Mothercare Share Discussion Threads

[discodave4] 01/3/2018 22:02

TerminatedPs copy of one of my SPD posts admitting I called it wrong:Terminated,No comment xxDDps just move on chap, I may have called this wrong (short-term) but not all wrong!.I was also posting fairly regularly up to about 2 months ago as lost interest completely. Think it was yourself that also said that DEB was a sound business!, have you figured out Mikes put option yet or do you want me to explain it to you yet again?.DD

[terminated] 01/3/2018 18:59

DD has a history of 'I told you so, statements, I encountered him on the sports direct bb preaching gloom in a self richious manner. When they come good he disappeared, when they went down slightky he reappeared. Never says what he bought and at what price funny enough.

[bc4] 01/3/2018 16:42

Yes there are a lot of people who seem to great delight in other people losing money VERY SAD they must be!

[yump] 01/3/2018 16:36

DD4

If you think my comments about GTC were ramping, you don't get around much on here.

I note you disappeared from there when the price doubled, which was very weak of you if you actually believed 15p was going to happen a year later. Oh, I know, you'd made your point and didn't want to waste your time any more - or was it that you'd look daft ?

Although you kept posting doom right up until the point when the price started rising significantly. Not much cash left, blah, blah. Have you got another string to your bow ?

Whatever you do, never admit to getting it wrong, that's the key thing, then at least you can tell yourself you look good.

I wouldn't bring up the subject of where people's heads are if I were you. I'll bet you will never, ever come back here if MTC recovers - that would take some guts. But I doubt if we'll ever see them as your head would stop them appearing.

I think I can see a business case for MTC, which is why I'm buying some shares, as with other potential recovery stocks. If it does recover, you won't see me saying 'told you so'.

It must be nice to be so sure of yourself. I hope you do well out of it.

[dealy] 01/3/2018 16:23

The business plan for this company is interesting and in tact. Maybe missed 10m or so over the last 12 months. Should generate predator interest at this level

[discodave4] 01/3/2018 15:13

YumpyGTC will go to 15pYou were ramping that at 25-30p and it's what after two years.....31p, whoop whoop.Have to agree, for once, with DRH.....bump, business sold for £1.Get your head out of the sand.DD

[yump] 01/3/2018 14:15

Be interesting to get some opinions on the stress test.

[dealy] 01/3/2018 14:13

Need to look at normalised sustainable profits level not profit in any one period

[yump] 01/3/2018 14:07

deanroberthunt

I'm sure you can find a bigger list than that to quote pointlessly.

Woolworths - BHS - Enron - Polly Peck (oh yes I was brought up the hard way).

I bet I could pick some tanked share prices to pretend I'm knowledgeable, but I'm not that narcissistic.

[yump] 01/3/2018 14:03

DD4

I suggest you stick to the numbers and I'll stick to the business.

As I did when you were quoting numbers and saying GTC had further to drop in 2016 - I think your target was 15p ish - after which it rose to 40p.

I really don't care which one of us turns out to be right, but we clearly have different ways of looking at things, except you have a certainty about your statements which doesn't seem to be justified by history.

Its quite sad on these BB's the number of people who obviously feel they have to be right. Understandable really as everyone posting is a winner aren't they ?

[discodave4] 01/3/2018 13:52

YumpyI have commented on the business, £50m net debt on a profit of £1m to £5m, +£2m/month net debt, RCF only £17.5m.....so work it out yourself which way this is going.Short it don't stay long.DD

[dealy] 01/3/2018 12:48

No news from the company!!!

[yump] 01/3/2018 12:20

Terminated

Yes the wording was a bit odd in Jan. I don't think its practical nowadays to run your own exclusive products at full price all year, so not sure that was the plan originally anyway. Plenty of premium brands have sales - they just don't do a DFS all year. I don't think sales damage the brand particularly, as long as the products are OK in the first place.

As ltcm1 says I think talking to a store manager would reveal something. I chatted to one in PETS and that reassured me before Christmas.

[ltcm1] 01/3/2018 12:02

I am not saying mtc is the same but Carpetright put out a similar profits warning two months ago and now another today.

It is hardly surprising the market is spooked. It could be a great buying opp ofcourse.

But against that the UK stores have not turned a profit for years. So the UK downside risk is high.

[dealy] 01/3/2018 11:41

Also, The way the markets are going you can forget about central banks raising interest rates

[terminated] 01/3/2018 11:25

Yump: regarding the poor sales over Xmas.If you look at the November presentation he was talking about his desire to be brave and stop discounting heavily and make the transition to a premier retailer. In Jan he seemed to confirmed this by his odd choice of words over discounting. I would assume it back fired on him costing millions. It would of course take years to recondition shoppers expectations but he may have to abandon this strategy to remain competitive. Of course there is also reduced floor space.I was looking at an article from June last year in which it stated they would have ro raise prices 5% due to the poor dollar conversion. Since then it's gone from 122 to 140ish.

[dealy] 01/3/2018 11:21

I think it is premature to think the equity is worthless. They have done a lot of work the last 2 years improving the business

[ltcm1] 01/3/2018 11:15

Lol yump.

My understanding of charts is that you don't get involved without a resistance line.

If you are holding chart theory says "sell".

I think 20p would only be resistance if it was a far more liquid stock.

Surely a buying decision is better based on if you know a store manager.

Why not wait for some real news and make a decision then? Clearly the share price is indicating they might be talking to banks.

[dealy] 01/3/2018 10:51

Interesting to see if Griffiths adds down here

[yump] 01/3/2018 10:33

Anyway, I think I am going to have a bet on a chunk at 20p for a bounce. At least I will have the satisfaction of seeing yet again, that snake oil chart theory as a 'science' is blown out of the water by the response of investors to an arbitrary round number, which seems to be more evidence for a self-fulfilling prophecy.

Or, of course if you like chart theory, a bounce at 20p would just go to prove that charts work. If of course you used the chart a few weeks ago to predict a 20p dip and bounce.

[dealy] 01/3/2018 10:15

So all retailers are worthless?