Oddly, shares in Laura Ashley (ALY) crashed before they were suspended at 10.32 AM on news that administrators were to be appointed at the PLC and trading subsidiaries. But as this is the London stockmarket there can be no suspicion of any insider dealing can there? No sniggering at the back please.
Laura Ashley (ALY) “is pleased to announce that discussions between Wells Fargo and MUI Asia Limited relating to the group's immediate funding requirements have concluded and the group should be able to utilise requisite funds from its working capital facility with Wells Fargo to meet its immediate funding requirements” – and the shares have currently responded to 1.90p, around 15% higher. However…
Previously writing on homeware and fashion retailer Laura Ashley (ALY), on its latest results in August I concluded there looks much to correct – and then there is of course the current general retail climate. As such, I’m not surprised to see the shares respond currently further lower. Still presently on the bargepole list. The shares had jumped over Christmas and the New Year but are currently back below 2p on a “Response to press speculation”…
Previously writing on homeware and fashion retailer Laura Ashley (ALY), I concluded including the continuing rapid trading deterioration concerns – particularly in terms of what the balance sheet will look like by the year-end. The company has now announced results for its year ended 30th June 2019…
In 2017 I wrote on homeware and fashion retailer Laura Ashley (ALY); a 1:30pm “Notice of Results & Trading Update”. Routine, right? Er…. At 10:29am today another such announcement…
A 1:30pm “Notice of Results & Trading Update” announcement from Laura Ashley (ALY). With the time of it and “Notice of Results” stated first, surely just a routine announcement? Right?...
