Ramsdens Share Discussion Threads

[bookbroker] 19/4/2017 20:55

Check the admission document, that's on the co. website, suggests that these are grossly under-rated, even if the second half seems to be the weaker half, but in the current environment, the clamp down on pay day lenders, the tightening of credit by the banks, the indentedness of the poorest, these could do very well, that is on the proviso that the management keep a tight hold on this business, and as long as they do not go for broke all in one go - excuse the pun!!

[imranawan] 19/4/2017 20:43

Does anyone have any forecasts for the current year? Have looked at Dig Look and there is no data. I've emailed IR but no response yet.

TIA.

[bookbroker] 19/4/2017 16:37

Think this is being suppressed to allow a stakebuilder, plenty of buys going through, and all being absorbed!

[spob] 11/4/2017 18:16

They are much more careful now

procedures have changed since then

they don't hold on to the PM's as long as they used to in the past


also this is quite a diversified business



Segmental gross profit split for FY16:


Foreign currency 35%

Pawnbroking 26%

Purchases of precious metals 18%

Retail jewellery 14%

Other services 7%

[bookbroker] 11/4/2017 17:47

Bought a few here, at this rate we'll the PM. side of the business doing good soon, but they need to be disciplined, saw what happened to Albermarle and Bond, lost the plot exchanging too much gold and silver from hard-up clients, left standing in the the last precious metal blow-out! That might deter investors, for fear off history repeating itself, but the way consumer debt is in this country, we might see much more of the family silver on the block!

[igoe104] 07/4/2017 16:56

Trading update, which I expect to be positive on Tuesday.

[igoe104] 29/3/2017 11:26

I Suppose Liberum are waiting for after results, before issuing there note.

[spob] 29/3/2017 09:13

Ramsdens Holdings PLC will be releasing a pre-close trading update covering the year ended 31 March 2017 on Tuesday 11 April 2017.

[spob] 29/3/2017 07:59

Has the house broker Liberum published any forecasts yet ?

[igoe104] 29/3/2017 07:49

Good to see a recovery yesterday, especially on small volumes.

[igoe104] 24/3/2017 09:05

Just noticed the Naked trader has purchased some of these a few weeks ago.

I bought some Ramsdens (RFX). No, not fish and chips that's Harry Ramsdens you plank!

An interesting one I think, it's a pawnbroker with 127 shops across the country. But it does other stuff too. Like foreign exchange and buys and sells metals.

Bit of a wheeler dealer of a company basically. If it plays its hand right could do well on the markets.

What's interesting is it's going to use money raised to buy up rivals to expand. Head cheese is one of the company's biggest shareholders which is a good sign.

Anyway it looks very fairly priced so I'm going to tuck these away in the isa for some time and see what happens.

I kind of wonder at some point in the future they could end up a bid target for a bigger group.

[larva] 21/3/2017 14:36

Surprised its broken 100p

next level 80p

[igoe104] 15/3/2017 12:19

Well worth a read.

[igoe104] 15/3/2017 12:10

I`ve purchased a decent size amount in two trades, I do like this kind of industry, especially with it being fairly recession proof.


I`ll be looking to hold for a good while, they seem cheap and are a very ambitious company.

[bruceylegs] 10/3/2017 08:55

Mentioned in the Feb AIM admissions article on investorschampion.com. Sounds interesting, modest market cap for an established, profitable & debt-free business. Going on the watch list.

[spob] 26/2/2017 11:53

Anyone know if Liberum have produced any eps forecasts for this company yet ?

[alfred] 05/4/2007 15:36

Message to Nigel Robertson.

Oi,Nigel, are you still mates with Robert Bonnier....or Andrew Regan? Can't you ask them how to make you some money out of this dead duck?..you clearly need someone to guide you.

[Abuse team] 02/2/2006 15:44

Post removed by ADVFN

[alfred] 11/7/2005 08:43

Doesn't look like Nigel Robertson and his mate can hack it. They'd be better off retiring to their truffle farm or whatever in the Dordogne well away from nasty complicated financial matters beyond their abilities.

[nilip] 22/6/2005 17:00

LOL ! Stockmarket ability seems to be subsiding ?