Member Info for LukeL

Another recent addition to my portfolio having extensively researched what a great company this is. Anybody else here on this as theres next to nothing in the forums and next to no trades? I think its a bargain at this price, solid year on year financials, family owned and maybe scope/potential to move into the defence and nuclear sectors in the pressings side. The 4b group is the market leader in buckets&belts worldwide. Adjacent engineering college where they can employ talented individuals into the company. Surprised how quiet this stock is. A British engineering company at its finest.

I have bought into mothercare this month. Very much going under the radar in my opinion. And a gap in the market for them to fill in the UK. I would rather them seek the right uk partner moving forward than rush into a subpar choice. Obviously a supermarket would be a preferable business move but we have to be realistic also, morrisons have been mentioned but they have their own brand nutmeg, as do asda tesco etc.

However, I think a mothercare section in a supermarket is a definite tick for client base choosing a certain supermarket over another providing the pricing is correct and variety and quality of goods is good enough. Boots where I live are in dated shopping centres which have already declined due to the online ease of shopping. So they were never going to go anywhere sticking with them exclusively.

They could really do with promoting the online side of things going forward which maybe a morrisons/ocado link might improve. Good signs are whiley & cook own a fair chunk of shares and have recently topped up, along with a 25% stake owned by lombard odier. Good revenue growth overall and debt reduction in the right direction.

I dont think they have to produce sparkling trading updates for the share price to increase. Also good scope to grow revenue overseas in untapped countries.