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Thanks to all here. Some well informed and enlightening comments. The Mothercare (LON:MTC) comparison seems very valid. Overall it seems best to watch and wait.

Do you think this might be a decent entry point? PER = 9, Yield (though cut) = c8%, debt is offset by property holdings, on line sales showing some improvement, and the persistence of a fairly resilient franchise model abroad lessens risk. Unsurprisingly the house broker gives it a 'buy'. The results yesterday effectively gave a 4% drop across the board, and the negative retail…

Flapping about the availability of cheap migrant labour is a bit nonsensical. If there is a need it will be filled. Across the last century we saw (in rough order of arrival) the Irish, East European Jews, West Indians, Indians, Pakistanis, assorted Eastern Europeans. This is one area where supply and demand really works (at least for employers). (Do you really expect the numbers of…

For anyone considering a dabble in Flybe (LON:FLYB) , a colleague's son was formerly a pilot for them. He left recently to work for an air cargo firm. He mentioned rats and sinking ships!

But would you be happy to fund them to do BA Hons Accountancy, or to go to St Numpty's, Oxbridge? Universities in the upper ranks still select rather recruit, and those in the lower ranks are stealing the vocational march on the old Techs and Polys. Check out the rise of courses such as chiropody and optometry. Remember, the cockroaches are the ones that will…

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