Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
As thought the new website has been a disaster. -14% in what should have been a growth area. It still remains a horrible clunky mess now, especially on mobile.
There's no excuse with so many good providers in this space.
Bermondsey that's what i am seeing and debt is negligible. I'm a buyer at this level.
https://thecaterer.com/articles/556132/latest-openings-laura-ashley-hotel-the-iliffe-hard-rock-cafe-heritage-and-more
June 18 result the auditors put a nav of 36m on the group. This has a mcap of about a third that. Am I missing something? Smells like a bargain to me. Don't usually do retailers, bought some cpr hoping for a recovery play and got my fingers singed. This does look good though doesn't it?
Company has little debt so different from other stocks in the same sector. Brand is well known and well respected. Lets see where it is in a year.
Dropped back to 2 by close. Any volume will see this alot higher
Thats why they are diversifying and closing their unprofitable branches. The name is probably worth a few million on it's own.
High street shop It is difficult to operate.........slowing down day by day
3 Bidding at or over 1.85, have a good weekend. Looking good.
Just need a bit of volume with some good news
2/2.1
The Brand is well known and respected. I think, given time, there will be a significant re-rating of the price from this level. Currently 1.905/1.99 online
This will be bought by Sport Direct.....change the name to Mike Ashley lol
I do think it will be taken over, Sport Direct being a potential buyer.
Ignoring the clunky mess of the UK website, there doesn't seem to be much if anything available to buy at Laura Ashely at the minute.
They've had a 50/60% off sale running for weeks but the furnitures not available until September, clothing and other items seem to be at least a week (5 working days) on delivery.
Delivery page states deliveries used to be 7 days on furniture and next day delivery on clothing, so there's something up here?
I agree with your comments, it's not that I'm not tempted to buy back in, but maybe too scared after painful burning of the fingers here. The brand is still a strong name and they do have good homewares, but everything they do these days is a diluted version of who they used to be. I think they have too much of lots of different stuff and in homewares especially, that quickly eats through any profits when it doesn't all sell. What they need is a strong design director with the confidence to take the brand in a clear, focused direction. At one time you could always recognise a Laura Ashley product, now it all looks a bit like everything else. It seems like Urban outfitters understands the brand, maybe management will learn from that...
Is it a ruse to take it private at a knock down price, we've all seen things like this before, haven't we. It should be booming now, with new markets coming on stream like India and China, I know there is an awful lot of offer out there now, every fashion house has a HOME range, but there is a BRAND NAME here. I have bought shares and want to stick with it, even though it looks like we're being chased off. Balance sheet says still got 36M of assets, so it should be worth at least double today's share price. Crystal ball time? Do you remember when it in turned a 20M profit every year and paid out 2p in dividends. If those days are ever going to return, now would be a great time to stock up.
Glad to see that LA didn't completely! miss the florals and frills key hot trend of the season — great stuff from Urban outfitters — a prime opportunity for LA to roll out some of their vintage stuff for themselves and sadly they blew it! Their clothing range is a sight for sore eyes and makes me weep everything time I look at their new season stuff. So, so sad. I held shares here for three years and sold out after the last update. To me paying down debt with what little cash you have when you're trying to rebuild a brand doesn't make business sense. I had another share where the company used a cash windfall to buy back half their shares and then six months later their major shareholder bought the remaining shares for a knockdown price. Fishy stuff and I am suspicious of what management is up to here. The best on offer iis that the company that made a bid for LA earlier in the year might come back again in October? with another offer. I don't think LA would stand a chance with the idea of issuing more shares to raise funds so I don't really see how they can keep going. I'm no expert, who knows, miraculous and unexpected things do occur. Best of luck to all brave souls still holding.
Popes11 It would be a shame to lose yet another iconic brand. Let's hope they can turn things around. Laura Ashley goes after the millennial market by teaming up with trendy Urban Outfitters for a summer collaboration - and prices start from just £29 https://www.dailymail.co.uk/femail/article-6984793/Laura-Ashley-targets-millennial-market-teaming-Urban-Outfitters-summer-collection.html
Had a brief look at the website. The range looks as good as any other and priced not too bad.
This company needs somebody with a bit of get up and go like Mike Ashley. Come in and drive the company forward instead of sitting back.
On these shares was 2.5p. Now you can buy a share for that.
Management have allowed this to go stale and irrelevant. How else could have it went so wrong?
You are well out of it, my holding is now so much devalued that it's not worth cashing in. I have found over the years that some people on this forum have been sadly deluded about the potential of LA.
As I've posted previously, for some years now it has not had anything unique to make it stand out, a lot of the stores look very muddled. They needed to go back to the company roots and be truly British because we are very good at design, sadly they didn't and it looks like it the board are content to let it fade away.
I finally gave up on ALY yesterday and sold out. I think they could recover in the long term, but yesterday's curt trading update, with not even the slightest hint of encouragement for investors, really made me question the way the company is being managed. I'm glad I no longer own this share, as it was acting as a drag anchor on my portfolio. Luckily, I got it pretty cheap in the first place. If you're still invested, good luck (I think you'll need it).
They lost £1.5m in H1 and that no doubt will be worse in H2
The cash reserves were next to nothing at the end of last year, so the cash flow must be being really strained ......you have to wonder if they need to do an emergency fund raise...right issue ..or something
H2 forecast has gone from :
" fall short of market expectations."
to
" significantly below market expectations."
If they do intend to open more licenced tea rooms and expand hotel licencing and further the online model then it needs to happen pretty quickly to bring in revenue to offset the fall in furniture and decorating sales
High street shop It is difficult to operate
looks like its priced to go bust and in actual fact the business is debt free.
The share price has taken a hammering lately. I think the problem is that all those people who bought-in amid the takeover rumours, hoping to make a fast buck, have been getting out over the past few weeks. That, combined with the Debenhams collapse and general gloom on the high street has driven the price down. Almost twice as many shares have been bought as sold today, so let's hope the SP stabilises.