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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Mothercare - Posts move into profit

January 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MTC
  • Price:
  • 433p
Mothercare's recovery is gaining traction with the seasonally quieter first half results showing a pretax profit of £2m  on sales that fell 2% to £376m. The mother and baby specialist retailer reduced UK losses to £14.9m (2012: £16.9m), on sales 7.5% lower at £239m, helped by the fact that a significant number of less profitable stores have come to the end of their leases and have been closed. All told it has disposed of 74 stores and 176,200 sq. ft. in the past 18 months while a further 18 were disposed of since the period end, leaving it with 237 (191 Mothercare, 46 Early Learning Centres) and 1.8m sq. ft. selling space. The bigger driver of Mothercare's growth is international sales, which improved 13.5% to £3 ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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