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

Maverick Entertainment (MVK)
Chart looks very interesting, good figures. Anyone interested?

Up 8.4% today. I assume it is connected to the capital reconstruction. Does any one understand what it will mean in terms of capital returning to a useful place within the business, instead of being tied up in alternatve accounts?


Fly by Night

Red

MPH today published a cracking set of interim results. The share price even went up on the day. If anyone is looking for a cheap share in the rag trade, this must be one of the best candidates around. I think people have been waiting to see if the foretold good results would turn out to be genuine, now they can see for themselves. DYOR

And this got as low as 4p , some sore heals around including mine, I bought at 7p.

Marchpole continues with it's upward climb. I can see this going at least another 25% northwards. Good volume, RSI climbing, good momentum and an interesting candlestick pattern that I have been unable to identify from my books. Anyone got a name for it? IMHO naturally.

AGREED - good management, good trading update, fantastic new distributorship deal; and all reflected in a seriously positive chart, which is in the course of breaking out topside; and looks even better on a streaming chart. Has been absorbing some short-term profit-taking over the past couple of days, but should soon move ahead again. Personal target is 15p in the short-term; 20p by end 2004.

Anyone who bought into MPH last year is now making a nice little profit. General opinion seems to say that it is on the way up so for medium termers it may well be worth a look. I've just bought a bunch more for my portfolio.

DYOR and let us know your thoughts.

Still ticking up. I'll be able to afford a new suit soon. All my indicators still positive, RSI still rising, MACD looks good and momentum still rising.

Marchpole now leaping ahead, gapped up today with a 15% rise, would that all of my shares would do likewise. Evidently the city liked todays trading statement big-time.

Am I right in thinking that a bit more of a rise would represent a breakout from it's current trend lines?

When I opened this thread MPH price was around 6.7p, it is around 20.5p now and still has potential. I hope some of you took advantage of the opportunity. I'm hanging in there for some more upside, no target in sight but will watch for an exit point.

Best of luck. A few more points north and I'll be able to afford some new threads.

Seem to be edging up again ahead of their next set of results.

Am I missing something, why has this suddenly gone up 8.5% today?

Not that I'm complaining, but I get edgy when there are sudden unexplained share movements.

No best not complain Socs, just watch that profit.....let me know of your next tip, well done.

This RNS doesn't seem to be very widely spread, some BB's don't seem to have it but it does make interesting reading.

RNS Number:9820Z
Marchpole Holdings PLC
22 June 2004


22 June 2004

Marchpole Holdings PLC ("Marchpole")

EXTENSION OF THE ROSSIGNOL AND JEAN-CHARLES DE CASTELBAJAC PARTNERSHIP FOR A
FURTHER 5 YEARS AND TO INCLUDE A SUMMER COLLECTION

Following the acquisition of the Jean-Charles de Castelbajac S.A. ("JCC") in
January 2004, Marchpole is pleased to announce the extension of the agreement
between Rossignol and Jean-Charles de Castelbajac S.A. and the Jean-Charles de
Castelbajac/Rossignol sales results during the 2003 - 04 season.

The new agreement signed between Rossignol and Jean-Charles de Castelbajac S.A.,
extends the partnership for a further five years and now includes both mens and
womens collections for the winter and summer seasons. This extension is the
direct result of the success of the existing collaboration, and through the
addition of a summer collection, increases the potential to develop the market.
The first collection under this new agreement will be seen in 2006. The
agreement gives JCC a minimum annual royalty plus a royalty on sales, a
contribution to marketing the brand and a contribution to fashion shows.

Rossignol, the world leader of ski equipment, recently announced that 4% of
their overall textile sales of Euro 33.5 million was achieved by the
Jean-Charles de Castelbajac winter collection.

The partnership between Rossignol and the designer, Jean-Charles de Castelbajac,
was founded in 2002 and has now seen three successive seasons of growth. The
collection, "vitaminer", which brings together the technical knowledge of
ski-wear from Rossignol and the creative design flair of Jean-Charles de
Castelbajac is today proving to be one of the strongest growth lines in the
textile division of Rossignol. We anticipate that sales of Euro 3 million will
be achieved for the Autumn Winter 2004 season based upon the current order book.
This represents an increase of 124% on the previous season's sales. 24% of this
order is from the USA and Canada account base with the remainder in Europe,
predominantly France with 27% of the order value.

The Rossignol products by Jean-Charles de Castlebajac are currently sold in 250
shops in France and are growing in representation due to increased demand in
Canada and the USA as well as other European countries such as Switzerland,
Italy and Germany.

For further information please contact:

Marchpole: 020 7908 7700
Justin Hampshire, Finance Director

Buchanan Communications: 020 7466 5000
Tim Thompson / Nicola Cronk




Notes to editors:

Marchpole Holdings plc has been in the apparel business for over 30 years,
designing, producing and selling high quality clothing and accessories with
designers such as Yves Saint Laurent, Jasper Conran, Tomasz Starzewski and
Ozwald Boateng.

Marchpole currently represents two of the strongest forces in the menswear
fashion sector, Yves Saint Laurent and Ozwald Boateng and the acquisition of
Jean-Charles de Castelbajac S.A. of France in January 2004, gives Marchpole the
opportunity to add its brand management expertise to all of Castlebajac's well
established brands. The Company is launching JCC's brands in the UK for the
Spring Summer 2005 season, and its is anticipated that launches in China and the
USA markets will follow. Brand and product extensions in JCC's key existing
markets of Japan and South Korea are also a short term focus.

The Rossignol Group is a world's leading manufacturer of winter and summer
sports goods. The Group's product range includes also textile goods and
accessories. The Rossignol Group operates under the following brand names:
Rossignol, Dynastar, Lange, Look, Kerma, Emery, Hammer, Hot, A. Snowboard,
Original Sin, Risport (ice skate), Cleveland (golf).



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

END
NRAUASNRSARNUAR

Good start to the day 11.7% up! Long may it last.

I see MPH is up a tad today. continuing a trend. It fell back a little from yesterdays high at 11.7% but ended comfortably up.

Anyone who bought in when I began this thread is now sitting on a 2.5 bagger and heading for a 3 bagger. More to come I suspect so I am hanging in there.

General consensus is that there has been a big seller in the wings dumping stock which has shackled the price.

Assuming seller has now run dry this should now have some mileage in it.

I have just bought in.

There certainly have been some moderate sells going on but there have been no RNS so whoever it was did not have a notifiable holding, apparently. There are only 119 million shares in issue so notifiable would have been 3.57 million. I can't recall seeing anywhere near that number being sold, maybe the odd shorter taking a punt. More likely in my mind is profit takers, some will have made a respectable turn on MPH in the last few months.

Socrates - Agree with you regarding notifiable holding, but there has been
a constant dumping of 100,000 blocks over the last few weeks.
imo these have come from one possibly two sources which have now
stopped.

The share price should soon be where it deserves to be 25p +

capa
Why stop at 25p? After a few more sets of good results I can see 25p being left well behind.