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

gosh! i didn't even have to voice my own view

cynic

Glad you like it, I am just a plain talker, but I do go for the jagular when I catch them with the trousers down.

below is what I posted at the competitor and I have used your nickname, I hope you did not mind, the way I done it........

Master RSI - 18 Feb'08 - 15:24 - 3958 of 3960 edit
Time to give up you campaing (action group) and overage down otherwise "cynic" will tossed it to your own face.

Make up you mind "momentos" are you holding or not? no one goes to such a lengh if not.
or is the memory faultering?
or maybe the wind is blowing the wrong way? NE today

Well eventualy my prediction has come true now 14 - 15.50p+1.50p

cynic

"momentis" at the competitor has gone "mad" and spoild "her own thread

still think this company, and especially its management, stinks!

cynic

it may, but sure there is value at this market cap.

Time for a good bounce

if i were to venture into high street stocks, it sure wouldn't be with MPH .... half tempted by Woolies tho

if MPH bounce, it will surely only be a small and unsustainable DCB ..... 2 profit warnings so far .... old adage of course predicts 3

woolies if it comesback close to 10/10.50p

I was in and out at 11.75p

Woolies ...... Preliminary Results Announcement: 02 April 2008 .... need to look at what they said about Christmas trading on 18th January

Last Sunday I selected again the shares to do better things soon Yesterday they started moving and today further up on better volume

Sun 23

MPH

16.75p

Master RSI

Large trade last Thursday, looking like an overhang being cleared buys apearing no sales, Indicators oversold ready for turn. Company being valued at 4.5M although this year expect to make a loss, only last year made 8.5M on sales 90M undervalued long term

depends on your view of Mr Morris!

The much expected Hardman report is out on April 08.........

MARCHPOLE

We welcome the appointment of John McCauley as a much needed full-time finance director.
The share price has suffered recently due to high indebtedness and a cash outflow of 12.6m (42% of sales) in the last reported half year.
A contract in the US was badly priced and resulted in an unexpected 0.6 loss on sales of 2.5m in the first half.

We forecast that Marchpole will post a c.a. 3.2m loss for the current year and that losses should continue in the first half before breakeven is reached in the second half.

The company still has problems: some trade receivables are proving difficult to collect, turnover is running at 25% of its peak, and the fashion industry is in recession.
But equally, Marchpoles debt should be now on the decrease, its market cap is less than 15% of sales, the company is likely to be in profit on a month by month basis within six months and will benefit from a more professional financial management.
Any new business wins from this point could boost both earnings and share price.

oh dear! ..... where's the good news? ..... there is none, Silly Billy

warned that the chickens would come home to roost and so they have ....... FY loss and no divi and sp down about 20% to just 7.5p

cynic

re- warned that the chickens would come home to roost and so they have

Maybe a few too many warning from you, only posting when share price is down.

One has to see value where there is some, yesterday's deal by "Donna Karan" taking a 29.9% stake for 2.5M ( market cap at the time for 100%) show the real value

--------------
Marchpole Holdings, Donna Karan International form JV

LONDON (Thomson Financial) - Marchpole Holdings Plc. said it has formed a
joint venture and strategic licensing pact with Donna Karan International Inc.,
part of the Louis Vuitton Group, under which Marchpole will source, design,
produce and distribute a full range of DKNY menswear apparel with the active
involvement of Donna Karan International in New York.
The fashion brand management group also said that the agreement is for an
initial period of seven years, with an option to extend the licence for an
additional seven years.
A new company has also been formed to carry on the business of the joint
venture between Marchpole and Donna Karan International which will be owned
initially as to 90 percent by Marchpole and as to 10 percent by Donna Karan
International, the company said.
Donna Karan International's holding may be increased to 15 percent in year
three and to 20 percent in year seven upon the exercise of warrants which it
will hold over new company's shares, it added.

Director fill UP their boots after the news ( they could not do it earlier )........

6 August 2008 -- Marchpole Holdings plc
Directors' Shareholdings

The Company announces that, today, the following directors acquired Ordinary Shares of 5
pence each in the Company:

------------- Name of Director -- Number of shares -- purchase
Michael Morris -- Executive Deputy Chairman 250,000 @ 14p
held following purchase 5,538,343 19.30%

Ronald Stirling -- Non-Executive Director 200,000 @ 14
held following purchase 309,500 1.08%

Harvey Shulman -- Non-Executive Director 250,000 @ 14
held following purchase 402,000 1.40%

so buy if you want, but recommend that you walk through Knightsbridge or even your own high sreet and see how many shops are up for sale and how few customers there are in those still open ....... i happened to be in SW1 yesterday and was horrifed by how quiet it all was

This looks a bit similar to HTT "Hot Tuna" Which I am in !! They have had a bad few years and are now under New management and they have had a good result with the Summer season for Hot Tuna increased nearly four-fold to US$2,118,000 (2007: US$593,000):
in the UK and Europe have increased 454% from 100,000 to 554,000;

And A few more updates on the HTT thread !!

htt - t/o or profit!

how very careless .... yet another FD resigns having only been in office since November (I think) ...... still reckon this is a well run company???

aye ! I think I will stick with my "HotTuna" :)