Ramsdens Share Discussion Threads

[hazl] 17/5/2021 15:09

Perhaps that's for you to decide as we might be biased. 8-)

[brwo349] 17/5/2021 10:40

Any views on what's the best buy just now? RFX or HAT? I hold neither just now but have cash to invest.

[hazl] 13/5/2021 10:07

Yes the problem with FX ought to be reversed if travel happens again.

[randyfisherman] 11/5/2021 15:42

FX aside - and that should pick as travel restarts - earnings and B/S look robust, particularly with gold prices where they are, with upside risk IMHO. Buying more at this level but may have to be patient. DYOR GLA

[hazl] 09/4/2021 08:32

Foreign currency exchange was expected and therefore likely already in the price.

IMO

[hazl] 09/4/2021 08:31

Exactly LE4R.
Agree outlook is important.
Their jewellery revenue doubled year on year .
I think they are good at diversifying and anticipation of future trends as much as is possiible in this climate.
Cash strong.

[le4r] 09/4/2021 07:39

Surely it's all about the look forward though. Clear as day it was going to be a terrible result for FX for the period, but I'm personally v encouraged by the doubling of online jewellery sales as we've move back towards opening up and, hopefully, some form of foreign travel from H2 onwards

[qs99] 09/4/2021 07:30

I agree, small loss for year, not sure shares will be supported at these levels by that update IMO DYOR

[muzmanoz] 09/4/2021 07:26

A trading update very light on detail. What was the point of releasing it.

[tudes100] 09/4/2021 01:50

Volumes pretty modest but illiquidity works both ways, does tend to move quickly when there is a little buying pressure.

[wanttowin] 08/4/2021 16:37

Hope so hazl, a few more days like this please.

[hazl] 08/4/2021 16:26

A start of another leg up?
Well done RFX.

[hazl] 30/3/2021 10:52

Thanks slarty a good read.

[slartybartfaster] 27/3/2021 11:17

https://www.smallcompanychampion.uk/p/ramsdens-holding.html?m=1

[hazl] 24/3/2021 16:07

I have found this on the same site on Ramsden's but nothing recent.

[hazl] 24/3/2021 16:01

Well as HAT has been brought up and they are in the same sector Investor's champion has this to say about pawnbrokers.

Investor's Champion comments:

HAT remains in a very robust financial position, even too robust as it would like to redeploy its cash into suitable lending opportunities.

The reduction in lending resulted in a £29.6m increase in operating cash flow to £55.4m with net cash at the period end of £34.5m and its £35.0m revolving credit facility undrawn.

It remains to be seen how the pawnbroking sector will evolve post pandemic but it has withstood several pandemics over the last 900 odd years so the signs are good.

[sheffieldowls] 23/3/2021 11:09

Sadly the market reaction to H&T results has turned negative with a steep fall after an initial uplift in the share price.

[hazl] 23/3/2021 08:20

Certainly the reaction to their results bodes well here in my opinion.
Same sector.

[hazl] 22/3/2021 21:28

Probably because he's in it.


I expect you know that RFX is included in the UPS thread for the month.

[s34icknote] 22/3/2021 21:01

I reckon hat is a better buy than RFX

[basem1] 22/3/2021 14:52

Ok guys no comments today ? I'll go first - must be the FX worry and no foreign travel

[basem1] 20/3/2021 16:05

We should get a TU in the next fortnight or so My only slight worry is that if foreign holidays get pushed back further. Longer term I can see 4-5 Gbp per share. A nice buy and hold this one

[hazl] 18/3/2021 12:56

Nothing goes up in a straight line.