Member Info for Jimbo1122

I'm literally scratching my head wondering why the share price has dropped so much. I understand the drop in sales of 9% (overseas) would have an effect on the SP but the UK market is doing well, Internet sales are increasing and most importantly, annual profit forecast is still on target. I think that with the recent demise of BHS and Austen Reed there is a lot of concern about holding retail stocks but Mothercare still has a great name and a good CEO will be able to shed the loss making parts of the business and concentrate on the profitable side. I can see Mothercare being a takeover target now as it would be a great add on for many companies and is practically loose change now for a conglomerate. Good that the share price has recovered significantly this morning and i hope it continues. Incidentally, i bought three tranches (1.32 still hold), (1.25 sold at £1.31) and (1.23 still hold).

For every share currently being bought approx eighteen are being sold. I simply can't understand the logic as absolutely no-one is selling at a profit. Didn't Mr Buffet say his best strategy was to buy when everyone else was selling. I think people are panicking needlessly as the damage has already been done. The share price will recover some of it's recent losses, that is definite. What is not so certain is the time scale--it could be a matter of days, weeks, months or even a year or more.

They are almost certainly attracting attention at the current price. Can you imagine what Amazon or Alibaba could do with this company for what amounts to loose change for them.

I certainly wouldn't sell at this current price. The City are notorious for over reacting to bad news. Your losses are only paper losses until you sell up. If it's any consultation within 6 months Barclays went from £3.00 to £1.46 and are currently around £1.72. Morrisons were £2.10 and went down to £1.35 and are now trading at £1.92

Just bought another £5000 worth at £1.27 These will recover not to previous levels but probably around £1.70 May take a little while but fortunately i can wait--better than the pathetic interest rates currently available on high Street savings accounts.

Couldn't resist what is now a bargain. Sold my Barclay shares for a small profit and put some of the proceeds towards Mothercare (bought 5000 at £1.32) There was a takeover bid for Mothercare last year when the SP was around £2.25 but it fell through because the board felt that the company was worth £3.00. Mothercare has a great name and they will now attract new suitors at this low price or will recover by streamlining the business and finding new products and avenues. I'm very confident that the shares will recover even it's a gradual process.

Well I got that prediction wrong --oops. It does seem a bit strange that the City didn't think that the consortium would turn their attention to another food retailer (MRW). I guess they are more informed than myself.

Watch the shares rocket on Monday. There is a strong possibility that a Quatari consortium will now bid for MRW after pulling out of a takeover bid for Sainsbury.

Hi Bertram, Opium could buy a penny caramel with his tesco dividend but only if the shop reduced the price by a penny. Lol

This is deal is perfect for both companies. I did actually say a few weeks ago that it would make more sense for Amazon to takeover MRW instead of Ocado and that may still happen if things go well. Ocado down 5.5% on the news, tesco down 4p and Sainsbury down slightly 1.5p I'm surprised that Ocado didn't appear to have a clause in the contract with MRW to prevent them from allowing another company to join forces in order to benefit from the same deal that was struck.

Two weeks ago Exane BNP Paribas came out with a new target of £1.30 for MRW. I hope no one sold their shares based on this brilliant bit of Stock analysis. Nomura have a target of £2.60 which is only possible in the short term if a full blown takeover of MRW is launched. Personnally, i'm a bit annoyed at myself because i sold 18,200 shares at £1.73 thinking that they would fall back after five consecutive days of rises. I still have around 4,000 shares but that is hardly making up for the profit I've lost out on. I sometimes think that a top investment company should employ me to predict share movements and then watch the opposite happen--they would make an absolute fortune.

In the MRW store my wife works in all eighteen checkouts were open. This normally only happens the few days leading up the Xmas. They had to pull staff out of the deli and cafe to operate the tills. Annoyingly i sold my shares again when they went up by 4p this morning (now 6p up) and before my wife told me how busy they were today. I will get back in again if profit taking takes the Sp down again. I think the supermarket sector is back in favour again and will probably out perform the all other sectors for the foreseeable future.

The Convenience stores that MRW sold off are currently running with sales £25 Million less than they were when MRW were running them. So much for the boasts made that they would make a profit from day one and that MRW couldn't make a go of them due to fundamental errors.

Well it didn't take long for the puns to start coming through--nice one RSID. My money was on some smart Arsenal coming up with Ratatouille--the night is still young (lol)

I don't understand why Tesco would send a Rat with an online food order. I think they will need to come up with a new strategy if they wish to compete with MRW on Home deliveries.

Just bought back into MRW after a few days out. Effectively gained 450 shares for free. I hope the new price cut strategy pays off. Very impressed with how they have got the message across in the TV ads.

Sainsbury have now bought Argos for £1.3 Billion. I think it's a good move for them but their eye is now going to be off the ball for quite some time until the integration is complete. Tesco shares have fallen a bit on the news and i think they will continue to fall as the sainsbury move will affect them far more than it will affect MRW as they carry more non food products. MRW are now well placed to concentrate 100% on getting shoppers in who are simply looking to restock their larders and at a price that effectively takes out the discounters. Also a very shrewd move because the discounters will think twice about opening new outlets close to an existing Morrisons. Sold most of my MRW shares last week but looking at getting back in again.

All across the UK MRW staff have been busy Replacing existing price labels with yellow price labels. All shoppers visiting the stores from tomorrow morning will also become immediately aware of the changes. Many of the aisles will have very bold (Yellow background / Black text) £1.00 placards in place. More physiological than anything else but if that what it takes to get sales up then so be it.

Blinked today and sold 18,200 shares at £1.7430 I do think that there will be a bit of profit taking next week and i will be watching with interest with a view to getting back in again asap. No matter what happens I'm just relieved that the shares have recovered from the £1.39 they were last month.

Won't be much of a "Golden handcuffs deal" if Amazon do buy out Ocado and start messing about with the terms and conditions already in place with MRW and Waitrose. Do you honestly think that Amazon would be content to service MRW and Waitrose the way Ocado did--i think not because Amazon are much more reactive and aggressive and they will become more of a competitor than a service provider. This would give MRW in particular a "Golden get out opportunity" along with a very sizable compensation package to smooth the way out. Anyway, lets see what transpires.