Ashley (laura) Share Discussion Threads

[bobby.ifa] 08/9/2011 11:49

True enough phil, just fancy these to get good media & analyst coverage with these recession proof figures. The far Eatern appointments, together with their professional calibre seems to me that the Board are up to something. Do we still have a position in Moss Brothers as I seem to recall ALY bought some stock a while back?

[philmac56] 08/9/2011 11:45

bobby

you like i have had our hands on these for years, we both would like to see 40p+.

but you like i know that it will struggle to get to 30p!!!!!

but here's to hoping you are right & i am wrong!!!!!!!!!!!!!!!

[opener] 08/9/2011 10:36

The future for ALY may well lie further East!The report makes mention of looking at expanding into Far east and Indian markets and this is a theme followed by the luxury end retailers for example Mulberry or Burberry and look what has happened to them.This is long term future of course,but that is where the growth will come (oh and internet of course).I can see this going private at some point,but with potentially a lot of value short term I hope not yet.Great results in this climate.

[bobby.ifa] 08/9/2011 09:17

Sparkling results considering UK Retaillers are on their knees. Well done LA, nice divi,no debt & well managed. These appointments have all the hallmarks of taking this private. Watch this one storm over the next 3 months 40p+ is my target.

[gopher] 08/9/2011 09:12

brillant update - my worries re the divi are unfounded and weve got an increase. A maintained final gives a running yield of almost 10% at 21p, really this is a classic private investor income stock

[miked500] 08/9/2011 08:59

Sets kicking in already, anyone who bought this morning sitting on a nice loss now.

[royaloak] 08/9/2011 08:59

miked

Through cfd's eg IGLevel 2, or a broker who does DMA eg idealing.com

[miked500] 08/9/2011 08:52

what price did you buy at. Wins were quoting 19.5p just before 8 then it goes straight into auction ( how do private investors buy in the auction?) and the next price to buy is 21p. so a small buy of 20000 shares costs an extra £300. How do private investors make a profit with this system?

[cestnous] 08/9/2011 08:29

Brilliant in this climate.

[bigbigdave] 08/9/2011 07:19

Pretty impressive......

Summary

-- Total Group sales up 0.1% to GBP135.3m (2010: GBP135.1m)

-- Like-for-like UK sales up 3.5%. Total UK retail sales down 1.1% to GBP120.1m (2010: GBP121.6m) due to store portfolio rationalisation

-- Profit before taxation (excluding exceptional items) up 28% to GBP7.3m (2010: GBP5.7m)

-- Gross margin improved by 1.0 percentage point

-- Strong Balance Sheet with GBP32.1m cash (2010: GBP31.2m) and a clean inventory position

-- Interim dividend increased by 100% to 1.00 pence per share (2010: 0.50 pence per share)

Commenting on the results, Tan Sri Dr. K P Khoo, Chairman, said:

[call-logger] 08/9/2011 07:18

To save the price of the phone call

Summary

-- Total Group sales up 0.1% to GBP135.3m (2010: GBP135.1m)

-- Like-for-like UK sales up 3.5%. Total UK retail sales down 1.1% to GBP120.1m (2010: GBP121.6m) due to store portfolio rationalisation

-- Profit before taxation (excluding exceptional items) up 28% to GBP7.3m (2010: GBP5.7m)

-- Gross margin improved by 1.0 percentage point

-- Strong Balance Sheet with GBP32.1m cash (2010: GBP31.2m) and a clean inventory position

-- Interim dividend increased by 100% to 1.00 pence per share (2010: 0.50 pence per share)

Commenting on the results, Tan Sri Dr. K P Khoo, Chairman, said:

"These are a set of pleasing results with a 28% increase in profit before tax and exceptional items and a UK like-for-like sales growth of 3.5% over the period in what has been a very unsettled time for the retail sector.

Current Trading and Outlook

For the 31 weeks to 3 September 2011, total UK LFL sales were maintained at the first half level of +3.5%. While the consumer environment continues to be uncertain, we remain confident for the remainder of the year.

[philmac56] 07/9/2011 14:15

Thanks, will try it when i get a chance

[call-logger] 07/9/2011 12:28

No, but it was the 10th last year

The dedicated shareholder telephone number is: 0870 707 1110

[philmac56] 07/9/2011 11:58

ALY must be due to report any day now, anyone know exactly?

[brownie69] 15/8/2011 18:45

I think lots of people have missed the chance of a lifetime to top up.

Too many people running scared of the market shakeout. I did not hit the bottom but increased my position to the extent that my yield will now average 9.5% :-) Plus from a company with lots of cash on the BS and well covered.

I think the greatest excesses of rumours etc are now passed and if number of house sales remain low (which i expect they will for 2 years) then spending on improving homes will increase and LA will be a big beneficiary of that.

[philmac56] 08/8/2011 09:32

Down again.......management must be getting peed off here.

Delist????????????????

Go private?????????

What does the future hold for ALY????????????

[envirovision] 04/8/2011 13:05

ydderf you'll probably find him ramping on the XPS board these days.

[bobby.ifa] 04/8/2011 13:04

Getting hammered again with everyone of my 20 stocks red.

[ydderf] 04/8/2011 13:01

where's crookney when we need guidance? not supposed to tank shawley crookers?

[gopher] 22/7/2011 11:59

Well in at 18.6p lets hope this is not another HMV where I luckily escaped with a 20% haircut.

The shareholder register shows that Far East interests already hold 75% of the shares so perhaps they will buy it out but equally they may prefer to retain the listing. In any event the shareholder list probably explains the lack of ii interest and low rating, although most uk retailers trade on a pe of 10 none have a international luxury brand.

[philmac56] 22/7/2011 08:53

I agree with bobby here.

I had been in for many years, made a modest return when i sold at 19p, which then jumped to 24ishp.

I really think thaey are biding their time, loads of cash in the bank, strong product, etc

[bobby.ifa] 21/7/2011 22:41

Just watch the Malaysian team buy this out. They're buying their time.

[gopher] 21/7/2011 21:28

Yes but UK problems could mean dividend cut, The dividend seems the first thing to go when belt tightening is needed in most companies these days.