Ramsdens Share Discussion Threads

[cfro] 09/11/2017 17:45

Yes great breakout on some decent volume into the close bodes well.

[gswredland] 09/11/2017 17:38

Like this rise in a falling market...

[shauney2] 03/11/2017 16:33

Article in yesterdays Shares magazine commenting that HAT had chosen to grow its unsecured lending business where RFX had instead focused on growing its FX business which now accounts for the 37% of its gross profit.

"As the company buys currency wholesale, it uses hedging strategies to try and mitigate big swings in currency valuations. Chief financial officer Martin Clyburn says Brexit was a good test of its hedging policy. ‘We emerged from Brexit without scars,’ he adds.

Ramsdens derives its earnings from five different sources including pawnbroking (25% of gross profit), jewellery retailing (14% of gross profit) and selling/buying back electronic items"

[qs99] 03/11/2017 14:30

good breakout I agree, a few weeks to the results...GLA

[x54v] 03/11/2017 10:42

Good volume today.

Primed for a continued move up.

[yump] 03/11/2017 10:40

Here's hoping for a not so orderly-looking week or so upwards. Everything would seem to justify it.

[xajorkith] 03/11/2017 10:26

Nice breakout to new highs - from an oversold position on the RSI as well, so plenty of room to run.

[yump] 03/11/2017 09:22

Perhaps if there is a consumer recession coming, a portfolio of 50% pawnbroker-type businesses would be a good bet.

I know ministers keep saying the economy is in good shape and unemployment is relatively low, but I don't see how consumer debt-fed economic growth is sustainable with basic costs rising. Add in Brexit disruption as well - there's no way it can possibly be smooth.

[nw99] 03/11/2017 07:41

Yes it does

[jamdan1] 03/11/2017 07:23

Good results at hat today. Bodes well for results end of month

[bookbroker] 03/11/2017 07:22

Nice read across to HAT!

[rp19] 26/10/2017 20:51

O/t - Yump thanks for NEXS not come across it, does look worthy of more research though. Of others mentioned above, VLE has been a solid hold for a few years for me and think there is more to come. HMLH, maybe this could be my version of the above 'held for a while, did very little, sold and then went up a lot' stories. Had for a few years but have recently considered selling. Not on a demanding rating and think I'll stick with it until results in November. They release very little in the way of shareholder communication which I find frustrating. FFX is one I like. Its recent HY profit was its first (so no pattern of steady historic earnings behind it) but it is operationally geared and, if it executes, top line growth should feed through to the bottom line. Back to RFX, I await the interims with interest.

[shoee62] 26/10/2017 13:57

Wise words Fruitninja. G4M i took a 60% profit from a similar entry spot as you. What an error..

[jitters3] 26/10/2017 13:31

Yump you might like MLIN and VLE but you probarly already know how stable these are

[yump] 26/10/2017 13:24

Thanks. Normally don't mention other stocks, but on this board you know there's not going to be a load of random jam loss-makers posted !

[igoe104] 26/10/2017 13:08

off topic,

Yump,

if your looking for boring companies take a look at property service manager HMLH its a solid company, that you wont lose any sleep over. I think they look after 80,000 properties in the London area.

[fruitninja84] 26/10/2017 13:03

@Yump some of the biggest mistakes I ever made was selling out of 'boring' shares that chortled for months. A few examples are GAW which I got @£9 and sold for 910p after a month of doing nothing. Now it's nearly 3 bagged since. I bought KWS @340p and thought I was clever selling at £6. I held VCP for 3 months as it traded sideways before I got bored and moved that money here. VCP is up 40% since where this has just stayed at these levels. And these are just a few recent examples. In 2013 there was a few shares I held for years and after taking modest profits on some of them they absolutely rocketed. So I'm going to sit on my hands here with this one. I got G4M perfect and got in @160 and held right up to near the top. So I was happy about that. There are 3 I like the look of but they are risky and only my opinion. I like BOWL and think this will rerate in time.VLX looks interesting as a future play on electric cars power cables ect. And GMD has potential for a recovery play. I don't hold this but await the next statement with great interest as I'm fully aware of the hype just now and the future potential of 'Esports'

[yump] 26/10/2017 12:49

It is funny / frustrating how when you go looking for smaller stocks that have reliably grown share price, you end up with 'boring' ones, which would never get touched by the hype tech. brigade.

Except they're not so boring at all as the share price can grow very fast. eg. Fevertree, Gear4music etc. (which I totally missed and vowed not to do so again with any small stock however boring). Usually the good ones have a niche, are profitable and have a reasonable rating at the start (presumably because they don't get the flock of pi's chasing them in hope).

The only issue seems to be that some small boring stocks are actually too small to ever get any serious investment interest. Got caught in them sometimes going nowhere.

In my pursuit of boring smaller stocks, I got some recently floated NEXS, which atm only has a handful of posters. Any opinions welcome over there. Dependent on construction upturn/housebuilding etc. Had a drop in Brexit year (because of Brexit havoc), now order book gone up.

Any other 'boring' stocks anyone has ?

[fruitninja84] 26/10/2017 12:36

Very quiet here and thin trade. I would not at all be surprised if Market makers dropped the price a bit or created a bit of volatility to encouraging a bit of buying/selling and trading in the market. I personally welcome this as I love to add a few a bit lower and complete my fill before results.

[xajorkith] 25/10/2017 20:26

Me too RP19 & added likewise immediately afterwards.

Expecting further eps upgrades post interims & for the share price to re-rate towards a more appropriate valuation north of 200p.

[rp19] 25/10/2017 19:13

I noticed and increased my holding, it was a really strong statement. Caught me a little by surprise though as I thought that the IT breach that was flagged up during summer may have an impact on numbers.

[yump] 25/10/2017 18:45

I suppose the question is partly: how well read or well-noticed was the statement about exceeding. At least in terms of share price hikes.

I'm still curious about how they can say the full year results will beat expectations as well as the interims at this point, unless there is something about the business I haven't quite grasped... ie. profits are predictable well in advance.

I'd be surprised if that has been widely noticed and very happy if it hasn't !

[bookbroker] 25/10/2017 17:31

Agree they will be ok, but I’m more interested in the future, the current trading, the store roll-out, and the general sentiment, pared my holding to wait and see mode, although still believe this has a good deal of growth potential, a proper old-fashioned business that customers understand.

[igoe104] 25/10/2017 17:25

results less than a month away, we all know they are going to be good.

not surprised the share price remains solid.

[yump] 18/10/2017 23:32

Looks like a very orderly exchange of shares considering the volume.