Share Name Share Symbol Market Type Share ISIN Share Description
Leeds Group Plc LSE:LDSG London Ordinary Share GB0005100606 ORD 12P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 27.50 25.00 30.00 27.50 27.50 27.50 1,126 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 35.1 -2.0 -8.6 - 8

Leeds Share Discussion Threads

Showing 1401 to 1425 of 1650 messages
Chat Pages: 66  65  64  63  62  61  60  59  58  57  56  55  Older
Interesting rise today. Fingers crossed there's something behind it.
Callumross. NO....see my post of July 23rd. They have no experience in running a textile biz such as DWSN !! In fact I fail to see what they can do, other than destroy remaining shareholder value !! Am now praying that someone will bid for LDSG just to takeover the Hemmers operation and so put this old dog out of its misery. .35 pence hoping !!!!
Does anyone have an opinion as to whether LDSG might consider buying DWSN from the administrators, unencumbered by the pension deficit? If so, could transform the company.
today on the dawson dilemma, on the bbc
I must confess I hadn't paid much attention to Dawsons (a mistake obviously!!). But having now had a look I am totally baffled. On an IAS19 basis the pension deficit at October 11 was a manageable £12.9m (Assets 115.5 Liabilities 128.4) but according to the interims the triennial actuarial valuation reveals a deficit in excess of £50m. Now I know that there are differences in assumptions that give rise to different numbers, but that's on hell of a discrepancy (c. 30% difference on either the gross assets or liabilities). Does anyone have any detail on what the differences in assumptions are that drive this huge gap? Dawson's statement appears to infer that they do not believe the actuarial valuation to be reasonable (they also talk about differences between the s.75 (buyout basis) and the s.179 (PPF liability basis) which to be honest means nothing to me). I wonder whether this really is the end of the negotiation and story or whether this is a dangerous game of brinksmanship being played off between tPR, PPF & Dawsons. Any thoughts anyone?
Another brilliant punt by our Swedish masters.......NOT. I was unaware that LDSG was interested in any of Dawsons trading operations. They are in a totally unrelated [textile] field to that of DWSN. Nor would they be given preferential treatment bidding for any assets in the event of a now likely administration at DWSN. All in all it looks like our investment will be a total loss.
Leeds will probably pick up the sections they want from an Administrator
solarno lopez
The Dawson investment is heading for administration by the looks of it.
Clearly the large seller is not expecting any price appreciation any time soon !!!
Another large buyback I wonder who the seller was anyone here? Now they're up to 12% in treasury they'll have to cancel some shares.
It seems they are adding Treasury shares plus others in issue to get 9.6%
They're holding 9.6% according to the announcement. cg yes probably stuck in this price range unless the Swedes do something to realise value. What i'm not sure though.
The company appears to be holding more than 10% of its own shares in Treasury. Is it not limited to 10% and therefore will have to cancel some of it shares?
nice one. Wife of the company secretary sells her holding to LDSG, less 10 shares. not quite sure what this means? probably nothing at all; in every sense of the word. So years more in this 17-20 pence range ?
Been watching this for years and always seems to look like good value but I can never bring myself to invest. Today's results look fine too. However, there never seems to be a hurry to buy in!
A bit of exchange rate worry here I'd say. Looking forward to buying in when the share price is much lower. :O) ( ex-holder )
Better late than never: LEEDS GROUP PLC - 15 June 2011 Interim Results for the six months ended 31(st) March 2011 STATEMENT BY THE GROUP CHAIRMAN, KATHRYN DAVENPORT I am pleased to report that Leeds Group plc ("the Group") made a profit after tax of GBP627,000 in the six month period ended 31(st) March 2011, compared with GBP534,000 in the corresponding period of last year. It is particularly pleasing to report such positive news after a disappointing performance in the second half of the previous financial year. Earnings per share increased to 2.2 pence (2010: 1.8 pence) reflecting the increased profit and the reduced number of shares in issue. Revenue at Hemmers Europe, the Group's German based operating subsidiary, increased to GBP14,641,000 (2010: GBP13,990,000). Sales volumes were marginally down on last year, and the increase in revenue reflects sales prices on average 10% higher than in 2010. There has been a substantial increase in the price of cotton goods, but our sales price increases have made it possible to preserve margins at close to last year's level. This, together with modest reductions in overhead expense, led to a profit before tax for Hemmers Europe of GBP947,000 (2010: GBP715,000), which included a gain on valuation of financial derivatives of GBP220,000 (2010: GBP193,000). Although external revenue at Hemmers China was lower than last year, total revenue grew by 18% as Hemmers Europe sourced a substantially greater volume of its purchases from its Chinese operation. The directors remain satisfied with the progress being made in China. Net asset value per share (excluding shares held in treasury) at 31(st) March 2011 was 46.6 pence (2010: 46.8 pence) inclusive of goodwill. During the period lower stockholding contributed to a reduction of GBP1,996,000 in the aggregate debt of Hemmers Europe and Hemmers China, whilst cash balances held by the holding company at the period end were GBP1,751,000 (2010: GBP2,025,000). At 31(st) March 2011, the Group continues to hold an investment in Dawson International Plc ("Dawson"). The Board noted the interim results for Dawson issued in May 2011, which showed cash resources in excess of GBP11 million, but also a significant liability in a defined benefit pension scheme. Whilst Dawson has been active in restructuring itself during the last couple of years, the Leeds Group Board believes that any growth in the value of Dawson's shares will be subject to a satisfactory resolution of the pension scheme issues. The Board is proceeding with a further appeal against the decision by Leeds City Council to classify the land owned by the Group at Haw Lane, Yeadon as a town or village green and a charge of GBP125,000 relating to the costs of the action that is expected to be heard in the near future has been made in the accounts of the parent company. The Company has continued to use the authority granted to it to buy back shares into Treasury, although liquidity in Leeds Group shares has been limited. During the six month period, the Company purchased 250,000 shares into Treasury, and cancelled a further 500,000 shares in order to comply with Companies Act 2006 requirements. In line with previous decisions, the Board does not propose an interim dividend. The months of April and May represent the low point in the annual business cycle when losses are to be anticipated before activity picks up in June and July and reaches a crescendo in the very busy months of August, September and October. With this in mind, the Board has decided to change the Group's accounting reference date from 30 September to 31 May so that the work involved in stocktaking, accounts preparation and audit can be accommodated with significantly less disruption to sales activity. The next Annual Report will therefore cover the eight months ending 31 May 2011. The economic environment remains challenging, and the large increase in the price of cotton goods has led to a current order book that is less full than twelve months ago. We have taken action on sales prices aimed at protecting margins: it remains to be seen whether order levels pick up as the year progresses and it becomes clearer to customers that current price levels are not a short term phenomenon that can be avoided by delaying orders. As ever, thanks are due to staff throughout the Group for their unstinting efforts in the period covered by this report. Kathryn Davenport (Chairman)
perhaps not.
the troll
Still no sign of the Interim announcement which, generally, I would interpret as being an ominous sign. However, I notice in 2008 they were released on 2nd June so perhaps tomorrow will be 'R' day.
no, perhaps.
the troll
interim's 10th May last year, expect soon ?
the troll
Hi Des I've sent you a reply. I'll have a better look at the weekend when i'll have a bit more time.
Another 100k bought back yesterday (@19p).
Arthur_Lame_Stocks - you have mail via TMF. I'd appreciate your thoughts via email on that message. It isn't about DWSN. Cheers. Des
Buyback. 25k at 18.5p.
Chat Pages: 66  65  64  63  62  61  60  59  58  57  56  55  Older
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