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.

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.