Ashley (laura) Share Discussion Threads

[uknighted] 03/7/2016 11:36

Of course it's a decline in the SP, whichever way you view it, just look at the graph.

[jimmywilson612] 03/7/2016 10:17

I disagree Carcosa - I think it matches the funamentals and shows how tough retail is at the moment.

If you simply compare the PE to other retailers:

ALY: PE 10
MKS: PE 9
BON: PE 6.8
NXT: PE 11
SCS: PE 11

Therefore I dont see if necessarily as a decline in ALY share price, but a decline in the over view of the retail sector.

[garycook] 02/7/2016 14:54

I believe Brexit,has not helped here also !!!

[carcosa] 24/6/2016 13:59

I don't know why this share price has been trending down for quite a while. It seems to be disconnected with some basic fundamentals.

There are some things to dislike; directors/owners being Malaysian, Lack of engagement with shareholders (typically Malaysian* attitude), lack of updates and of course the expansion into India and China remains largely an unknown; and I suspect this may take a couple of years before anything substantive happens

*FWIW I live in Malaysia...

[srpactive] 24/6/2016 12:50

Agree, until then gold miners and gambling, but you already know that don't you.

dyor

regards

active

[garycook] 24/6/2016 03:04

Time for ALY to turn around.Would be interested on anybody else,s opinion on why ALY is being held down between 22-25.Is it the Chairman divorce.It is the slow down in retail sells.Just hold wait and collect the 8% + Dividend.Hopefully will return to 34/5 in a year or two.

[jaykaytee] 23/6/2016 12:07

Just dipped my toe at 22.68p.
Surely it can't drop any further....

[garycook] 08/6/2016 12:30

Steve, I think many more agree with you.Welcome back.

[gostevie63] 08/6/2016 11:53

I sold my holding in ALY about a year ago but have just bought in again ahead of the ex-divi date next week. My misgivings about the purchase of the freehold property in Singapore have subsided and by any normal metric the shares look cheap at the current price.

[thorpematt] 03/6/2016 19:08

ALY is pretty cash generative. It's divi cover has never been particularly high but nor has it's re-investment into growth. The nett result tends to be a slow growth, high yield stock.

It's sales and like for like figures have been lack-lustre but equally it's not a pure high street play this one. The hotel model looks promising as do the gradual increrase in online revenues.

[clocktower] 03/6/2016 12:43

There have been warnings of dividend cuts in general:

[rcturner2] 03/6/2016 11:05

Gary, I don't know much about HSBC, but I do hold Shell. There is a live debate as to whether they will need to cut the dividend. BP and Shell have been hit by the fall in the oil price (obviously), so I would not call them value traps, but yes the high yield is not necessarily sustainable.

[clocktower] 03/6/2016 11:01

You will not kill the High Street off bobby.ifa - it always evolves, look and feel touch and try, wish and dream, click and collect - it just changes as ALY has been doing for years. Having closed outlets for years it has entered in Hotels for example in this case as by way of example.

[bobby.ifa] 03/6/2016 10:09

Austin Reed in the background could easily be ALY. I left last week after 14 years. Loved the divi, but High Street retailers days are numbered with the internet exponential growth & impact on every aspect of life.

[garycook] 03/6/2016 07:52

Also applies to HSBC,BP,and RDSB then ?

[rcturner2] 03/6/2016 06:20

I used to own ALY, but I sold because I started to worry that it was becoming a bit of a value trap, with the high dividend really being the only reason to buy, but actually the potential share price falls taking that away.

The yield here is heading towards 10% and that is a warning sign, not a positive.

[garycook] 03/6/2016 02:40

Patience is a virtue.I believe the ongoing divorce settlement and lack of any news or updates,is holding this down in the 22.50-25 channel.In the meantime hold,collect the 8% plus dividend,and forget about it.If you can buy around the 23p area just top up.Purchased my son,s first share in ALY in an ISA 24p, for the dividend income.

[tony773] 02/6/2016 12:47

OH Carcosa,,, I have been in for yonks and been averaging down,,, but with the dividends, not down too badly,,,maybe about the same as you ,,,but hopefully they might pick up later in the year

[imranawan] 02/6/2016 12:06

Have you not been tempted to average down and add to your holding carcosa?

[carcosa] 02/6/2016 10:36

Just a reminder: The second interim dividend will be paid on 8 July 2016 to all shareholders on the register at the close of business on 17 June 2016. The ex-dividend date will be 16 June 2016.

So Tony773 you will be having a 4% income coming your way very soon! (Wish I bought in at your price... am currently down 23%!

Seems to me that ALY are one of the least communicative companies around; not uncommon at all intents and purposes a Malaysian company.

[tony773] 02/6/2016 09:51

Just bought at 24.5

[garycook] 01/6/2016 12:15

Before I did the dummy sells ALY was 24.12 to sell and 24.19 to buy.Then the MM,s move the spreads.You can now get 23.55 to sell and 23.99 to buy.