Ashley (laura) Share Discussion Threads

[cockneyrebel] 05/4/2011 20:30

fortunately I can no longer read your nonsense Frauddy - I can see your CAREless Capital are tanking tho - CARE get suspended soon surely?

CR

[ydderf] 05/4/2011 18:45

but look at ALY sales over the past five years, they hardly budge, even failing to reflect price inlfation.....why is that survey relevant mr c, if ALY are detached from the macro anyway?

[mechanical trader] 05/4/2011 16:41

Heading towards 18p again on growth worrys for the british economy.

[mechanical trader] 05/4/2011 13:57

But what the Spiv thread doesnt want you see or hear about IS HERE.........

5 April 2011 Last updated at 13:01 UK economy to grow more slowly, says OECD

Last month, the OECD said the UK economy faced "significant headwinds" UK economic growth will be slower over the next three months than previously predicted, according to a forecast from the OECD think tank.

In a survey of the G7 economies, the OECD estimated that UK gross domestic product would expand at an annualised rate of 1% in the second quarter.

This compared with an OECD forecast in November of 1.3%.

The OECD said the US economy was expected to expand by 3.4%, followed by France at 2.8% and Germany at 2.3%.

Japan's economy would be held back by the disaster that struck the country last month, the OECD said.

Last month, the organisation cut its UK growth forecast for 2011 as whole to 1.5% from 1.7% , saying the economy faced "significant headwinds" such as spending cuts and rising commodity costs.

However, the OECD also called the UK government's cutbacks "ambitious and necessary", saying they were needed in order to achieve a sustainable recovery.

'Instability' risks

The latest OECD report said that the G7 group of the richest nations, excluding Japan, was expected to see average annualised growth of 2.9% in the second quarter of 2011.

Japan, however, is likely to suffer a drop in GDP in the second quarter as a result of the devastation caused by the earthquake and tsunami.

The OECD estimates that Japan's economy might contract by between 0.2% and 0.6% in the first quarter of 2011, and by between 0.5% and 1.4% in the second quarter.

The Japanese authorities themselves estimate the disaster wiped between 3.3% and 5.2% from its annual growth, the OECD pointed out.

Despite economic improvements for the G7 bloc as a whole, the OECD warned that unemployment and inflation remains a problem.

And it added: "Instability in the Middle East and North Africa and an associated possible further increase in oil prices could act as a drag on economic activity in the near term."

[mechanical trader] 05/4/2011 13:52

Another report out which misleads investors into thinking we have average year on year growth in the economy, what they dont point out is just how low LIKE FOR LIKE Is and coming off such a low base makes the figures look a lot better.......




U.K. Services Index Rises to Highest in More Than a Year on Recovery Gain:

U.K. service-industries growth accelerated to the fastest pace in more than a year in March, a report today showed.

A gauge based on a survey of companies rose to 57.1, a 13- month high, from 52.6 in February, Markit Economics Ltd. and the Chartered Institute of Purchasing and Supply said today in London. The reading was higher than the median forecast of 52.6 from 26 economists in a Bloomberg News survey.....

[cockneyrebel] 05/4/2011 11:03

U.K. Services Index Rises to Highest in More Than a Year on Recovery Gain:

U.K. service-industries growth accelerated to the fastest pace in more than a year in March, a report today showed.

A gauge based on a survey of companies rose to 57.1, a 13- month high, from 52.6 in February, Markit Economics Ltd. and the Chartered Institute of Purchasing and Supply said today in London. The reading was higher than the median forecast of 52.6 from 26 economists in a Bloomberg News survey.....

LoL - so the world isn't coming to an end then :-)

CR

[philmac56] 05/4/2011 08:14

What's peoples views/opinions about

the directors hav enough shares to take this company private..... the share price is like a yoyo......i've been in for years and have seen the same happen time & time again, good/excelent resukts but share price falls.

Will the management finally have enough and go private!!!!!!!!!!!!!!!!!!!

[mechanical trader] 04/4/2011 22:07

ALYs own words note the embolded print..........

:that in the eight weeks to March 26 same-store sales fell by 4.2% due to general weakening in the consumer economy.
Despite a deteriorating outlook"

Think thats the first time we have seen that from ALY themselves.

Things must be difficult.

[mechanical trader] 04/4/2011 22:04

Another retro/historical report out duplicating all whats been said already about ALTs results. Shame they dont delve deeper into the outlook statement it would save them embarassment further down the line and would help stop investors getting burnt...................

LONDON (Dow Jones)--Fashion and furnishings retailer Laura Ashley Holdings PLC (ALY.LN) said Thursday that in the eight weeks to March 26 same-store sales fell by 4.2% due to general weakening in the consumer economy.
Despite a deteriorating outlook, Laura Ashley said that its product offering, strong brand, balance sheet and continued operational efficiencies give it a good base to face the challenges ahead.
In an interview with Dow Jones Newswires, Chief Executive Lillian Tan said the company has many options to combat the tougher trading environment including refitting or closing stores, expanding its e-commerce operations, adding new clothing ranges for children, introducing smaller concept stores and signing licensing agreements to boost sales.
The company will plough a lot of investment into online development as it wants to expand its presence and improve the overall customer experience, Tan said. A revamped website is expected sometime in April, she added. Online orders grew 45% in the year and in the second half saw a boost from countries such as Germany, Austria, Italy and Switzerland, she said.
The group also plans to continue its growth strategy overseas and open new franchises. Tan said the company is actively in discussions to expand into Indonesia, Russia and India. The firm currently has around 240 stores in 29 countries and has developed the brands in new countries including in South Korea and the Middle East, she added.
Laura Ashley also plans to focus on promoting its design studios. So far this year, three have been opened so far, she said, with two in London and one in Edinburgh.
In the fiscal year to Jan. 29, pretax profit more than doubled to GBP24.1 million from GBP11 million in the previous year, while revenue only improved slightly to GBP285 million from GBP268.4 million, as cost savings reduced operating expenses. Total U.K. retail sales rose 5.3% to GBP256.6 million while same-store sales increased 5.6%.
The company finished the year with GBP38.5 million cash compared with GBP17.4 million a year earlier.

