Mothercare Share Discussion Threads

[terminated] 26/11/2017 19:24

It will be interesting to see how many more directors buy in tomorrow.

[justiceforthemany] 26/11/2017 14:23

dealy how much do you have invested here?

[dealy] 26/11/2017 09:39

I would say the business plan looks good. A lot of investment and fine tuning has taken place. Current footprint should generate cash flow from here

[she-ra] 26/11/2017 09:22

I'm not saying there is going to be one. I am just speculating as to whether they might want to raise cash. After all they have done before.

[dealy] 25/11/2017 21:11

Only mention of placing was a couple of posters here. I'm in the camp that the operating results were in line. Do not understand the 35% drop over the last few weeks

[justiceforthemany] 25/11/2017 20:52

Yes that doesn't make sense. Placings are rarely at higher prices than the current share price Therefore they would be lose a lot on their buys if there was one. H2 includes Xmas and should be a lot stronger than H1. Brent crude is also above $60 now so Middle East spending should pick up. I expect International gross profits in H2 to be around £20M

[terminated] 25/11/2017 18:46

Placing? Have I missed something?

[dealy] 25/11/2017 16:12

They said net debt was in line with expectations so why is a placing suddenly on the table?

[she-ra] 25/11/2017 14:36

If you had followed the directors purchases a few months back when they were over £1 then you would be down nearly 40%.

I'm just wondering if yesterdays directors purchases are a pre-placing propping up exercise.

Thoughts anyone?

[justiceforthemany] 25/11/2017 12:11

I bought in on the basis that the UK business was said to now be profitable. Management were boasting about this 'turnaround'. H1 profit should have been £4M for UK and approx £20M for International. Instead -£9M UK and £15M International.

[dealy] 25/11/2017 06:32

Richard Griffiths is down significantly on this now. As too he is on Rthm where he bought a large stake over the past 3 years

[terminated] 25/11/2017 01:39

It is very confusing.

[terminated] 24/11/2017 22:56

Forcast were for 20m-25m for whole year so 12m now with loss factored in would be about right.

[justiceforthemany] 24/11/2017 22:24

The UK results are baffling. Last year H1 loss for UK was -£8.8M I believe. They then at H2 reported overall full year UK loss had narrowed to -£4.4M which means they made a profit for the UK in H2 last year of £4.4M. I think most investors were expecting a profit of around £4M for the UK in H1 not a loss of -£9.6M again. Management were boasting of turning the UK business around and how MTC was now profitable in the UK as well as International. What happened? Canaccord are expecting a full year UK loss of -£7.8M so do they expect a UK profit of £2M in H2 and total group profits in H2 of £13M?

[owenski] 24/11/2017 20:21

"Got to be positive if directors are buying shares ..."

Really???

Good luck on that, let them waste their pennies, why should anyone else waste theirs

[justiceforthemany] 24/11/2017 18:14

The key question that remains unanswered is the UK loss of -£8.9M in H1. Does that include restructuring costs and if not then something has gone badly wrong as the UK business was expected to be profitable this year.

[peppypants] 24/11/2017 16:44

Got to be positive if directors are buying shares ...

[fabius1] 24/11/2017 14:26

Well gents, think I heard a bell.

[clocktower] 24/11/2017 10:48

dealy, post 1270 - future profits are a distant dream and they may not be around in 2 years let alone 20.

[terminated] 24/11/2017 09:25

Market reaction indicates it did not meet expected operational performance. I certainly do not think a small loss was expected.

[dealy] 24/11/2017 07:22

Also the value of the company should be based on the future profits for the next 20 years

[dealy] 24/11/2017 07:20

They claim that net debt is in line with expectations which should mean that operating performance was in line with expectations. The losses must have been due to non cash charges after adjusted operating profits line