millfield has risen 15 points over the last week from 21 to 36.what i dont understand is todays rise 30,000 bought, 300,000 sold and its up 2p does any one know how this market works,and an explaination for todays rise

afraid I do not, but am also very interested to know why?

well i can see this going much higher,once the results of there
restructure start to filter through

ake144, how long have you been in here. I was sucked into share after the inter alliance fiasco, interesting to see where this could lead me. Still gonna hold out till they pick-up to the 1.00 they seem to think is a fair price.

good luck

watcher

watcher

i am just going on statistics,
before the alliance they were 59p (down from 90p)
of course the merger with a company in trouble caused the slump
down to 20p, but there has been a lot of restructering,
and as the effects of the restructure start to filter through
we will,or should see a much healthier company than in the past,
so i think it will climb quite a bit higher yet,
although things might not happen too quickly,

MIL looks like a breakout with supporting volume. MACD seems to have turned positive which could indicate a rise to 60p short term.

Pleased to read that this one is beginning to pick up, I bought in after hearing that this is one the fund managers are buying with their own money so they must expect good returns!! That'll do me!

a bit of an up and down day today,
but not bad on the week as a whole,

startd the day 38p-42p now down,but the bid is the same 38p-39p
more buyers too!

It's time to get in at below the 40p levels before they shoot up! (I hope & imho).......:)

yes its broken 40p now,the rise is not too dramatic,
which is good,as it has time to absorb the profit taking,

Looks like it want's to visit 60p ;-)

yes a nice steady rise

can anyone one tell me about milfield has i used to hold shares in ial?????????

millfield have taken a right pounding over the last few weeks
taking several millions of sells with no buys in sight
but still the price is holding firm,so it appears to me some
investment company in the background are willing to absorb
the shares for themselves, as a matter of fact they opened today
taking another pounding,and against all this they have just been
tipped as a buy today,

http://www.britishbulls.com/StockPage.asp?CompanyTicker=MIL&MarketTicker=FINANCIALS&Typ=S

The following may be the reason for the sells.

Millfield Group PLC
06 April 2005

SCHEDULE 10



NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company
Millfield Group plc


2. Name of shareholder having a major interest
Goldman Sachs Group


3. Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-
beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18.
As in 2 above


4. Name of the registered holder(s) and, if more than one holder, the number
of shares held by each of them

Goldman Sachs & Co - 45,995
Goldman Sachs International - 3,999,646


5. Number of shares/amount of stock acquired
500,000


6. Percentage of issued class
0.04%


7. Number of shares/amount of stock disposed
N/A


8. Percentage of issued class
N/A


9. Class of security
Ordinary 0.175pence shares


10. Date of transaction
01 April 2005


11. Date company informed
05 April 2005


12. Total holding following this notification
4,045,641


13. Total percentage holding of issued class following this notification
3.4%


14. Any additional information
None


15. Name of contact and telephone number for queries
John Crehan 020 8604 2637


16. Name and signature of authorised company official responsible for making
this notification.
John Crehan
Deputy Company Secretary

Date of notification: 06 04 2005




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

Anyone know why there are two large trades totalling 500,000 today? Is there some imminent news?

There's no way of telling for sure but it looks to me like it was just a rollover. Rollovers sometimes come thru as looking like two buys. The give away is that the buy prices are slightly different(the lower price is probably the sell and the higher proice is what they have bought them back again at)
I think you're only allowed one rollover at a time...
Whoevers doing this rollover (if indeed it is a rollover) is banking on the price going up over the next 2/3/4 wks... results/news due soon ?

Looks like someone's got 100k bet going on here that this one'll come good very soon!

I think the results released today look impressive.. bodes well for future perfromance/next interims.... of course MIL now has to deliver but looks to be shaiping up good...

Anyone have any views ?


Turnover up 103% to 85million (2004: 41.9million)

On a proforma basis, including twelve month's results for
Inter-Alliance, the group generated combined turnover of 123 million

Gross profit up 76% to 26 million (2004: 14.8 million)

Operating loss before goodwill amortisation, impairment losses and
exceptional items of 8.9 million (2004: 9.3 million loss)

Loss before amortisation and tax of 18.1 million (2004: 10.8 million
loss)

On target to achieve operating profitability from the fourth quarter
2005 onwards

Lifetime's sale to Norwich Union expected to result in an exceptional
gain of at least 4.9 million

Three major business initiatives launched

26% reduction in the run rate for overhead costs from 49 million at
time of merger to 36 million now

Further annualised savings of 4 million expected in fourth quarter of
2005

Any one else in Mil.?.. any one else have any news & views ?
We're now approaching Q4 2005 and the achievement of operating profits beckons
Could be a good time to get in/top up... If we get a good trading statement then sp could take off big time.... imho.... :)