Oh dear . . . this was 1.60 just over a year ago, so close to a 90% fall - and whilst much of this is general Retail Woes ( although that isn't their Business),
In reality they supply the "Do It For You" market ( where folk employ a bespoke-fitter).
+ They operate a catalogue and this appeals to the Trade, since folks can choose the bits . . . then it's priced separately . . .that seems to be the way the Market is going, since the average DIY-er . . . . . is rubbish by comparison and won't add-value to the house.

However, this is in a falling Markety - that's bad enough - However, the real Wammy is this notional G'tee of MFI-rental - er . . ?
(Yes, it seems when they were spun-off, someone though this was a good idea . . . .Doh!)
Reading Co estimates shows this doesn't resolve itself until 2014 - who thought that was a deal, - not me . . . . . unless a different use can be found . . . but dunno.
Hopefully they can escape this millstone . . . . but that must be worrying.


EDIT (Nov08) - MFI into Administration- the "rental liability" is a hot-issue, but also other monies lent to the old business . . . . just look at GFRM's miserable sp.
EDIT (22Jy09).Good News it seems -and sp rises 24% - yet curiously, Trades are Sells NINE times the Buys.....Howzat? . . . . Watch for a fall tomorrow?