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

Oooops!

Response to announcement

The Board of Mothercare (the "Board") notes the announcement by Destination Maternity that, in accordance with the requirements of the UK City Code on Takeovers and Mergers (the "Takeover Code"), Destination Maternity does not intend to make an offer for Mothercare. The Board also notes that it has had no contact with Destination Maternity since 3 June 2014.


As announced in the trading update on 17 July 2014, with the appointment of Mark Newton-Jones as Chief Executive, Mothercare is now fully focused on the Company's plan to turnaround the UK business and to continue its strong International growth. The Board remains confident in the ongoing execution of Mothercare's strategy as an independent company.

Admission of Nil Paid Rights

Mothercare plc (the "Company") announces that, pursuant to the Rights Issue announced on 23 September 2014, 79,942,294 New Ordinary Shares of 50 pence each will be admitted to listing on the premium listing segment of the Official List of the UKLA and will be admitted, nil paid, to trading on the London Stock Exchange plc's main market for listed securities at 8.00 a.m. today.

Just knew it.

Surely the recent US-Offer was quite good for shareholders with their own money in the business? Seems to me that the recent rights was a ~1:1 dilution ( DYOR ). and that merely demonstrated the dire Quality of the existing Execs. . . . so the sooner they leave ( at zero cost ) the better. Today Close, 170p.

Institutional shareholders are not likely to be affected by any result and I distrust their actions across the Market.

Back on my short watch list.... 70p would come as no surprise in Q1 2015

http://www.moneyam.com/action/news/showArticle?id=4938806

An ex Tesco chap.. O dear.

Q3 trading update



Mothercare plc, the leading global retailer for parents and young children, today issues the following trading update, which covers the 13 week period to 10 January 2015.

Overview for Q3 - 13 weeks to 10 January 2015

Financial highlights

International double-digit growth with constant currency sales up 14.4% and space up 11.5%. As expected, currency devaluation has impacted reported retail sales growth
UK like-for-like sales up 1.1% with total UK sales down 1.9% despite space being down 4.2%
Multi-channel growth with UK online sales up 16.1%, representing 31.8% of total UK sales (26.9% last year)
UK gross margin rate continues to stabilise as a result of more full price sales, lower levels of promotional activity and delaying the end of season sale until Boxing Day
Worldwide sales up 2.2% with reported total Group sales down 2.9%
Operational highlights

Mobile continuing to grow and now accounting for 75% of UK online sessions (65% last year)
Q3 click-and-collect orders up 10.7% representing 36.6% of UK online orders
End of season sale stock 16% lower and sell through rate to date 13% better than last year
During the quarter, we opened 24 International stores (103 opened YTD) and closed 6 UK stores (20 closed YTD)

more....

Seems to be on a roll. Nice gap to be filled eventually. Limit buy left @ 202.0 if filled tight stop 192.0

HEADS UP!!

KEEP AN EYE ON ETX CAPITAL SPREAD BETTING PLATFORM.

On 25th Feb opened a spread bet on MTC @ 189.53 Stop 184.53

Stopped out 0812 this morning @ 172.72 for an alleged loss - 15.3

Needless to say was on the blower like a shot. They confirmed SP didn't happen and reinstated the trade. Never had this problem with Cap Spreads, very rarely use ETX except on short term trades cause they don't offer quarterly bets. Beware. Hopefully this was just a one off genuine mistake.

Cap Spreads suspended trading on this stock. ETX Capital phone only :0)

No problem on IG Chris .

Happens all the time on ETX, rare on Caps Jimmy.

Making good headway to closing that gap.

OOPS wrong chart.

That's the one :0)

Edited - too slow! :-)

:0)

Chris - you could of just edited your post 384 and replaced "ADN" with "MTC" in the chart text.