Mothercare Share Discussion Threads

[thegreatgeraldo] 05/11/2019 19:55

That's quite a lot of stock they must ne carrying, considering it may be knocked out at a fair discount. Reasonable to assume that the major supplier of stock to MTC (UK) is MTC PLC? Traditionally the suppliers get stiffed as well....

[thegreatgeraldo] 05/11/2019 19:22

Not a company I follow, but AIUI the central plank of their Transformation Programme is stiffing the banks for £24 mill?

..."Existing £24m bank debt facilities will be paid down by the administration process" ..

Or are they saying that the bank debt may be paid off thru admin? ;-#))

[weitaidi] 05/11/2019 17:46

Now looks like a healthy £20m+ EBITDA company with regular international franchise income sheltered from domestic troubles.

[dingo75] 05/11/2019 17:40

Would you like a Puhschair with your egg fry rice saaar?

[kinwah] 05/11/2019 17:36

I think this was the plan all along. Now the UK business has been ditched the international franchising operations make MTC an interesting profitable company. Sympathy for the UK employees whose jobs have been thrown on the bonfire.

[dealy] 05/11/2019 17:25

well the plan is all clear now. steady rise to 20p before year end taking the market cap to about 80m?

[elmfield] 05/11/2019 17:25

Very interesting developments,
Probably worth averaging down, views please?

[red army] 05/11/2019 13:50

I don't get the negative comments on this thread as it is clear what the board are looking to achieve. When retail is back in fashion they will have a business with little debt and great brand.

[terminated] 05/11/2019 12:09

Well they manufacture many of the goods and they are keeping the manufacturing plant from what i understand. This will obviously need to be scaled down but there is now the chance of selling to what would have been competitors. Also the franchises have built up a brand image, they are unlikely to abandon that to pursue cost efficiencies. If they can generate 10m profits which is not a big ask given the franchises have made over 15-25m previously, it could have a market cap of 100m.

[dealy] 05/11/2019 10:29

one thing is for sure: the UK is such a basket case that long established businesses have no chance to survive

[red army] 05/11/2019 08:54

It can continue to trade in UK without bricks and mortar presence.

[fenners66] 05/11/2019 08:38

The overseas opps are franchised right ?

The UK business has volume related to it if not profit.

So lose the UK business and its buying power and what advantage does it convey to the franchisees ?

[kreature] 04/11/2019 21:06

Already in admin?

[robizm] 04/11/2019 19:51

Did you read the rns. UK company will be put in administration but the international arm will continue

[creddy] 04/11/2019 18:15

got no interest here but had to look following widespread coverage on the news today. just checked level 9 trade data, over 2 million shares purchased ; some people have more money than sense, there is no sign of a white knight waiting in the wings to save the day. this turkey is in intensive care, comatose with deliberately induced flatline imminent, probably tomorrow.

[she-ra] 04/11/2019 17:16

He doesn't even understand the UK retail market. How the hell is he going to understand the Asia, Russia and Middle East markets?

[fenners66] 04/11/2019 13:18

dealy
4 Nov '19 - 11:59 - 1974 of 1976

"I was definitely wrong on this stock before. But I think there is value here now for the reasons I mentioned"

Refreshing to see you admit that .

But you then go on to say "this time its different" - slightly different words- but you got every other occasion wrong as far as I have noticed.

I think instead of arguing the moribund are about to rise Phoenix like - just say that your strategy is to gamble on the near dead in the hope one pays off - its expensive and it might work one day - but it means you get it wrong far more than you get it right even after trying to put together coherent arguments every time....