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

cynic the design staff you keep quoting as leaving mph was in fact the designer for womens wear for Ungaro and nothing to do with menswear range connected with mph, as far as Boateng was concerned the company stood its ground and was awarded damages so get the facts straight. Results out Monday when we will all see how the company has performed. ............................Tesco

wrong! ...... even had you been right, the real point is that MM has no man-management skills and does not have the sense to recognise that fact by delegating to someone who does ...... as a result, the management shows its incompetence by losing its "seed corn" time after time after time ....... as for Boateng, it was a case of one super-ego having a fight with another to the benefit of neither in the long run, and certainly not the shareholders ...... and the results will be historic and not show what has happened since.

still want to bet on sp reaching 200 within 12 months?

MPH stupidly cheap against sector average.

Would normally expect share price to rise leading up to Interims announced after close tonight.Interims confirms strong transparent figures MPH more than capable of rise back to 150p+.No holdings.aimvho.


Marchpole Notice of Interim Results

RNS Number:6582H
Marchpole Holdings PLC
13 November 2007





Marchpole Holdings plc
Notification of Interim Results


Marchpole Holdings plc will announce its Interim Results for the 6 months ended
30 September 2007 on Monday 19 November 2007.



- ends -



Enquiries:

Bell Pottinger Corporate & Financial 0207 861 3232
David Rydell / Emma Kent / Amy Rajendran




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

END
NORFFLFWDSWSESF

No Cynic I will be happy with you eating your words and publicly stating it on here and if Its not at 2 within 12 months i will do the same..................tesco

very happy to do so! .... current figures should be fine, apart from the hole that must assuredly still remain from the loss of YSL ..... i can tell you that the menswear designer to whom i alluded fullfilled his/her word by completing the range before leaving ...... the replacement is said to lack experience shall we say.

though no company (or range) is or should be reliant on one person, it still highlights the incompetence of the management that they lose their design staff on a very regular basis

Show you know what your talking about What's the designers name" ..................tesco

no ..... but then nor do i care very much whether or not you believe me ...... i know i tell the abolute truth and that is all that matters

Tesco ... be a man and take his bet. It's only 50 quid that YOU WILL LOSE.

kitosdad, how can I place a bet with a poster who gets all his facts wrong and when put on the line says "i know i tell the absolute truth and that is all that matters"
Again final chance : Whats the designers name or lose all credibility.

i am more than happy to lose my credibility with Tesco ...... however, as i have known the designer in question for many many years, and even know the subsequent job that was taken and where, i think there is a very strong likelihood that i know both the sex of this designer and the precise post held at MPH!

figures and trading statement are miles worse than even i expected ..... i actually thought MPH would be able to paper over the cracks for another 6/12 months, but clearly not so.

Agree.Where were the profit warnings.Market & sellers knew.Greenmark not the bargain cracked to be. Provisionally valued @ #8m now reviewed & reduced to #2m.Kick in the teeth again for long term investors & does nothing to restore confidence.MM took a big bonus too hardly the way to restore sentiment & build fences with the City.No holdings but take no pleasure in watching.Possibly test 60p again?

me too, though i accept there is a somewhat subjective or even spiteful glee involved

pbracken - 19 Nov'07 - 08:49 - 2960 of 2960


Morris has misled shareholders, no question. The AGM statement gave no indication of today's FY profits warning, and it's inconceiveable that the Board were not aware of the likely shortfall in September. The FD's departure probably relates to some issue over the extent of the disclosure - why would Harrison want his reputation tarnished by a Chairman playing fast and loose?

It's very unlikley that MPH will make up the profits black hole in the second half, which means a second warning is imminent. The US, inparticular, has been a disaster, and the restructuring announced today is probably a precursor to the sale or closure of it.

In summary, poor results, deceitfully packaged and disclosed, from a board led by an inflated ego.

could not have put it better myself .... have been saying for months that the chickens would come home to roost sooner of later, the former being the case as it happens.

lex .... looking very much as though 60p will be tested toady rather than somewhere in the future.

tesco ...... don't say you were not warned several times ...... it's just that all has come to pass a lot quicker than even i envisaged.

momentos - 19 Nov'07 - 11:57 - 2998 of 3009


So the headline news is:

- US has turned shite and cant even manage USD5m on HY, where it was turning over USD20m FY before.

- UK Turnover ex Greenmark was probably around 11m.

- Admin expenses remain huge and unexplained.

- Cant even get a proper Finance director. Have one who retired from YourSpace two years ago as interim and someone who hasn't got the experience to be called anything more than "Chief Financial Officer".

- Something is up 60%, but god knows what. Not the fecking share price thats for sure.

My only question is why have Barclays gone all the way to 12%? They are hardly the stupidest investors. Are they holding for someone? Has the share price conveniently crashed for someone to pick shares up on the cheap?

Call in the regulators I say. In the last 12 months they have

- paid illegal dividends.
- failed to remember how many shares they have (share issue authority cock up)
- failed to giv a profit warning when clearly due
- paid disproportionate bonuses to execs to the detriment of shareholders
- misrepresented intangible values by 6m.

Hope they get fried tomorrow at the EGM. Bet Morris is "on holiday".

call in the regulators???????? ..... what is it with you guys?
as for Barclays, they showed their skills when piling in BFC just before it went belly-up!

John Harrison (ex FD) was a really nice guy, or so i am told, and he probably got fed up with MM trying to bully him into making announcements etc with which he did not agree.

Admin expenses can probably be explained away by set-up and licencing costs for the new acquisitions + high legal fees + MM's unwarranted and no doubt significant bonus

Morris holds around 5.29 mln shares or 19.48 pct
bet his bank manager is thrilled too, for that has cut MM's nett worth by 7.4m from the peak at 2.00

tesco ..... 20p is starting to look more likely than 200p! ...... to be less frivolous, i don't think MPH will go belly up, but it's certainly in the wrong sector and, as i have said before, fails to look after its key staff ..... i guess one might ask whether MM has the wherewithal to take the company back private, as i think was mooted some time ago, or if there is of sufficient substance to the company to make it a target for someone (at the right price!)