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Ashley (Laura) Holding (ALY)

Sector:

General Retailers

Index:

FTSE Small Cap

Market Cap

£116.44m

Change Today

Price Unchanged0.000p ()

Share Price

16.00p

Baugur abandons pursuit of Moss Bros

Date: Tuesday 27 May 2008

LONDON (ShareCast) - Stakebuilding by Laura Ashley has sabotaged Icelandic investment group Baugur's bid for menswear retailer Moss Bros.

Baugur pulled out of the deal after completing due diligence because changes to the company’s shareholder base since the indicative bid was first announced made the “execution risk” unacceptable.

Baugur’s comments are a reference to home furnishings and fashion group, Laura Ashley, which has built up a 9.9% stake in Moss Bros, paying as much as 47p a share for its shares – 5p above Baugur’s 42p a share indicative offer.

“We are disappointed by recent developments that have effectively frustrated our proposed offer, but remain supportive of the management team,” said Gunnar Sigurdsson, chief executive of Baugur Group.

“Baugur is keen to continue to work with the board, management and other major shareholders to identify ways to unlock the potential in the business,” Sigurdsson added.

Baugur’s withdrawal prevents the group from making an offer for Moss Bros for six months unless there is a material change in circumstances, such as a rival bid.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ALY Market Data

Currency UK Pounds
Share Price 16.00p  
Closing Price Change 0.000p
52 Week High 27.75
52 Week Low 14.00
Volume 35,000
Shares Issued 727.76m
Market Cap £116.44m
Beta 0.03
RiskGrade 380

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
15.82% below the market average15.82% below the market average15.82% below the market average15.82% below the market average15.82% below the market average
52.11% below the sector average52.11% below the sector average52.11% below the sector average52.11% below the sector average52.11% below the sector average
Price Trend
33.50% above the market average33.50% above the market average33.50% above the market average33.50% above the market average33.50% above the market average
43.24% above the sector average43.24% above the sector average43.24% above the sector average43.24% above the sector average43.24% above the sector average
Income
67.44% above the market average67.44% above the market average67.44% above the market average67.44% above the market average67.44% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Growth
63.28% above the market average63.28% above the market average63.28% above the market average63.28% above the market average63.28% above the market average
65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average
Price Chg 6m
18.95% above the market average18.95% above the market average18.95% above the market average18.95% above the market average18.95% above the market average
29.73% above the sector average29.73% above the sector average29.73% above the sector average29.73% above the sector average29.73% above the sector average
P/E
6.63% below the market average6.63% below the market average6.63% below the market average6.63% below the market average6.63% below the market average
36% below the sector average36% below the sector average36% below the sector average36% below the sector average36% below the sector average
PEG
41.96% above the market average41.96% above the market average41.96% above the market average41.96% above the market average41.96% above the market average
31.03% above the sector average31.03% above the sector average31.03% above the sector average31.03% above the sector average31.03% above the sector average
Dividend Yield
63.46% above the market average63.46% above the market average63.46% above the market average63.46% above the market average63.46% above the market average
34.69% above the sector average34.69% above the sector average34.69% above the sector average34.69% above the sector average34.69% above the sector average
EPS Growth
69.90% above the market average69.90% above the market average69.90% above the market average69.90% above the market average69.90% above the market average
82.98% above the sector average82.98% above the sector average82.98% above the sector average82.98% above the sector average82.98% above the sector average
Operating Margin
1.96% above the market average1.96% above the market average1.96% above the market average1.96% above the market average1.96% above the market average
45.95% above the sector average45.95% above the sector average45.95% above the sector average45.95% above the sector average45.95% above the sector average

ALY Dividends

  Latest Previous
  Interim 2nd Interim
Ex-Div 15-Oct-08 23-Jan-08
Paid 07-Nov-08 15-Feb-08
Amount 0.50p 0.50p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

ALY Key Personnel

CEO Lillian Tan
COO Michael Kingsbury
Finance Director David Cook

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