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LAN Land OF Leather

2.95
0.00 (0.00%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Land OF Leather LSE:LAN London Ordinary Share GB00B39TSN74 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.95 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Land Of Leather Share Discussion Threads

Showing 1326 to 1348 of 1500 messages
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older
DateSubjectAuthorDiscuss
01/12/2008
12:43
SW.. Agreed.

Sales will be far lower than last year, the only thing that may change that is a 1% drop in BOE rate and banks being forced to start passing this on to mortgage customers and to start lending to each other. Not sure that it could even happen in time for the Jan peak sales period, but nothing else will make it change in time now!!

Where's my scooby snack! ;)

trojan
01/12/2008
12:18
the sales will be no better than last year for furniture retailers.

more job losses around, more smaller bust companies around, if you need a sofa simply ring your nearest insolvency practioner. they'll point you to a bust sofa retailer that needs to sell off stock quick and cheap.

still waiting
01/12/2008
12:06
The problem is that this is the worst trading month of the year for these types of retailers and the only real revenue comes from Boxing day onwards which is their peak period up to middles of Jan!!
trojan
01/12/2008
12:04
Sales OK for getting the cash in quick but what about profit?
lord gallivant
01/12/2008
12:04
still waiting - in fairness, i suspect the boxing day and new years sales are quite important for these guys though.. it looks quite like a binary outcome here!!
alanrex
01/12/2008
11:49
no one wants to pay the xmas holiday pay, businesses are falling faster than a house of cards at the moment.
still waiting
01/12/2008
11:45
The issue is more one of foreseeable insolvency - directors have a duty to anticipate insolvency a few months out and are not allowed to continue trading if insolvency looks unavoidable.

Look at Woolies - the directors jumped before they were pushed because they did not want to end up committing fraud.

lord gallivant
01/12/2008
11:38
boffster, effectively they ahve enough cash on your figures to pay for one more loss making month assuming things dont get worse/better. Thats pretty much all or nothing on Dec/Jans sales figures then??? Unless they can get hold of more equity or debt?

have i got that wrong??

alanrex
01/12/2008
11:26
SW...

Yes indeed and if it is the lot that bought SCS, then you will know exactly what is going to happen!!!

I think the crate of Stella is pushing it a bit too far though and think a scooby snack may just clinch it instead!! ;)

trojan
01/12/2008
10:57
£1 and a crate of stella.
scoby doo
01/12/2008
10:11
no value here for shareholders, management will be securing future jobs for themselves and staff.
still waiting
01/12/2008
09:46
Alanrex - yes according to that statement £4.5m. 53tom, I believe most if not all are leased
boffster
01/12/2008
09:44
Do they own or lease their stores?
53tom
01/12/2008
09:30
bOffster, of that £6.9mn, is some of tthat ringfenced too??
alanrex
01/12/2008
09:27
Cash at 3rd August £15.1m, cash 2nd November £6.9m. So seems they're losing over £2.5m a month.
boffster
01/12/2008
09:21
Beware, how much did SCS shareholders get? Nowt.
boffster
01/12/2008
08:45
"For the 3 months ended 2nd November 2008, total sales orders declined by 47%"

Wow.

alanrex
01/12/2008
06:59
Hilco have a habit of paying £1 for the whole business and shafting shareholders
moob
30/11/2008
23:25
moob - why do youthink £1?? wouldnt the management would rather pursue until at least jan sales???
alanrex
30/11/2008
16:02
sun times says hilco have approached LAN. presumably they only want to pay £1 for the whole company as is the norm.


Looks like the shares may be suspended this week if you loik at Hilcos record. Thats all folks!

moob
25/11/2008
21:44
43 FIRMS COLLAPSING EVERY DAY.THE FIGURE COULD SOON BE 140 PER DAY.

EXTRACTS

"Stephen Alambritis of the Federation of Small Businesses said: 'The huge institutions put two fingers up to the rest of us. There are a number of things the Government could easily legislate for.'

He called on the Treasury to consider the recommendations of the 2002 Cruickshank Report on bank lending to set up a 'bank enforcer' to monitor lending.

Another option would be a requirement that interest charged on lending be capped at eight or ten points above base rate.

'It would be a big intervention in the market but it would be bold,' he said.
Yesterday a Forum of Private Business petition was placed on the Downing Street website urging ministers to monitor the banks' lending to small firms.

Nearly half of the members on the FPB's economic downturn panel reported an increase in banking fees.

Companies are paying the price for what the Bank of England warned this week is the worst economic crisis 'for almost a century'.

At present around 43 firms, from one-man bands to giants employing thousands of workers, are collapsing every day.

Business lobby groups warned yesterday they fear the number could rocket to 140 a day if the Government and the banks do not send a lifeboat. "

westcoastrich
18/11/2008
14:45
SW - That's what I did. A few years ago I bought a £2,500 dining room table for only £400 from a liquidation sale.
loganair
18/11/2008
13:49
yep, far better to save your money for all the liquidation sales come the new year.
still waiting
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older

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