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

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 .”

Interims tomorrow!

Yep and this time have to reveal the margins!!!!!

Be carefull guys.

Half Yearly Report

Key highlights for first half

* Work on the Transformation and Growth plan is progressing well, with store
portfolio restructuring on track, new store format launched, management team
restructured and strengthened, website relaunched, improved value
proposition, new ranges across all three business segments and improved
focus on customer service
* Worldwide network sales up 2.1% at GBP636.8 million, with International retail
sales up 10.8% and UK retail sales down 8.6%
* International like-for-like sales up 4.4% and UK like-for-like sales
performance improved, with decline reduced to -3.4%
* Group underlying loss before tax reduced to GBP0.6 million (H1 2011/12: loss
of GBP4.4m)
* Net debt of GBP29.8 million, following tight control of working capital and
cash

Just closed +22 for a 2 day round trip.

The Middleton effect maybe!

This might have helped skinny? http://www.moneyam.com/action/news/showArticle?id=4497888

12 month high today @349p.