Member Info for MaverickD

UK retail sales were up 1.4% in July on an annual basis based on stats just released this morning - expect MTC to be up along with its sector peers today - more good news to add to what we received yesterday.

https://www.bbc.co.uk/news/business-53846574

https://www.theretailbulletin.com/general-merchandise/mothercare-gives-update-on-franchise-moves-20-08-2020/

News being picked up by the wider media.......I think based on what we have been updated on we will see this re-rate. Legacy issues with MTC UK being worked through and the online and partnering agreements are the way forward now.

More at these levels......lets see who else has been mopping up

I think MMs could be very low on free float sell price is 6.161 and buy price 6.175.......high finish for the day. MMs want the stock!

May be a little lower, but the MMs are just fishing

Over.....back to 17/18

Lol where you come from were you not on AMGO - yes seen 3 x 300k buys and 3 x 600k buys.......this will go significantly higher.
Waiting for a holdings RNS

I've sliced a bit more and added a further 50K at MTC

Yes they have just filled a 600k buy......looks like some of the bigger funds may well be loading up here

Another 300k buy filled .......mms have been keeping at these levels to fill those large buys. GLA

Volume 1.5m buys 200k sells......feel it will be a good week

Another 100k at 6.16.....going to move up again

Just filling up the buys from 6p, as there were some big trades. Volume is up and I think we are in for a solid rise. Today the wider market is capping any real gains, but very positive with a valuation of £22m I think £50m is cheap!

Volume up *851,565 buys against 164,901 sells

200k, and a couple 100k in at 6p......looks like this is set to take off. Bargain at these levels as we now will move towards 10P+

Watch out for the gap.....12-12.7

Buys will be coming in here bargain at 6p......gap filled and should see a nice steady move. Re-rate upwards with additional deal signed and Boots locked in for 10 years.

On 19 August we completed the detailed contractual arrangements for the appointment of Boots UK Limited ("Boots") as our UK and Republic of Ireland franchise partner. This will be for an initial period of ten years and the terms and royalty rates arrangements are commensurate with those of the Company’s other franchise agreements.

We are also delighted to have entered into a new twenty-year franchise agreement with the Alshaya Group, our most significant franchise partner. We highly value this long-standing and continuing strong commercial relationship, and we look forward to contributing to an extended period of mutually beneficial partnership growth in the future.

Great result back to 10p+

Expect some exiting PMO to be adding here today and people thought we were in a bad way!