Ramsdens Share Discussion Threads

[yump] 08/12/2017 13:09

o/t but the poor will only be better off under Corbyn if he actually physically goes out and robs the rich.

Not advice of course, but this doesn't look like a share that's going to make anyone a mint suddenly. Interims to me seem to be quite often followed by a quiet period anyway. Unless they are tech. of course ! There's no ramping here either. Not sure 10p here or there on the share price is going to be significant in a couple of years.

[runthejoules] 08/12/2017 12:58

Thanks for your expertise guys. Now do I hold onto my CAPD in hope of a takeover or sell & buy some more here (bought back in, too early) or should I hold off given we'll probably be in a Corbyn govt by Spring or at least a soft Brexit and the poor will be less straitened?

[yump] 08/12/2017 12:53

Better to have that proportion of the shares divided up between several institutions rather than in one. Good time to do it as well, as with the interims out of the way the placees will feel safe.

[xajorkith] 08/12/2017 11:42

All becomes clear.

Hopefully we now have a floor under this & can begin the move back towards fair value, some way north of the placing price.

[hpcg] 08/12/2017 11:36

They will have already effectively placed the stock, hence the published price. Happy to have what would have been a substantial overhang, whether we knew it or not, removed. Slightly miffed to have paid more, but I stick by the results announcement. Not only that but the UK/EU announcement removes one of my worries, a cliff edge Brexit with a dive or even cessation of overseas travel, and I think some worries for the UK economy.

[meijiman] 08/12/2017 11:27

I don't think Liberium's will find it too difficult to place out this stock.

[miti 1000] 08/12/2017 11:23

Agreed, a dip to buy !!

[bookbroker] 08/12/2017 11:20

Suspect there will be strong interest, and removes a pillar of uncertainty over NorthEdge holding!

[mammyoko] 08/12/2017 11:12

Northedge holding being disposed of to cover for the bath they have taken on Accrol

[john09] 08/12/2017 11:11

Looks like we will be buying more at £1.65 . 5£: explains the recent drop to that level

[cottoner] 08/12/2017 11:09

Proposed placing of up to c. 9.5 million ordinary shares in
Ramsdens Holdings plc by NorthEdge Capital LLP ("NorthEdge")

NorthEdge, as investment manager for NorthEdge Capital Fund I LP ("Fund I") and NorthEdge Capital I GP LLP ("I GP"), today announces the intention of Fund I and I GP to sell up to, respectively, 9,250,350 and 212,350 ordinary shares (together the "Placing Shares") in Ramsdens Holdings plc ("Ramsdens" or the "Company") to qualified institutional investors (the "Placing"). The Placing will be priced at 165 pence per share. The Placing Shares represent 30.7% of Ramsdens' entire issued share capital.

[muzmanoz] 07/12/2017 18:26

I've no idea how delayed announcement trades work. But on the LSE website this trade is showing up at the end of today. I can't see it on here. Its a sell.

Date/Time Trade Price Vol. Value
05/12/2017 11:25, 175.278p, 133,715, £234.37k

[gswredland] 05/12/2017 17:27

Quick recovery!

[nw99] 05/12/2017 13:12

Happy to have got the bottom yesterday

[mammyoko] 05/12/2017 10:02

Somebody has a stack of these to get rid of in a hurry and chased the price down yesterday. I was offered GBP100k at 165 yesterday afternoon. Now choosing to drip them into the market

[john09] 05/12/2017 08:45

Nice little trade for me on this one.

[glasshalfull] 04/12/2017 22:16

... I took a further 25k today.
Becoming a habit!

Kind regards
GHF

[xajorkith] 04/12/2017 21:11

No idea why this was down nearly 9% at one point, but like others, I took the chance to add & pleased to see a late day reversal.

With net cash equivalent to 1/4 of mkt cap & rising, they currently sit on a 2017/8 ex-cash PE of under 8 & forecast yield of almost 4%.

With "good momentum" carried into H2, this seems pretty cheap to me.

Probably not exciting enough for some though, so dyor etc......

[johnv] 04/12/2017 18:58

Seriously..the Naked Trader has a knack? All he does is buying something and all his herd follows him. No knack there. A nice position to be in.

[hpcg] 04/12/2017 16:39

I'm sticking with my recent purchase, which I made based on the published information. If someone has closer on the ground insight or has done some homework then all power to them. Something of an unconfirmed reversal candle today.

[nw99] 04/12/2017 16:10

Suggest buying anymore dips

[yump] 04/12/2017 15:47

Seriously ? People getting stopped out of a business valued on a p/e around 10 that is on course to deliver forecasts.

What on earth is the point of trading something like this when there are so many volatile stocks around ?

Same sector, almost same business: MCL, history of much larger movements. On a higher p/e as well.

[fruitninja84] 04/12/2017 15:46

The naked trader has a knack for distinguishing between a genuine shake / market weakness and herd mentality / greater fool theory or when something is genuinely wrong imo. I would be more inclined to bet he added today @167. Just imo.

[mammyoko] 04/12/2017 15:44

His stop is at 150. He was in at 169.8