Mothercare Share Discussion Threads

[applied1] 23/5/2024 16:35

Areal sgame ,could of been a tidy little company ?

[trader4ever] 23/5/2024 14:43

Senior management of this company is a team of LOOSERS. That is why we are at this worst state today. None of them have any ability and competency to run this business. Some big name should take over this company and immediately get rid of this whole useless management.

[jimmyloser] 15/5/2024 15:41

pgh3,
Nothing tangible more just a hunch as Trader has pointed out they need something to shove a little confidence into the company and then again mentioned 'redoubling of efforts'

[pgh3] 15/5/2024 14:54

@Jimmy
I note with interest you mention "I expect another territory or a licensing deal to be announced by the end of June."

Can you put any meat on that bone?? We are currently taking forward orders for 2025 with no mention of new territories or order uplift (in fact all orders values/quantities are generally down).

????

[applied1] 15/5/2024 14:21

Well trader ,the chairman is going to loose a fortune aswel mate.

[trader4ever] 15/5/2024 14:19

It seems like senior management is succeeding to push this company into administration once again. Senior manager is extra ordinarily incompetent, none of them have the ability to run this business.

[fenners66] 14/5/2024 12:04

Debt at 19.2% will just keep costing them money.

Its obvious a noose around their neck and the obvious solution was to tap any large holders
for equity to pay it off.
That must have already been tried and therefore they must have got a no chance from large
holders or have none left of any size / deep pockets.

So that leaves going to the market with a massively discounted rights issue.
So why buy now before its announced it could trash the share price..

Their advisors may just say there is no appetite for that whilst results are so poor and
there is a cash call coming for the pension deficit.

After all why put good money in after bad when the company goes under due to no cash the debt
holder can do a debt for equity or let it go and let the govt pay the pensions...

[applied1] 14/5/2024 11:41

Thanks Jimmy ,that makes sense to me ,then if that's the case ,good value now to buy .

[jimmyloser] 14/5/2024 11:37

A1
I will try but others may be better suited than me.

When Deutsche put out their note they believed that MTC were a good recovery stock and they set a price target without a timescale and based it on the stars aligning.
As yet, the stars are not aligning and it may be another eighteen months before they do.
The underlying factors are considered good (ish) in their eyes.

We have no CEO/lost Russia (out of their hands)/Israel/Gaza (out of their hands)/high interest rates (should be able to deal with late this year or early next.

I expect another territory or a licensing deal to be announced by the end of June.

Needs another twelve months.

IMPO/DYOR

Under Whiley, De la Rue shares have doubled from 45p to 90p (needs fact checking)
put these MTC away and forget them or sell and get out.

[applied1] 14/5/2024 11:01

How the hell do they get a target price last week from deut bank of 12p,I just don't understand ,someone please explain to me .

[trader4ever] 14/5/2024 10:47

This is one of the worst company for PR and information sharing. you will not hear anything for next 6 months now. Senior management is highly incompetent they do not have the ability and expertise needed to run this company.

[applied1] 14/5/2024 10:39

Well we will probably have to wait for months now for more news if any,mean while the share price will slowly drop .

[cash2020] 13/5/2024 17:37

Jimmy 1039 of 1042

I agree with you.

[trader4ever] 13/5/2024 14:29

Lets see if CEO believes in his own future performance by buying shares after delivering disappointment and failure.

[jimmyloser] 13/5/2024 08:08

Morning A.1

[applied1] 13/5/2024 07:44

Morning Jimmy

[jimmyloser] 13/5/2024 07:28

Friday was certainly a lively days trading. Interesting to note the cavalry arrive in the afternoon.As I said, experience tells me to be careful what you wish for!As a holder of a sizeable stake my own view is disappointing but understandable statement.MTC working hard in a difficult environment I will continue to hold.Impo/Dyor

[applied1] 11/5/2024 11:50

Can us a single shareholder put a resolution forward?

[pgh3] 10/5/2024 14:29

@applied - cheers! but that's business and fortunately my company survived, unlike a lot of others.

Quite funny really - they held a meeting in HK a few days after MTC was born for suppliers as a Q&A...but only really have 24/36 hours notice hoping that disgruntled creditors wouldn't attend!

I was one if a few hundred that turned up and basically roasted the CEO and FD that had put them into administration and then miraculously where4 in the same positions of the new company, a lot of anger was vented in those couple of hours haha

[applied1] 10/5/2024 14:27

Absolutely mate

[trader4ever] 10/5/2024 14:21

Some one should take over this company and immediately get rid of useless incompetent management.

[applied1] 10/5/2024 14:06

So sorry pgh3,it's not fare.

[pgh3] 10/5/2024 13:51

@applied... I'm well documented as saying the management that took them into administration should have been investigated (the new MTC name was registered weeks before appointment of administrators).

Unfortunately since then there has been a string of bad board appointments imo!!

But its an ailing business, so I guess hard to entice some highflying CEO that's got a bit about themselves?

Makes me bloody cross....well documents that I have lost over 7 figures to this company due to the administration (not in shares but non payment of invoices).

[applied1] 10/5/2024 13:33

P3,would love to see this happen now,it's a disgrace,this could be a brilliant company ,they have wasted 2 years doing "Jack" promising all sorts.