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

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.

skinny - It's taken me over 10 years to realise there is more than one chart size let alone anything else :0)

Is there? :-)

Q4 trading update

Financial highlights

Worldwide sales growth of 4.1%, with growth in both UK and International
International retail sales growth of 11.4% at constant currency, with currency continuing to have an adverse impact
UK beginning to see some benefit from initiatives taken over the year with total UK sales up 1.5% and UK like-for-like sales growth of 5.1%, with positive like-for-like delivered for each quarter of the financial year
Gross margins continuing to stabilise


Operational highlights

International space up 9.0%, ending the year with 2.9m sq.ft. of space and 1,273 stores
UK space down 4.5%, ending the year with 1.7m sq.ft. of space and 189 stores, as space rationalisation has continued as planned
Online sales growth of c.32% during the quarter and now representing c.30% of total UK sales (c.25% last year)
Mobile sales growth of c.31% and click-and-collect now running at c.36% of total online orders


more...

Final Results

Highlights for FY2014/15

Financial highlights

Underlying profit before tax up 37% at £13.0m [FY2013/14: £9.5m]
International like-for-like sales1 up 5.6%, constant currency total sales up 12.4%, total International reported sales up 2.2% and underlying International profit2 up 1% at £45.9m [FY2013/14: £45.3m]
UK like-for-like sales1 up 2.0% with gross margin stabilised, total UK sales down (0.9)% as further underperforming stores were closed and underlying UK losses2 lower at £(18.0)m [FY2013/14: £(21.5)m]
Worldwide sales1 up 1.0% at £1,203m, International now accounts for 64% of worldwide space and 62% of worldwide sales
Statutory reported loss before tax of £(13.1)m [FY2013/14: £(26.3)m]
Successfully refinanced the business, ending the year with net cash of £31.5m compared to net debt £(46.5)m in FY2013/14
Strategic and operating highlights

Progress made against all six strategic pillars:

Become a digitally led business
Online sales up 18%, accounting for 30% of total UK sales with over a third of online orders collected in store and 82% of online traffic now generated from mobile
A significant increase in product images, videos and customer reviews online and an accelerated growth in our customer database
Supported by a modern retail estate
Closed a further 31 loss-making stores and resited one in the UK
Gateshead and Solihull refurbished to the new format, clothing biased stores trialled and our first year of refits now identified
Offering style, quality and innovation in product and great service
Introduced more phased launches of product in Clothing & footwear, Home & travel and Toys
Introduced more brands and increased exclusivity across all of our product categories
Stabilise and recapture gross margin
Margins stabilised after five years of decline
Moving back to being a full price retailer with shorter discount periods and better planned promotions
Running a lean organisation while investing for the future
Costs well managed and stock cover reduced in the UK
Invested in management and colleagues as well as our systems to support the strategic pillars
Expanding further internationally
Space up 9.0% with 1,273 stores in 60 countries as 52 stores opened
Entered a new territory - South Korea with an initial four stores