[mechanical trader] 04/4/2011 22:00

mreasygoing, you only know what extreme hardship is if you have been through it, it cannot be explained but ive been their and others will know what its like after another couple of years.

[cockneyrebel] 04/4/2011 18:22

I think most investors have missed one of the best chances of the year today.

When would you most want to buy a share? I'd say when everyone was selling retailers in a frenzie and just throwing the baby out with the bathwater.

You get 1p final divi in June, you get 1.5p next year at least - that means 2.5p or 12.5% back over the coming 15 months if you bought at 20p or less today.

ALY have so much cash it's unbelievable. They also generated £29m cash from operatiions. They had £38m cash at year end from £17.4m last year - that is screamingly good.

Here's a little bit from Dow Jones, if you actually read it you can see the reaction lookss an over-reaction for a co that's got all that cash and paying a 7.5% yield imo.

" By Iain Packham
Of DOW JONES NEWSWIRES

LONDON (Dow Jones)--Fashion and furnishings retailer Laura Ashley Holdings PLC (ALY.LN) said Thursday that in the eight weeks to March 26 same-store sales fell by 4.2% due to general weakening in the consumer economy.
Despite a deteriorating outlook, Laura Ashley said that its product offering, strong brand, balance sheet and continued operational efficiencies give it a good base to face the challenges ahead.
In an interview with Dow Jones Newswires, Chief Executive Lillian Tan said the company has many options to combat the tougher trading environment including refitting or closing stores, expanding its e-commerce operations, adding new clothing ranges for children, introducing smaller concept stores and signing licensing agreements to boost sales.
The company will plough a lot of investment into online development as it wants to expand its presence and improve the overall customer experience, Tan said. A revamped website is expected sometime in April, she added. Online orders grew 45% in the year and in the second half saw a boost from countries such as Germany, Austria, Italy and Switzerland, she said.
The group also plans to continue its growth strategy overseas and open new franchises. Tan said the company is actively in discussions to expand into Indonesia, Russia and India. The firm currently has around 240 stores in 29 countries and has developed the brands in new countries including in South Korea and the Middle East, she added.
Laura Ashley also plans to focus on promoting its design studios. So far this year, three have been opened so far, she said, with two in London and one in Edinburgh.
In the fiscal year to Jan. 29, pretax profit more than doubled to GBP24.1 million from GBP11 million in the previous year, while revenue only improved slightly to GBP285 million from GBP268.4 million, as cost savings reduced operating expenses. Total U.K. retail sales rose 5.3% to GBP256.6 million while same-store sales increased 5.6%.
The company finished the year with GBP38.5 million cash compared with GBP17.4 million a year earlier.

CR

[mreasygoing] 04/4/2011 18:18

Answer the questions otherwise I will have to filter you as a troll, or nutter :-

[mreasygoing] 04/4/2011 18:17

Define extreame hardship ?

[mreasygoing] 04/4/2011 18:16

Why 75% of the country ?

Where did you get that figure from ?

[mreasygoing] 04/4/2011 18:15

What will the dividend yield be if the share hits 14p ?

Why don't you answer the question ?

[mechanical trader] 04/4/2011 17:30

Who cares when over 75% of the country will be facing extreme hardship in the coming 18 months. You cant print money yourself you know.

[mreasygoing] 04/4/2011 17:16

Well 18p held today :-

Increased cash position and increased dividend. Remind me what the yield on the dividend will be at 14p ?

[mechanical trader] 04/4/2011 16:50

I agree with you, the spiv thread should be off limits to everyone.

[nomunnofun] 04/4/2011 16:43

Thread to avoid, I am afraid, if trendfloor is on it - completely trashed NTA thread for about six months.

[mechanical trader] 04/4/2011 16:38

Bound to be a day or two were the share price spikes up, but in general with all the bad retail news coming out over the next year and more we will see profit warning after profit warning and this will subdue the retail sector and ALY.

Listen to the spivs on the spiv thread, let them off the hook they only want to sell into strength.

Youl be the one holding the baby if you take note of those people, why do you think they want to control free speech!!.

Seen it time and time again with that crew, ask the posters in Real Good Food and Booker, theyl enlighten you to what happens.

[cockneyrebel] 04/4/2011 15:32

Freddy's 80K buy I'd say

CR

[mechanical trader] 04/4/2011 13:10

ohhhhh im pretty confident of my position.

[ydderf] 04/4/2011 12:48

trouble is, there are still lots of buyers waiting for the fall which will probnably only seriously happen, AFTER they have been stampeded in by a bit of blue in the price.....and the M&S warning has been so well flagged that there may well be a relief recovery followed by a steady downward drift over months...look at 99.9% of bear charts and it is clear that it takes TIME for the really sick making declines to play out

the time to revisit all this is in August probably

almost certainly there will be a chance to buy at 16p or less, its just that it won't conveniently happen this week or month......