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
Clocktower
- 16 Jun 2017 12:32
- 408 of 454
Each to their own cynic, I expect you are so wealthy that your grandchildren only get designer products, or she is so concerned with her budget that she shops at supermarkets and so called discount/outlet centres. :-)
Good luck.
cynic
- 16 Jun 2017 13:03
- 409 of 454
my youngest grandchildren mostly have their clothes bought at ASDA (designed by "george" i think)
apparently the range, styling, quality and price are outstanding
Clocktower
- 16 Jun 2017 13:55
- 410 of 454
LOL - designed by "George" you mean the label says George as George may have looked at it and noded his head.
It might well outstanding but unlike MTC they do not have an international branding like Mothercare or have such an extensive range of reasonable quality products that in many cases, I suspect are of far better quality than many so called designer labels.
The store on a high street, that I see when shopping, is always reasonably busy and the staff look happy and it has a great reputation.
cynic
- 16 Jun 2017 13:59
- 411 of 454
george (assuredly not a designer label) will almost certainly be run by some sort of committee, as is the case with most large fashion houses
nevertheless, they seem to have got the touch at least for now
Clocktower
- 27 Jun 2017 13:27
- 412 of 454
MTC seems to be breaking out from its recent range cynic, so let us hope this trend continues.
This is more than selling baby grows - MTC Grows
Currently in the 125/127 range.
cynic
- 27 Jun 2017 13:42
- 413 of 454
enjoy :-)
Clocktower
- 27 Jun 2017 13:52
- 414 of 454
Hopefully it will continue, so I can. Thanks.
Clocktower
- 30 Jun 2017 11:32
- 415 of 454
Disappointing - you were correct cynic - still out now, just about square.
cynic
- 30 Jun 2017 12:05
- 416 of 454
most stocks were caught in yesterday's squall, but longer term, you already know my views on MTC ....... they're not necessarily right, but high street stocks are high risk for all the obvious reasons
Clocktower
- 11 Jul 2017 11:03
- 417 of 454
With such a good level of trade being done on-line by MTC - it seems a fair wager to get a few back in at around these levels - 1.05/1.06. We shall see this time around cynic.
cynic
- 11 Jul 2017 16:37
- 418 of 454
i hear MTC now stock a line of sharp kitchen knives :-)
Clocktower
- 13 Jul 2017 09:38
- 419 of 454
LOL - It is a cut throat business and a set of knives might come in handy if one was minded to slit the throats of those that are cynical about MTC`s prospects.
If the figures are better than expected then whoosh - upwards and onwards, if not cut and run?
Stan
- 20 Jul 2017 07:20
- 420 of 454
Clocktower
- 24 Jul 2017 19:42
- 421 of 454
Bounced nicely off its lows on the day of the T/S and seems as though the recovery might continue, at least it has not been death by a thousand cuts cynic.
Clocktower
- 08 Aug 2017 10:37
- 422 of 454
Settled nicely around these levels and and positive statement could soon seen these restored to 1.20+ range imo.
Hopefully the growth of their on-line sales will be the attraction that may turn the tide.
blackdown
- 23 Nov 2017 08:55
- 423 of 454
Or perhaps not.
cynic
- 23 Nov 2017 09:19
- 424 of 454
i have long reckoned MTC to be a crap company, and today's figures do nothing to change that
Clocktower
- 24 Nov 2017 15:34
- 425 of 454
Hope you shorted it cynic, if so well done. Looks grim, I agree now.
cynic
- 24 Nov 2017 16:47
- 426 of 454
'fraid not ..... only short CLLN which is doing ok for me
HARRYCAT
- 08 Jan 2018 08:37
- 427 of 454
StockMarketWire.com
Mothercare said its performance was tracking "below expectations" after sales slipped by 2.4% in the 12 weeks through December, driven by lower footfall at its UK stores.
UK like-for-like sales tumbled 7.2%.
"In our UK business, we took a conscious decision to remain at full price to protect our brand positioning prior to Christmas but to then discount more heavily in the end of season sale," chief executive Mark Newton-Jones said.
"We have subsequently seen good progress with strong sell through rates on Autumn winter clearance lines albeit these carry lower margins and will lead to a further reduction in full year margin as a result."
The company said that, in line with previous announcements, it had taken action to reduce its central cost base, with planned financial benefits to materialise next financial year.
"Going forward, we are not anticipating any improvement in the short-term market conditions for the UK and on this basis the adjusted group profit for the year is likely to be in the range of £1m-to-£5m," Newton-Jones said.
"Whilst the performance of the business has been challenging in the last few months, we remain singularly focussed on transforming Mothercare to be the leading global retailer for parents and young children."