Ashley (laura) Share Discussion Threads

[billy5] 11/12/2012 07:58

Post 2248

I didn't understand one word of that.

Translation anybody?

[jleiton78263] 10/12/2012 14:40

Im no TA expert but the triangle continuation pattern is clear right?

[cockneyrebel] 09/12/2012 11:29

Sorry, quoting from the year end there, since the interims sales have improved even more :-)

CR

[cockneyrebel] 09/12/2012 11:26

Yes, I track John Lewis sales, they put out trading figures each Friday. Up 9.3% this week, think they were up 27% the prior week. Obviously weather and the previous years performance affects like for like but the comparisons for most retailers must be pretty easy this year imo.

J.L is a bit of a retail star but it is also a belwhether for retail.

When you can buy ALY on a yield of 7.1% that looks like investors are sunning retailers as shares imo. Especially when the most recent trading update said this

"In the first 18 weeks of the current financial year ending 26 January 2013, total UK retail sales increased by 4.1%, with like-for-like sales growth of 5.4%.The Company is confident that its well-established brand, high-quality product offering and strong balance sheet will ensure the like-for-like sales growth trend continues across the retail business for the rest of 2012."

At year end they also said:

"Strong Balance Sheet with GBP35.0m cash at the year end (2011: GBP38.5m) and a clean inventory position "

All looks rather cheap imo.

CR

[srpactive] 09/12/2012 09:06

Morning all

This from citywire this morning, bodes very well
for aly especially as our website is winning awards.

I think the ts maybe on the 17th will be very good.

dyor

regards

active

=======================

John Lewis has revealed its online sales will smash all records this month, with "three Mega Mondays in a row", convincing the high street chain to launch foreign language websites next year.

[srpactive] 07/12/2012 14:05

Moving up a closd at 28p would do, ts news leeking I would have thought.

dyor

regards

active

[cockneyrebel] 07/12/2012 12:33

Any dip keeps getting bought up - chart turning up imo.

CR

[srpactive] 06/12/2012 09:33

I think we will see a move upwards towards the 29p
level leading upto the trading statement.

Laura Ashley won retailer internet site of the year 2012.

If we can get close to 29p by the trading statement and
a good statement is released once 30p is broken to the upside,
38p is on the radar.

dyor

regards

active

[cockneyrebel] 05/12/2012 16:23

Looks like a forced seller imo - plenty of buying but it's failing to rise.

Retailters all motoring yet these with their cash and the huge divi sat here.

Gonna be interesting going fwd imo.

CR

[cockneyrebel] 04/12/2012 10:51

Trading update on the 14th last year

CR

[cockneyrebel] 01/12/2012 17:38

Shoppers set to open wallets for the festive season, claims survey

CR

[cockneyrebel] 30/11/2012 14:11

John Lewis sales hit a record yoday.

All the little sells being soaked up and that little pennant on the chart setting up to pop north imo.

All imo/dyor etc.

CR

[cheshire man] 28/11/2012 11:47

Nice move up today,,,,,,,,,looking forward to the trading update ! ALY is just so undervalued IMO

[cockneyrebel] 28/11/2012 11:39

I don't think there will be a takeover imminently srpactive but they will get taken out at some point in the next two years imo. As soon as M&A picks up ALY are a prime target imo. They make the perfect fit for a US retailer with the way AlY trades in the US imo. If something like Abercrombie & Fitch (not saying them but similar) wanted to get into home furnishgings and add to their branding range of clothing they would pay getting on for 70p+ a share for the likes of ALY when you look at the ratings they do take-overs on and you look at the cash here imo.

I think the coming trading update could be a crystalisation point, or the next results, when investors see eps rising, div rising and sales rising. That's when these will re-rate imo - that divi could halve and still be large which would mean a doubling in the shareprice and still give a near 4% yield.


These have embraced the internet too and there's huge scope for click and collect to boost sales imo.

All just my opinion but retail has been shunned of late, HFD, MTC and several others rocketing when punters realies the end of retailing isn't about to happen imo.

All imo/dyor etc.

CR

[srpactive] 28/11/2012 08:20

Cocckney rebel

Perfect summary, you are the second poster in
the last few months that has stated a laura ashley
store was very busy indeed.
I think the december figures will be very good,
with guidance increased to the upside.
And you are correct an increase of the dividend with
all the cash is likely, especially with the talk
of a massive increase in franchised stores in china.

I do not think there will be a takeover, I am looking
and hoping for aly to turn into the next burberry.

dyor

regards

active

[cockneyrebel] 27/11/2012 21:34

I'm holding the shares. A near 8% yield is bonkers in any market for a share that has raised the divi from 1.5p to 2p last year and has £35m of cash.

At the interims they said this:

Summary
-- Total Group sales up 7.5% to GBP145.4m (2011: GBP135.3m)
-- Like-for-like UK sales up 3.9%. Total UK retail sales up 6.1% to GBP127.5m (2011: GBP120.1m)
-- Profit before taxation (excluding exceptional items) up 13.7% to GBP8.3m (2011: GBP7.3m)
-- Non-store revenue growth of 18.7%
-- E-Commerce revenue growth of 21.4%
-- Strong Balance Sheet with GBP27.8m net cash and a clean inventory position.
-- Interim dividend maintained at 1.00 pence per share (2011: 1.00 pence per share)

-----------------------

If profits were up 13.7% in H1, - just a flat H2 would nean 1.92p eps. Meeting the 2p eps looks easily achievable imo. If they say they have beaten and they are paying 2p divi then I think there's a 50% rise in these imo.

What's the risk here? The risk just looks so low compared to the potential reward at this price imo. And it keeps bouncing off the recent support level:



An ISA'able 7.8% just looks way to attractive to ignore imo - I think many will feel the same and want to be in before the Dec IMS statement and that constant bounce at the same support level are the likes of me buying in on it.

All just my opinion/dyor etc.

PS - L.Ashley at Bicester Village last weekend was the busiest I've ever seen it.

CR

[cockneyrebel] 27/11/2012 11:50

Thumping great 7.8% yield hear and oodles of cash yet you want it cheaper Mreasygoing?

I reckon these could one of the most exciting retail performers after the recet trading update.

Trading update mid Dec.

CR

[mreasygoing] 19/11/2012 21:54

I want to buy this share back, but not at this price. There is a possibility that it has put in a higher low on the chart. Results soon, there is a lot in the price already. If they disappoint in any way these will be straight back to 24p and if that doesn't hold 20p.

[cockerhoop] 19/11/2012 21:37

LFL sales were up 5.5% in the last 6 weeks of that period so momentum was improving in the 2nd half

[cockneyrebel] 19/11/2012 20:53

Interim Man Statement Dec 16 last year so not far away.

From the Interims:

"Current Trading and Outlook
As we enter the second half of the year, we have seen the momentum of the first half of the year maintained with UK like-for-like sales growth of 4.2% for the 32 weeks to 8 September 2012. While we remain mindful of the broader consumer environment and its challenges, we are confident that this progress can be maintained."

A 7.4% yield here still.

All imo/dyor etc.

CR

[cockneyrebel] 19/11/2012 15:04

thank goodness I added on the dip today :-)

CR

[cheshire man] 19/11/2012 09:53

This company seems very undervalued to me and as such bought in today,,,,,,,IMO