Leeds Share Discussion Threads

[baronet] 28/1/2014 09:21

tiredoldbroker
Likewise & agreed.
At least we are now back [in nominal terms] to where we were in 2001 !!!

[tiredoldbroker] 27/1/2014 13:49

I've sat on a chunk of these for so many years, and I have to admit..... I have no idea what is going on!

[baronet] 18/1/2014 01:39

Russman
Good point you make & a distinct possibility.
In this age of QE & almost zero interest rates one can see the logic of the Kirch investment.

[russman] 17/1/2014 22:57

Kirch would not have bought unless he had a plan how to sell it.
Selling his stake back to LDSG for a small profit is the easy solution.

[baronet] 17/1/2014 10:48

Russman.
Last I heard he was sadly with cancer & busy distributing his fortune to the OAP on Jersey !!!
Noble indeed, but quite where that leaves his stake & intent with regard to LDSG is a moot point ?

[russman] 16/1/2014 19:38

I wonder what Kirch will do.

[baronet] 16/1/2014 17:02

Good figures, but while the Swedes are controlling LDSG its hard to see how full value will ever be reflected in the absence of a sale to a 3rd party.
Their record of investment/diversification [other than Hemmers] has been disastrous.
Best hope is for an outright sale of the company to an Asian/Chinese buyer or maybe even better a reverse takeover by a Chinese company seeking a London listing with the prospect of a dividend & stupendous growth !!!!

[playful] 16/1/2014 08:30

Good steady business set for future growth just don't expect any dividend payments, but it's hard to whinge too much if the share price continues increasing so I'm happy enough

[gingerplant] 16/1/2014 07:49

They're out and they're good but with Peter G and Per Claesson owning over half and no prospect of a divi, you have to hope they're building it up for a future sale.

Still obviously worth twice as much though?

No pos'n.

[gingerplant] 16/1/2014 07:49

They're out and they're good but with Peter G and Per Claesson owning over half and no prospect of a divi, you have to hope they're building it up for a future sale.

Still obviously worth twice as much though?

No pos'n.

[russman] 15/1/2014 19:15

Any sight of the interims?

[russman] 25/11/2013 23:42

No idea what these 18.5k trades are today.

[callumross] 22/11/2013 12:52

Well said, baronet!

[russman] 21/11/2013 20:51

I think that the Swedes have missed the boat.

[coolen] 20/11/2013 22:02

Arthur, spot on !

This guy hates writing cheques to his investors, especially for dividends.

The proposed cash spend on acquisitions will be another excuse to keep the pen in his pocket.

[arthur_lame_stocks] 20/11/2013 20:04

Someone should have pointed out to Johann their awful record of making disparate "investments" with shareholders cash.

Hemmers is making well over £1m a year and the holding company has a couple of million in cash they can easily afford a dividend, they're just trying to keep the price down imo.

I sold mine after 10 years for a respectable profit so i'm not bitter or anything but I believe the price could be so much higher if this company was better run.

[playful] 20/11/2013 17:17

A small cohort of die-hard LDSG shareholders turned out for the annual meeting which commenced at noon today with Jan Holmstrom, Johan Claesson and Kathryn Davenport in attendance.

Once we got the voting out of the way the initial questioning solely focused on the absence of any dividend payments over the previous 10 years. Jan said they were looking to make investments and currently have a number of things they are working on, so felt investing in the business was the better option.

I asked if they had made any investment offers and suggested Pittards as a good candidate, especially with Jan's association but he said it would be difficult due to the percentage that P.G already owns in the company.

We were told the Shanghai operation is performing well and they are growing the European sales team. I asked why little attention is given to the UK and suggested they should perhaps employ additional dedicated resource to grow the UK sales, but Johan said the UK market was not the best territory to pursue and that France was a far better option.

Johan had a rough time from some of the longstanding shareholders and you could understand why, but on occasion it did sound derogatory to any Swedish person in the room.

I pointed out the share price is up 50% this year so things are not too bad, but judging from the looks I received it's still well below the entry point for many.

Kathryn closed the meeting

[playful] 19/11/2013 22:47

I will be attending tomorrow and will report back on proceedings

[baronet] 19/11/2013 03:37

Encouraging price action.
Maybe a pleasant AGM surprise tomorrow ?

[playful] 15/10/2013 23:04

I think Katherine is well aware of shareholder feeling (hence the change in AGM venue) they have a poor chap with over a million shares and believe me you would not stand in the way of him voicing his concerns - enough is enough now and it's only fair to call for a dividend for longsuffering shareholders...

[coolen] 11/10/2013 21:43

Interested parties may like to investigate how Chapelthorpe is faring.

Gyllie took over Chapelthorpe PLC 4 years ago. Some stockmarket investors remain locked in, including most preference shareholders.

Company name changed recently to "International Fibres". I know nothing more.

[baronet] 11/10/2013 07:39

The LDSG & Swedish 'concert party' saga is in its 14+ year now.
Over this period & in real terms a huge diminution in value has taken place assisted more recently by catastrophic 'investment decisions'.
Other than a.13 pence share distribution shareholders have not much to show for their patience.
The only consolation now being we are all getting older & final resolution/liquidation is surely nearer.

[coolen] 10/10/2013 23:25

Sadly, I agree with Arthur on the dividend front.

I cannot recall a Gyllie company which has ever paid an Ordinary Share dividend.

However, Gyllie expects to make money long-term so perhaps this time minority investors will too......eventually.