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

looking forward to a Positive Trading Statement this week IMHO, to propel this share up further

I will contact ceo and inquire if a trading statement is imminient and whats happening regarding Boateng court case. Looking good value to move north again soon. happy days all

i would rather doubt that Michael Morris will give you any info ..... damn sure i wouldn't! ..... would merely tell you that when there is news to impart it will be done through the proper channels.

No trading statement expected until the second half of June and Boateng case in January 2008.................................25k trade at close, good luck

out of curiosity, to whom did you speak? ..... bet it wasn't MM!

curiosity killed the cat cynic, something's are best kept confidential , have a good easter.

it was almost a rhetorical Q

useful up-tick today, but volumes remain pathetic at about 55k .... mind you 3m avr is only just over 40k

.

Great day +8 and alot more to come, as stated in the Telegraph hugely undervalued. It would not surprise me to here of another acquisition in the pipeline, but nice to see market confidence in mph returning, next stop 2+ before results are out..........good luck all.

"stated in the Telegraph hugely undervalued" ...... when?

HI CYNIC

can you help on (SIT) it about 14 down from this one thanks

In the telegraph
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/03/18/cxequit18.xml

Marchpole comes into fashion

It seems that Marchpole Holdings (161p), the fashion brand company, is finally winning over the sceptics.

The company, which manufactures clothing lines under licences from bigger companies, previously made most of its money through a long-term deal with Yves Saint-Laurent. That deal ended last year, and the market pummelled the company's shares accordingly.

Marchpole Holdings share price graph


But the business is now proving that it can claw back its revenues through deals being struck all over the world. Last month the company bought Greenmark, a designer, importer and distributor of women's shoes, in a deal which was instantly earnings-enhancing. Marchpole's shares were marked up 10 per cent as soon as the deal was announced.

Last Monday the company announced that it had struck a distribution agreement with Chalhoub group, the Dubai-based fashion group, which markets brands including Ralph Lauren in the Middle East. It also announced a deal with Crocus, a major Russian retail distribution group.

Although last week's deals gave a further boost to the group's shares, Marchpole is still trading on less than eight times earnings.

The shares are also on a prospective dividend yield of 2.6 per cent.

Now may not seem like a great time to buy into upmarket fashion labels, but everything has its price. Marchpole is trading at a huge discount to the general retail sector and analysts believe there are more deals to come. Buy.

3 next stop, sooner than we may think,happy days...................................tesco

certainly sp has had a good break upwards, taking it quite comfortably past the previous all time high of +/-184 .... today it is retracing and will (is!) test that level again .... if it holds and bounces, then we are in no-man's land, but whether 3.00 is a ralistic target any time soon is pretty debatable

foe ease of viewing, this is a larger scale chart with the previous all time high point marked in

red = 25 dma
green = 50 dma
black = 200 dma

sp and volume have gone to sleep so have taken a decent profit and will now sit back and wait for rsi to unwind and/or sp to fall back and/or 25/50 dma to catch up with sp

unless i am much mistaken, Marchpole are now looking for (at least) a couple of designers to replace those leaving (or already left) ..... rumour on the street is that the management just does not appreciate or look after its greatest asset (the designers) and few stay more than a year or two ..... a very poor reflection on the management whatever the figures may currently say ..... sooner or later it will come home to roost, for if that is the company ethos, then it will be reflected elsewhere in the business.

Rumour on the street is that the Queen has decided to go bed and breakfast this year for a change and to save money will be happy with a chunk of bread and a packet of crisp most days for lunch..........................................honest

mock if you like, but i clearly have better and more accurate ears than you in the fashion industry .... i have made money from MPH, but still reckon the management stinks, even though they got shot of Tuffnell