RE: nav14 Feb 2018 09:00
Its a bit of a funny one this share, if I am honest - I am not a massive trader, only had a few grand to start with to play with and have slowly upped to a �10k portfolio (roughly �1000 of shares in 10 companys) - so I am no way experienced to really help.
But my take on laura ashley is it has to be a sale to sell anything, I think the clothes are of a similar quality to Monsoon, but they are constantly 50 - 70% off. So margins are being squeezed a lot - although this is happening generally across the board. We have laura ashley wallpaper at home, me and my wife are in our 30's - so in theory Laura Ashley should be doing well - or maybe we just have slightly older taste but there wallpaper is good quality (funnily enough bought in the sale!).
The hotel side, can't remember where I read it, but sales have actually gone down, although really this is a small part of the business.
Tbh the brand is really going no where - I hope one day it does blossom, but under current leadership I have my doubts, and it looks like the market does as well. You would think we would maybe hear something to try and prop the shares up a bit, but nothing, apart from more and more people on the board / payroll.
I have my suspicions that maybe this will eventually die a death (which would be a shame) and a possible asset sale etc, which will only benefit them at the top and not us. My shares are worth about �150 now, so just really holding, but I have a suspicion I will possibly loose my money.