Member Info for big_gav216

Im not a holder here but was in the glory days. This is the best possible outcome. A cash shell with £18m in the bank is better than shares in a declining company with an out-dated business model that has lost market share. I watch with interest....

Hi Dibs, I was beginning to think that I had missed something major. Should get interesting in the future with both youtube and apple beats subscription streaming services coming on-line in the near future as a direct challenge to Spotify. Pitiful volumes and poor liquidity is one of the things I actually look for in a company. Watch this space.

Awarded second place in the European Small and Mid-cap Awards in the 'Rising Star' category. Good to see recognition in Europe for the quality of this company. Hopefully the market will catch on eventually I'm sure although this is a profitable, debt free and growing company. That seems to count for little on the AIM casino lol.

Nice cheeky late night RNS.

Hi Libero As I understand it Leeds is a holding company and Hemmers is a 100% subsidiary of leeds. I completely agree Hemmers is a great company and the website i am referring to is that of leeds not Hemmers. (http://www.leedsgroup.plc.uk). In the annual reports under dividends it says 'It remains the intention of the Board to seek further opportunities to maximise the long-term value of the Group to the benefit of all shareholders by identifying appropriate investments in businesses where they have relevant expertise and which may not necessarily be operating in the textile industry. In the light of such policy, the Directors do not propose a dividend' I guess my argument is the share buyback is using company money that could be used for acquiring additional investments but instead is being used for a share buyback that will just raise the percentage ownership of the few individuals that hold the majority of the stock. Although you may be right and I am getting the wrong end of the stick. I would be interested to hear what other investments you are looking at currently, we obviously look for the same sort of things.

Im not 100% clear what the stratedy is here. The company doesn't pay a divi as it says they are searching for 'suitable investment opportunities'. As far as I can tell this has consisted of buying a piece of land that they weren't allowed to build on and a sizeable stake in Dawson that went tits. The share buyback is making the stock even more illiquid and draining the company of cash it could be using for this investment strategy. Im not a fan of share buybacks especially if they don't pay a divi. Im not really sure why the company is public. With the large amount of shares in just a few hands it probably wouldn't take much effort to take it private? Also, and this may sound a bit petty, but the website looks terrible and dated. All these things are putting me off investing. Do you think I have misinterpreted anything?

Whats your take on this stock? I have only briefly looked at this and had a quick thumb through the annuals. It looks attractive for what I look for in stocks but something just doesn't feel right and I can't put my finger on exactly what it is .....

Shame about todays drop. I personally didn't think it read all that bad. Ill hold for now i think.

Im buying here again now. Undervalued IMO. Worth about 18p based on current forecasts i think. Anyone disagree ?

If the spread wash't ridiculous i would be interested

This board is quiet. Fundamentals look good here. Anyone else invested here?

this is heading towards buy price again.

I decided to sell a couple of weeks ago for a loss. Good luck to all those who still hold and i may rejoin in the future but all i can see for the immediate future is more dilution and and a falling share price. Good luck all.

Taken a position today also. Fundamentals look great.

I found out via twitter!

Agree its hard to read. Director selling is normally a red flag for me but institutional buying is a green light. I was looking to add to my position here but i think i will sit and wait a little longer to see what happens.

Anyone know why oryx have started selling? Top slicing? Thoughts?

If a major delivery company went all out with the technology surly they would be able to undercut the competition. The rest would have to follow suit in order to stay competitive.

Anyone know if yolo.com is having any impact? Cant seem to find out much about it.

Came access this by accident earlier. Thoughts? French networking company Alcatel-Lucent and BT, the firms behind the joint-test, said speeds of 1.4 terabits per second were reached, the equivalent of sending 44 uncompressed HD films in a single second. The test proves that greater amounts of data can be sent through the existing broadband structure than previously achieved, allowing internet service providers (ISPs) to increase their capacity without the need for expensive upgrades. Conducted over the 255 mile distance between London's BT tower and Ipswich between October and November last year, the test made use of existing fibreoptic cables already installed in much of the country. Researchers used a 'flexigrid' infrastructure to create an 'alien super channel', consisting of seven channels each transmitting 200 gigabits per seconds, combining in a total capacity of 1.4 terabits of data per second. This results in a 42.5 per cent increase in data transmission efficiency compared to the current standard of broadband networks available. However, customers are unlikely to benefit from the greatly increased speeds for at least several years. Kevin Drury, optical marketing leader at Alcatel-Lucent, told the BBC the development was similar to increasing the amount of lanes available to traffic during rush hour.