Firering Strategic Minerals: From explorer to producer. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Started: Ilovesushi, 17 May 2024 08:23
Last post: Ilovesushi, 17 May 2024 08:23
2 - 2.5p
Either that or administration.
Started: Ilovesushi, 10 May 2024 09:32
Last post: Ilovesushi, 10 May 2024 09:32
With a market cap of £26 million and a Pension scheme deficit remaining at £35 million, there is not business here. It seems to have burn through any cash pile it has and now needs funding. With interest payments of 19% on its loan facilities and 14.7 million debt with declining sales this is now close to the end for Mothercare. Looks like £14 million of cash held has vanished into thin air over the year. Who will lend to this? Share issue at 2.0 pence and or below. But how long will that cash last if it could fundraise. Its going under an surely administrators could be called in?
It cannot survive and surely there is little value left for the shareholder as it faces Wipeout. Heavily discounted fundraise is surely on its way, that is if it can find a funder at all.
Started: EOTB1958, 29 Mar 2023 13:58
Last post: steven49, 24 Nov 2023 07:23
Lazy overpaid directors, not move with times,
Got complacent, not adapt too changing times, saying that last results interims looked promising, director buying, trading update April,
Sadly this company has been run by poor management for many years. Ignoring suppliers advise, not accepting that they aren't the company they thought they were. Their influence on suppliers these days is almost no existent, these suppliers bring innovation; sadly by the time the buying department make decisions they are well behind their competitors.
They seem clueless and rudderless, as they have been for at least 10 years.
Last post: steven49, 24 Nov 2023 07:22
Should say middle east, debt increasing too
Asian markets struggling, pension still an issue
Started: mannnan, 22 Sep 2023 08:15
Last post: mannnan, 22 Sep 2023 08:15
Not looking good
Started: jonlg_uk, 18 Sep 2023 22:17
Last post: jonlg_uk, 18 Sep 2023 22:17
It's a shame the management couldn't foresee the threat from amazon. Towards the end they were selling stuff at rock bottom prices in the mothercare.sale but it was too little too late. At least Boots chucked them some sort of lifeline
More board members than trades today.
Started: Pearls, 13 Sep 2022 17:51
Last post: Pearls, 25 Nov 2022 10:48
This is certainly bombed out now and those looked like decent results.
They will definitely run out of cash, no new markets, no new sales initiatives, weak leadership that have been there far to long. Compare with say Mamas and Papas who have announced a new M&S partnership.
The bulk of the post was copied directly from the results.
I'm just showing what was reported in the press. e.g.
https://www.thisismoney.co.uk/money/markets/article-11222055/Mothercare-warns-run-cash-customers-tighten-purse-strings.html
jlovie, are you having a laugh?
The latest results were well above the market's expectations! The current share price is so bombed out that it is a bargain at these prices based upon its expected profits and changing profile.
Am expecting the price to firm much further over the next few weeks. Plus, they might announce some further tie-ups...
Definitely on the buy list.
Started: Tktowers, 17 Jun 2022 12:21
Last post: Alwaysone, 13 Sep 2022 17:14
Good set of results today....
With covid and Russia I can see the company using the opportunity or being forced into another restructure/redundancies unfortunately. How many more times can this be done before it’s just the board left. Maybe Alshaya will buy the brand if it’s cheap enough or maybe not. It’s sad that such a big brand has ended up where it is today. Only a few years ago this was 120 now 6 and will probably go lower. Last one out…………….
Started: Pearls, 16 Jun 2022 13:39
Last post: uNkwnTrader, 15 Jul 2022 17:32
With the one week of train strikes next week, presumably in nine months time if everyone is back "working" from home next week, there will be a strangely increased birth boom in approximately nine months time....
Last post: Alwaysone, 16 Jun 2022 12:36
Glad I didn't dabble here, looks like it could drop to 3p in the next few months in these markets
Looks sensible, it’s a stock with no sales growth, no real U.K. presence, exposed to the Russian market, no new international partners and high debt, could disappear entirely this year?
I do agree that it looks overdone here now. I'd be tempted to dabble but the spread is very wide most of the time due to such low volume.
Looks to me like the share fall here is heavily overdone. The shares have not been this low for years, in fact at the time when they were going through major restructuring to avoid going bust.
Yet here we are again despite the company now being in much better shape?
How is this possible?
Started: Oldpunterkline, 13 May 2022 17:00
Last post: Oldpunterkline, 13 May 2022 17:00
Bump looks better value than MTC.gl.
Last post: Pikachu2020, 3 Dec 2021 20:01
Boots owners selling up, what would this mean for mothercare deal ?
http://news.sky.com/story/boots-owner-to-explore-sale-of-uk8217s-biggest-high-street-chemist-chain-12485675
Results look decent, turning a profit now.
Keeping an eye on this. Unusual large buys this week and the AGM today. Does 2+2= 4, not normally with aim. Another £5k buy just gone through. Is there more news coming?
... very, any views on what is driving this as not aware of any of the fundamentals changing?...
24 million bought at 15p -- interesting
Started: manu17, 9 Sep 2021 13:34
Last post: manu17, 9 Sep 2021 13:34
Well that’s some trading update they must of run out of Ink.
Nothing like an in-depth update and this is nothing like one.
AGM / EGM 09/09/2021 Mothercare PLC (MTC)
Started: greenspot, 1 Jul 2021 11:10
Last post: Mackenzie2576, 9 Aug 2021 12:09
Time for a huge change at the top. The business will not go anywhere under the current leadership, that is clear and certain.
