Leeds Share Discussion Threads

[arthur_lame_stocks] 31/1/2005 09:36

cg1953

I thought that Gyllenhammar only bought into YOR after the disasterous American acquisition when the shares were languishing and they looked like a potential asset play.

As things stand I think Gyllenhammar has taken a big loss on YOR.

[cg1953] 31/1/2005 09:13

the emslies.
imo not such a big deal. 3%=150K investment.
probably part of the gyllenhammar fan club.
there are quite a few of them; just look at the mpl threads.

malcolm wilson.
the rns states that he has held no other directorships in the past 5 years !! ??
before joining ldsg, was he not finance director at the ill fated and now in administration 'yor' before resigning on august 7th 1998 to join a private property company?
'yor' ; another gyllenhammar investment/holding that is now worthless.
a company i should add, that mislead shareholders over a period of years promising to return cash, but then instead embarked on a disastrous american acquisition !!!

[arthur_lame_stocks] 29/1/2005 18:54

Perhaps roomey they read this board and threats of complaints to the LSE got them checking that they haven't broken any listing rules!

More interesting I think is who are the Emslies? Does anybody know? A yahoo search came up with a Dr Alasdair Emslie who seems to be some sort of occupational health consultant (or something) and a Richard Emslie who is a Commercial Director for a company which runs cruises on the Thames. I don't know if these are either, neither or both of them!

I wonder what their interest is?

[stefield] 28/1/2005 22:50

no wonder the results are late, the directors will be busy with there other 300 companies !

[roomey] 28/1/2005 19:46

found todays rns strange and out of the blue

[the troll] 28/1/2005 13:02

poacher;

you will because I'll be going. Whilst I see no merit whatsoever in attending F T S E A G M s, for companies within this one's range of value, you CAN get a hearing & usually it's well worth the effort.

I agree that Arthur's posts are extremely helpful ( thanks Arthur ! ) but he shouldn't have to do the Board's job for them should he ?

[poacher45] 28/1/2005 10:57

I totally agree with cg1953 they have all lined there own pockets with large directors fees when they had absolutely no knowledge of running a factoring company. Two years ago at the agm I was told the factoring company just could not fail. I said what about bad debts and was told you never have bad debts in this trade. At last years agm I attacked the directors but everybody else thought they were doing a good job. Infact I was accused of jumping on the band wagon for attacking directors. Perhaps this year I shall get some support.

[cg1953] 28/1/2005 10:42

come on contributors.united we stand divided we will fail.
my comment was absolutely no criticsm of arthur-l-s,[arthur has provided excellent advice and was well within his rights] or anyone other than the board of directors of ldsg.
our collective vitriol should be directed at the major shareholders [gyllenhammar & claesson] a concert party if ever there was one.management who have colluded in the pretence that there wasnt a concert party.management again for raising and dashing hopes of mbo's et al. and management finally for not giving timely notification of events that concern all of us.

[langland] 27/1/2005 20:01

This last poster is aptly named. Fortunately, ADVFN operate a filter system so I suggest we avail ourselves of it.

[the troll] 27/1/2005 19:02

'apoplexy' is what you and M W should be suffering from if the L S E does it's job properly; this information is privileged & should either have remained confidential or gone out to ALL shareholders via an R N S. At best, it's a breach of procedure & at worst, a breach of the listing rules proper, although as to whether this stock will actually remain 'listed' for that much longer has to be a moot point.

[arthur_lame_stocks] 27/1/2005 13:41

Perhaps I should have pointed out that I emailed Malcolm Wilson first to ask when the results would be published due to the apparant delay as any shareholder can do if they feel so inclined.

Here are the exact contents of my email and Malcolm Wilson's reply (only the names have been changed to protect the guilty):

Dear Mr Wilson

Please could you tell me when you expect to publish the final results for
2004.

Thanks in advance

Arthur Lame-Stocks

Dear Mr Lame-Stocks

We do not yet have a firm date for announcement, but I would expect it to be
within the next few weeks.

Regards

Malcolm Wilson

Hope this saves you from your apoplexy

[the troll] 27/1/2005 13:17

correct cg1953; I am currently formulating a draft letter to the L S E expressing my severe reservations as to the practice of sending 'e mail' communications, on a subject which is clearly of concern to ALL shareholders, to an individual shareholder. Will that shareholder be getting an advance copy of the results ( by 'e mail' ? ) too ?

[cg1953] 27/1/2005 11:25

odd and odder.
this company is now a fraction the size it was a few years ago, and yet the final results are several weeks later than usual.
given the recent dismal history,and to allay any fears, then at the very least a general communication should have been related to ALL shareholders as to the delay.

[hugepants] 27/1/2005 09:50

Yes it looks like it now.

[arthur_lame_stocks] 27/1/2005 09:36

it did all look like selling, but it didn't shift the price any, it may be that the 100k was a buy?

[hugepants] 26/1/2005 22:23

And the trades look like sells.

[arthur_lame_stocks] 26/1/2005 20:15

And some volume to day for a change

[arthur_lame_stocks] 26/1/2005 11:40

Just had an email from Malcolm Wilson. They don't have a firm date for the results yet but it should be in the next few weeks.

At a guess the delay this year is due to some news. My best guess is that they're waiting to get the extra cash from the Strines site (however much it is) and are planning to pay it out as a dividend.

Or could be a sale of one or both of the businesses and a cash return or takeover.

Could even be bad news but I hope we've had enough for now.

[arthur_lame_stocks] 05/1/2005 08:43

Sounds just a bit too small for me HugePants.

[hugepants] 04/1/2005 16:19

LGM may interest some of you guys. Current market cap 0.8M. Freehold property worth 1.2M. NTAV over 2M. Tiny 50K operating loss last results. Tiny and extremely illiquid. Management own around 45%. No pension problems.

[hugepants] 04/1/2005 14:48

I bought a small amount (10K) at 13.85p. You can buy 75K through Comdirect at that price.

[langland] 21/12/2004 11:57

With RDM the problems are the warranties that would have been given when the businesses were sold. They typically last 2 years so the first one should run off in Jan.

BTW broke ranks today and bought another 50 ldsg.

[arthur_lame_stocks] 21/12/2004 07:56

Cheers langland, sorry about the name! hence my post 150.

Radamec's a funny one, i've been sort of following them for ages. Got lots of cash but don't seem able to do anything with it. It'd be nice to know what the problems are before buying.

[langland] 20/12/2004 19:19

Sorry..forgot..no I don't post on fool.

[langland] 20/12/2004 19:18

Arthur

Look at your last post...please don't confuse me with a defunct dyeing operation!

I have been in and out of LAF twice and am out at the moment...have basically given up on them since the release of the pension money is taking too long.

As far as other stocks are concerned, there are none like LDSG!! I have a real hotch potch of stocks..basically look at anything where I feel risk/reward is in my favour. I won't give you a list but AVA is one I know you have looked at. £2+ should be possible in coming months but I am in at lower levels so wouldn't necessarily buy here. SHW I am watching but need price lower ...this may come with the move to AIM since some forced sellers may emerge. Not convinced there is enough margin in the latter. RDM should be worth a punt next few months..just watching at moment.

Otherwise, my 2 biggest positions are GLD and OIL and will probably hold these till they double.
Cheers L