Mothercare Share Discussion Threads

[fenners66] 09/6/2023 11:14

Take a look at the line up for the Championship next season...
sorry to upset you (if you are a LCFC supporter)

Even the useless Everton team have avoided relegation for ....60 years or more (?)

cash - your opinion based on what you know of MTC - the point I already made is the board know more and they have pushed him...

[cash2020] 09/6/2023 11:04

Incorrect, they were not relegated.

That aside, MTC is in a way better position now than a few years ago. They’ve restructured, weathered the storm of the pandemic and the loss of the Russian arm of the business and yet they still have growth. Global conditions have caused chaos for everyone. Give it time to settle down, I have confidence this will gain traction.

[fenners66] 09/6/2023 10:32

Were not top when they sacked him though
And they still ended up relegated ....

[cash2020] 09/6/2023 09:42

Leicester got rid of Ranieri when he’d just won the league.

[fenners66] 09/6/2023 09:32

jimmyloser - the implication is things are going wrong - things you don't know - so they cut him loose in an attempt to get someone in to fix things.

You don't sack a manager when you are top of the league - but you do when you are in the relegation zone....

[weaverbeever] 09/6/2023 08:08

I think its good that they have been fast to make this decision. Recruitment is a lottery. Best move on fast if its not going to work. Shows good leadership in my opinion. This guy came from a company awash with cash having surfed through the clothes buying and share price frenzy during covid. Very often this leads to ignorance and complacency and a tenancy to over spend.

[jimmyloser] 09/6/2023 07:57

Other than the attention it draws and disruption etc. I personally cannot find anything negative in this mornings statement. Steady as she goes and several lines of possibility regarding debt. I am happy to wait until the end of July.

[gepetto100] 09/6/2023 07:54

Obviously after Abercrombie & Dr Martins he only had European experience and limited Middle Eastern where they see their income markets. Bad choice so they've cut their losses

[applied1] 09/6/2023 07:39

So am I reading this right,he has had 6 months salary ,bought 50 k worth of shares and now he's off,which I had his money ,well at least they are refinancing.

[cash2020] 09/6/2023 07:38

Probably useless so they got rid.

[clocktower] 09/6/2023 07:36

Well that never lasted long, I doubt he could deliver what he was brought in to do. Maybe when he was interviewed for the job he could talk the talk but turned out to be all he could do, there are so many like that these days. Good at blagging but that’s about it.

I think he was expected to have American contacts and negotiating skills, well he will have difficulty getting another job. Dr Martin’s didn’t want him any longer as it became apparent that there business was having difficulties when the numbers surfaced.

Not a good sign as you say. Where it goes from here is questionable and I regret to have to say this but maybe time to cut a run and take losses on the chin.

[fenners66] 09/6/2023 07:19

There's your news - CEO is off.
Board believes they can do better without him...

Never a good sign when a company is already in such a bad way.

[jimmyloser] 09/6/2023 07:18

That has taken me by surprise this morning and no doubt many others.

[clocktower] 05/6/2023 16:19

Time they provided more news about what they are doing to try to reduce those crazy interest payments.

[jimmyloser] 31/5/2023 08:59

There are few shares that I like as much as this one. impo, this has been wrongly trashed and oversold.
Tomorrow is another day!

impo/dyor

[weaverbeever] 30/5/2023 19:07

Nice 17% spread.

[weaverbeever] 25/5/2023 17:07

This share is mental

[terminator101] 25/5/2023 15:42

And clocktower amazing stock picks get flushed again huh.

[scepticalinvestor] 20/5/2023 09:53

Over priced pish. Even Aldi has far better quality and range

[applied1] 20/5/2023 09:50

Would be good to have new franchise deal with the USA

[farrugia] 20/5/2023 07:20

pgh3 with your experience as a suppliers what do you think of WRKS? What about ASOS? Are there any retailers you are upbeat on?

[terminator101] 15/5/2023 21:57

Oh dear clocktower. Seems you have a knack for picking the duds.

[clocktower] 15/5/2023 18:40

Cheers pgh3, Interesting view point from a supplier to MC.

As for what went on previously, nothing surprises me but one has to be carefully what one suggests even if it were fact that cannot be proved, and even if one could, without vast resources one can be left bankrupt by the power of money and connections.