Ramsdens Share Discussion Threads

[yump] 04/6/2018 22:44

I don't think any serious traders would try this one, there's no pattern and there's no volatility, unless you trade in massive amounts and try to make 5% or less.

[bookbroker] 04/6/2018 22:03

Because it is a public forum!

[villarich] 04/6/2018 21:03

"I will not be buying back, too much of the business is in FX., that market is evolving rapidly away from traditional exchanges!"Why are you here then?

[pireric] 04/6/2018 09:52

Genuine question; how do the T+C's and APRs charged at the likes of RFX and HAT compare to limits set by the FCA? Any possibility they'll be on the receiving end of regulation at some point down the line?

[bookbroker] 04/6/2018 09:44

I will not be buying back, too much of the business is in FX., that market is evolving rapidly away from traditional exchanges!

[igoe104] 04/6/2018 08:42

They are opening loads of new shops at the moment and results are exceeding expectations, that's progress

because you sold out, and want to get back on the cheap. you don't fool me.

[bookbroker] 04/6/2018 08:39

Reality is more important, can you explain why these have made no progress since September last year ‘igoe’, do you simply believe that every company will not hit road bumps, the statements here have been positive but little to show, the results will provide clarity, so I hope you are right and I am wrong, we’ll see on the 7th!

[igoe104] 04/6/2018 08:32

stop deramping bookbroker. your embarrassing yourself.

[bookbroker] 04/6/2018 08:23

Difficult to see these making any real progress as far as valuation concerned without corporate action, those gaps lower down concern me, could see this revisit 150p after results!

[pillion] 01/6/2018 22:20

7 Jun 2018; Full Year Results

[pillion] 25/5/2018 20:48

Good post CM

[cheshire man] 25/5/2018 09:10

Pleased with my recent top up with finals in a couple of weeks,,,,, this taken from the interims 27/11/17 so all being good should make for rewarding reading,,,,,,,DYOR of course ,,,,,,,nothing guaranteed in the market place

CHIEF EXECUTIVE'S REPORT


I am pleased to report a period of significant further progress for Ramsdens during the first half of the financial year resulting in an 18% increase in revenue to £21.8m (H1 FY17: £18.4m) and a 63% increase in profit before tax to £5.2m (H1 FY17: £3.2m).

Ongoing investment in the core branch estate as well as in the Ramsdens brand have driven strong growth across our foreign currency exchange, pawnbroking and jewellery retail business segments. This was supported by significant growth in active registered customers to 570k, up from 502k (up 13%) in the comparable prior year period.

The investment in our online offering has resulted in exceptional growth of 331% in online gross jewellery retail sales and growth of 134% in online foreign currency exchange, the latter of which was primarily driven by Click & Collect.

Underpinned by this strong momentum as well as the Group's strong, trusted brand and loyal and growing customer base, the Board remains confident about Ramsdens' prospects and future.

[igoe104] 24/5/2018 13:13

Not sure why the recent weakness in the share price, results are only two weeks away and we already know RFX results will be slightly above expectations.

[spob] 23/5/2018 15:42

Maybe HAT will buy this one day

who knows

[pireric] 23/5/2018 15:01

The issue I have with this and H&T is how sustainable are the businesses. Can't see these ever sustainably trading above 12x earnings. This still a long way below that but is this exceptional year next year's tricky comparison?

[bookbroker] 23/5/2018 10:32

I’d imagine they are feeling the pinch a bit, the retail side cannot be that great, and the spot gold price going nowhere, having to rely on FX is a risky bet, that market getting more competitive all the time!

[cheshire man] 23/5/2018 10:29

Strange share price action this morning ?

[glaws2] 17/5/2018 06:28

Yup - they have reduced

[steve3sandal] 16/5/2018 22:23

I read it the other way round, gone under 10%. Looking forward to 7 June.

[igoe104] 16/5/2018 20:24

Also good to see the 2nd biggest share holder (City Financial Investment Company Limited) adding. AND GOING ABOVE 10%

[igoe104] 16/5/2018 20:07

I SEE Ramsdens are recruiting for two new branches that are opening soon in Kendal and Bristol, its good to see them spreading out geographically to the west.

[battlebus2] 05/5/2018 20:52

Here’s hoping 😉

[yump] 05/5/2018 18:03

Perhaps my MCL and RFX shares will both go up and stay up.

[matt123d] 04/5/2018 15:52

Breaking above the prior two month range

[yump] 04/5/2018 15:09

Although on a short term chart the movements look quite drastic, its only been in a 10-12% range, so imo the bigger movements are yet to come - hopefully in an upward direction !