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

MPH perkier today & lots of activity.Director buying 200k shares.Further shares bought 800K, 1m @ 20p buyer(s) unknown and mms buying.

Watch this space.Place on monitor watch list.

more to the point it was MM who bought 200k shares talking his holding to just below 20%

Tick up this morning 20p-20.5p.

That 1m buy paying premium @ 20p to me sends out a very strong buy signal.

Chance to get in for under 21p.

Remember reasonable yield from dividend.

27 Jun 2006 Final GBP 0.45 31/03/2005 31/03/2006 16/08/2006 18/08/2006 14/09/2006 0.70
15 Nov 2005 Interim GBP 0.25 01/04/2005 01/10/2005 28/12/2005 30/12/2005 31/01/2006

My views on this company can be seen on posts 554-556 ..... I am now liking the feel of it even more, notwithstanding that it is dependent, at least to some extent, on UK retail sales ..... However, I not think that the high end fashion, which is MPH's mainstay, is as affected as the ordinary high street retailers ..... Since MM took over day to day running, the company feels much more dynamic, as highlighted by today's RNS ..... I think the shares are worth tucking away

Up 5% today, could move quickly in the run upto results (last year was mid-November)

clearly the shares have been consolidated, but do you know the ratio?
presume 5:1 which would imply an "old" price of about 21p

Yes 5:1

presume stockprice has come back as estimates for clothing sales in autumn period have been reduced - disappointing trading at Debs, Next and M&S all leading to mid-season clearance sales to try to shift excess stock.

Not sure how the sub-brands that Marchpole make will be affected, but cant imagine trading outlook can be that strong

not necessarily true as MPH targets top market brands such as Ungaro which may well not be as affected as the likes of M&S ..... MPH has also pulled in some new names etc over the last months and (thank goodness) got shot of Greg Tuffnell .....

on the downside, i think there is still unfinished biz with Boateng which will assuredly mean more expensive lawyers fees, whatever the resiult, and however those costs are hidden.

just for the record, preliminary figs for y/e 31/3/06 were published 28/6/06 and the AGM was 12/9/06 ...... haven't checked back to last year, but it would look as though half year figures will not be announced until end December

somewhere along the line, i suggested 130 would be a reasonable target .... i note this has now been hit ..... for all sorts of reasons, i am out of love with the management ..... if you are a holder, then suggest you either lock in your profits or keep a very tight stop loss ..... MPH may still paper over the cracks for a while, but i refuse to believe that they can do so long term ..... bad management = bad management any way you look at it

Hi! cynic, did you not say recently that MPH was a pretty good company? With their recent two aquisitions and getting into Dubi the management appear to be very proactive.

MPH have also just secured a deal with some shoe manufacturer too ...... however, while sp may look rosy now, i feel it may be like the swan trying to swim upstream against a fast current ...... suffice it to say, that though i was a big fan once Tuffnell got booted, i have now changed my mind ..... i shall not be buying!

we shall have to wait and see if your pessimism is well founded cynic, i tend to think your grasp of fundimentals are limited and the market agrees with me today, but tomorrow is in the land of the gods, good luck

my view of MPH has a certain subjectivity ..... no i do not work for them!

tesco888, mph after that magic lift seems to be holding, as said before the management appear to be very proactive. Doyou have any thoughts on future movements on the sp.

Chesney I believe the price will move to the 2.00 level by the time the year end financial numbers are published around the 1st week of June and gradually move forward to 2.50 3.00 by the end of the year. As you say very proactive board with more Licences and possible acquisitions lined up inv. The turning point will be interim figures issued around the 2nd week of November based purely on existing brands and excluding any YSL content showing growth post YSL..............................good luck
PS Russian Licences due to be announced next week.

the management may be proactive as you call it, but it has no idea how to treat and keep its key staff; not management people, but those who really produce the profits ...... it would be pertinent to ask what their turnover in design staff is.

Acquisition accepted and confirmation announcement tomorrow, time to rock and roll babe...............................................next stop 2.00....good luck

been bought by www.chart-breakouts.co.uk last week and tipped by telegraph, hold a few from 3 years ago in cert form, plenty of recs this stock, any targets?