Mothercare Share Discussion Threads

[fenners66] 29/5/2024 15:52

That's ok cash - I wasn't

[cash2020] 29/5/2024 15:42

Fenners, you really should read things properly. I didn’t say things are getting better, I said things will improve in time. Thanks, but I don’t need anyone to point out any investment opportunities for me.

[fenners66] 29/5/2024 15:07

And lo the share price falls again...
Still cash2020 - if you think things are getting better , then you have an opportunity to buy some for less...
will you gamble ?

[applied1] 29/5/2024 13:59

Wow ,could buy this now for around 25 million ,administration soon .

[trader4ever] 29/5/2024 13:45

Management have done nothing in the last few years to improve the business. They are useless, there only interest is receiving free salaries and deliver Failure after failure. This company is heading towards Administration if no drastic actions are taken. They can start by firing some senior management beginning with useless and incompetent CEO.

[applied1] 27/5/2024 20:07

Got to agree with Fenner,they have done Jack except take there salaries,they have had enough time to sort things out ,time to ditch this lot .

[fenners66] 27/5/2024 17:42

Not moving any goalposts -read your original post - you want to excuse management , for world events - that's your opinion , ok. But you said "things will improve in time"
To which I replied (with reasons and still do) - its going nowhere , don't you read the RNS's?

Essentially I don't care what you think about management , I draw attention to the company's prospects
as I have when posting on here for I guess some years now.

The company is alone in a hole , it cannot get out of and the share price sure enough reflects this.

There has been no improvement in the past year - since they said they wanted to renegotiate the loan
there is no catalyst for any....

[trader4ever] 27/5/2024 11:58

Senior Management is incompetent and have no ability to run this company, just checked their track record for the last few years of consistent failures.

Soon they will be pushing this company into administration.

[cash2020] 26/5/2024 23:15

You’re moving the goal posts fenners. Firstly, I was talking about the management and that they are not to blame for world affairs, anyone can see this. You’re talking about whether they are going anywhere which is something completely different.

[fenners66] 26/5/2024 22:42

Touche - you said "things will improve in time."
irrespective of whether you think management are doing a good job or not...
they are going nowhere and I gave reasons.

[cash2020] 26/5/2024 21:46

You obviously didn’t read my post properly fenners. My point is that global events were beyond MTC’s control and not managements fault. A perfect storm of negativity has hit everyone. It is what it is.

[fenners66] 26/5/2024 21:22

You don't read accounts or RNS's then cash?
Whether you think getting nowhere is doing good or not - they are going
nowhere , massive interest cost and no reason for anyone to pay off the
debt , no reason for the lender to negotiate.
Add the funding required for the pension deficit , they have put this off
so far but it ramps up and ....
you got a funds requirement ...

[cash2020] 25/5/2024 21:18

Applied, but surely you’ve got to appreciate that Putin’s actions have wiped out 126 Russian stores, 20-25% of MTC’s profit. Not to mention Covid, the cost of living crisis and now the war in the middle east. This has likely resulted in delaying any new deals that were being lined up. I think it’s very unfair to blame management for global events that were simply out of MTC’s control. However, they are weathering the storm well. I’d say management are doing a good job and things will improve in time.

[applied1] 25/5/2024 10:03

Cash mate ,I disagree they have done Jack ,none of there promises have come to frustration apart from paying themselves !!!

[cash2020] 24/5/2024 16:53

Applied1, if the recent disastrous global events hadn’t have happened do you think MTC would still be in the same situation?

Of course not.

[applied1] 24/5/2024 07:01

Cash/trader,everyone ,they have failed in every statement over the past two years ,"new CEO"disaster "."new territories ".failed to do that ,renegotiation of debt ,failed to do that,and yet they keep taking there salaries,surely the major shareholders here are watching and could get rid if they wanted to or am I missing something,as I said a real shame to watch this great brand die.

[cash2020] 24/5/2024 04:35

It’s not the management that’s the problem, it’s global events.

[applied1] 23/5/2024 15:35

Areal sgame ,could of been a tidy little company ?

[trader4ever] 23/5/2024 13:43

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 14:41

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 13:54

@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 13:21

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

[trader4ever] 15/5/2024 13:19

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 11:04

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 10:41

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