Updates

Mothercare

July 2004

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.

Mothercare's recovery program has yielded dramatic improvements in its latest full year results and three directors, including chief executive, Ben Gordon, have felt confident enough to buy a total of nearly 62,000 shares at prices of between 332p and 339p soon after those results were announced.For the financial year ended 27 March pretax profit soared to Â£16.5m, excluding a Â£0.8m VAT credit, compared to a loss of Â£22.4m last time, while underlying earnings were 24.5p. Net cash jumped from Â£7.8m to Â£40m. Like-for-like sales rose 5.9% thanks to betterproduct availability (up from 65% to 80%) as well as improvements toproduct design, quality and fashionability. Gross margin soaredby 6% thanks to a Â£5m ...

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Speedy Hire - Now over 280 tool hire depots

Carphone Warehouse - 385,000 TalkTalk customers

Mothercare - Warns on profits (February 2014)

Mothercare - Posts move into profit (January 2014)

Mothercare - UK market stabilises (September 2013)

Mothercare -International profits up 20% (July 2013)

Mothercare (May 2013)

Mothercare - Eps forecast sequence; 7.3p, 22.2p, 43.9p (January 2013)

Mothercare (January 2012)

Mothercare (November 2011)

Mothercare (August 2011)

Mothercare - Difficult UK trading (June 2011)

Mothercare (February 2011)

Mothercare (January 2011)

Mothercare - International sales rise 14% (December 2010)

Mothercare - Overseas growth could double eps in next four years (October 2010)

Mothercare - International profits up 42% (July 2010)

Mothercare - Lucrative partnership with Boots (March 2010)

Mothercare - Massive overseas opportunity (November 2009)

Mothercare (December 2004)

Mothercare (May 2004)

Mothercare - Gain to date: 120% (February 2004)

Mothercare - New store format a great success (January 2004)

Mothercare - Green shoots turning into deep roots (November 2003)

Mothercare - First green shoots of recovery (August 2003)

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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