Member Info for reboundreturns

Hard to call with currency fluctuations ....could revisit 18 p by 16/12...as it did on US election week..volume reçently very very low which looks like a negative......my buy price on limit order basis is currently 17 p .I continue to hold a few thousand quids worth for dividends so am not trying to talk the price down ,please note. UK and in particular London is currently overflowing with tourists xmas shopping thanks to weak pound Sterling which should help online sales but in particular the hotels operates by Corus.

I continue to hold the view that ,until divorce settlement takes place,dividends will at the bottom end of market expectations and still expect sp to 50% retrace to 18 p( probably in either Late November or January).

Looks likely to test half previous high of 36 p at 18 p giving a market cap of around £130 million...a potential yield of 5% plus based on two dividends of half a p...and cover nearer 2 times earnings.Think Hotel earnings may surprise the market on next results ...current weak Pound Sterling should boost this part of the business. However,until Divorce is settled,the sp is likely to remain subdued.

Positives appear to be trend of reducing number of retail outlets,increasing online sales and good improvement in Hotel business but negatives are falling margins( continual sales offers, extra staff costs / pension liabilities) and the likelihood that adverse currency movement will increase cost of imports.As to the dividend I think that ,unless the next 6 months reverses the current trends( like most retailers ALY usually sells more towards end of year) its possible the next dividend will be 0.5 p..which will still represent an attractive return in the current low interest rate environment and would expect dividend cover closer to two times earnings per share. Divorce battle may also be a factor...but am not up to speed as to what ,if anything,is happening on this front.

General consensus that biz fallen circa 25% but I am not going to even attempt analysis given Retail sales usually improve up to Xmas...market cap circa 161 million quid and dividend( assuming only half pence on interims next year) will be over 4% at current mid market price of 22.125p .That is my worst case scenario regarding dividend. I will continue to hold my shares for the Yield...and may accumulate more if fall back ex dividend sub 20.5 p

Fibonacci rules suggest that sp could fall on results out this month to 18 p but personally I would think the floor of 20.50 p could be maintained,..MKS down around 38/40% of year high and NXT 34% ...assuming the dividend of one pence is maintained then the yield at current levels looks extremely tempting and ,as I have posted previously,one would expect the majority shareholder to continue to pay himself.

on 1st August with buy at 21.5 p but as with media shares the downtrend since Brexit continues so far

175999 shares purchased at 21.95 p .Somebody believes dividend will be maintained!?See no reason why not...but that view is based on several years and not necessarily a guide to the future.

175999 shares purchased at 21.95 p .Somebody believes dividend will be maintained!?See no reason why not...but that view is based on several years and not necessarily a guide to the future.

could be obtained by telephone call to :0870 707 1110 ( more costly than normal calls)

150 k at 0.22 p after normal hours!

"As announced in September 2015,the Group has changed its accounting reference date from end of January to end of June.The Group will therefore announce its audited Results for 17 month period to 30 June 2016 by the end of August 2016". This was at the end of the 2 nd Interim Results RNS in March. There was a fairly large sell at 20.5 p before the middle of July which may prove to be " floor" until next RNS. In terms of dividend likely( but not guaranteed) am currently tempted to add some more given the current interest climate on savings but Retail ( particularly MKS and NXT ) have been hammered since Brexit referendum and weaker Sterling.

Think interim results due in September at which point would also expect news on dividend.

did hold 35% of Laura Ashley Holdings and are run by owner Khoo Kay Peng so he is the majority owner in effect with about 60% of the shares( albeit there may be tranche out as security against loan);assume interim results and another one pence dividend announcement due in September.

European website gives you choice to pick France Germany UK Switzerland Austria Belgium Netherlands and Luxembourg for languages so would imagine that SEAsian site will do likewise eventually ...

is MULBERRY....as Tourists benefit from weak Pound and Burberry...see the charts .

will increase sales of handbags by both Mulberry and Burberry...both charts look defensive when compared with most of the Retail Sector; Mulberry directors and top personnel will benefit with share options and keep a tight rein on costs ( i.e the salaries of the shopworkers and those that work in their factories and in admin.)

Interesting point regarding lack of language translation given online sales a growing part of business.... Expect shareprice may bounce back next week on payment of one pence dividend on 12/7 but assume that retail sector will remain weak( excluding Mulberry and Burberry who will benefit from tourists taking advantage of cheaper handbags: women buy bags regardless of Brexit "doom and gloom"?)My current thinking is that will buy more ALY shares if 20.5 p to buy( net) as this will return 9.75% per annum based on Two Pence yearly dividend being maintained...and would not expect Koo Kay Peng who owns most of Company to reduce payout.

Judge begs Laura Ashley boss and his beauty Queen ex-wife to "declare an armistice" as their divorce racks up lawyers bills of more than £ 6 million..(Daily Mail) whilst breaking news states that Mr Justice Mostyn is examining preliminary issues over division of money( if the couple fail to agree).

looks like a buy as done a 38.1% retrace on one year high...albeit some brokers aiming to talk it down towards 300 p perhaps.Entire sector looks oversold generally in my humble opinion.