Arrow Global Share Discussion Threads

[rb1206] 14/9/2016 16:08

Arrow Global Group Plc : Jefferies raises target to 359p from 290p; rating buy

Also UPGRADED by few others too.

[rb1206] 12/9/2016 15:22

nfs : Dividend for the year is 9.4p according to Sharescope.

[nfs] 10/9/2016 13:19

What do you think the final divi will be?Interim up from 1.7p to 2.7pLast year final was 5.4pSo maybe 7.3p to make 10p?

[deadly] 09/9/2016 09:52

Can't believe the lack of interest here, but no bad thing.
Excellent recent results:

· Profit before tax up 24.7% to £20.5 million (H1 2015: £16.4 million) leading to a profit attributable to shareholders up 27.5% to £16.5 million (H1 2015: £12.9 million).

· Interim dividend of 2.7p per share (H1 2015: 1.7p)

· Total revenue up 32.4% to £101.5 million (H1 2015: £76.7 million), driven by core collections up 38.0% to £138.8 million (H1 2015: £100.6 million) and income from asset management up 292.7% to £17.2 million, leading to an increase in Adjusted EBITDA up 60.3% to £105.3 million (H1 2015: £65.7 million)

[nfs] 25/8/2016 16:28

Recovery to pre brexit price, with FCA approval added in

[rb1206] 08/7/2016 13:15

Arrow Global Group Plc : Goldman Sachs cuts target price to 310p from 340p *

[itchycrack] 02/7/2016 23:07

There is enough debt in the world to keep this company going forever.

[davebowler] 01/7/2016 16:53

Yes I can't see any negatives for Arrow with Brexit as we have already bought loans at 10p in the £ or less. Lower interest rates will be good for us.

[abarclay] 01/7/2016 16:23

ALD starting to creep

[uhound] 30/6/2016 09:09

RB1206 - have owned these before and done OK, so I think it's worth a punt at this level. Back in! Stop @ 180.

[rb1206] 29/6/2016 18:59

Why this one is gone down so much, I thought bad times will be good times for ARW, also European OPS profit will be highers due to strong Euro now. I can see someone selling a few on Mon/Tue. Is there a sellers around or something else is the reason for weakness or been thrown out with water etc etc, due to BREXIT. Profit growing, trading inline, paying dividend am I missing something here, any opinion will be greatly appreciated.

Nurdin....you gone bit quiet, all ok.

[expletive deleted] 03/6/2016 09:37

Tipped in the IC.

[deadly] 17/5/2016 13:08

Down again on a good day elsewhere. So I bought back a few more.
Someone's selling these but who knows why...

[nurdin] 12/5/2016 14:51

JP Morgan Cazenove have a price target of 320p here

[nurdin] 11/5/2016 17:44

Yes a disappointing close despite some excellent results.

One theory I have is that quite a few investors are perhaps looking at Q1 earnings,annualising them and wrongly drawing the conclusion that they will undershoot massively against forecasts for the year as a whole.The businesss is highly seasonal however and the Q1 is probably the weakest quarter.For example in 2015 they reported eps of 3p in Q1 but the full year eps were over 6x the Q1 eps at 20P !

If you apply the same multiple to 2016 Q1 earnings then the full year outcome is more likely to be near 27p eps, slightly ahead of the market expectations of 26p

There, have said my piece :o)

[deadly] 11/5/2016 16:30

Yes but didn't happen today, down about 3%.
Maybe a good buy back chance.

[itchycrack] 11/5/2016 10:07

There should be a positive re-rating here, markets allowing IMHO.

[nurdin] 11/5/2016 09:28

Our strong Q1 results, coupled with over GBP40 million of future organic portfolio investments already awarded for the remainder of 2016, mean we remain confident in delivering on our target of investing at roughly twice our annual replacement rate, whilst maintaining strong portfolio returns. This, coupled with our continuous investment in growing 'capital light' asset management revenues, provide us with the confidence that we are on track to deliver overall full-year earnings in line with our expectations."

11 May 2016

To say that well ahead of the year end suggests a bumper year.What is there not to like?

[nurdin] 11/5/2016 07:26

Cracking results!

[nurdin] 07/4/2016 12:22

Link too long..can you use Tinyurl please? Or replace xx with tt.Thanks

[jk1206] 07/4/2016 11:25

hxxps://www.moodys.com/research/Moodys-Maturity-of-European-debt-purchasing-sector-drives-consolidation-and--PR_346924?WT.mc_id=AM~UmV1dGVyc05ld3NfU0JfUmF0aW5nIE5ld3NfQWxs~20160407_PR_346924

[nurdin] 07/4/2016 10:16

I am surprised this stock is not attracting wider audience.Decent growth prospects,lowish PE,4% yield and after the recent acquisition has become one of the largest consumer debt purchaser in Europe. Current ERC stands at over £1bln which does provide some visibility of earnings going forward.

[nurdin] 04/4/2016 13:06

Thanks Daveblower, all sounds very positive.The share price is starting to respond now.