Share Name Share Symbol Market Type Share ISIN Share Description
Blacks Leisure Group LSE:BSLA London Ordinary Share GB0001028322 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.375p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 201.9 -5.3 -6.6 - 1.16

Blacks Leisure Share Discussion Threads

Showing 1376 to 1393 of 1400 messages
Chat Pages: 56  55  54  53  52  51  50  49  48  47  46  45  Older
DateSubjectAuthorDiscuss
11/1/2012
16:43
Well I did try and warn you all. Thats the end folks. Wonder how much HYPER AL has lost ?
simonhatter37
09/1/2012
21:35
This recession is far deeper than anything in recent history. Lehmans, Bear Sterns, and numerous prestigious names that have been around for a century are being hit.
notanewmember2
09/1/2012
19:45
Hyper Al - 21 Apr'11 - 12:20 View 'Hyper Al' profile I believe Blacks Leisure Group has a good future, from what is certainly a low point in it's history. I seem to remember it having problems in the early 1980's and it made a strong recovery. BURP
dugganjoe
09/1/2012
19:41
No wonder Banks are not lending...instead hoarding cash from BOE as they know there are more companies that might go belly up & not get their money back....
diku
09/1/2012
19:35
So why did the bank invest if the business model was not working, what about the investors in the last placing. My bank lost £16m of depositers money, so what the heck did they invest for. Share holders have lost and so have bank depositers. If listed businesses can't get money from the market place and/or can't trim the business back then they should go bust! The banks should not even consider helping listed businesses. It those banks had gone bust, Blacks may have still been here.
hyper al
09/1/2012
18:31
no just make sure the business model is working and sell out before any maor trouble.It's not like there weren't any warnings
boonboon
09/1/2012
17:56
So basically never invest in ANY listed company tat has a bank loan, because the bank has fist ption on those assets and call in the loan at any time.
hyper al
09/1/2012
17:42
Because they lend against the company's assets which includes cash, property, tangibles and intangibles. They've taken a hit of £16 million. The hit taken by shareholders was the value of the company at suspension. So all that you suggested would not come about has come about within four days. Suspension, administration and delisting. However my thoughts go out to all ADVFN investors.
pwhite73
09/1/2012
17:19
Bloody banks.
hyper al
09/1/2012
17:15
RIP BSLA Sorry to shareholders, who end up with diddly squat.
jpjp100
09/1/2012
16:54
Checkmate. Or not as they case maybe.
isis
09/1/2012
11:16
I think he'll stick to mining.
notanewmember2
09/1/2012
10:54
Hyper Al, will you ever give this one up?
typo56
09/1/2012
09:51
Just making the point that JD might not be the frontrunner. They prbably would look to take over the renegotiated leases at a few choice locations (nothing much here for Blacks) plus buy brands such as Peter Storm. Typically what JD do is buy mid-market to premium brands then flog them cheap - they already did this with Fenchurch, Canterbury, Peter Werth and through licence Fila etc. Can't see there being enough to pay back the bank let alone something for shareholders.
sir rational
09/1/2012
08:44
and if it gets competitive then £37m would secure it all, only £17m above the suggested £20m already on the table.
hyper al
09/1/2012
08:12
Other party or parties could also be in advanced talks for certain assets...
sir rational
09/1/2012
07:46
JD confirms itself as (a) frontrunner...
jpjp100
07/1/2012
12:45
Who needs a dragon when you have JD? KPMG will put Blacks through a pre-packaged administration on Monday Ben Gurr for The Times Post a comment Recommend (0) Print Email Share Follow stories about Retailing Industries Business Lloyds Banking Group plc What's this KPMG will put Blacks through a pre-packaged administration on Monday Ben Gurr for The Times Helen Power M&A Correspondent January 7 2012 12:01AM Blacks Leisure saved by high street rival JD Sports Fashion is close to rescuing its struggling high street rival Blacks Leisure, in a £20 million deal that will safeguard thousands of retail jobs. Blacks' board approved JD Sports as preferred bidder yesterday afternoon after a protracted meeting with its advisers, KPMG, and lender, Lloyds Banking Group. The deal will see JD Sports, whose shares rose 11.4 per cent to 660p as news of the acquisition leaked out, take on nearly all of Blacks' 300 British stores. The takeover will save most of the company's 3,600 staff, although its head office and distribution centre will almost certainly still be closed. KPMG will put Blacks, which also trades as Millets, through a pre-packaged administration on Monday after hammering out the final details of the deal with JD Sports, which lodged the highest bid and offered to save the most jobs. But Lloyds, which is owed £40 million by Blacks, will get less than half its money back, with nothing left over for other creditors. KPMG told Blacks' shareholders yesterday that they will get nothing. The underbidder, the Dragons' Den star Peter Jones, announced his decision to walk away on Twitter yesterday, saying : "To quell all rumours I'm not buying Blacks Leisure." Fellow Dragon Duncan Bannatyne tweeted back: "What do you mean you are not buying Blacks Leisure? I was going to invest with you so you could show me how to make real money!" Sports Direct, the retail giant founded by the Newcastle United owner Mike Ashley, also lodged an offer, but was well off the pace of the auction. JD Sports was attracted by Blacks' own brands Peter Storm and Eurohike, but was also keen to prevent the chain falling into the hands of Mr Ashley, who tried and failed to buy it in 2010. JD Sports' majority owner, the Pentland Group, also owns Berghaus, a key supplier to Blacks. The sale of Blacks will be formally announced on Monday when another high street name, La Senza, could be put into administration. KPMG, which is expected to be appointed as the administrator, was locked in talks with potential buyers for the underwear chain yesterday. As there are no buyers for the entire 250 store portfolio, bidders have been allowed to cherry-pick the most profitable stores. This will lead to significant redundancies among the chain's 2,500 staff as the worst-performing shops are shut down. Bidders include the German lingerie chain Triumph International and Limited Brands, the company behind Victoria's Secret, which already owns the La Senza brand in North America. HMV will also update the market on its Christmas sales. HMV is expected to say like-for-like sales are down on last year when the snow kept shoppers off the high street before Christmas. However, it is believed that sales were good enough to persuade its lenders, led by state-backed Royal Bank of Scotland, to continue to support the business. It is believed that lenders will allow HMV up to three months to sell its music division HMV Live in order to pay down its debt.
isis
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