Viewing Opinion | StockChase
Leon's Furniture (LNF-T) opinion on 2012-10-30

Last Price Recorded: 18.5700 on 2017-11-17

ON STOCKCHASE SINCE Apr 2002

specialty stores
TOP PICK

Paul Harris, CFA
Leon's Furniture was $11.500 at time of opinion
Owned : Yes

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.

OPTIMISTIC

All opinions for LNF-T (46)

5 BUY
5 COMMENT
1 DON'T BUY
1 HOLD
1 PARTIAL BUY
15 PAST TOP PICK
17 TOP PICK
1 WEAK BUY
View All

More experts covering LNF-T

SAVE
Add LNF-T to Watch List

All opinions for LNF-T (46)

5 BUY
5 COMMENT
1 DON'T BUY
1 HOLD
1 PARTIAL BUY
15 PAST TOP PICK
17 TOP PICK
1 WEAK BUY
View All

More experts covering LNF-T

SAVE
Add LNF-T to Watch List
Post Comment

2 Comments

Sue

November 1st 2012 at 3:23pm

It is a good company. If you are prepared to wait, and think that economy will improve, this is a good one. Last couple of years stock price has not done much (2004 $13). Today it is $11.53. Personally would like to see it under $10 before I buy. Dividend of 3.4% quarterly.

Disclosure: I do not as of writing this, own this stock.

Sue

November 1st 2012 at 3:26pm

Sorry typo : meant to say 2007 $13 per share.

Can't see a way to edit original post


You must be logged in to comment.

Successfully Saved Company