Discover Leisure loss widens

Discussion in 'Motorhomes in the News' started by News, May 29, 2008.

  1. News

    News NewsHound

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    Discover Leisure loss widens, says meeting Q4 expectations a challenge

    LONDON (Thomson Financial) - Caravan and motorhome dealer Discover leisure Plc. said meeting trading expectations in the final three months of the year will be challenging due to the economic conditions.

    Announcing a pretax loss of 1.8 million pounds for the six months to end February, widening from 788,000 pounds the previous year, and revenue up to 51.8<!-- start of mpu --> <script type="text/javascript">loadAd('mpu');</script>million pounds from 10.1 million, the group said its first half was in line with expectations. However, it added that the outlook for the second six months is more uncertain.

    The operator of 16 branches across the UK said the normal seasonal uplift was depressed by an early Easter and worse than average weather which led to lower than expected results in March and April. The group added that better weather in May heralded a clear uplift with higher volumes in all areas which were closer to expectations.
    simon.meads@thomsonreuters.com sjm 28 May 2008
     
  2. Jim

    Jim Ringleader

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    I think discover leisure own Barrons the motorhome dealer among others. Looks like things are going to get tough in the motor leisure industry if they aren't already:Eek!:
     
  3. euro

    euro Read Only Funster

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    Indeed, hopefully the smart ones will have tucked something away for the rainy days.

    Lets face it, they must have been raking it in for the past 5+ years. The volume of expensive motor homes on the road has never been higher.
     
  4. Johns_Cross_Motorhomes

    Johns_Cross_Motorhomes Trader - Motorhome & Accessory Sales

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    Big isn't neccessarily profitable, some people have lost an awful lot of money on DSL's share price. Was a high of 30p now hovering around the 7p mark:cry:

    For the full report click on interim results

    London Stock Exchange - DetailedPrices
     
  5. Johns_Cross_Motorhomes

    Johns_Cross_Motorhomes Trader - Motorhome & Accessory Sales

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  6. Road Runner

    Road Runner Read Only Funster

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  7. Johns_Cross_Motorhomes

    Johns_Cross_Motorhomes Trader - Motorhome & Accessory Sales

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    Go mad and buy 10 if you got 30p to spare:RollEyes:
     
  8. dylan

    dylan Read Only Funster

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    They don't call you del boy for nothing do they RR :Rofl1::Rofl1:
     
  9. potjoe

    potjoe Read Only Funster

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    best time to buy

    Now is the best time to buy that`s if you have the money!,as they can only go one way.
     
  10. Road Runner

    Road Runner Read Only Funster

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    Now thats just plain reckless:Wink::Blush:


    :Rofl1::Rofl1::Rofl1::Rofl1:
     
  11. buccaneer

    buccaneer Read Only Funster

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    Whats the minimun share holding for share holders perks and any one know what they might be?
     
  12. mnd

    mnd Deleted User

    I think all dealers must be feeling the pinch :Sad: Ebay

    Dave
     
  13. dshague

    dshague Funster

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    there is a lot of discounting at the moment ,saw a add in mail £6000 of retail on autocruis :Eeek:
     
  14. Johns_Cross_Motorhomes

    Johns_Cross_Motorhomes Trader - Motorhome & Accessory Sales

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    Depends on how fat you are whether the pinch hurts!:Rofl1::Rofl1::Rofl1:


    Peter
     
  15. Road Runner

    Road Runner Read Only Funster

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    Dont panic things will be OK now i bought the shares:Wink:
     
  16. Johns_Cross_Motorhomes

    Johns_Cross_Motorhomes Trader - Motorhome & Accessory Sales

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    Better get a T shirt then as a TRADE MEMBER!:Rofl1::Rofl1::Rofl1:
     
  17. Road Runner

    Road Runner Read Only Funster

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    Nah going to take a back seat on this one:Wink:
     
  18. Johns_Cross_Motorhomes

    Johns_Cross_Motorhomes Trader - Motorhome & Accessory Sales

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    CHICKEN! tut tut stand up and be counted now your a Trader:shout:
     
  19. moandick

    moandick Read Only Funster

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    I haven't felt the pinch since I last played 'the Dame' in a pantomime in Andover many moons ago. :cry::cry:
     
    Last edited: Aug 25, 2008
  20. Road Runner

    Road Runner Read Only Funster

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    I'll have to liquidate my share if this high pressure exposure continues:Doh:
     
    Last edited: Aug 26, 2008

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