Arrow Global Share Discussion Threads

[fargonorthdakota] 15/5/2014 08:14

Lots of buying this morning, no news.. What's going on?

[bartolozzif] 14/5/2014 09:28

The annual general meeting will take place on 28 May 2014.

[bartolozzif] 14/5/2014 09:03

Would so love Arrow to complete this purchase

Borro, Paul Aitken (CEO)
 Borro is the leading personal asset lending platform in the US and the UK.
 The group has delivered +85% CAGR in loan origination over the last 3yrs and in
2014 delivered revenues of $24m.
 Borro is highly profitable, with a 58% gross margin while strong re-use patterns
drive lifetime profit of $4.2k per client.
 Borro engages in low risk lending, with no equity used to fund loans and has
$100m+ of available debt and would recover 140% of principle on defaults.
 Its personal asset loans have a deal size of $1k-2m, a term of 6m at an interest rate
of 2.49-3.99% p/m with a zero prepay penalty. Loans can be completed on the
same day and Borro can also provide a loan advance at 1% p/m ahead of a
planned asset sale.
 Typical Loan to Value is 70% on Watches & Diamond Jewellery, 50% on Fine Art &
Antiques, 65% on Gold, 50% on Prestige & Classic Cars and 50% on other items.
 Borro offers a faster, more certain and better value liquidity option for clients who
wish to retain ownership.
 Borro serves a broader range of liquidity needs than other short-term credit options
and is competitively priced.
 The group has grown at +85% over the past 3yrs and expects this to accelerate to
90-100% in 2014.

[nurdin] 11/5/2014 10:21

Yes that is very likely.Also they have a £55m revolving credit facility in place which hasnt been used yet.I have no idea what they need to make a meaningful acquisition of the barclay assets.

Edit: However,having said that, they acquired assets with face value of £1.37bn for £101m last year .

[cambium] 11/5/2014 09:53

I think Barclays will help fund the acquisition either by holding stock or lending at favourable rates.

[nurdin] 09/5/2014 10:55

However it begs the question as to whether they have the resources to buy the Barclay assets

[nurdin] 09/5/2014 10:19

yes thanks opodio...

[cestnous] 09/5/2014 10:15

Cheers Opodio

[opodio] 09/5/2014 10:12

Numis

Arrow Global
Industry Update
Barclays Bad Bank Opportunity?
Today Barclays announced the creation of a Bad Bank into which they have
allocated a total of £115bn of Risk Weighted Assets (RWAs). Having spoken to
Barclays they confirmed they would be happy to sell opposed to letting these
assets run-off. We believe the Barclays Bad Bank assets fall outside Arrows market
growth expectations this year (10%) and these assets could potentially,
significantly expand the market. Given Arrow's existing relationship with Barclays
we believe there is the potential for a possibly substantial acquisition that would
inevitably lead to forecast upgrades. We believe the Barclays Bad Bank evidences
the scale of opportunity in the debt purchase market. Following the recent share
price weakness we upgrade our recommendation to Buy from Add.

[nurdin] 01/5/2014 09:26

Looks like sentiment is changing here..:o)

[revoman] 30/4/2014 08:26

ARW looking very perky this morning...

[montynj] 30/4/2014 08:25

Sharewatch had recommended ARW but note today's fantastic maiden results from their other tip this year. Gameaccount (GAME) Net Revenue increased by 123% to 12.3m (2012: 5.5m) .Ebitda1 from3.8m to 4.1m (2012: GBP0.3m. Pretax to GBP1.6m (2012: LossGBP1.0m). Eps to 0.04 (2012: 0.01Note the almost £17m cash and £4.1m EBITDA against the £59m m/cap.

[fargonorthdakota] 29/4/2014 09:22

Three massive buys (each over 1m shares) have just gone through - showing as ordinary trades - wonder what that is for!

[cestnous] 23/4/2014 09:25

As a very famous investor once said; "I never made money buying and selling, I made it while waiting." (Hopefully not on tables.)

[mortimer7] 23/4/2014 08:53

Decent uptick yesterday & up slightly so far this morning albeit on low volume.
Be interesting to get a chartists view of the short term if we end the day positive.

[choppa] 17/4/2014 17:51

Annual report been posted then on their website. Some reading for me this weekend then!

[billy_liar] 17/4/2014 15:13

Old news now AISHAH. Do try to keep up.

:-D

[aishah] 17/4/2014 14:28

Wednesday 16 April 2014
Erudio Student Loans: Reader has cash wrongly taken from account by debt collecto
Unwelcome attention imo. Will try and ping the Co. time permitting.

[envirovision] 15/4/2014 11:54

If you turn the chart upside down, it actually looks quite tempting

[montynj] 15/4/2014 11:50

Blackrock increases their holding

[cestnous] 14/4/2014 15:43

When I was a student, I got a big grant, all my fees were paid and believe
me, it was party time! Now the government erroneously thinks that everybody needs a degree and if you want one, you have to pay for the privilege. Unless daddy is rich.

[cornishman33] 14/4/2014 15:41

'Another reader said 'my housing benefit, child tax credits and child benefit along with child maintenance are classed as income.'

So that's why I am paying so much tax. I have often wondered where it all goes.

[aishah] 14/4/2014 15:38

Six out of 10 graduates will not earn enough to repay their student loans. In the current system, you start repaying your debt at a rate of £30 per month when you earn at least £16,910 a year. Given that the average debt is £44,000, this means the government could be waiting 122 years to get its money back. Sunday Times