Leeds Share Discussion Threads

[eezymunny] 15/1/2021 08:15

Stunning interims today. Another tough spell with current lockdowns but those numbers suggest a normalised PE of c. 4 and a huge discount to TNAV. Proper Ben Graham stuff, albeit it's as hard to like as a Sarson's Vinegar ice cream...

35-40p range surely a more sensible valuation?

[russman] 29/12/2020 06:31

Someone has been mopping up the free float over the last month.
Warehouse may have some value.
The Swedes should retire gracefully.

[playful] 29/12/2020 00:43

Potentially a big increase in the share price here! Jan is no fool so I'll hang on to my shares.

[russman] 24/11/2020 07:20

Might be a value trap - see if there is positive cashflow in next report.

[kazoom] 23/11/2020 21:53

Russ - is this just morbid interest, or are you still holding?

I confess that I held on for about a decade+ too long before selling out 3 or 4 years ago.

The same value case I remember making back in the noughties I believe could be made now, but erm whatever the Swedes are up to it is clearly not about helping fellow shareholders.

[russman] 22/10/2020 11:46

could be worse; warehouse may have value.

[russman] 26/8/2020 05:41

Old Swedes. Past their sell by date.

[cg1953] 25/8/2020 15:04

Lock em Up
20 years of maladministration

[balcony] 04/8/2020 08:55

moving up the last couple of days,only small buys.

[russman] 14/5/2020 11:44

Have to adapt to new markets.

[oooff] 13/5/2020 18:01

Textiles for face masks could be a growth area.

[jbfnfn] 21/4/2020 15:35

Hemmers have this really big warehouse in Nordhorn, Germany. What they should do is forget about textiles and kit the warehouse out with the longest bar in the world. They could then serve beer to hundreds of punters all standing 2m apart. The safest bar in Europe, could be a money spinner.

I still have a small holding here mainly because I have paper certificates from years ago. To sell them I would have to find the certs or fill out a form saying I'd lost them. I could realise a tax loss, but I'm spoiled for choice in my protfolio with holdings on which to realise a tax loss.

[russman] 21/4/2020 14:07

Their usual style is to bottom fish in the troughs.
Probably looking for small acquisitions.
Could do a low ball offer but do they really want the hassle.

[arthur_lame_stocks] 21/4/2020 12:25

Is anyone still holding these? I wonder what the Swedes are thinking. Will they try to take it private and sell it off or are they just going to stick with the status quo which is getting noone anywhere?

[callumross] 04/2/2020 11:46

Really just an asset play at moment with NAV at 60p per share.

[fillipe] 04/2/2020 11:23

A riser today, on small.

News and some decent buying will quickly put Leeds much higher than were we currently sit.

f

[russman] 04/2/2020 10:04

No real strategic imperative from the Swedes as usual.

[russman] 15/11/2019 09:09

Awful. Just asset strip and sell out.
Pretty basic business.

[arthur_lame_stocks] 12/11/2019 09:46

No comment on the results? Pretty appalling I thought. This is now purely a play on the asset value.

[russman] 03/11/2019 16:45

Still waiting.

[russman] 28/10/2019 08:43

Who else?
The Chinese.
Of course not the Swedes.

[callumross] 25/10/2019 10:29

She said delays with the German auditors but I think we all know the results aren't going to make for particularly pleasant reading.

[russman] 25/10/2019 09:55

Ta. 2 months later than last year.
Must be really special Swedish banana skin.

[callumross] 24/10/2019 15:36

Checked with company secretary who advised results will be published next week.