| Date | Subject |
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25/3/2021
06:49 | ttny2004: Cyclone - maybe. In results just states terms in reference to offer which maybe exactly that type of thing. Who stars who goes and exit packages etc.In results some in interesting observations:-- Plan to resume dividend payments earlier than originally planned, with a final dividend in respect of year-end 2021-- Payments better than provisions written down so if that continues will mean increased cashflow going forward coming back to balance sheet.-- Still very strong opportunities being realised and seen.So all positive offer or no offer I believe.Next update on offer 1st Apr. Not long to wait. Ironically April Fools day. Let's hope does not turn into Investors Fools day lol.
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08/2/2021
15:13 | archy147: I too was in at 80p and thoroughly believe in the future prospects of the company, but the share price of 295p felt too good to turn down so have sold out.
Hoping for a dip so I can buy back in - I still thlink ARW is going places post pandemic
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08/2/2021
09:47 | galeforce1: Nice surprise on a Monday morning as I bought 10k shares as total punt under £1. Just a bit of luck, because I knew almost nothing about ARW at the time.
Any chance of a second offer coming in higher?
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23/11/2020
21:33 | thewheeliedealer: Hi all,
My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion includes ARW which Peter C3 holds himself. We also chatted about loads of other Stocks and Ideas for research and did a particular bit about Luck vs Skill. We also discussed the outlook for Markets and as usual a fair bit of educational stuff with regards to Investing.
Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 36) and you can find it on Soundcloud at the link below. It is also now on Youtube.
I hope you enjoy it and find it useful,
Cheers, WD
@wheeliedealer
hTTps://soundcloud.com/user-479955511/conkers3-wheeliedealer-36-market-bounce-winners-tm17-uls-hfd-gaw-purp-arw-reci-hsp-ai
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25/8/2020
08:50 | ammu12: Riverman, have a look at their forecast for H2 and reasons for writedowns...This business is a bit different to your normal company.Beyond the cash position and £2.6b of fund management, I think the most important but maybe overlooked part of todays result is:"With 1.1 billion of discretionary undeployed fund management capital, we are extremely well placed to be a leading investor in this huge market with increasingly attractive returns"ARW are in a very good position to capitalise.
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04/6/2020
09:47 | archy147: Nice to see this moving in the expected direction. ARW has the highest weighting in my portfolio. Can't think of any other company quite like this one - its share price has been badly battered by Coronavirus but as we move into recession it's going to be GOOD for their business (Check out their annual report for confimation of this). Anticipating a large multi bagger here.
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21/5/2020
09:27 | martindjzz: Elsa, I think there are concerns about debt. In January 2021 the bank secured net debt covenant reduces to 4.3 x Adjusted EBITDA. Assuming net debt remains unchanged at £1,285m this requires Adjusted EBITDA to be at least £289m whereas in Q1 it was only £59.2m. I wonder what the banks will do if ARW breaches the covenant?
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20/3/2020
18:21 | hpowell1: Effortless Cool,
Well well well, you have gone very quiet. My opinion is from someone who knows how the company operates. What is your opinion based on? Is it the first sign of the share-price going up and then reacting after the fact?
The fact is they manged to secure substantial investment which the markets will always react to positively in the short-term. However, my opinion is based on the trajectory of the business in the medium to long-term.
The FTSE has fallen about 25% over the last month. ARW has dropped 75%+ (and continues to fall). This is disproportionate to the rest of the market and highlights the lack of economic robustness the company posses.
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20/12/2019
00:44 | martindjzz: ARW has been enthusing about the capital light business model for some time, possibly to deflect attention from the performance of the existing book. The risks to the company of using the capital of others will obviously be lower than when it uses its own capital, but so in theory will be the returns. Has anybody done or seen a comparison of the projected returns between the two models?
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14/11/2019
15:47 | gbeagle: The simple fact is ARW is no more a sophisticated collection machine than many privately held entities. It does no more and with lack of agility, sometimes less than others. It has no USP and is reliant upon its ability to raise funds, which in turn is very much dependent upon the cash collected. The cash will not rise significantly in the absence of purchase activity and will inevitably derease in its absence, a lot faster than you dare think. Its debtor (they are not customers) base is not increasing its wealth, more likely becoming increasingly impecunious, which means no meaningful increase in collections. So where's the increased performance without taking on more debt?
Interesting to see what happens long term, because the current record consumer debt will be up for sale in a couple of years 😊
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PLUS1
