Land of Leather trades at a discount to its peers, generates a lot of cash, increases sales and profitability every year, the recent charts are excellent and the capitalisation to sales ration its one of the best in retail. Perhaps unfairly tarnished by being constantly compared with the basket case, MFI.

Currently 6/7p could go to the wall by Xmas.

5p now this is the end.

The markdown suggests to me that the MM's know their time is up.

Don't own but have made money in the past.
A shame ..

lol

Are they worth a gamble..?

Not one I would go for. Big ticket items proving hard to shift. Notice that Marks recently selling suits at 40% discount. Probably better punts elsewhere in the market.

Are they a buy thats thge question look at the Nav.

down 50% wow.

Down and out.

Another example where assets not much use when you can't pay the bills.

Had no debt either which is warning to every company and is why many AIM stocks are trading at 1-2p. Everyone at risk.