Leeds Share Discussion Threads

[langland] 20/1/2006 18:54

OO,
NO.

[oooff] 20/1/2006 18:22

Does Leeds group have any pension scheme liabilities that could reduce the cash available from the leasing business sale ?

[poacher45] 20/1/2006 17:49

Yes Arthur I shall be there again.

[arthur_lame_stocks] 20/1/2006 17:12

Looks like some selling today but it doesn't seem to have shifted the price any. I wonder if the company are going to buy back any decent sized lumps of stock that come up?

Is anybody going to the AGM?

[langland] 17/1/2006 09:02

According to report and accounts AGM is set for 26th January so we may get a decent update then.

[cockneyrebel] 16/1/2006 14:56

50,000 deaths, and most of those would be the old and infirm or very young with a prevailing illness.

I bet if you never knew somebody that died from normal flu you still wouldn't even if the deaths did quadruple.

CR

[hugepants] 16/1/2006 14:17

A recent report on the BBC gave estimates of about 50,000 deaths in UK (1 in 1000) which compares with 12,000 in a normal year. So yes probably a lot of scare-mongering and the markets dont seem to give two-hoots. At least not so far.

[cockneyrebel] 16/1/2006 13:59

Bir Flu is nonesense.

Don't buy a paper, don't listen to the news. It's all codswallop to sell papers.

First it hasn't mutated. Second, if it does there's no saying it would be highly contagous. If it is there's no saying it would be any worse than ordinary flu.

SARS, global warming, coldest winter for years, power cuts, all bull hyped up to sell papers. If they have cuddly warm stories we don't buy them. Tell you that you're gonna be dead in in two weeks and you buy every copy you can get.

Do I need to know every time one chinaman out of 1.3b dies of this obscure disease because they go round kissing their chickens?

Press lacks a real story - I thought Sven might wipe them off the news for a week or two - more hype thereto wreck the world cup and sell more papers by creating a crisis.

CR

[hugepants] 16/1/2006 13:44

Im feeling a bit paranoid about buying shares just now after being brainwashed for the last couple of weeks by the bird-flu hullabaloo!

What effects would a bird-flu pandemic have on LDSG? Any ideas? For example imagine a worst-case scenario and the Hemmers business experienced a serious down-turn. Could LDSG just let Hemmers go bust and ring-fence their 15p cash from any Hemmers liabilities?

[cockneyrebel] 09/1/2006 21:02

They are going to need a lot of new undies after Rooney has been at them too!

CR

[hugepants] 09/1/2006 20:53

Dont know if anyone else read the 1 page article in todays Times about the German economy. Consumer spending/sentiment is the best since 2000 and GDP forecast are expected to be raised. Part of the feel-good factor is apparently due to the hosting of this years World Cup Finals.

[cockneyrebel] 05/1/2006 17:55

Perhaps they are going to give the cash back to shareholders in a special divi Arthur Lame?

I reckon 12p special divi would really highlight the value at the next results. Everything still equal you'd then be effectively buying a share of 10p and eps of 2p perhaps - PE 5 ? That would at least add 6-7p to the share price in an instant imo. 2007 eps might be around 2.5p at the current pace of growth - they could pay shareholders 12p special div and these could still be 22p a share in a years time with the company on a single digit forward PE.

30p has to be easy fair value today imo.

CR

[langland] 05/1/2006 17:07

Agree your views, Arthur. It certainly is time we all moved on! Cleanest exit for us would be for someone to buy the whole group including the cash. I don't mind giving a discount for cash. Somewhat more awkward would be if LDSG were left as a cash shell. Either way, I think we are worth 30+.

[arthur_lame_stocks] 05/1/2006 16:35

I've just been having a better look at Leeds results and I reckon i've been underestimating just how well Hemmers is performing at the moment.

Full year profit before tax was 573k. But the first half was just 167k, after charging 100k in exceptionals. So the second half was 406k, but again this was after charging 100k in exceptionals so the underlying pbt was 506k.
Also there were costs involved in moving from 3 premises to just one although they don't give a figure.

So if the second half performance were repeated across the whole of this year and bearing in mind that their order book is the strongest it's ever been and that costs should be lower this year as a result of the move, I think it's possible they could turn in a pbt well in excess of 1m.

Hemmers might even manage 2p earnings on its own, without the 15p a share in cash.

I don't know why they aren't buying back all the stock they can at these levels, perhaps they're also in talks to sell Hemmers, they've said on a number of occasions that it's their intention to sell off both businesses.

Anyway, it's still frustrating to see the price so low, i'd like to realise some value from Leeds and move on.

Arthur

[spights] 03/1/2006 10:21

1-----10,000-----22v22.5----30,000----3 For Gumberr

[gumberr] 30/12/2005 14:38

surprised with the rise and levelling up with all buys today?
they have stock alright -25000K buy at 22p what a bargain!

[cockneyrebel] 30/12/2005 10:10

trades have to be over 5x normal market size for a delay (d)

Trades can take even longer to show up if they are 'worked' through the day or over days.

CR

[gumberr] 30/12/2005 08:49

30p target!

[gumberr] 29/12/2005 10:48

its 500shares NMS going by the financials info on LDSG.
I wonder if there is some news on the way as the company did say that they were looking into ways of what to do with the 5.5Million cash they have.

[hugepants] 29/12/2005 10:41

Yes I phoned them up. I also did a quick check using my online broker. You can only buy 2,000 shares but can sell 30,000. They were telling the truth.

The delay in reporting trades has nothing to do with snow. If the number of shares traded is larger then the normal market size then there is a delay of 1 hour (I think). The normal market size must be very small for this stock.

[langland] 29/12/2005 10:40

only 2500 offered online

[gumberr] 29/12/2005 10:32

how do you know that they have no stock have you asked them? try buying -they have some.
and why do some trades take such a long time to show -is it cause of the snow ?

[hugepants] 29/12/2005 10:24

I suspect just a small buy from a PI. The MMs have absolutely no stock now.

[gumberr] 29/12/2005 10:19

directors buying I wonder?
or 0.5p rise on no buys -if that works could reach £1 as long as no one buys for a while - great formula.

[belize1970] 28/12/2005 22:26

"I don't worry about fraud here anymore than anywhere else, I trust Gyllenhammar "

I don't think many of us involved with Yorklyde would agree!



I'd suggest (because of the involment of Gyllenhammar) that it's propbably only going to be worth around 75% of what it would be worth were he not there!
Personally I will be happy with 25p.