Ramsdens Share Discussion Threads

[bookbroker] 28/6/2017 14:06

This is why I like stocks like this, payday lenders are the detritus of the loans business, merciless and implacable, while as pawnbrokers are considerate and reasonable, you know where you are with them, and a company like Ramsdens will add a personal touch to the relationship! Ok, payday lenders serve a role, but their rates of interest are simply unacceptable, they are simply loan sharks, it is a good thing they have become heavily regulated, pawnbroking does not require that kind of scrutiny, it is a good old-fashioned and easy to understand sort of business, providing they are disciplined. That was a good write-up, long may they continue to thrive!

[igoe104] 28/6/2017 13:55

FT WRITE-UP.

Vulnerable borrowers turn to pawnbrokers as safest bet.

[chimers] 22/6/2017 15:01

More likely the insti that was selling ?

[albanyvillas] 22/6/2017 14:58

director sales?

[chimers] 17/6/2017 20:00

ST from the IC.
This was out last Monday , get the info fast as it happens by subscribing to the Investors Chronicle online.
You cant afford not to.
Enjoy

"It was difficult not to be impressed by maiden results, for the 12 months to end-March 2017, from Ramsdens Holdings (RFX:132p), a diversified and fast-growing financial services company that joined the Alternative Investment Market (Aim) in late February.

Prior to last week's results release, and on the back of a pre-close trading update in April, house broker Liberum Capital had previously upgraded its pre-tax profit and EPS estimates by 13 per cent. In the event, Ramsdens managed to beat those upgraded profit numbers by a few percentage points, posting a 73 per cent rise in pre-tax profit to £4m on revenues up 15 per cent to £34.5m, delivering adjusted EPS of 10.1p, excluding the costs of the IPO."

More later in week...I dont think its old enough yet.

[x54v] 16/6/2017 16:29

A strong close. Bodes well for next week.

[x54v] 16/6/2017 16:13

Plenty of positive recent coverage too with the Shares mag tip and Simon Thompson in the IC.

A good chance that the weekend readers will catch up on those articles and the strong upwards momentum will continue next week.

[battlebus2] 16/6/2017 16:05

Yes looking great 👍

[x54v] 16/6/2017 15:58

Someone paying over the ask there. No stock available online.

Looks about ready for another move up.

[chimers] 15/6/2017 12:54

A 6.5p divi next year would be very nice indeed!!

[chimers] 15/6/2017 12:53

Another small snippet from the IC article as its public domain info.....
Its well worth buying the mag tomorrow or getting it now by subscribing online.
No I dont work for them but its only fair I mention it.


"For good measure, the shares also offer a dividend. The board have just declared a maiden final payout of 1.3p a share, which goes ex-dividend on 22 August and is payable on 20 September. Analysts at Liberum Capital predict that the board will pay out 6.5p a share in the current financial year, rising to 7.1p in the 2018-19 financial year"

[chimers] 15/6/2017 12:40

Thats been common knowledge for years!!
My butler told me.

[yump] 15/6/2017 12:30

Oh heck it turns out I'm a pleb ;-)

[chimers] 15/6/2017 12:02

RFX have pointed out they intend on growing organically and not buy fast expansion on the High St.

Also its worth noting that every single one of the directors is a qualified chartered accountant.
Boring maybe but solid backgrounds in all things money.

[chimers] 15/6/2017 11:59

Its the Investors Chronicle Simon Thompson column that matters and his in depth strong buy tip on Monday will take up 2 pages of the printed version.
Like I said I will post some of it once it becomes old news next week maybe.

Shares Mag tip cant do any harm either though.

[bookbroker] 15/6/2017 10:08

Rfx got a far more diverse business, biggest earner is foreign exchange.

[napoleon 14th] 15/6/2017 09:52

Sure, RFX looks good
& Shares mag only titilate the public, then say "buy or subscribe!"

However, should things go wrong, as they did at Albermarle & Bond in '13/14, you'd better not hang around too long in hope! You'd have problems differentiating the two businesses, but I'm was happy I sold A&B as soon as the danger signals lit up.

From here:

"Just two and a half years ago the shares, suspended yesterday at 6.65p, hit a 401p high, valuing the group at more than £220m. Today, they’re worthless.
That it has come to this is mainly due to two things: the sort of breakneck store opening programmes that often wreck high-street businesses, and the plunge in the gold price with which A&B’s fortunes are so inextricably linked."

I'm not saying RFX will do the same, but caveat emptor - if ever you see write-ups like this, don't hesitate!

GLA

[battlebus2] 15/6/2017 08:19

Shares Mag tip apparently

[igoe104] 15/6/2017 08:08

New highs continue, more folks cottoning on to, the value here.

[chimers] 14/6/2017 20:20

A snippet from the long article and tip in the Investors Chronicle on Monday past.

Its worth reading the whole thing by either subscribing to the IC online or buy buying the mag out this Fri as the article will be in it.

In fact this will get another boost on Fri as a result.
Once its old news I might post more but best not to until after the mag is out.

Here is a small part though which relates to what I posted above..............



"Another point to note on the shareholder base is that 79 per cent of the issued share capital is held by the top nine investors, which reduces liquidity. This works both ways, as good news released by the company is likely to prompt larger than normal share price rises, whereas any trading disappointments are likely to see far larger share price falls."

[igoe104] 13/6/2017 13:41

good to see simon comments, RfX looks like its got a strong future.

Simon Thompson of IC has today put a buy on Ramsden Hlds with a 180p initial target.and says should be over 200p if you attribute the same rating as H&T