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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 1451 to 1472 of 1500 messages
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older
DateSubjectAuthorDiscuss
13/1/2009
00:14
This will be back in another guise with the same directors in a few years.

World of Leather

Wonderful Leather

Lovely Leather

Leather Furniture

Leather, Leather, Leather

Just Leather

Leatherz2Go

Leather heads

notanewmember2
12/1/2009
23:44
apart from a cushion from old stock possibly!!!
still waiting
12/1/2009
18:20
i called head office but they reclined to comment, apparently staff have been lazy boys so are being offered nothing to cushion the blow.
oil be back
12/1/2009
17:41
According to the Blagger comments (see link above) you'd be ulkcy if it arrived and even more luck if it wasn't damaged! furniture companies seem to be notoriously bad at delivering furniture in A1 condition-is it really that hard to prevent damage in transit or do they just have poor quality control which results in faulty items being sent from the factory? We could do with a new suite at home because ours is looking a bit tired after 5 years use, but the thought of non-delivery and damaged goods puts me off buying. Retailers - and their suppliers - need to up their game if they expect hard pressed consumers to part with their very hard-earned cash.
wooly62
12/1/2009
17:06
free leather suite for all shareholders..at least
zztop
12/1/2009
15:53
This reminds me of Torex where I got stuffed by RNS's saying how good everything was (after a full and detailed review by a new and apaprently top FD). It subsequently eemed clear to everyone that the directors acted in their own interests and did extremely nicely out of the company, but were they prosecuted? Of course they weren't, because it would have been too expensive to find out whether or not it was appropriate to bring an action against them and nobody was going to fund it. How did the new guy give such glowing statements in his RNS's? I'll never know.
Vanco's another good example. PI's cannot rely on the integrity of directors or the accuracy of audits. It's a lottery. Back only management you have complete trust in i.e. those who've earned it over a very long time and aren't funding personal hobbies through the company or paying directors ridiculous bonuses.
I can only summise that the offers were declined because management have another agenada. Perhaps we'll see an MBO for a limited number of stores soon (obviously dumping less profitable units at the same time).
Something really needs to be done if that's the case. I don't mean about LOL management, I mean the fact that this seems to be recurring practice.

wooly62
12/1/2009
15:42
well lasted longer than i thought but this is gone for good.
csmwssk1
12/1/2009
15:39
Agreed, but if directors are allowed to buy bits and start again, you'll know why!!!
trojan
12/1/2009
15:23
I'm not in here, bt I think this is scandallous. How can any offer have undervalued a business which one omnth later is worth a big fat zero to its' shareholders??
wooly62
12/1/2009
15:11
It will be for Sylvian2!!! LOL;)
trojan
12/1/2009
15:07
What a shock!
25cent
12/1/2009
13:38
It might just get taken out by a competitor, so they will try that avenue first as I guess that there would be two interested parties!

Failing that a woolworths type sale might happen but not good for the other sofa retailers in the short term!!!

trojan
12/1/2009
13:31
Web site not available. No bargains to be had then....

Mind you if these are true would not really be a bargain

fludde
12/1/2009
13:25
They could have sold the business ages ago, so how can they say they tried everything!!!

Nevermind they "would like to thank shareholders"!!! LOL

I bet all you shareholders feel a lot better now eh???

trojan
12/1/2009
13:13
Furniture retailer Land of Leather has appointed Deloitte as administrators,
the company said today.
end

psolomons
12/1/2009
13:11
Administration Appointment (Land OF Leather Hdgs)

RNS Number : 4794L
Land of Leather Holdings plc
12 January 2009


FOR IMMEDIATE RELEASE


Land of Leather Holdings plc

Administration Appointment

12 January, 2009


The Board of Land of leather Holdings plc announces that it has appointed administrators to the Company with immediate effect.

The Company has been operating in challenging market conditions for some time as a result of the credit crunch and lack of consumer spending on bigger ticket retail purchases. The Company has made every effort to reduce costs and conserve cash, but market conditions have continued to be difficult and the results from the January sale have been very disappointing.

The Company is debt free, and during the last year the Directors have vigorously explored every available option to obtain working capital facilities for the business. However, the Company has been unable to secure additional funds due the exceptionally difficult trading conditions and the lack of liquidity in the banking system. In addition, the Board has pursued other strategic options including the sale of the Company as a going concern.

As a result of the above, the Board has today appointed Lee Manning and Nick Edwards of Deloitte LLP as Joint Administrators of the Company. The Board has taken all the necessary steps to ensure customers who have paid deposits for furniture are protected and would like to thank shareholders, employees, suppliers and landlords who have been extremely supportive of the business.

cyberpost
12/1/2009
12:11
Land of Leather suspends shares
pillion
12/1/2009
11:58
another one bites the dust............
vod999
12/1/2009
11:45
They should never be allowed to be directors ever again, but we all know that there is no back bone in this once great nation of ours and they will probably be allowed to buy back the profitable stores and leave the others to rot away!!

This pathetic government will be too worried about job losses in general and will not put a stop to this practise any time soon, so expect many more to do the "Tom Hunter" shuffle whilst they can!!!!

I don't hold, but to be honest boy's and girls if you do hold this share then it was always going to be 99.9% high risk given the last 6/8 months or so of news etc!!

Let's see what happens next, perhaps yet another new name for this company with a much smaller amount of stores OR watch this space for a competitor to take it, or some of it on!!!!!!!!!;)

trojan
12/1/2009
11:36
It makes you wonder why they rejected ANY offers last time...... because its the case with 99% of "pending clarification of the company's financial position" RNSs, shareholders get nothing....

The Company announced on 1 December 2008 that it has received a number of unsolicited expressions of interest in the Company. The Company now announces that early stage discussions suggested that there would be insufficient value to shareholders so talks with potential bidders have been terminated


So what "value" will shareholders get now ?

cyberpost
12/1/2009
11:33
Well what a surprise, it will be interesting to see what "Paul Daniels" act they will perform to get out of this one!!!!

No doubt they will do a "Tom Hunter" and it is about time that all credit companies started to pull together to stop this from happening imo as it may well help a few staff in the short term but it is only lining the pockets of directors in the long term at the expense of creditors!!!

Where are you Sylvian!!!!! %^&*()& £%"^*!

trojan
12/1/2009
11:15
It's bust !!

Suspension

RNS Number : 4672L
Official List

12 January 2009

NOTICE OF TEMPORARY SUSPENSION OF LISTING FROM THE OFFICIAL LIST

12/01/2009 11:15am

TEMPORARY SUSPENSION

Land of Leather Holdings Plc

The Financial Services Authority ("the FSA") temporarily suspends the securities set out below from the Official List effective from 12/01/2009 11:15am at the request of the company pending clarification of the company's financial position

cyberpost
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older

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