Any Comments on LBT, ?,..

[#1]

Damn resilient lot this bunch,... Why/How so? anyone have any insights here ?

[el_torro]

Just an opinion only: They're invested in the best of UK real estate, and whether or not there are other economic pressures, land, brick 'n mortar and good tenant covenants (leases) all constitute a solid foundation for a business (contractual income + security of capital + income & capital growth); in addition, have a look at the share price relative to its' NAV & you'll see that there's not as much disparity compared to balance sheets of other businesses... Maybe?

[barry_1]

Also have a look at Share discussion former posts on this share.By the way i always place any comments under share discussion as then the thread lasts for up to a year and that allows for continuity.

[#4]

Yeap,. i gathered that regarding their portfolio,.. So it's only sub prime yob o's that are getting hit,.. SO much for ABSA's flashy advertising,. lol,..

[Preston]

LBT is placing itself into liquidation.

[#6]

Thanks for that though,,,.. Still looks bearish for them all thru latter 2007,. !? and how will property prices etc up coming affect their portfolio,..

[#7]

Links baby,. Links,. i wanna read that with my own two eyes,..