Leon's Furniture

LNF-T

TSE:LNF

18.51
0.05 (0.27%)
Leon's Furniture Ltd. Meubles Léon Limité in Ontario is a Canadian furniture retailer which first opened its store in 1909 in Welland, Ontario.
More at Wikipedia

Analysis and Opinions about LNF-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
October 3, 2013

(A Top Pick October 30/12. 16.23%.) A great Canadian brand name. The purchase of Bricks will really benefit them in the long run. They own lots of property, so you are not paying a lot for the furniture business. Their property is worth at least $5 a share.

Show full opinionHide full opinion
Leon's Furniture (LNF-T)
October 3, 2013

(A Top Pick October 30/12. 16.23%.) A great Canadian brand name. The purchase of Bricks will really benefit them in the long run. They own lots of property, so you are not paying a lot for the furniture business. Their property is worth at least $5 a share.

BUY
BUY
September 18, 2013

Was a glitch with respect to competition regarding Brick, which they acquired. A fine business.

Show full opinionHide full opinion
Leon's Furniture (LNF-T)
September 18, 2013

Was a glitch with respect to competition regarding Brick, which they acquired. A fine business.

TOP PICK
TOP PICK
August 29, 2013

Trades at a very low multiple. Its purchase of Brick was a good acquisition. This gives them a lot of synergies. Also, have about $5 a share in the properties they own. 3.2% dividend yield and they pay special dividends on occasion.

Show full opinionHide full opinion
Leon's Furniture (LNF-T)
August 29, 2013

Trades at a very low multiple. Its purchase of Brick was a good acquisition. This gives them a lot of synergies. Also, have about $5 a share in the properties they own. 3.2% dividend yield and they pay special dividends on occasion.

TOP PICK
TOP PICK
August 7, 2013

Thinks they have made a transition by acquiring the Brick. They are going to keep both names in place and he expects it will be great synergies coming out of the supply chain. Will have purchasing power. Most furniture companies trade at 15-17 times and this one is trading at only 10 times. Yield of 3.18%. Should be worth $17-$18 over the next year.

Show full opinionHide full opinion

Thinks they have made a transition by acquiring the Brick. They are going to keep both names in place and he expects it will be great synergies coming out of the supply chain. Will have purchasing power. Most furniture companies trade at 15-17 times and this one is trading at only 10 times. Yield of 3.18%. Should be worth $17-$18 over the next year.

DON'T BUY
DON'T BUY
July 16, 2013

Competition Bureau’s concerns will weigh heavily on the stock for some time. Feels this is expensive relative to other plays. (See Top Picks.)

Show full opinionHide full opinion

Competition Bureau’s concerns will weigh heavily on the stock for some time. Feels this is expensive relative to other plays. (See Top Picks.)

TOP PICK
TOP PICK
May 30, 2013

Big box Canadian furniture company. Recently acquired Brick which was a good acquisition. Nice dividend yield of 3.13%. Occasionally pays a special dividend. Own a lot of the properties that their stores are located on. Family owns a lot of the stock.

Show full opinionHide full opinion

Big box Canadian furniture company. Recently acquired Brick which was a good acquisition. Nice dividend yield of 3.13%. Occasionally pays a special dividend. Own a lot of the properties that their stores are located on. Family owns a lot of the stock.

PAST TOP PICK
PAST TOP PICK
April 25, 2013

(Top Pick Apr 17/12, Up 11.28%) Tightly held and owns Brick now. It’s a cheap stock at these levels. Nice yield. They own a lot of the properties they sit on. They know how to run the furniture business.

Show full opinionHide full opinion

(Top Pick Apr 17/12, Up 11.28%) Tightly held and owns Brick now. It’s a cheap stock at these levels. Nice yield. They own a lot of the properties they sit on. They know how to run the furniture business.

TOP PICK
TOP PICK
April 1, 2013

Bought the over levered Brick that was in the penalty box. LNF had no debt. Earnings are going to increase. The big concern in the market is Canadian housing, but he thinks it is all about employment, which is increasing in Canada. He would not expect it to go down as much in a correction.

