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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

hangon - 03 May 2018 13:38 - 447 of 454

Maybe that's all the Directors did? On-Line is the new-way . . . but companies still have to get the stuff to the customer . . .
I note that these are 50p shares....going for 20p =less than face-value. Maybe that was the reason Dirs bought..... believing Market must turn-up soon. Thanks cynic; I shall for now.

cynic - 03 May 2018 13:39 - 448 of 454

AVOID!!

cynic - 03 May 2018 13:39 - 449 of 454

AVOID!!

cynic - 03 May 2018 13:39 - 450 of 454

AVOID!!

robinhood - 09 May 2018 15:30 - 451 of 454

Agree with cynic -even babies are now using the internet to buy their nappies

hangon - 05 Jun 2018 16:41 - 452 of 454

That maybe, but the "brand" has some value and people still pass the door - whether they come to Buy is another thing. Directors buying is quite uplifting . . . serious money if it is lost, ( unless there is compensation in their contract ), surely no troubled Co. could do that legally?.
At 30p today it might be worthwhile ( er, since I didn't sell-off my miserable holding ), -I can Av Dn very easily so if/when this reaches 50p I could be in small Profit..... some hope!
There have been significant changes ann. so maybe this will show-through.... but for now the Market is holding-back, I guess. + DYOR.
EDIT (13July2018)- Seems I missed the General Meeting yesterday when nothing was said (Eh?)... but the AGM is still on for the 19th (DYOR).... Does anyone think the 1:1 Fundraising is worthwhile.... there is a small discount to sp, but that will slip - does the Co. have any plans to get itself out of this mess?
EDIT(2Aug2018)-sp=25.5 is hardly a huge uplift from the 19p Offer ( which I missed ), - so I hope there is soon news as to what this money will be used-for. If it's "more-of-the-same" then it's wasted IMHO. . . MTC needs to push their Brand, so Parents and G-Parents keep on spending.

Stan - 01 Nov 2018 10:07 - 453 of 454

Mothercare is to cut 200 jobs at its head office in Watford in a bid to meet a £19m cost-saving target as it battles a crisis on the UK high street. The struggling retailer said the company restructure, initially announced in May, would result in 150 net job losses and 50 new roles, and that staff would be redeployed where possible. It said it would be "supporting colleagues throughout the consultation process". - Telegraph


Stan - 23 Jan 2019 21:27 - 454 of 454

Major Holding https://www.moneyam.com/action/news/showArticle?id=6287282
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