Ramsdens Share Discussion Threads

[qs99] 03/12/2019 08:36

p/e of 10 would on that H1 EPS put it on over £3, why are we looking at £2.50?

EV/EBITDA is better and even lower currently as value metric & increasing yield....?

[lammylover] 03/12/2019 08:28

There's a few selling into the rise now. Either profit taking or top slicing - nothing wrong with that; but I'm holding on for 250p. This update should get some broker upgrades and a bit of positive press coverage to drive to 210p within a week. Just my thoughts, for what they are worth. GLA holders, Rich

[yump] 03/12/2019 08:17

Well I don't like the phrase no-brainer, but had to have some more... then its just a case of sitting and waiting imo.

[qs99] 03/12/2019 08:07

Cracking set of results:

Net Cash now makes EV c.£50m in my view with c.£8.5m EBITDA for the half year and 16pEPS....

so fast approaching c.£20m EBITDA possibility in the near future IMO, why not.....with more cash for more store openings etc.

Divi is up 13% as well....

DYOR, but IMO this is undervalued by many metrics.....

[yump] 03/12/2019 07:50

This seems significantly underrated after these results. Could easily be a reliable long term grower. I’m sure at some point the rating will jump - after all theres not many sensibly rated growth retail stocks around.

[lammylover] 03/12/2019 07:50

ADVFN level 2 - pay for it though! Essential for trading IMO

[hawaly] 03/12/2019 07:44

Hi Lammy

Could I ask where you can see the MMS prices?

Thanks

GLA

[lammylover] 03/12/2019 07:43

MMs adjusting price, now flat on open 198p/202p

[cwa1] 03/12/2019 07:43

I wouldn't worry about Market Maker prices at this time of the day. The morning auction period hasn't even opened yet...

[lammylover] 03/12/2019 07:40

Great results = well done Board!!

I see the MMs have marked this down 0.8% for the market opening with bid at 195p and ask at 202p.

They are trying to get your shares cheaply (don't let them) should end the day with price above 200p IMO.

Looking for some good coverage in investors chronicle later in the week to continue price drive back to 210p+. Rich

[podgyted] 03/12/2019 07:33

They look good to me.

All revenue streams up, especially liked:-

"Ramsdens exchanged £340m of foreign currency during the Period for more than half a million FX customers. Against a backdrop of consumer uncertainty created by Brexit and the weakness of sterling, this performance is testament to our great rates and outstanding customer service."

Over to the market.

[fozzie] 03/12/2019 07:30

Better than 'good' I'd say, well done Ramsdens.

[qs99] 02/12/2019 15:26

good luck tomorrow all RFXers

[lammylover] 02/12/2019 14:12

Looks like the weak hands are selling now at 197p. I'm holding out for 250p later next year. New shops still opening, see this as a growth share...

[lammylover] 02/12/2019 13:37

Funny things shares - even at 200p, there's 5% upside here up to 210p, where we were at a couple of weeks ago. Not much interest today with only 37,351 shares traded so far.
However, I bet if tomorrows RNS starts "we are pleased to announce", there will be a massive rush to buy at a higher price....! LOL Rich (fingers crossed)

[qs99] 02/12/2019 12:54

edging back through £2

[yump] 02/12/2019 11:04

Yes, here's hoping. 2 years is quite a long time at this level !

[qs99] 02/12/2019 10:45

Maybe, but sense some instis like to see the detail before jumping in IMO...likewise will get coverage (hopefully if IR team are on the job) and so could see a flurry of buying, let's see...am positive!

[yump] 02/12/2019 10:42

Results were flagged in the update, so shouldn't be any surprises either way, so unless larger investors are waiting for the ink to actually hit the paper before buying, could be stuck at the 200-210p level until some new news appears - or election done ?

[qs99] 02/12/2019 10:12

anyone topping up ahead of tomorrow?

[qs99] 02/12/2019 09:38

Results tomorrow, nice to see an uptick ahead of that.....DYOR and GLA

[lammylover] 01/12/2019 07:00

6 month results to end Sept, are out on Tues 3/12..

[dangersimpson2] 26/11/2019 13:35

They've not bought or sold, it's just the merger changing the beneficial holder - you will see a fair few of these over the last week or so.

[qs99] 26/11/2019 13:31

Decent 8% stake taken by PREMIER MITON GROUP PLC IMO....bodes well?

[yump] 21/11/2019 12:55

Now its got to do the 200p support thing all over again...