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DISL Discover Les.

0.25
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Discover Les. LSE:DISL London Ordinary Share GB00B19GK384 ORD 0.70P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.25 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Discover Leisure Share Discussion Threads

Showing 901 to 925 of 950 messages
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older
DateSubjectAuthorDiscuss
08/7/2011
10:28
£7 million? . . . not on a net asset basis with all those intangibles IMHO . . . strip them out and what do you get . . .

95% . . . any evidence for that . . . back to DISL, by their own admission the Directors think there is a potential to go bust . . . and the lenders are effectively in control of the business . . .

-- The Group and Company are dependent on continuing support from their bankers in the form of term financing, overdrafts and various "inventory facilities". Although the directors believe that the banks will continue to support the Group and the Company, the overdrafts and "inventory facilities" are technically repayable on demand and as such this cannot be guaranteed.

But good luck with it . . .

cufes2
08/7/2011
10:20
The company is still worth around 7 million even with the intangibles.

And that statement could apply to around 95% of retail businesses in the current climate. Does that mean that they are all going bust?

robandkerry
08/7/2011
10:16
Cufluff about!!
topinfo
08/7/2011
10:10
Looks like people are ignoring the intangible assets of £10m in the balance sheet . . .

People should also be aware of the following from the recent results . . .

-- Although the Directors are satisfied that the Group and Company has the ability to continue to trade within its current financing arrangements, they recognise that the current economic environment presents significant challenges. As explained in Note 1, the Directors recognise that future trading performance in the current economic environment is difficult to forecast with certainty and a period of underperformance against forecast would have a significant effect on cash flows and would adversely impact on the Group's ability to operate within existing facilities and the terms of the CVA.

cufes2
08/7/2011
10:05
This could spike to 4 or 5p easily imo. Very little buying and the price is up 10%.
robandkerry
08/7/2011
09:43
500k buy I think there is a takeover coming!!
topinfo
08/7/2011
09:31
Bought back in today, this looks seriously undervalued now and at this level very vulnerable to a bid too. Chart says bounce too.
topinfo
07/7/2011
13:11
Looks like a bargain at this price. Mkt cap is silly imo.

20 million worth of sales last year and the loss after tax fell by 37% to GBP1.08 million.

Banks are supportive and we could see a small profit in 2011. Net assets are currently around 7 million, or 4.5p per share.

This company was turning over almost 200 million in 2007. One to tuck away at this price. This could easily be 10p plus in a couple of years.

robandkerry
13/6/2011
16:24
I suspect they are having difficulty keeping staff. I was told by someone at a large competitor in the N West that most of staff income is commission and as trade is slow they are not making enough money. Could of course be someone with an axe to grind.
Still wouldn`t touch them.

Must be hard selling motor homes with current fuel prices. Statics so competitive on price.
IMHO they could easily run out of liquidity and will be sold for a song.

knitcraft
13/6/2011
16:19
I think there is a consistent seller off-loading a major holding. I would expect an RNS in due course.
naiad
13/6/2011
10:12
The site near York on the Scarborough road had a big advert wanting sales assistants when i drove past last week.
baltic
10/6/2011
13:07
Careful here IMHO, site near Chester looks ready to close any day. It was one of their best sites.
knitcraft
10/6/2011
13:04
bought a few today at 0.86p. This is peak time and other companies in this sector are doing well. A lot of revenue, festivals starting, lots of deals on website,good uk weather.
barnetpeter
24/5/2011
09:35
Down again
jathomas
19/5/2011
12:26
Probably a persistent seller holding a sizeable stake
naiad
17/5/2011
15:21
1p to sell now. Does anyone know why the share price has fallen 40% in the last few months? Maybe if they had poor results then the share price might be going up? That's how the AIM market works isn't it or is the world about to end or something?
jathomas
12/5/2011
11:59
Is that a 50,000 buy I see. Perhaps we may get a move on now.
twiggy2
12/5/2011
11:58
Is that a 50,000 buy I see. Perhaps we may get a move on now.
twiggy2
06/5/2011
09:53
Weather excuses? I DISLike them ;)
nicedude1976
28/4/2011
13:25
This great Easter weather is bound to increase sales and margins.
this_is_me
26/4/2011
09:21
buyers off the starboard bow
moreforus
23/4/2011
08:56
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
moreforus
23/4/2011
08:55
I have never made a single post re SAR or SOLO . . . moreforuseless is posting lies and is part of a pump and dump ring on the CR thread who have helped create the spikes on the DISL chart . . .

Back to the matter in hand . . . DISL looks like a bit of a basket case ATM and quite possibly won't be around to benefit from any upturn in the market despite what Halfords and the Caravanning Club say IMHO . . . the balance sheet is weak with £10m of intangibles included in the net asset figure of £7m . . . potential further impairments make the balance sheet look weaker still . . . they are running out of assets to sell to reduce debt . . . margins have been "compressed" . . . the outlook statement says it all IMHO . . . obviously I would be interested to listen if anyone can put forward a cogent investment case . . .


Outlook

The predictions for only a modest growth in the UK economy in 2011 are proving to be accurate. Consumer confidence remains fragile and may well weaken again as the deficit cuts and the tax increases begin to bite from April.

The trend in the UK leisure market has shown some improvements relative to last year's low point but the recovery is patchy and the 2011 high season could be threatened by a further fall in confidence. For these reasons, it is difficult to predict the market's path in the six months to August 2011.

The Group is expecting the seasonal uplift in trade in the second half year. It is also possible that the Group's trading environment will benefit from the weakening of competitive dealers after three years of reduced demand. Nevertheless, it is still assumed that it will be another tough period for margins and cash. Steps have already been taken to improve both of these and this work will continue in order to be prepared for the next low season.

In parallel, we continue to assess our strategic options. Whilst there are obstacles still to overcome, opportunities to extend the product range and to add a new distribution channel are emerging and it is hoped that progress will be made in both of these areas during 2011.

The Group's results in the first half were better than last year, but were impacted nonetheless by continued recessionary conditions and pressure on margins. Whilst the stock pressure may be lessening, the second half year is expected to be equally challenging.

cufes2
23/4/2011
07:51
lol..he's a well known troll who uses multiple handles to de-ramp any and i mean any share

he was telling people to sell SAR at 0.30p now 2p..and reached 4p

he was telling people to sell SOLO at 0.45p...now 1.5p

it actually doesnt matter how good or bad DISL is he will bash it until he's blue in the face..unfortunately for him the news story above is from Halfords and the Camping and Caravanning Club and not my imagination...

moreforus
23/4/2011
07:47
And from CuFeS2 - handbags at dawn?
david77
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older

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