Arrow Global Share Discussion Threads

[archy147] 04/6/2020 08:47

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.

[nw99] 04/6/2020 08:38

Grabbed a few

[montynj] 04/6/2020 07:32

Huge upside on chart and gap to fill between 160 to 180p

[tole] 03/6/2020 07:50

Grabbed a few

[elsa7878] 21/5/2020 20:04

Yes thanks. I realise that's the case hence my interest in how the bonds were doing.

[martindjzz] 21/5/2020 08:27

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?

[elsa7878] 20/5/2020 20:41

Hard to know what to make of it. Bonds all still trading at 86, same as nid March so no deterioration. No mass selling or shorting but no buying. If we’re coming out of lockdown this should our perform so a little bemused. Not holding but curious as to why it just keeps going down. Wish I understood the bond market better, keep coming back to this. Perhaps if I knew more I wouldn’t!

[itsnotmeitsy0u] 20/5/2020 15:32

well dumped all 48k i held at just over 72pmight buy back in at the 50's at this rate

[itsnotmeitsy0u] 19/5/2020 12:01

huge seller dumping

[itsnotmeitsy0u] 18/5/2020 12:49

looks like this is going to test the ATL soon.might be able to buy more in the 50's...

[scooper72] 14/5/2020 15:11

Well glad I've held my nerve for now. Only down two times the spread on 9000 shares. Obviously the bell hasn't been rung yet...

[elsa7878] 14/5/2020 13:40

Heard the call. Once this is over they should make hay but how long will this downturn last for. That’s the question.

[itsnotmeitsy0u] 14/5/2020 12:20

mainly because it is a fantastic environment at the momemt to pick up cheap assets

[scooper72] 14/5/2020 12:06

Arguable it's still in a downward trend from this morning. Appreciate your confidence off the back of the RNS but being objective how do you explain the sell of yesterday and today.

[itsnotmeitsy0u] 14/5/2020 11:44

final 10k at 70.7pwhere is everyone???

[itsnotmeitsy0u] 14/5/2020 11:36

2 x 50k buys - looks like this will turn up now.

[itsnotmeitsy0u] 14/5/2020 11:17

will be back to 100p soon imo

[itsnotmeitsy0u] 14/5/2020 10:07

read the rns my good manam loading up at these levls - 3 months we will dbl our money imo

[scooper72] 14/5/2020 08:59

That is a bit of a generalised criticism- can you not be more specific?

[itsnotmeitsy0u] 14/5/2020 07:59

was able to get another 10k at just under 80p

[itsnotmeitsy0u] 14/5/2020 07:33

lol you only confirm your ignorance

[martindjzz] 14/5/2020 07:32

It is good to see that today’s update covering the collection problem in detail. With debt now at 3.8x EBITDA and earnings under a lot of pressure, it is not hard to imagine a debt covenant crisis ahead.

[itsnotmeitsy0u] 14/5/2020 07:09

added - showing as a sell

[itsnotmeitsy0u] 14/5/2020 06:53

agreed - the current environment is actually good for them presently

[andyview] 14/5/2020 06:47

Whilst cautious in tone I think the results and outlook are optimistic...thoughts anyone?