Arrow Global Share Discussion Threads

[nurdin] 29/7/2014 09:25

Still on an upward path..would like a chartist's view if someone could oblige..:o)

[opodio] 23/7/2014 15:05

in the words of masterchef, its a very good thing. A very good thing

[nurdin] 23/7/2014 14:30

A rare event, no matter how small the breakout,so should be rejoiced :o)

[cestnous] 23/7/2014 14:01

I'm as enthusiastic a s most of you guys but that really is the smallest of breakouts :¬)

[nurdin] 23/7/2014 10:31

Indeed opodio :o)

[sarah_jane] 17/7/2014 09:28

Fair point ItchyCrack, just think it will get dragged down with other stocks. But if it doesn't, good news for holders! Needs to clear 240p cleanly first imo.

[opodio] 17/7/2014 09:27

Current mood :

[itchycrack] 17/7/2014 09:21

On the contrary, technically this is now primed for a breakout above 240p in the coming days. A move to 260p should be on the cards soon as so far (at the time of writing) 240p is beginning to act as support. All IMHO of course.

[sarah_jane] 17/7/2014 09:17

I'm out for now. Can't break 240p and markets will be choppy until the end of July going on past trends. Plus no news until August so nothing to drive the price higher in the interim so likely to drift lower with the rest of the market. Happy to buy back in again prior to the results, but banked profit for now. Good luck holders.

[nurdin] 16/7/2014 19:45

Closed above 240p which bodes well

[nurdin] 14/7/2014 11:48

Chart looks very enticing...higher lows and higher highs of late

[cestnous] 09/7/2014 11:44

You expect relevance? £10 by Christmas. :¬)

[djderry] 09/7/2014 10:58

No,I have several professions which I pursue,is this relevant?

[n3tleylucas] 09/7/2014 00:17

Didn't you just lose your job?

[djderry] 09/7/2014 00:15

Thanks Techno,I appreciate that and of course I've looked at that.I take all that stuff with a grain of salt.I could give you many examples of companies who make all kinds of claims,have great figures and then go bust.No,what I mean is when these guys are dealing with a defaulter,how do they get him/her to engage when other debt collaction agencies have failed,then how much does it cost them and over what period of time.How robust is their audit system.How soon will it flag rising default rates?How scalable is their business? In other words,how likely is it that they take on too many debt portfolios and their business deteriorates? I've been studying their various presentations and I'm still at the 'getting to know you phase'.I've managed to make a little money from debt factoring companies but I've also lost many tens of thousands of pounds in Cattles and I would not like to repeat the experience.P.S. No need to feel sorry for me,I've repaired the portfolio.

[technofiend] 07/7/2014 22:50

djderry, there is plenty of such information in their IPO presentation available on their website.

Their collections process is driven by intensive data analytics, which are apparently the best in the UK.

[opodio] 07/7/2014 22:38

Dividend coming soon

[djderry] 07/7/2014 17:20

Re IC article,I wonder how they 'squeeze' more value? Is there somewhere shareholders can get more detail on the process? Is it labour intensive? How do they collect? What happens when customers don't pay? I'm interested in the company but very,very cautious.

[nurdin] 04/7/2014 15:02

25k buy at 240p...nice

[cestnous] 04/7/2014 09:32

ARROW GLOBAL A RW4
From I.C. today

Arrow Global (ARW) – which squeezes value from distressed debt portfolios purchased from mainstream lenders – has continued to make progress. During the second quarter, it purchased three debt portfolios from Portuguese lenders with a face value of £800m for an aggregate £62.4m.
That will significantly bolster Arrow's existing Portuguese business and has led broker Numis Securities to upgrade its 2014 earnings forecast by 2 per cent to 17.3p, while its 2015 and 2016 estimates have been boosted by 6 per cent (to 21.6p) and 10 per cent (to 24.9p), respectively. The greater earnings impact from the deals in future years reflects the litigation structure in Portugal, which brings collection costs forward.
These latest deals will boost Arrow's robust growth profile, yet the shares – at 231p and trading on 13 times 2014's forecast earnings – are rated inexpensively compared with those in arguably lower-growth lending operations that focus on sub-prime credit. We reiterate our recent buy tip. JA
Buy

[nurdin] 04/7/2014 09:23

Had a call back from the company.All the details regarding the Portugese portoflio
acquisition will be provided at the time of the Interims in August.The objective of the rns was simply notify the market of the acquisition and that they are now ahead of their plans.

The 10yr ERC is 2.4x the price paid...ie Eur 187m..if I heard him correctly.

[cestnous] 03/7/2014 11:36

Exactly what I was going to say Lennon;

[lennonsalive] 03/7/2014 10:54

If we can just push above 240p now and out of this upward channel

[nurdin] 03/7/2014 10:44

Good to see the share price responding ,however.