I have been in and out of these a few times :-)) ..... bumping around their bottom but starting to bounce a little ..... closed @ 87/90p on Friday.

They have fallen from grace because of poor distribution probelens caused by poor management and an out of House warehousing system. THis is being sorted and new guys have replaced the old .....

Great brand name and selling could be overdone ..... anyway I am in for a few @ 90p and will let them ride for a while - not a t trade. Recent director buying around this price


ains


bought @ 90p - currently moving up at 141/145p 13/05 = plus 56.66% net

http://www.investegate.co.uk/Article.aspx?id=20121018070038H0107

very poor.

Expected a lot more.

A forward P/E of 38 cannot be justified
on that report no way.

BRIEF-Mothercare says intnl says growth target may be out of reach18 Oct 2012 - 07:35

LONDON, Oct 18 (Reuters) - Mothercare PLC : * CEO Simon Calver says making FY international sales growth target of 20 percent "is going to be a challenge" ((London Equities Newsroom; +44 20 7542 7717)) ((For more news, please click here [MTC.L]))

No real "new" news as far as UK sales are concerned, and will be marked down on that alone... But that's no surprise, as these are nearly always only judged on their UK numbers whilst their International growth is virtually ignored. So short term SP. to be hammered, But medium/long-term on the up. IMHO.

Looks way way to expensive.

A forward P/E of 37.42 to 2013 !!!!!!!!!!!!!

Wouldnt want to buy on that rating.


Far too expensive.

Mothercare PLC

FORECASTS 2013
Date Rec Pre-tax (£) EPS (p) DPS (p)

Panmure Gordon
15-10-12 SELL 4.99 4.49 15.20
Peel Hunt
12-10-12 HOLD 5.37 4.47 25.11
Seymour Pierce
12-10-12 SELL 8.00 6.70 19.60
Numis Securities Ltd
25-09-12 BUY 8.10 9.10 29.50
Investec Securities
11-09-12 SELL 8.00 6.80 6.00


2013
Pre-tax (£) EPS (p) DPS (p)
Consensus 6.70 5.93 6.00
1 Month Change -0.33 -0.32 0.00
3 Month Change -0.03 -0.16 0.00


GROWTH
2012 (A) 2013 (E)
Norm. EPS 63.81% -72.13%
DPS -22.74% -56.12%

INVESTMENT RATIOS
2012 (A) 2013 (E)
EBITDA £25.88m £28.75m
EBIT £8.57m £11.10m
Dividend Yield 6.16% 2.70%
Dividend Cover 1.56x 0.99x
PER 10.43x 37.42x
PEG 0.16f -0.52f
Net Asset Value PS 26.85p 62.60p

Hems/Premium

I'm out of the remainder - good luck Stan.

First of broker updates in....

18 Oct Mothercare PLC MTC Seymour Pierce Sell 0.00 232.50 145.00 145.00 Retains

145 SP target.

Well done Skinny, Surprisingly for me up over 7% so far.

Overall I made @17% - now I'm out it should rocket! :-)

That's the way to do it.. So some puppet once said -):

Closed short. called it wrong. Still think they are hiding margin erossion.

Cant win em all.

Good luck to bulls.

Pigging ell.. up 14.5% at the mo!

Good for the banks who offered loans, hold shares.

Stan - I did the same with HFD recently - played the long game but sold too early.

Still a profits a profit etc.

Struggled with that feeling myself in the past but learning to get over it by thinking how I would and have felt had I made a loss.

Got back in early to cover deficit this morning ...well 400 quid worth down on short deal.

Hope I didnt -iss on your parade skinny. sincere apoligies if i did. Owe you one.

Not at all GF - we are all grown ups! :-)

.. This is true -):

Thursday November 22 =

• The progress of Simon Calver’s drive to turn around Mothercare will be revealed when the baby clothing and equipment retailer posts interim results. In October, Mr Calver said his plans were “on track” after a 0.3pc rise in UK like-for-like sales over the previous quarter. The company’s share price has enjoyed a good run this year , but Mothercare is still in the eye of the high street storm. Analysts at Panmure Gordon are forecasting that Mothercare will post a loss before tax of £4.6m for the first half . They add: “We are not convinced this potential recovery is based on sustainable gross margins, and we are also now faced with a disappointing result in the international division .”