Mothercare Share Discussion Threads

[dealy] 30/7/2018 13:01

restructuring is done. plenty of upside now

[deanroberthunt] 30/7/2018 12:36

and WOOLIES

[deanroberthunt] 30/7/2018 12:36

is this like YELL, just too late to the interweb party ?

[fenners66] 27/7/2018 22:08

Are you saying dealy didn't do his research and got that wrong ?

As if that never happened before....

[vinceelliott] 27/7/2018 12:22

Not a new holder! Restatement by DC Thompson pension scheme as a result of change of shares in Issue.

[chinese investor] 27/7/2018 12:06

The BEANO & DANDY people !

[dealy] 27/7/2018 11:52

new holder just emerged with 8%

[dealy] 27/7/2018 09:16

whatever about the past the shares are cheap now. The 44m of net debt has basically been wiped out by the equity raising and the exiting of unprofitable stores is a major positive. The market cap at 70m needs to be viewed in light of a likely steady state 10 to 20m per year in net income over the next few years

[dealy] 16/7/2018 15:18

I got out at 30p. I think they are a buy at this level. market cap will be 75m and net debt will be zero after the placing

[texas boy] 13/7/2018 14:18

Another disaster for C.I I am afraid.


are you saying it's not happening now?


Considering there are more birth in UK for last 10 years and it keeps going up with eussr citizens coming over to pop.

This company is dead.




Chinese Investor13 Jul '18 - 13:03 - 161 of 164
0 0 0
There'll be lots of baby's in 9 months time !

[napoleon 14th] 13/7/2018 13:37

When are these guys going to get a fashion product like PeppaPig and retail that?
That can drag in the rest the rest of the catalogue....

I sold some time ago, c.200p. One of my better moves!

[chesty1] 13/7/2018 13:21

This share hasn't got nine months?

[chinese investor] 13/7/2018 13:03

There'll be lots of baby's in 9 months time !

[typo56] 13/7/2018 12:39

Looks like underwriters will be left holding the baby

[typo56] 11/7/2018 13:59

Being a bit pedantic but it's not a rights issue but an open offer. The difference is, if you don't take up the offer you receive nowt for the lapsed entitlement. Pay up, or lose out!

[hooley] 11/7/2018 13:01

Are they closing all the loss-making shops? The overseas franchises are profitable is my understanding. Drastic surgery plus the equity fund raising presumably will transform the financial picture. Perhaps the documents relating to the rights issue should spell-out the position. The underwriters would want to know and existing shareholders should also be given the same facts.

[fenners66] 10/7/2018 22:13

kibtf
10 Jul '18 - 16:34 - 152 of 154

I think the $10m trade partner loan is a $10m loan from a franchisee
to be offset/secured by normal credit terms offered by MTC
to the franchisee for goods purchased by the franchisee under normal trade terms with it.

I don't know if that is a good answer or a poor one !

We are talking about a £10m debt trade owed to MTC
So if this is going to be realised it cannot also have a £10m loan from a Franchisee otherwise one would assume the franchisee gets paid in return. Net nil change to cash flow.

If you meant it was a loan TO a franchisee it would not be trade debt.
If you meant they had £10m outstanding on longer terms to a franchisee - whilst we are being told that the franchises make a good profit and MTC is losing a fortune - then once again I see that as utter management failing.

Maybe I should get around to reading the detailed accounts and see if I can fathom it out.....

[typo56] 10/7/2018 17:17

Wow, that's all a bit 'Sir Humphrey Appleby' to me!

What would the benefit be to the franchisee? I assume simply the interest they'll receive on the loan?

So effectively they're being paid to settle immediatley on up to £10m of their invoices?

[kibtf] 10/7/2018 16:34

I think the $10m trade partner loan is a $10m loan from a franchisee to be offset/secured by normal credit terms offered by MTC to the franchisee for goods purchased by the franchisee under normal trade terms with it.