Show full opinionHide full opinion

Bought the over levered Brick that was in the penalty box. LNF had no debt. Earnings are going to increase. The big concern in the market is Canadian housing, but he thinks it is all about employment, which is increasing in Canada. He would not expect it to go down as much in a correction.

TOP PICK
TOP PICK
March 28, 2013

Just acquired Brick Furniture at the right time. It had no debt but has a little now. Not covered by the street very much but it continues to grow. Family owned and they are concerned about shareholder value. Own a lot of their properties that their businesses sit on. Calculated BV was $5-$8 and the stock is around $12, so you still have a very good opportunity for them to do very well over the next little while. Nice yield.

Show full opinionHide full opinion

Just acquired Brick Furniture at the right time. It had no debt but has a little now. Not covered by the street very much but it continues to grow. Family owned and they are concerned about shareholder value. Own a lot of their properties that their businesses sit on. Calculated BV was $5-$8 and the stock is around $12, so you still have a very good opportunity for them to do very well over the next little while. Nice yield.

TOP PICK
TOP PICK
February 28, 2013

3.5% yield – they just bought The Brick. Own a lot of the properties under their stores. It is a great opportunity with The Brick purchase. It gives them a lot of assets in Western Canada.

Show full opinionHide full opinion
Leon's Furniture (LNF-T)
February 28, 2013

3.5% yield – they just bought The Brick. Own a lot of the properties under their stores. It is a great opportunity with The Brick purchase. It gives them a lot of assets in Western Canada.

TOP PICK
TOP PICK
January 21, 2013

Their acquisition of The Brick was great, as they bought their major competitor. Pristine balance sheet. The Brick will double earnings. Only covered by BMO.

Show full opinionHide full opinion
Leon's Furniture (LNF-T)
January 21, 2013

Their acquisition of The Brick was great, as they bought their major competitor. Pristine balance sheet. The Brick will double earnings. Only covered by BMO.

TOP PICK
TOP PICK
October 30, 2012

Great company. Great brand-name in Canada. No debt and trades at about 15X earnings. 3.5% yield. Have $1 a share in cash. Own all the property that their stores are on and the value of it is about $5-$6 a share. Your basically getting the furniture business for free.

Show full opinionHide full opinion
Leon's Furniture (LNF-T)
October 30, 2012

Great company. Great brand-name in Canada. No debt and trades at about 15X earnings. 3.5% yield. Have $1 a share in cash. Own all the property that their stores are on and the value of it is about $5-$6 a share. Your basically getting the furniture business for free.

TOP PICK
TOP PICK
April 17, 2012
Great Canadian brand. No debt. 3.3% yield. Own a lot of the real estate their stores are on and this is almost the value of their market cap. Makes sense to buy it here. Their family has done a great job of running it and may pay a special dividend soon. Thinly traded.
Show full opinionHide full opinion
Great Canadian brand. No debt. 3.3% yield. Own a lot of the real estate their stores are on and this is almost the value of their market cap. Makes sense to buy it here. Their family has done a great job of running it and may pay a special dividend soon. Thinly traded.
TOP PICK
TOP PICK
February 23, 2012
Management is so solid. There is no debt on the balance sheet. Even if the economy falls off you still have to renovate your home to stay in it. You are almost getting the on going business for a really cheap valuation.
Show full opinionHide full opinion
Leon's Furniture (LNF-T)
February 23, 2012
Management is so solid. There is no debt on the balance sheet. Even if the economy falls off you still have to renovate your home to stay in it. You are almost getting the on going business for a really cheap valuation.
BUY
BUY
January 12, 2012
Generous special dividend. Great management team. Increased dividend over time. It’s fairly illiquid.
Show full opinionHide full opinion
Leon's Furniture (LNF-T)
January 12, 2012
Generous special dividend. Great management team. Increased dividend over time. It’s fairly illiquid.
Showing 31 to 45 of 55 entries