African Battery Metals Share Discussion Threads

[grahamite2] 17/7/2009 09:37

Re director selling at around £2 - I see directors cashing in options granted at under £1, which is not abnormal, and some sales in March when the market was in a bad way.

There are also transfers from personal holdings into SIPPs, a positive vote of confidence. I don't myself see cause for alarm.

[knockers2] 01/6/2009 13:03

change price target

[luderitz] 28/5/2009 17:05

shammytime - 26 May'09 - 09:47 - 384 of 387

"What a ridiculous spread."

What do you expect with an AIM stock -):

[shammytime] 26/5/2009 10:15

08:30GMT 26May2009-Albemarle & Bond up on positive trading

----------------------------------------------------------

Shares in Albemarle & Bond rise 11.5 percent after the British pawnbroker says its annual results will be significantly ahead of market expectations following a good trading performance at its 114 stores and the rising price of gold.

'The higher price of gold, which has enhanced the yield on unredeemed loans, and the introduction of gold buying across the store portfolio since the start of 2009 has had an immediately positive impact and is now in place across the group,' says FinnCap analyst Duncan Hall.

'A&B says it has traded ahead of its own expectations in recent months and results for the year are now expected to be significantly ahead of the consensus market view.'

[shammytime] 26/5/2009 09:47

What a ridiculous spread. They are just forcing buyers away. Order book is still massively on the side of buys. This will blow to 230 at some point today.

[fatfin] 26/5/2009 08:28

H and T the biggest pawnbroker.
ABM the largest pawnbroker.
which one is better or both vying for the same position.
Both doing well.
Been here since 27p and still hanging on.
Fatfin

[shammytime] 26/5/2009 08:06

250 on the cards. L2 looks absolutely stunning. Brilliant.

[shammytime] 26/5/2009 07:37

* Pawnbroking the Company's core business has benefited from the higher price of gold which has enhanced the yield on unredeemed loans.
* Commenced the introduction of gold buying across the store portfolio from January 2009 which had an immediately positive impact and is now in place across the Group.
* Retail sales have been ahead of last year.

We could well open up at 200+ this morning. Fantastic news.

[shammytime] 26/5/2009 07:27

Excellent RNS!! Pile in! :-)

[grupo guitarlumber] 26/5/2009 07:05

TIDMABM

RNS Number : 7529S
Albemarle & Bond Holdings PLC
26 May 2009

?
ALBEMARLE & BOND HOLDINGS PLC
("Albemarle & Bond" or the "Company")


TRADING UPDATE


Albemarle & Bond, the UK's largest pawnbroking business with 114 branches across
the country, announces that it has traded ahead of the Board's expectations in
recent months and results for the year ending 30 June 2009 are now expected to
be significantly ahead of market expectations.
The following represent some of the key points behind the Company's strong
trading performance:
* Pawnbroking the Company's core business has benefited from the higher price of
gold which has enhanced the yield on unredeemed loans.
* Commenced the introduction of gold buying across the store portfolio from
January 2009 which had an immediately positive impact and is now in place across
the Group.
* Retail sales have been ahead of last year.

Greville Nicholls, Chief Executive of Albemarle & Bond, said, "The Company will
deliver a strong trading result for this financial year and looking ahead, we
will continue to focus on expanding our network of UK stores both through the
opening of greenfield sites and through acquisition."


Enquiries:
+-------------+----------------------------------------+---------------+
| Greville | Albemarle & Bond Holdings plc | 0118 955 8100 |
| Nicholls | | |
| Chief | | |
| Executive | | |
+-------------+----------------------------------------+---------------+
| David | | |
| Pattinson | | |
| Finance | | |
| Director | | |
+-------------+----------------------------------------+---------------+
| | | |
+-------------+----------------------------------------+---------------+
| Nick | Smith & Williamson Corporate Finance | 0117 376 2213 |
| Reeve | Limited | |
| David | | |
| Abbott | | |
+-------------+----------------------------------------+---------------+
| | | |
+-------------+----------------------------------------+---------------+
| Tim | Cardew Group | 020 7930 0777 |
| Robertson | | |
| Shan Shan | | |
| Willenbrock | | |
| Catherine | | |
| Maitland | | |
+-------------+----------------------------------------+---------------+


To access more information on the company please visit: www.albemarlebond.com

This information is provided by RNS
The company news service from the London Stock Exchange
END

TSTKGGZKKZLGLZM

[protean] 24/2/2009 16:36

Albemarle & Bond: Questor says Buy

[poppadom2] 24/2/2009 14:27

This company in the last 11 periods of 6 months has in each period increased turnover, profit and dividend. An impeccable record by anyone's standard. what's the best over and above that is that they are one of the very few recession proof businesses growing when others decline. Great stuff, happy days!

[poppadom2] 23/2/2009 14:17

This is better than gold, as more people get into trouble they rely more and more on these guys. Safer than the bank of england I would say with good management and solid heads, steady turnover, profit and dividend rises. No need to be a rocket scientist for the analysis just a long term happy investor.

[waldron] 23/2/2009 12:00

Pawnbrokers get recession boost
Two pawnbrokers have both reported higher profits and further expansion plans, as their businesses continue to benefit from the UK recession.

Bristol-based Albemarle & Bond said it was being boosted by the lack of loans being offered by the mainstream banks, and continuing strong gold prices.

Half year profits rose 19%, with the firm helped by more available space for new stores in the slow property market.

Separately, Cash Converter said its half-year UK profits more than doubled.

The Australian-based company said its UK operating profit rose 120% to £466,000 in the half-year to 31 December 2008. It did not release a pre-tax profit figure.

"This is a very pleasing result," said Cash Converter, which currently has 130 UK stores, and is in the process of opening a further five.

Albermarle, which has 114 UK shops at present, hasn't given an exact figure for how many more it intends to add.

Its pre-tax profit for the six months to 31 December totalled £6.2m.

Albermarle added that it was increasing its half-year dividend by 12.5%, and that it had been further lifted by its takeover, in July 2007, of fellow pawnbroker Herbert Brown.





Story from BBC NEWS:


Published: 2009/02/23 09:40:49 GMT

[grahamite2] 23/2/2009 10:49

It has always been absurd that this company should suffer in the credit crunch. It should have been going up as the rest went down.

[waldron] 23/2/2009 10:46

From Times OnlineFebruary 23, 2009

Albemarle & Bond profits from lending crisis
Pawnbroker's profits are up 19% as cash-strapped Britons seek alternative sources of financing and gold risesCatherine Boyle
Albemarle & Bond, the pawnbroker, said this morning that its profits rose 19 per cent to £6.2 million in the first half as the credit squeeze pushed people towards its shops.

The company said it hopes to expand its presence on the high street as more retailers fail.

Albemarle & Bond, which has 114 stores, said: "The company believes it can now step up the number of store openings to take advantage of this market opportunity."

High gold prices also helped profits as the company's main business consists of lending small sums against jewellery, with the average customer borrowing £120 and repaying the pawnbroker within three months.

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Its pawn book - the amount it lends to people - rose to £27 million at the end of 2008 and was 18 per cent bigger than the previous year.

Trading was helped by an "excellent" performance from Leeds-based pawnbroker Herbert Brown, which Albemarle and Bond bought in July 2007.

[chrismez] 08/12/2008 16:48

Tipped in the Sunday Times Money section yesterday.

[grahamite2] 27/10/2008 08:05

As well it might be. This should be buoyed by the crisis, not taken down with other financials.