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BUZZ-Marshalls: Hits record high on continued strong H1 rally

Reuters - UK Focus

** Landscape products co Marshalls (LSE: MSLH.L - news) up c.3.8 pct to touch record high, top London midcap gainer biggest & on track for sharpest 3-day gain in c.14 mnths

** Rally on back of strong results announced on Aug 28, where co reports 48 pct rise in H1 PBT

** One trader says a shareholder had sold into this rally and completed the exit today

** More than half of daily avg volume traded through in 2.5 hrs since morning bell

** Up to Tuesday's close, stock up 44 pct YTD & easily outpacing c.4.7 pct gain in broader midcap index

** Market also largely positive on stock, with 5 of 6 analysts rate the stock "buy" or higher, 1 "hold" and nobody giving it a "sell" or lower

** Even (Taiwan OTC: 6436.TWO - news) at Wednesday high of 352.8p, stock still trading c.16 pct below the StarMine intrinsic value estimate (RM (LSE: RM.L - news) : esha.vaish.thomsonreuters.com@reuters.net)