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

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

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