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

Down over 3% so far.

Trading Statement 16 Jan 14.

Trying 420 again.

Looking for 440p.

INTERIM MANAGEMENT STATEMENT

Overview for 12 weeks to 4 January 2014

Worldwide network sales were down 4.4% with Group reported sales down 6.1%
International has been negatively impacted by currency deflation and weaker than expected economic conditions in some of our key markets, resulting in lower royalty revenues
In the UK, the highly promotional nature of the Christmas period and lower seasonal footfall have impacted both sales and margin, but stock remains closely managed
We remain cautious about the outlook for consumer expenditure and currency deflation for the rest of the year and therefore full year profit expectations are now below the current range of market forecasts.

more...

ouch for skinny ..... hope not too much damage

Yes - not a good start to the day!

and impossible to duck too .... now you have the prob as to whether to bale out or grit your teeth

Ouch....

It's amazing how different the management statement this time is from the one in July when everything was coming up roses. All doom and despondency and no wonder the shares have fallen 30%.
I remember Shares Mag has this as a buy at the start of last year and I was annoyed with myself that I missed the boat when the shares rose from the 270's to over 300.
Now if I wanted to I could buy back in but at the moment I'll keep my powder dry and see what happens here.
Hope you're not too deep into this skinny!
TT

No - I'm out - another day another dollar etc.

It just goes to show that talking to store staff isn't always a good indicator!

as sp has dumped a further 40p, i hope you got out first thing
i don't wish to rub it in, but i'm afraid MTC lost its way a while back and loses out to more trendy places like JoJo Maman Bebe and the like .... it is also predominantly high street based, and we all know what a disaster area that has been for the last year and more

rotten luck and my commiserations - at least you are in good company, for we have all taken pastings from time to time, the more honest among us owning up to it :-(

Brokers TP's look rather optimistic!!

Unlucky Skinny, I'm going to have a read of the trading statement I think and have a good look at this.. This new year is taking its fair share of traders scalps..

Well that was a quick decision @300.4 gone short.. Got to be close to £0 net worth... Fingers crossed for 150p by the end of the week... Either that or will get toasted tomorrow..

Numis Add 303.13 475.00 - Under Review

love that Numis comment ..... a real politicians answer :-)

Have to say I never pay any attention to broker numbers, they tend to be wrong in my experience more often than right. Still remember the 10+ strong buys on Apple last year whilst I was cleaning up shorting.. I'm sure they scream buy as there getting burnt.

outdated model - not unlike the wonder of woollies, hmv et al

new broker rating 9 Jan Liberum Capital 160.00 Sell

funny day - mtc is bouncing!! lols

no rating just out helps explain the bounce


9 Jan JP Morgan... 335.00