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Young mother having baby.
Her mother shopped at mothercare.
Grandmother shopped at mothercare.
Mother and grandmother now buy on line due to lockdown.
Young pregnant mother wants new for her baby.
Mothercare will come back strongly due to the strong brand name.
BUY BUY BUY
Very quite on here have you all sold out ? well their not having my shares its a screaming buy.
Yes you are.
https://www.londonstockexchange.com/stock/MTC/mothercare-plc/trade-recap
Wow that happened fast. I’m surprised as we knew the new shares were going to be issued. There is a waiver in place I think as part of the new finance that Richard Griffiths can’t go for a take over with his 33.9%. I might be wrong. It will be interesting to see how it plays out over the next week.
Am i reading this right 18p !!!
20% to 33%Richard Griffiths
DC Thompson up to 10% venture caps
28p by autumn, 42p by December 2021
What SP predicted for 2021?
well finally broke past the 15p barrier, the spread is kinda large atm
what! didnt see that coming
Shares are going up sharply - what is going on?
I see one of our main shareholders has just bought so many more shares they now own a third of MTC. Doesn't this mean they have to make an offer for the company once they pass the 30% level?
looking at the sells this morning from 8:45, doesnt it look like the same person just bought them back, it tallys up looking at the numbers
I think the shares are just about to bounce upwards. This looks extremely positive.
My lse is now showing an adjusted mcap but not showing the new shares. Maybe it will update during the day. Slow day today, only 4 trades so far.
Its showing on mothercares website including shares in issue.
http://www.mothercareplc.com/investors/share-price-information.aspx
Click on “detailed share info.”
I spoke to my broker whether the SP could be revalued and we both thought it was odd the market cap could jump from 56m to 82m overnight. But go figure maybe i dont inderstand finance. I dont know if it could affect the ceiling of what the share price reach, seems strange if something didnt give, otherwise any company can take out a loan, issue a bunch of shares and enrich themselves.
Anyway hopefully future projected earning are strong going forward
The Market cap is showing up on all trading platforms @ Market capitalisation: £83.31 million although the shares in issue
are still the same but, on simply wall street it does show both as Market Cap: UK£83.170m Shares outstanding: 562.91m.
So all done.
Looking at my L2 it’s still not showing the extra 189 million new shares have been added. Thought it would of been done by now. It will be interesting to see what the mcap is next week.
Great reading for Mothercare investors to see stuff like this.
https://sg.finance.yahoo.com/news/personalised-services-mothercare-nursery-advisor-030000677.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAHnhH1_hEYM2TqDTpUMq_-Fw1xusGWbeNNTaA8Jog6PnKKbDwDKFyBa3vLcJQ12oos3wBvL5niamafJEYg9vtIW_Gh4naM1PiAKxiTIGEm7RHMSUdZWTi4ouxW-Qli3Eoh71s0mzg1tkzSE9bl5gD0JgJcVkUV4G3xoUkPakeUYM
Unrelated to Mothercare but... Clive Whileys other position, news from today
https://uk.news.yahoo.com/dignity-slumps-loss-despite-uk-080411412.html
Penny stocks easy to target...
https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/market-manipulation/
Bunch of small trades again.. doesnt seem like they allowing it to drop below 14p or above 15p either !
Thanks Pearls: Have a great weekend!
LSE,
For sure no hard feelings with you whatsoever and i really hope you beat the buggers and earn a fortune - And to be honest my beef with Pearls is just banter, he makes me laugh and by giving him some of his own medicine hopefully he will leave us in peace ;)
Many thanks LSE - pleased to have assisted. I hold a substantial position in PMO which I began buying around 11p last October when I began in turn pointing out to everyone else what I had realised. Fundamentally, PMO is a great company, it just went through a spell of very poor management and let's face it, any company would suffer with poor management. The new management at Harbour look excellent and clearly the debt position will be materially different from April onwards. That looks like a winner and like you I am up over 100% on that one and intend to hold it into summer.
As regards MTC, this is of great interest to me because it has management that used to be in place at SGI and in fact turned that company around with an early debt for equity deal a few years ago. As a result, SGI has a very strong main shareholder who is also their banker, and very soft loans with a much improved financial position. I believe if the lockdown had not arisen they would have been trading in the black for the first time in years last year, this has now been delayed to some time hopefully soon. SGI is again worth considering, but DYOR - especially look at the RNSs from 2017 and 2018 where the financial wizardry took place.
The financial team of Clive Whiley and Andrew Cook were in at SGI masterminding that company's financial turnaround and now they are at MTC doing a similar but larger deal. Again I can see it is transformational, especially given the changed focus of MTC going forward. Without the encumbrance of the UK store base, as an internet only operation plus the Boots JV this has got to come good very fast, and when I looked at the Boots website earlier I discovered many MTC items were sold out which suggests a good update coming next month.
As I say, DYOR but this does look an excellent company and I am increasing my position materially in it.