Ramsdens Share Discussion Threads

[lammylover] 08/8/2023 11:39

As we've spotted there has been a large seller (£25k,30k blocks), probably a fund trimming position and taking some profits. Nothing wrong with that.

I also noted this morning that HAT put results out and although not quite the same model as RFX, pointed out that their margins have fallen (although they have expanded business and grown revenue) due to cost increases. No surprise there!

Initially HAT shares were down 4% on opening, but have since recovered and are currently flat.

[johndoe23] 08/8/2023 11:27

Seller offloading

[solarno lopez] 08/8/2023 11:18

Anyone care to speculate as to why the price keeps falling especially after such recently published positive results ?

[lammylover] 03/8/2023 17:44

Whoever is selling chunks here (25k blocks and a 30k block after the close today) must be several sandwiches short of a picnic!
Gradually looks that sensible buyers are clearing the overhang.

[gswredland] 03/8/2023 16:11

Agreed guys!Happy holder too

[doobz] 02/8/2023 21:47

Interims were great, not a single thing to put me off. Happy holder

[hazl] 02/8/2023 16:03

I also think success hinges on many things.
Pawnbrokers can be good in a recession and we might still go down that road.
The jewellry would attract a market in a normal buying and selling environment.
IMO

[johndoe23] 02/8/2023 15:42

Yes, would say distressed. But I'm in agreement, seems overdone and interims looked good

[hazl] 02/8/2023 15:22

Perhaps it's a distressed seller?

Anyway I'm with Doobz.

[johndoe23] 02/8/2023 13:57

Seller still dumping those 25k blocks

[doobz] 02/8/2023 11:59

I'll also email them today and see if they're planning any releases soon to help settle holders. Way overdone

[doobz] 01/8/2023 20:54

Normally I'd get rid of something that's turned against me like this. Just a quick re read of the last results and I won't be out until I see something negative. They're doing really well all round

[hazl] 01/8/2023 10:37

I wondered if it was just people taking profits as they see value elsewhere.
I think there might be a blip again soon in the markets though.
In which case people might return again here.
It is a funny chart though.

[rimau1] 01/8/2023 10:33

Well, i’m back in at £2.18 which IMO offers exceptional value. I do tend to take profits historically when RFX hits £2.40 but i average down at these levels. Great cyclical play with a growing pawn book and holiday FX should be back to pre covid levels soon. HAT is also looking interesting as it slowly falls back.

[johndoe23] 01/8/2023 08:29

Can still buy loads well below ask

[lammylover] 31/7/2023 16:50

Only 47,765 shares traded today - I think the gradual drop in share price is just the market makers walking it down, trying to shake out a few loose shares and create some volume over quiet summer period. Nothing new here on thinly traded AIM shares. I've added a couple of blocks as RFX looks great value at £2.30.
Will bounce back to £2.60 plus by end of Summer period.

[johndoe23] 31/7/2023 16:02

Reckon it's just a case of Otus or Downing still selling down

[hazl] 31/7/2023 15:55

Well I think that it's recent good results has been due to the greatly improved jewellry side and watches, as pointed out above.
I saw that change dramatically and I have tried the service, it was very efficient.
I felt the items were quite good value, too, at the time.

[hpcg] 31/7/2023 15:47

Its the usual August doldrums - low volumes tend to see declines in micro caps as marginal buyers aren't around.

[bookbroker] 31/7/2023 15:39

Likely sitting on a load of watches!

[gopher] 31/7/2023 15:30

I'm not sure travel money is a great business going forward , better and easier to use your credit card abroad these days.

[hazl] 31/7/2023 15:08

It might well bounce back!

[edmate] 31/7/2023 14:42

Disappointing to see this gradually drift lower. Unloved by the market...

[hazl] 31/7/2023 09:37

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