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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

skinny - 22 May 2014 15:54 - 347 of 454

Appropriate thread really!!! :-))

jimmy b - 22 May 2014 15:54 - 348 of 454

Better to have Girls Aloud round for the evening

cynic - 22 May 2014 15:57 - 349 of 454

depends if you have thin walls to your semi :-)

Shortie - 22 May 2014 15:59 - 350 of 454

If you got a semi then you'll be needing the Zeus!! lol..

jimmy b - 22 May 2014 16:02 - 351 of 454

:))

Shortie - 22 May 2014 16:05 - 352 of 454

Apparently they also do Pink Zeus for the ladies, this could well make things interesting.

Shortie - 22 May 2014 16:09 - 353 of 454

Its actually called Pink Venus, the reviews for couples taking the stuff together sound interesting...

Shortie - 22 May 2014 16:16 - 354 of 454

This thread has now gone very quiet, LMFAO as I know some are looking it up and more than likely thinking about spiking the Mrs...

goldfinger - 22 May 2014 16:16 - 355 of 454

No kidding banana skin, not the whole skin just little pieces.

Ive been told this in confidence and diss-associate myself from the findings.

Ive found the best thing to be PORRIDGE.

jimmy b - 22 May 2014 16:19 - 356 of 454

GF i often have a bowl of porridge and a banana its my favourite combo ,i wondered why i was such a stud ,that explains it .

skinny - 22 May 2014 16:20 - 357 of 454

images?q=tbn:ANd9GcRD2EhvFuxnfFqxCctIACQ

goldfinger - 22 May 2014 16:21 - 358 of 454

LOL LOL LOL Jimmy.

Shortie - 22 May 2014 16:21 - 359 of 454

I don't wanna know what your doing with the banana and porridge GF....

goldfinger - 22 May 2014 17:59 - 360 of 454

No I dont think I want to know either he he. All very kinky.

Wheres manuel, hes into that kind of thing.

cynic - 22 May 2014 20:22 - 361 of 454

what do you care sticky; you've squelched me :-)

goldfinger - 22 May 2014 23:23 - 362 of 454

When Fred gets back your mince meat.

cynic - 23 May 2014 07:20 - 363 of 454

why you silly boy?
i pay even less attention to what fred posts that even you
anyway, you say you've filtered me, but seem totally up to speed with my posts :-)

skinny - 04 Jun 2014 13:07 - 364 of 454

Currently in auction - quite a reversal.

Shortie - 04 Jun 2014 16:10 - 365 of 454

Failed to achieve 200p, lets see if it tries again..

skinny - 02 Jul 2014 07:12 - 366 of 454

Confirmation of Interest in a Combination

Destination Maternity Corporation Confirms Its Interest in a Combination with Mothercare plc to Create Global Leader in Maternity, Baby and Young Children's Apparel and Products


Philadelphia, PA - 2 July 2014 - Destination Maternity Corporation (Nasdaq: DEST) ("Destination Maternity") is making an announcement today as required by the UK Takeover Code in light of the recent press speculation in respect of Mothercare plc ("Mothercare" or the "Company"). Destination Maternity confirms that it has submitted two non-binding written proposals to Mothercare about a possible combination of the two companies, which have both been rejected by the Board of Directors of Mothercare. Destination Maternity believes its latest increased proposal, which was delivered on 1 June 2014, provides a strong basis for discussions between the parties but Mothercare has refused to engage with Destination Maternity on its proposals. Destination Maternity continues to evaluate its options with regard to a possible combination.

Destination Maternity's latest proposal is for a combination of the two companies under a new UK holding company, which would be listed in the U.S., whereby Mothercare shareholders would receive 300 pence for each Mothercare share, which today would comprise 230 pence in cash and shares in the new holding company valued at 70 pence, and which would value all the issued share capital of Mothercare at approximately £266 million ($453 million, note 1).

Destination Maternity also proposed a mix and match election under which Mothercare shareholders could elect to receive more shares or more cash in an offer, subject to equal and opposite elections by other shareholders.

Destination Maternity's proposal represents:

(i) a premium of approximately 29% to the closing price of Mothercare shares of 232.5 pence on 1 July 2014;

(ii) a premium of approximately 90% to the closing price of Mothercare shares of 157.75 pence on 26 May 2014 (the last trading price before Destination Maternity's original proposal of 27 May 2014);

(iii) a premium of approximately 64% to the closing price of Mothercare shares of 182.50 pence on 30 May 2014 (the last trading price before Destination Maternity's second proposal of 1 June 2014);

(iv) a premium of approximately 86% to the volume-weighted average price of Mothercare shares for the one-month period prior to 26 May 2014 of 161.23 pence; and

(v) an increase of 9% - 20% to the original proposal made by Destination Maternity on 27 May 2014 under which Mothercare shareholders would have received between 250 - 275 pence for each Mothercare share.


more.....
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