Director/PDMR Shareholding

RNS Number:0131V
Millfield Group PLC
01 December 2005

Millfield Group plc ("Millfield" or the "Company")

Directors' Shareholdings

Millfield was informed today that, following its announcement of interim results
this morning, the following directors bought shares in the Company:

Director Shares Price % of issued Date of Shareholding Total % of
Purchased class acquisition and following issued class
purchased date of purchase of
notification shares

Paul Tebbutt 75,000 26p 0.06% 01/12/2005 1,380,126 1.17%
Mike Duncan 75,000 26p 0.06% 01/12/2005 175,000 0.15%
Bryan Beeston 95,000 26p 0.08% 01/12/2005 1,553,816 1.31%


Enquiries

Millfield Group plc
Iain Leighton, Company Secretary 020 8680 5200


Llewellyn-Slade PR Limited
Mark Llewellyn-Slade - 01444 242792
Francis Higney - 0207 7336557


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

YES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

ONWARDS AND UPWARDS!!!!!!

Another strong riser was independent financial advisers Millfield Group, up 6p at 27p by the close after it posted narrower interim losses. For the six months to 30 September, the group, which merged last year with InterAlliance, recorded a pre-tax loss of 1.2m compared to a loss of 4.5m a year earlier on a 135% rise in sales to 64.1m.

http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=405427&in_page_id=3

Millfield CEO buys 75,000 shares in co, now holds 1.17 pct

LONDON (AFX) - Millfield Group PLC said chief executive officer Paul Tebbutt
bought 75,000 shares in the company at 26 pence each and now holds 1,380,126
shares, or 1.17 pct of the capital.
Operations director Mike Duncan bought the same amount at the same price,
raising his holding to 175,000 Millfield shares, or 0.15 pct.
Sales director Bryan Beeston bought 95,000 shares, and now holds 1,553,816,
or 1.31 pct.
newsdesk@afxnews.com
lam

still rising ;-) 40p easy

looks good i am in

I think this has got seriously overlooked..

wakey!!! WAKEY!!!!... look at the numbers.... where is everyone

Staying away.

Having bought shares in the past after the directors have bought, then a few months later when everyone has lost interest the share price has dropped big time and oh yes, the company has gone into Receivership eventually.....

But of course this will not happen here as I'm just over cautious......

emmm... well the numbers are saying things are very very good here

Best set of results seen and great growth potential.

I wonder how long it will take people to realise how cheap these are ???

Perhaps people are not buying because there is no such thing as cheap!

Good value possibly, but not cheap.

Like a lot of AIM shares the spread is a bit big - puts many off.

ALso: LONDON (AFX) - Independent financial advisers Millfield Group PLC posted narrower interim losses helped by substantial cuts in overhead costs including redundancies, and said it still expects to achieve operating profitability by the third quarter of the 2005/06 financial year.

For the six months to Sept 30, the group, which merged last year with Inter-Alliance Group PLC, recorded a pretax loss of 1.2 mln stg compared to a loss of 4.5 mln a year earlier on a 135 pct rise in sales to 64.1 mln.

"We have continued to make substantial savings in overhead expenses which were running at an annual rate of 49 mln stg immediately post merger," said CEO Paul Tebbutt.

He added that with cost reductions in September, the annualised rate for the cost base is now 30.8 mln and will reduce further to 29 mln by the fourth quarter 2005/06.

"We are focusing on achieving further cost efficiencies in the first quarter 2006/07, which will reduce our cost base to 28 mln," he added.

This company is still losing money. They have reduce cost by making redundacies.

They have a long way to go, before I trust them with my money.

best buy MPM then... going up

Amen Little Woman, hope someone is listening....
:>)

to late for me in at 29 today was looking at news and chart seemed like they could go some more was hoping for mid 30,s haVe 9000 shares another plan gone wrong.

monday mate.... this will have a nice write up at the weekend...

directors have bought... they must be very confident

believe me that, in normal course, independent financial services firms have
(a) the absence of firm assets
(b) a host of potential professional negligence claims which are waiting to surface ...i say professional negligence but, in fact, the situation is very much aggravated by the hindsight standards introduced by the financial services authority
(c)the difficulty in controlling the multitude of salesmen. i shall be interested to learn of the average length of service of their sales staff. i guess 3 to 4 years.
the problem is that a salesman is greatly affected by the need and excitement of creation of commission. the sales person then wants a (much) larger share of the commission cake - or he leaves and goes to another IFA and then attacks the best of his former clients
(d) commission , in the main is received by MILLFIELD in advance ....but needs to be refunded on a proportionate basis if the policy lapses within a specified number of years. To create profit a soft approach can be taken in the annual assumption to the amount of this commission which is vulnerable to refund
(e) the directors who have bought shares will have earnings well in excess of the prime minister. thus diverting just a small proportion of of that salary to share purchase can do wonders for the share price.
(f) there must be a horrendous liability under there pension fund if a final salary pension scheme exists se what happened to BERKLEY BIRCH
(g) my view is that the FSA will still tighten the screw on (mis-)selling linked to the (huge) commission earnings that can arise
(h) does anyone have any idea of share options which already exist .. and huge options can still be issued. the consequence is to dilute dividends and increased share values flowing to the share holders

over 40 years i could not find a sales person with whom i was really happy to sell financial products ...and that was with my tight control and knowledge/experiance.
MILLFIELD need to find hundreds. with a large % sales person turnover each year

much more i could say ....except to prompt any doubter to study what has happened to-day to the quoted IFA entity BERKLEY BIRCH
my comments about MILLFIELD ARE MY REASOBALE VIEWS ...AND ,OF COURSE , OTHERS MAY WELL HAVE DIFFERENT VIEWS. THIS IS INTENDED TO BE INFORMATION TO DIGEST/CONSIDER/debate. MY VIEW IS THE THE ACTIONS ,ATTITUDE ETC OF MILLFIELD ARE PAR FOR THE COURSE ...thus i am not contending that MILLFIELD are worse than average !!!!!

nice moVe up today 50k buy someone think there is more to go would like them to hit my first target of 34 tomorrow.

sit tight, its clear that this is going past 34p...

and check this out too

http://www.rte.ie/business/2005/1205/ormonde.html

http://www.newratings.com/analyst_news/article_1149090.html

kat don't ramp other stocks on here.

why not, its my thread ;-)

Because it is a MIL thread not any other stock. Thats why people come here !