Ramsdens Share Discussion Threads

[scobak] 15/10/2019 14:06

I do not agree with IC on this. The cash is not surplus to the business. It is stock in trade as currency dealers In the same way that say Tesco have goods for sale on their shelves. You would not strip out the value of goods for resale from them. IC are being far too simplistic in their calculations. Either that or they fail to understand the business.

[yump] 14/10/2019 15:49

This should be on a p/e of 15 imo.

[podgyted] 14/10/2019 13:57

ST rated as a strong buy in Investors Chronicle today - as you can see at 12:00.

[pol123] 13/10/2019 19:41

Mail, has provided nothing new regards info, a shallow article with a positive slant
2 years of growth penciled in plus a fast growing online business. 4% yield and growth in a "soon" to be recession based economy. Doh, thats when pawn brokers trade excels. In addition we are a lot cheaper than HAT, who also carry dept, plenty to like here

FYB

[optastic] 13/10/2019 19:28

Good update, shows just how solid a business this is. I expect this to continue its gentle rise, onwards and upwards

[saurish] 13/10/2019 13:27

https://www.thisismoney.co.uk/money/investing/article-7565861/amp/MIDAS-SHARE-TIPS-UPDATE-Ramsdens-shares-rise-pawn-shops-sell-jewels-sparkle.html?__twitter_impression=true

[bookbroker] 13/10/2019 12:50

Very negative, suggests upside limited!

[solooiler] 13/10/2019 10:18

Doesn't really sound that positive...

"Ramsdens’ product range and ambition may continue to shield the business from some of the problems affecting the high street. But, with economic conditions weakening, shareholders have a right to feel cautious.

Having enjoyed a 17 per cent increase in the share price since last year, they may choose to sell half their stock and bank some gains. They can then keep the rest and hope that Kenyon continues to deliver."

[lammylover] 13/10/2019 10:12

Positive update today on Ramsdens in Daily Mail, this is money section. Going to breakthrough 200p soon.

[yump] 10/10/2019 19:21

Sorry guys, I think I trod in something a while ago and its following me around. Check out the other posts and just do the filter. Be different if there was any reasoning. Might be a bot anyway I hear they are everywhere.

[edmate] 10/10/2019 15:08

sounds like the name of an indian chief and his kids

[sammyshares] 10/10/2019 14:54

bearish doji and now three black crows

[yump] 10/10/2019 10:54

Global would not be nice agreed.

[topvest] 09/10/2019 21:01

I'm not talking about Brexit, I'm talking about the start of a global recession. Brexit is just one of many things.

[yump] 09/10/2019 10:21

I'm not so sure about the recession risk.

When the vote happened I recall all sorts of talk of recession. Presumably that was from remainers. But not actually thought through.

If half the people were grumpy and half were over the moon, the net result on consumer confidence would be zero. Which is what happened.

I think any recession would be substantially to do with other factors, such as the stop in PPI claims, the issues with finding permanent jobs, the levels of personal debt.

If we 'crash' out, the leavers won't regard it as a crash, they'll view it as job done. So as before I reckon the depressed and the elated will cancel out in terms of consumer confidence.

[sammyshares] 09/10/2019 09:59

It has started to fall. Giant Bearish Doji indicated a trend reversal.

[topvest] 08/10/2019 20:25

H&T, RFX and BEG are reasonable contra-cyclical plays as we head into a likely recession. I'm 26% cash but thinking of buying some SUK2 to short the FTSE as further protection sometime soon.

[yump] 08/10/2019 18:19

(a bit o/t) I thought MCL would be a good hedge against a recession, but there doesn't seem to be much buying to compensate for Woodford selling a chunk of shares. Perhaps there's a fear of higher bad debt levels. Not sure what happened to such businesses during the last recession.

Got lots of RFX and quite a few MCL as 'insurance'.

[optastic] 08/10/2019 17:36

If we drop into recession I expect RFX to out perform and may even rise based on defensive qualities. Gold should continue to rise as fed cuts rates and the US slows down.

Looks one of the safest bets going med term

[rivaldo] 08/10/2019 15:23

Worth noting that Liberum's forecast for the current year is now 20.6p EPS (including the gain on gold), rising to 21.3p EPS next year.

That's with 7.4p and 7.8p dividends respectively.

[edmate] 08/10/2019 13:57

In a week where the Ftse fell nearly 400 points...

[yump] 08/10/2019 11:07

Its not the school holidays, where did that post come from ?

[sammyshares] 08/10/2019 11:04

Bearish Doji on BOTH the daily & weekly charts chart. Expect a trend reversal.