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

Yes but they are all sells. Its baffling me how a company with such good resul;ts can have suce a negative share price performance.why would 6 million shares be sold from what must be major investors? Unless they are being sold into the market to meet institutional demand?

Maybe they are directors buying in again. If they are all sells then surely we would have dropped quite a bit today. Perhaps funds buying. Will be interesting to see where this goes today.

how do you work out they are sells?
I would say at these sizes they are probably discounted purchases...

also an hour late in notification and the price has been recovering..

Double bottom.When the time comes watch MPH bounce to 40p.Excellent results,grows from strength to strength and company pays dividends.Win,win.imho.

agree... I tend to like my charting and see the same in the near future.
would think this is institutional buying after having studied the results.

Would come as no surprise to see RNS confirming institutional and director buying.Almost 8m shares exchanging hands today.Keep holding and adding.imho.

The million could be a roll over. Whatever, its a hefty chunk of trading and could trigger an announcement. Anyone else expecting to see some weekend press coverage? Could be a move up later this afternoon in anticipation.

Agree with Lex re excellent results etc. Also strong director buying previously shows great confidence in the future of MPH. Hopefully RNS soon showing who took these shares.

Seen this all before.Market holds down share price shaking out 'T' and short term traders expecting to make a quick buck.All you need do is continue holding a stock like MPH,eventually the rise north will come.

there it goes!

L2 now 2 v 1, Wins moved up off the offer.

Can't understand people selling here after such good results but each to their own I suppose. Seems that some who sell out looking for a quick buck will buy back when the price moves up on news, tip or RNS. But pay a higher price when buying again. Buy and hold for me here and buy again on some dips.

cant see many sells at the moment and larger purchase are starting to tot up...

Buying 34p or less is cheap.Purchased a few more myself.When breakout comes you'll have to pay premium 36p+.Buy low sell high.Buy the dips.imho.

There's an 'L' trade of 1,000,000, don't know if this is a buy or sell. Anyone else know?

Its a late notification...I think the trading time was something like 12.40 from yesterday. Where mph is at the moment I can only think that there are big buyers....doesnt appear to be much reason to sell...personally holding for 60p by March/April

Dividend statement giving key dates was released this morning. A reminder that things are going well with Marchpole.

And after a few days of consolidation, MPH is moving up this morning. News must come out soon of an aquisition, and the weekend press could well be speculating about this.

Some bigger buys going through today. 100,000, 250,000 and a 100,000 rollover. This could start moving up again after the recent consolidation while the cracking results were digested.