upstream against a fast current ...... suffice it to say, that though i was a big fan once Tuffnell got booted, i have now changed my mind ..... i shall not be buying!

tesco888 - 20 Feb 2007 22:51 - 574 of 715

we shall have to wait and see if your pessimism is well founded cynic, i tend to think your grasp of fundimentals are limited and the market agrees with me today, but tomorrow is in the land of the gods, good luck

cynic - 21 Feb 2007 05:49 - 575 of 715

my view of MPH has a certain subjectivity ..... no i do not work for them!

chesneywilliam - 23 Feb 2007 18:07 - 576 of 715

tesco888, mph after that magic lift seems to be holding, as said before the management appear to be very proactive. Doyou have any thoughts on future movements on the sp.

tesco888 - 24 Feb 2007 22:51 - 577 of 715

Chesney I believe the price will move to the 2.00 level by the time the year end financial numbers are published around the 1st week of June and gradually move forward to 2.50 3.00 by the end of the year. As you say very proactive board with more Licences and possible acquisitions lined up inv. The turning point will be interim figures issued around the 2nd week of November based purely on existing brands and excluding any YSL content showing growth post YSL..............................good luck
PS Russian Licences due to be announced next week.

cynic - 25 Feb 2007 07:30 - 578 of 715

the management may be proactive as you call it, but it has no idea how to treat and keep its key staff; not management people, but those who really produce the profits ...... it would be pertinent to ask what their turnover in design staff is.

tesco888 - 07 Mar 2007 22:45 - 579 of 715

Acquisition accepted and confirmation announcement tomorrow, time to rock and roll babe...............................................next stop 2.00....good luck

kate bates - 19 Mar 2007 15:58 - 580 of 715

been bought by www.chart-breakouts.co.uk last week and tipped by telegraph, hold a few from 3 years ago in cert form, plenty of recs this stock, any targets?

tesco888 - 20 Mar 2007 08:54 - 581 of 715

Kate 2.00 within the month then 2.50 to 3.00 later this year, great buying opportunity now that revenue from ysl has been sorted by acquisition and new licence signings imho

back4packer - 29 Mar 2007 11:53 - 582 of 715

ticked up - on the move again towards 180p next stop IMHO

cynic - 29 Mar 2007 12:31 - 583 of 715

my memory is that average daily volume used to be about 140k shares a day, but is now barely 40k .... strange

back4packer - 29 Mar 2007 12:37 - 584 of 715

another tick up on the mid-price

volume over 80k already today (some trades show only on PLUS Markets)

cynic - 29 Mar 2007 12:45 - 585 of 715

spread has merely widened!

back4packer - 29 Mar 2007 14:15 - 586 of 715

correct spread has widened...online quote moved from 163.2/164.6 to 163.6/165.7

Trading Update soon IMHO.

Have a nice day

cynic - 29 Mar 2007 14:52 - 587 of 715

please may I have 1,000,000 of those shares at 145.7?

back4packer - 30 Mar 2007 09:17 - 588 of 715

good morning

a small tick up again today



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