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Help for Leather? (PTD)     

hangon - 01 Sep 2005 01:40

A UK leather business I guess they fell on bad times with the BSE and Foot and Mouth. More recently cheap imports and still there is no sign of recovery. This share was 48p only a year or so ago. They have some top-drawer customers (maybe not enough) so why is there no interest here?
/
At this rate they will soon be a recovery play - full market listing (I understand - DYOR) so PEP/ISA-able if recovery is on the cards, or maybe a takeover if their customer-list is still healthy. I still don't have shares in them, but they've been to several Investor Exhibitions in the past. The reason is I like "technology" stocks.

hangon - 21 Nov 2015 01:20 - 12 of 12

Sorry don't really follow... is their Market still falling so expect Leather generally to fall also?
CONsolidations leave me cold, as I don't see they create any "value" unless you are a City Adviser!. Very rarely do they result in a rising sp - more often they make folks look at the business and if they don't-like, they Sell - so a CONsolidation is a signal to sell, before the next man does...
19Nov2015...About 95p mid.
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