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

What do you reckon skinny? Just keeps creeping up on lousy volume Tempted to go short, defying gravity. Major resistance @ 450.0 so probably creep up there, but then 500.0 next target :O) Watching, maybe sell on news, birth Middleton factor?

I'm still holding for now Chris, although I was tempted yesterday @430 and today @440 - this is proving to be my HFD for this summer atm - Q1 18th July.

Stan's view is keep buying.. no bias or favouritism intended of course -):

Another price fillip?

Zara Phillips and Mike Tindall are expecting a baby in the New Year, Buckingham Palace says.

Excellent bullish engulfing candle atm.

INTERIM MANAGEMENT STATEMENT

Key messages for Q1

Worldwide network sales up 4.8% and group reported sales down 3.4%
International space up 14.0% year-on-year with 2,430k sq.ft. of retail space
International retail sales up 11.3% in constant currency while reported retail sales up 14.1%
UK like-for-like sales down 0.9%, helped by a solid performance from Direct in Home up 14.6%
In line with our plan, UK space reduced by 7.7% year-on-year as 13 loss making stores closed during the quarter

The CEO was interviewed on Sky News yesterday and was understandably bullish about sales and the knock-on effect of Baby Cambridge.

Bounced of 25DMA, On my watch list for a spread bet, trading statement on Thursday (haven't checked MTC website so hope MAM have got it right :O)

Noticed Naked Trader is short @ 374.0 so he is on wrong side of trade at mo, see what Monday brings.


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It is - Q2 trading statement 17th Oct :-)

Retail expert Bill Grimsey as just tweeted this on twitter. No postion chaps just looking after my buddies. He could be wrong.

Bill Grimsey‏@BillGrimsey1m
Mothercare expected to report falling UK sales. Will the international arm be enough to this troubled company thro a long hard winter?

Still on the sidelines GF, not confident either way.

This Grimsey chap is the bloke whos been taking on Mary Portas up and down the country saying shes just a winow dresser and as no idea how to run a business.

Havent a clue myself how results will turn out.

You just don't have a clue - full stop gf. :-) A winow dresser - now there's a new one -what is a winow dresser?

Q2 TRADING UPDATE

Key messages for Q2

Worldwide network sales up 3.9% and group reported sales down 0.5%

International space up 11.9% year-on-year with 2.5m sq.ft. of retail space

International retail sales up 12.6% in constant currency and reported retail sales up 12.4% with all four regions delivering positive growth

Against strong comparatives, UK like-for-like sales down 1.9% with Direct in Home up 8.3%, taking year to date Direct in Home growth to 11.6%

In line with our plan, UK space reduced by 6.0% year-on-year as a further five loss making stores closed during the quarter

The UK market remains very promotional, particularly in Home and Travel, and we have continued to focus on cash margin

FIL Limited (the parent holding company for various direct and indirect subsidiaries) has increased its shareholding in Mothercare plc.

Interims tomorrow.

Half-yearly Report

Highlights for H1 FY2013/14
Financial highlights

Group returns to half year profit with underlying profit before tax of £2.0 million

Worldwide network sales2 up 4.4%1 to £637.7 million; total International sales up 13.0%1 and total UK sales down 7.5%

International like-for-like sales up 4.8%1; UK like-for-like sales (1.4%), on an improving trend from (3.4%) last year

Underlying International profits up 13.5% to £25.2 million and underlying UK losses reduced by £2.0 million to £14.9 million

Net debt of £48.0 million with banking facilities refinanced

Operating highlights

International space up 11.9%1 with 1,156 stores in 59 countries

Reshaping of UK business continued with the closure of an additional 18 loss making stores and refits in some key stores

Growth in total Direct sales, with click-and-collect now in all stores in advance of peak trading

Award winning mobile app; mobile visits now represent 33% of all website traffic

Further product innovation with 30% newness in our toy range for Christmas

Run down over hear and build up over there, that's the way to do it.

Stan - as mentioned before, that seems to be their adopted MO.

Eyes down..

Yes Skinny, been doing that for some years now.