Time for a change at the top?…
whats up with the recent activity in the last hour? Are these actual BUYS or SELLS ??
RE: Last day over 13p
I agree it was obvious, but it wasn’t obvious to Pearls. Their exit strategy was laughable built upon completely unrealistic expectations. I recall him/her even debating the likelihood of the shares hitting 25p in the next few months. Completely delusional.
I can’t understand why Pearls still thinks the shares will rally to 20p next month. Do they invest in other shares in a similar manner? It’s just alarming that they even have a bank account never mind anything else. You think they would learn after their disaster that was Debenhams but then they compounded it with this dog, Hbr and SGI an absolute masterclass in cluelessness in the stock market.
RNS to me more like moving deck chairs. Until there is firm news on improved sales and margins, with a reduction in debt, and a clear plan to grow the business this will continue to stagnate or drift lower.. 13p then 12. Current leadership may have “saved” the business to fight another day, but not sure they have either experience or a track record in growth. Fewer international markets than 3 years ago! In the meantime Babyshop growing v fast in Middle East and beyond.
Started: Ironman, 30 Apr 2021 16:25
Last post: BillCn, 18 Jun 2021 10:18
Looks like your prediction is unfolding ??
Wow the short sellers on MTC!!!
Unless something materially positive eg new CEO or new franchise partners I guess we have to wait till next trading update which will still have CoVid impact so my guess is a gradual downward drift to around 13p until new news. Had hoped to be mid 20’s by now. If Middle East and Boots kick in we will be ok..
Big buy this morning...
27-May-21 11:52:24 16.03 1,350,000 Buy* 216.41k
Wonder if we’ll see any change in SP until end of July now
Hi All, If I wanted to find out the number of MTC outstanding for available purchase, where can I find this information? Thanks
Started: Mackenzie2576, 21 May 2021 16:52
Last post: greenspot, 24 May 2021 23:33
Agree would be nice to know, maybe current team doing ok without a CEO, big call to get right person and still a potential takeover target in my view so who would want it?.. sales update will be interesting
Any news on the new CEO, they'v been waiting on this a while. I wouldn't be surprised if they bring back MNJ again!
Just a great recovery coming through on this stock, let's hope it goes on for some time.
Started: greenspot, 8 Apr 2021 09:56
Last post: greenspot, 8 Apr 2021 09:56
How likely is it that MTC get taken over in the next few months? Rumours aside, this brand surely has some international potential, no presence in South America, Africa, not sure what is the potential in China?.. Needs to offload pension and get some cash injection?.. a bid of what could secure a deal?.. 30p??
Last post: Pikachu2020, 29 Mar 2021 01:36
previous rns was saying there was a baby boom in overseas markets however this article says otherwise.
https://apple.news/AK2Dbbn8dR_m_t6oxZ5-eLQ
Who knows, could see a boom when the pandemic is all over done with
Would be interesting to know if they moved the staff into the new head office or if everyone is working remotely. My guess is that the 100+ staff have never worked from the new head office which would prove the business is easily transferable. You would have to think that mtc is a target to be bought out, look at the mcap. Ask yourself why there hasn’t been a ceo appointed.
Tktowers Hi,
Agree with your comments, not concerned reference Baby boom comment from Pikachu2020 as Mothercare are worldwide not just UK. More interested in Mothercare baby market share V.S competitors "market positioning" and product sales on-line and in stores - product sales turnover around the world. As I write, noted Boots are doing half price on selected Mothercare clothing. As you state an update on delist from market Q1 and how this is progressing with junior aim market and New CEO that was mentioned last year would be welcome news for all us shareholders. Even though Covid-19 has seriously impacted retailers, I do believe Mothercare has great upside potential - lighter ship, debt reduced, national franchises, funding agreement and transformation plan in place. More frequent news would be beneficial to all concerned for this hopefully positive cash-generative franchise business in 2021 and onwards.
ATB,
Ironman
Baby Boom is sound like a Baby Bust!
https://www.msn.com/en-gb/money/other/lowest-number-of-births-in-the-uk-since-records-began-predicted/ar-BB1cx6LD
Or lack of. When or are we going over to the AIM market, are we getting a new CEO and are we getting the share dilution on 31/1. How is the Boots deal going ? This share has gone stale and I believe the BoD need to keep us shareholders informed better. Hopefully a rns soon.
Started: manu17, 28 Mar 2021 13:23
Last post: manu17, 28 Mar 2021 13:23
Started: Kilminster, 21 Mar 2021 15:08
Last post: Pikachu2020, 24 Mar 2021 15:10
I think people just dont realize the international operation is where the money is. Probably not the sexyess stock to get excited about but once they become profitable shud start rollin in
Admittedly I’ve not been too impressed with the range thats been available at the boots stores, doesnt seem to be upto the same quality they use to have at ther own mothercare stores, i find it more comparable to supermarket clothing. The design team need to up their game.
Zara clothing have some nice stuff in their kids range and was goin for dirt cheap post xmas sales
Herdie best you stick to bitcoin.
Mothercare is last century - Was killed by the the age of the internet and Superstores, has no hope of ever rekindling Market share in any big way.
Agree it should be a great opportunity but not sure it will be.. George at Asda is on the up, and Babyshop expanding globally...
Kilminster Hi,
Agree, ticks all the boxes going forward... it's a tremendous opportunity for Mothercare.
Brand is so important and Mothercare gives such strength to this market place.
GLA
Last post: manu17, 19 Mar 2021 14:37
Very quite on here have you all sold out ? well their not having my shares its a screaming buy.