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Mothercare reborn and maybe worth a punt now (MTC)     

ainsoph - 10 Feb 2003 09:04

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


Chart.aspx?Provider=EODIntra&Code=MTC&Si

cynic - 14 Jan 2014 15:03 - 271 of 454

i'm not complaining, nor shortie either i should imagine ..... there is support at 270 but it is testing that quite severely

tomasz - 14 Jan 2014 16:01 - 272 of 454

Halifax think about it...how can you expect someone to get out in time if one is able to run few hundred points - lets say for example - dow's losses...?lol

cynic - 14 Jan 2014 17:00 - 273 of 454

as my short position is at 287.8, why should i have the slightest concern if the support holds at 270? .... or at least i think that is the point or issue Mr Smartarse is trying to raise or oppose; bit hard to tell as my pidgin isn't up to scratch!

or was some strange allusion to my dow short which i closed out this morning with a profit of 180 points?

Shortie - 14 Jan 2014 17:05 - 274 of 454

MTC closed down 5.25 to 267, we're still heading in the right direction, I suspected 270 would offer resistence and it has... I'd say "I love it when a plan comes together", now where have I heard that one before!!

cynic - 14 Jan 2014 17:09 - 275 of 454

the question of course is whether or not 270 will hold ..... it's now been tested twice

Shortie - 14 Jan 2014 17:24 - 276 of 454

Range hasnt' been broken yet..

tomasz - 15 Jan 2014 11:11 - 277 of 454

just poped in to share my out of interest to go long here anymore.one is very very slow, two I got heavy involved in asc so all my focus on there.whale is still here,watch out.gl

Shortie - 15 Jan 2014 11:21 - 278 of 454

Cheers Tomasz, your right about this being slow, its frustrating... I had a play yesterday in ASC, still got it on watch and will keep as a momentum play. I see the board are looking to move ASC off AIM onto the main index with the hope of attracting bigger investement. Lets hope this doesn't backfire later in the year!

cynic - 15 Jan 2014 12:47 - 279 of 454

on history, i bet he doesn't believe you had a successful play on ASC either .... it would contradict his view of you

Shortie - 15 Jan 2014 13:12 - 280 of 454

Thats one debate I'm not going to have, either take my word for it or don't it's that simple.. For a long time I used to just sign into Moneyam and read the BB's without ever posting, I have to say that going back to that approach is highly attractive.

jimmy b - 15 Jan 2014 13:22 - 281 of 454

Don't do that ,i like to read peoples opinions long and short ,
problem is some of the threads have started to resemble an ADVFN thread ,somewhere i never go.

Shortie - 15 Jan 2014 15:54 - 282 of 454

Cheers Jimmy, it all comes down to time at the end of the day. To just read threads is far quicker than responding also. On the plus side its easier to swith off to those rampers that feel they need to defend a stock like it were a child and they never know your there...

cynic - 15 Jan 2014 16:08 - 283 of 454

chuckle chuckle
anyway, just for the record, i have banked my profit here, for though i thoroughly agree with shorties with regards to the underlying "value", sp is currently disinclined to break south, and with the markets determined to head north, (temporary) prudence seemed the best idea (she's a lovely girl as always!)

halifax - 15 Jan 2014 16:17 - 284 of 454

cynic discretion is etc.... as always.

doodlebug4 - 15 Jan 2014 16:41 - 285 of 454

jimmy b - if you cut out all the silly nonsense on ADVFN there are some good threads. The fxd thread is one of them.imo

jimmy b - 15 Jan 2014 16:44 - 286 of 454

Yes db i have looked at that from time to time ,your right it's worth reading .

Shortie - 15 Jan 2014 17:07 - 287 of 454

Can't say taking the money and moving on hasn't crossed my mind also. Will hold for now.

Shortie - 16 Jan 2014 11:23 - 288 of 454

Exited my future for a small profit, this wraps up my positions in MTC.

tomasz - 20 Jan 2014 08:10 - 289 of 454

This is finnaly moved, nice pop, killing fields..

jimmy b - 20 Jan 2014 08:12 - 290 of 454

Says in the Sunday Times Tesco is eyeing MTC .
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