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

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" :)

whoops-a-daisy! ...... looks like the chickens have come home to roost, to rather mix metaphors ....


Share trading in fashion supply group Marchpole has been suspended.

Marchpole, which owns or has the licenses for brands including Emanuel Ungaro and Jean Charles de Castelbajac, said that it had requested that the Financial Services Authority suspend the company's listing, and trading in the company's shares on the London Stock Exchange pending clarification of the group's financial position.

Last month, Marchpole said that trading conditions had been "extremely difficult" as a result of the ongoing financial crisis.

A statement from Marchpole said: "The board said it was taking all appropriate measure to deal with the current challenging economic environment and is maintaining a regular dialogue with the company's bankers, in common with most other businesses exposed to the retail sector."

i should clarify that i do not actually wish MM personal misfortune, even if he has probably brought it on himself ..... however, that he could not see that (his) awful man-management made it almost inevitable that the company would eventually hit the rocks, really is unbelievable

Administrative receivership.

Don't own thankfully.

Sympathies with those that do.