Mothercare Share Discussion Threads

[pgh3] 10/5/2024 13:28

@applied - yes under the articles of association they should be able to call an EGM, and at least get rid of some of these large salaried idiots.

Its disgraceful that they take a salary without any real action plan of what they are doing going forward, apart from saying we are looking for refinance and everything will be rosey

[applied1] 10/5/2024 12:51

Can't the major shareholders get rid of the chairman and board now ?

[applied1] 10/5/2024 11:44

The chairman now loosing money on his investment here @.0565p,sack them all.

[dealy] 10/5/2024 11:00

sounds like every uk retailer

[trader4ever] 10/5/2024 08:52

This is one of the worst management you can have to run this company. They have delivered nothing for the share holders for the last 5 years. This company never stops to disappoint shareholders. No one would be investing in this company anymore.

[jimmyloser] 10/5/2024 08:48

applied, they didnt give a timescale for 12p.

[applied1] 10/5/2024 08:45

Morning all ,given all this today ,why give them a buy rating of 12p by "Deature bank"this week .!!

[pgh3] 10/5/2024 08:40

My views are well documented on this MTC thread, the management are inept and have been for many years now.

Realistically who is going to refinance them, the current provider certainly isn't going to on when they are making plenty of money of the current finance deal!

In my opinion, as I have said previously I fear the worst for MTC and their largest franchisee in the middle east will probably wait for administration and then buy the name and look to do the buying and sourcing operation overseas?

[trader4ever] 10/5/2024 08:26

This is one of the worst management you can have to run this company. They have delivered nothing for the share holders for the last 5 years. This company never stops to disappoint shareholders. No one would be investing in this company anymore.

[fenners66] 10/5/2024 07:39

19.7m borrowed at 19.2% is 3.78m a year out of that Adj EBITDA of 6.7m which would be up from last year's 2.9m

[fenners66] 10/5/2024 07:36

Sales decline another 13.1%
Net debt continues to worsen 14.7m was 12.4m was 9.9m
Pension scheme deficit not moved
Ajdusted EBITDA of 6.7m was the same as last year - when they lost 0.1m
so I expect another loss.
A year on how can they justify another adjusted as if the remaining items are not repeating
then presumably go and repeat them.
If they were to make a net profit they would have said so.

And they "say" ... "We have therefore commenced refinancing discussions" we knew that a year ago
so no movement no capability there

Useless trading statement says they cannot deliver.

[applied1] 08/5/2024 11:02

What's happening here people,given a target price of 12p,and we are down !!

[applied1] 03/5/2024 08:22

Jimmy .love your faith mate you keep me going Lol

[jimmyloser] 03/5/2024 08:11

Day not over

[applied1] 03/5/2024 07:35

Morning all,happy Friday to you ,bit disappointed I have to say ,sure there would of been news this week .going on for 6 months without anything substantial.Have a good one .

[jimmyloser] 01/5/2024 15:33

The next 48hrs should give us a trajectory! impo

[applied1] 01/5/2024 13:17

Cash ,you got to be right mate ,November last year was the last time we had anything on how the business was doing or updates on new C/OFFICER or new Territories.

[cash2020] 30/4/2024 21:34

But who’s gonna sell 1,000,000 shares when MTC has just been rated as a buy? It wouldn’t make any sense to me Applied1. News must be any day now.

[applied1] 30/4/2024 20:44

Hi "cash"think that's a sell mate ,anyone can confirm what it is please .

[cash2020] 30/4/2024 19:32

It was listed in the ‘?’ Column at 14:27.04 today.
Surely it must be a buy?

[applied1] 30/4/2024 18:13

Cash .where to mate

[cash2020] 30/4/2024 18:03

1,000,000 share purchase today?
Nice.