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Marchpole: 40m Forward Orders, Global Network in Place
DP1 - Thu, 14 Dec 06 :
After holding this share for years, I've decided to call it a day. Marchpole, although losing YSL, may make decent profits going forward, however the Market won't wake up until it's actually proven in the figures, when YSL, and the sell through have finally finished.
It hasn't ever changed - as soon as it looked likely YSL won't renew, the sentiment towards MPH hasn't been good - this will continue, until proof is shown in the figures. At the time I kept going back to Cockney Rebel to re-confirm he had made a mistake - hmmmmm, I live and learn.
I'm not sure if any of you are interested, but I strongly believe CEY and MCR are great shares for the portfilio. If you have time please do you own research, and have a look - make up your own mind.
I'm sure for the long term holders this will turn out to be a great share, but over the last few years, I can honestly say I lost on MPH. Good luck to you all, and thanks for all the views.
Regards
DP
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