Mothercare Share Discussion Threads

[cash2020] 14/9/2022 07:54

I’d forget the dividends for the moment, that will come in time. The pension deficit has been more than halved in the last two years, that’s impressive. If we step back and look at the big picture, they’re only in two of the top ten markets. I would imagine that they will use an online platform for these new markets which really shouldn’t take too long to set up. Revenues will only increase now (and we’re still 25% down due to global conditions). Imo we’re in a great position and this is now a big opportunity.

DYOR

[mrsimmons] 14/9/2022 07:39

Jimmy let me know when they start paying dividend. They have a 60m deficit on their balance sheet and that is under IAS 19. The funding deficit will be worse. I’d also add the deficit is suppressed atm due to high yields.

Still that is a decent performance. I hope they turn it around. The previous CEO - newton jones ran this into the ground and wasted 100m quid. Shareholders deserve some sort of return here due to the previous management teams wastefulness.

[wad collector] 13/9/2022 20:50

When the pension deficit is £60m , the exciting £10m EBITA is not enough to see this share ever paying a dividend again . Russia is a kick in the teeth but it was on the canvas anyway.
Good luck if you bought recently , but if you bought a few yrs ago then the small share price rises are irrelevant. I only keep this on my monitor to remind me of bad buys I made in the past.

[jimmyloser] 13/9/2022 18:21

Mrsimmons1 Sep '22 - 11:20 - 397 of 409
0 0 0
Holders will never get any return on this. The pension deficit is a killer. The company only exists to pay down the deficit. That’s the facts. The previous ceo squandered that 100m rights money. Wasted it on defunct erp systems, head office refurbishments and uk store upgrades. All wasted. A real shame.

[cash2020] 13/9/2022 18:05

Stockopedia have a target price of 20p. However I don’t think it’s been updated yet.

[dennisbergkamp] 13/9/2022 17:30

Well done all of you who were in... The spread had put me off and never got to see it reduce... and now its gone bang!

D

[amaretto1] 13/9/2022 17:19

U called this completely WRONG !!

[applied1] 13/9/2022 17:11

If you at the closing price @11.15.it ended up 60%.so who knows what 8am will bring .pleased .

[cash2020] 13/9/2022 17:03

They caught us off guard with the very late RNS. A lot won’t be aware so I’m expecting people to pile in tomorrow morning. It’s going to fly.

[w0lf0fwallstreet] 13/9/2022 16:51

No way this will open below 13p in the morning

[applied1] 13/9/2022 16:27

About time.but pleased

[chinese investor] 13/9/2022 16:22

Good Results !

[cash2020] 13/9/2022 16:19

Applied1: You gotta be pleased with that?! 👍🏻

Like as said a while ago, we’ll be back to 20-25p by Xmas.
What a bargain this is now, it’s going to be a titan.

[mrsimmons] 01/9/2022 11:20

Holders will never get any return on this. The pension deficit is a killer. The company only exists to pay down the deficit. That’s the facts. The previous ceo squandered that 100m rights money. Wasted it on defunct erp systems, head office refurbishments and uk store upgrades. All wasted. A real shame.

[applied1] 26/8/2022 07:39

I will be voting against the board at the AGM .

[applied1] 23/8/2022 11:12

I have tried all the numbers,can't even speak to there head Office.Bizzare.

[fenners66] 23/8/2022 10:42

A listed "named " company operating like this ?
What is the exchange doing about it?

[zabaral10] 10/8/2022 10:09

Probably because it's a bad news...

[applied1] 10/8/2022 07:25

So here we are the 10th and still no news !!

[gepetto100] 05/8/2022 07:53

Applied - looks highly likely that 10th August will give us news with the annual report. Although I would have expected sone pre-news to thatThere was a date given as the 29 July for the pre-lim results to be published

[pgh3] 04/8/2022 14:27

I'll have a look for you applied1...although I'm still licking my wounds when they took my biz for £1M+ in bad debts on the highly questionable pre-packs they did the other year.
I say questionable as the timelines did not add up during a creditor/supplier meeting they held in HK that I attended.