Ashley (laura) Share Discussion Threads

[kirk 6] 08/4/2018 16:18

10p next week

[11_percent] 06/4/2018 19:28

Ok.......so your looking for a death throw.

What do you recon will happen.

[kirk 6] 06/4/2018 19:20

I reckon we will see a major big recovery bounce here even if it is a dead cat bounce I made loads out of London mining which was bust at 0.01p and bounced to 4p before suspended

[11_percent] 06/4/2018 18:09

Looking much better.........PMSL.....you should have gone to Specsavers m8....

Look guys.....it has fallen from 34p to 4p, from mid 2015, when the RNS saying they had bought an office and all the money went East.......

3 years, 34 p to 4p = loss of 30p = 88%

This aint coming back....its over.

[kirk 6] 06/4/2018 16:58

Looking much better

[justiceforthemany] 04/4/2018 13:43

P/E just FOUR now.

[srpactive] 04/4/2018 12:28

11

The company has not done anything wrong, 2015,
was not long ago, decisions the problem.

[11_percent] 04/4/2018 12:20

He should shoot this and put it out of its misery.

Thought they would have made it bust before now.

[srpactive] 04/4/2018 12:19

MD

Yes, if you look back at the balance sheet at June 2015, aly
was in a good position.

[mister md] 04/4/2018 12:14

The chart is almost a straight diagonal line from 30p (2015) to 3p (2018)... quite spectacular destruction of shareholder value here

[fenners66] 03/4/2018 15:55

The former headquarters of collapsed engineering giant Carillion has gone up for sale, with a price tag of over £3 million.

The building, in Wolverhampton, which was refurbished in 2015, has over 37,000 square feet of office space over six floors, as well as a car park.

Please someone remind me what was the cost (over £30m )and the floor space of the Singapore office block?

Bare in mind it could have been anywhere in the world....

[killieboy] 29/3/2018 18:54

Months, weeks or days - when will it fold?

[kirk 6] 29/3/2018 18:16

What's that got to do with ALy

[srpactive] 29/3/2018 08:09

Stella McCartney has bought 50% stake of her eponymous fashion label from her partner Kering, the French billionaire François-Henri Pinault’s luxury goods company, taking full control of the label.

[justiceforthemany] 28/3/2018 19:04

11 percent - 'They don't own the own the Singapore building, IMO.'

The CEO himself has confirmed to me himself last week that they 'FULLY OWN' the Singapore building that is worth £31M at last valuation - are you saying he is lying? Care to share some evidence of this?

[blueball] 26/3/2018 08:52

Problem is most of the shops are located at the back end of the High Street and hidden out of the way so not in the main centre of towns people cant be bothered to walk that extra distance.

[11_percent] 26/3/2018 08:47

They don't own the own the Singapore building, IMO.

crypto, just seen your post....have to go out....will reply later.

[srpactive] 26/3/2018 08:25

Now being valued purely on the value of
the Singapore building, dyor.

[cryptotrade] 23/3/2018 12:54

coxmn, 11_percent

I have a question:

If you were to turnaround the business, honestly, what would you do which is so different from where they are today.

The facts in front of us are clear:

-Sterlings plinge has affected many.
-Stores do not make as much money as before. I use to shop in shops all day long when I was 18. There was no internet. Ask any 18 years today, the truth is, shops are the last thing they will look at. They may go to a shop, but they're not that way inclined. So, naturally the market is changing, for better for worse.
-Some stores are too big
-Some products people prefer to buy online where they are commodity based. An example, maplin. They buy from china anyway, but its affected them. Toysrus needed to make the stores better. Some said it was because they were out of town, drive to, no, that's wrong, people do drive out to a costa, an M&S, and other stores, they have just decided, to buy toys, they may go elsewhere, online, or other out of town stores.


Now, this business is no different from house of fraser, Debben..and others. People do buy from them. They have their own stores, online sites, but its a question of who wants their products. The shrinking minority. Some 50 years olds today want to wear trendy clothes and still look and feel young. Superdry is a classic. Its not dying. Its taken over from many stores.

So I believe its part product, part store size. They need to change styles, trends etc. They haven't.

[fenners66] 21/3/2018 21:44

justice - why refer to OVG - because it is a very real and current example that you can click the top of this page for (financials tab) and see the "free money" on offer - that no one but the directors and major shareholders will ever get their hands on!

Never made a profit and never likely too - it will just go in DIR's Rem. but they have piles of cash and shares in polymetal (business sold nearly 10 years ago).

When you get someone in charge like their directors they are not obliged to return cash to shareholders - ever.

Now LA has a man who believes spending all the cash on a property is more important than paying dividends.
Who has appointed family to the board (?)
Who sees a hotel that LA rent from his hotel group as the future and presides over closing down sales channels.

Oh yeah and the smart market has dropped the share price inexorably for years.

[savagedstock] 21/3/2018 20:47

This is very typical of companies in Asia are run, its just unusual to see it here. Ultimately it is down to the owner how they treat shareholders, and history tends to suggest not too well. You will find most Asian companies (especially small and medium) trade at a discount to book, but there is zero catalyst that can close that gap.PB is a futile metric - you must always look at the cash and how it is used...who is going to tell the owner that they cannot buy property in far flung places? The board is usually made up of family members sic...What is galling here is that this is still a good brand that will have little future....

[justiceforthemany] 21/3/2018 18:09

fenners why do you keep going on about a gold miner in Russia! WTF has that got to do with Laura Ashley?! Completely different sector. What's more OVG on quick glance has NEVER even made a profit in its entire history. FFS.

[fenners66] 21/3/2018 08:49

Not madness if the market perceives there is NO value for shareholders.
Read OVG massive disparity in the market value of the company (low) and the cash and assets (high)
It has been so for nearly a decade and no dividend , no return to shareholders but lots of director's remuneration.....

[justiceforthemany] 20/3/2018 23:02

Just to add for those holding here I have had it confirmed from the company that it wholly/fully owns the building in Singapore and this is worth £32M. The current market cap is only £26M! Go figure. Madness.

[fenners66] 18/3/2018 00:35

"quashing the slightest bit of positivism"

If you think it is quashed then so be it - so you then think I am correct now?

Why spend your time posting what you think is positive stuff?
I nearly bought here at 20p and am mighty glad I didn't. But reading the details on this board had me doing the correct research - not everyone can be bothered.

Have you looked up OVG?


Furthermore - everything that both companies are doing is legal and above board.
It just does not benefit the faceless joe bloggs who may decide to buy a few shares.

And when I say it is in black and white read the notes to the accounts, I have !