Ashley (laura) Share Discussion Threads

[srpactive] 21/11/2014 13:08

The mm's do make me laugh we have a 30000 buy at 27.25p
no move higher on the offer, but when we have a 6 share sale
the share price drops to the bid price.

[srpactive] 20/11/2014 09:53

Good UK retail sales data.

GBP Retail Sales m/m actual: 0.8% consensus forecast: 0.4% prior: -0.3%

[irnbru2] 20/11/2014 09:00

Mr Justice Holman said Dr Khoo owned a ''chunk'' of Laura Ashley and had properties in England and Malaysia worth more than £50 million.


Market cap, £193m.

His ALY holding is ~25% of his total.

So, depending on settlement, he might need to sell a few.

However, from what I can see, the court cases so far, have been about where the case should be held, London or Malaysia. They have not even started the devorce proper, and that could take years.


The question was, is the suspension about the divorce settlement.....I a guessing, probably not, as they have not even decided where it will be held.

Then again, the guy might be doing some reorganisation, to put some of the beyond the wifes reach, don't know.

[irnbru2] 20/11/2014 08:17

This one?

Don't think it matters.

The wife gets cash, he keeps ownership / control / management of ALY.

Ok, he is a bit poorer, but don't think it effects ALY.

[srpactive] 20/11/2014 08:14

Do you think it is to do with his divorce settlement?

[irnbru2] 20/11/2014 08:04

This is starting to remind me of Monsoon.

[irnbru2] 20/11/2014 05:27

Don't think it is for growth.

Why give away all that cash (dividend) when you can keep it yourself.

Good probability of a buyout, but they won't pay too much, over the odds.

[badtime] 20/11/2014 00:00

added today

[thorpematt] 19/11/2014 22:04

Yep, that's exactly right. I definitely don't see this as an asset play. For me I'd value the company upon the ability for profit to be returned to owners.

Often the intangibles within a business are the precise thing which creates that profit (coca cola for example).

Valuing ALY based solely upon past earnings desparatly undervalues its potential IMO and one wealthy buyer with the insight to foresee and invest into that potential could make serious hay here.

Of course PER based upon modest earnings are at play here but it's when you take the ratio NOT as headline market cap but as enterprise value that the ratio really smacks as cheap....

[srpactive] 19/11/2014 21:12

The market says 30% on top of mkt cap, or don't bother.

This has as much attraction as Burberry to the Chinese.

dyor

[thorpematt] 19/11/2014 16:42

Property asset is listed at less than £25m but I don't think any predator would be after that.

I reckon that the growth potential is not represented well here although the cash taken out of the business has been significant. A more focused strategy for growth really should be in place here IMO.

I suspect that the brand has potential for global growth (as many well known authentic British names have) and so I think that online and international market place has the strongest potential for exploitation. I doubt I am the only one that thinks that way so we'll see what plays out...

[bobby.ifa] 19/11/2014 14:15

At what price though? Property portfolio must be worth a bit?

[srpactive] 19/11/2014 14:12

After today's announcement, that now totals three directors
that have left the company since August, although I do not want it,
I think we are going to be taken private very soon.

dyor

regards

active

[srpactive] 13/11/2014 13:52

Offer has moved to 28p, I think we are ready for the next leg up.

[srpactive] 03/11/2014 19:58

More good retail figures.

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

Department store Selfridges has raked in record profits after a 10% rise in sales; the company said that sales increased to £1.2 billion last year - pushing profits up 12% to £150 million.

[srpactive] 22/10/2014 14:34

I wonder which homebase stores are closing in the next few years?

[srpactive] 16/10/2014 21:29

Thank you Thorpematt, I actually saw it on citywire first thing this
morning.

regards

active

[scottishfield] 16/10/2014 16:47

many tks ThorpeMatt

[scottishfield] 16/10/2014 09:06

where's that from srp please?

[srpactive] 16/10/2014 08:21

Decent increase in sales from H&M.

[irnbru2] 07/10/2014 21:02

Well, it keeps going up.