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RFX Ramsdens Holdings Plc

225.00
-2.50 (-1.10%)
Last Updated: 10:49:16
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ramsdens Holdings Plc LSE:RFX London Ordinary Share GB00BDR6V192 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -2.50 -1.10% 225.00 22,564 10:49:16
Bid Price Offer Price High Price Low Price Open Price
220.00 230.00 227.50 225.00 227.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 83.81M 7.76M 0.2451 9.18 71.99M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:16:57 O 509 222.10 GBX

Ramsdens (RFX) Latest News

Ramsdens (RFX) Discussions and Chat

Ramsdens Forums and Chat

Date Time Title Posts
30/10/202418:21*** Ramsdens ***2,522
08/10/201910:04Where will this one stop.82

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Ramsdens (RFX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:16:58222.105091,130.49O
14:38:33223.656,20013,866.36O
14:27:31223.65511.18O
14:19:09223.651329.07O
14:05:23223.554,0008,942.04O

Ramsdens (RFX) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Ramsdens Daily Update
Ramsdens Holdings Plc is listed in the Finance Services sector of the London Stock Exchange with ticker RFX. The last closing price for Ramsdens was 227.50p.
Ramsdens currently has 31,643,207 shares in issue. The market capitalisation of Ramsdens is £71,197,216.
Ramsdens has a price to earnings ratio (PE ratio) of 9.18.
This morning RFX shares opened at 227.50p
Posted at 10/10/2024 07:46 by lammylover
You can buy now at £2.01/share. Market cap is £64m. Not sure what cash is, but with £11m profit, its ludicrously cheap. And 10.4p dividend is 5.2% yield. I guess private investors just running scared of Autumn statement and possible withdraw of IHT exemption status...
However can't see this affecting RFX long term, steady growth strategy in pawnbroking and high gold price.

Perhaps BoD will have a share buyback planned if Reeves does assault AIM..
Posted at 22/8/2024 08:30 by sheffieldowls
Lammylover I am glad that I saw the value and increased my stake in the company before the recent price rise in Ramsdens shares. Do you consider Ramsdens or H&T to be better value at the current share price? I am a bit surprised that H&T has significant borrowings while Ramsdens has over six million pounds in their accounts. I wonder if they will do a share buyback operation because even at this higher price I consider it would be value enhancing for its shareholders.
Posted at 06/8/2024 17:18 by elrico
Ramsdens Holdings, a diversified financial services provider and retailer, has provided a robust trading update for the current financial year ending 30 September 2024, continuing the positive momentum seen in the Group's interim results for the six months ending 31 March 2024, announced earlier on 5 June 2024. The company's strategic focus on multiple income streams—including precious metals, pawnbroking, foreign currency exchange, and jewellery retail—has positioned it well to weather economic fluctuations, which is precisely what the Company has done well since it became one of our pandemic recovery plays at 125p February 2021. The Company has never let us down, demonstrating consistent progress, which sees the share price growth from 125p to 203p at 62.4%, plus accumulative dividend payments total of 20.6p Per share.
Posted at 06/8/2024 10:52 by lammylover
Agree Doobz, still well undervalued here. Last summer June 23, share price hit 272p on good results and since then RFX have increased number of shops, increased revenue and profit, whilst keeping a big cash pile. What's not to like?
Just needs some media coverage to get more cash in to push share price north again.
Posted at 06/8/2024 06:24 by lammylover
Trade Update out - Profits to be at least £11m, ahead of expectations. Hopefully this can get share price moving up again...Well done Board!
Posted at 11/6/2024 06:59 by lammylover
Good discussion last night on Mello over the merits of Ramsdens. Mark Simpson put forward a strong case for RFX being undervalued (p/e x8)and that there was still good growth to come with the 4 income streams.

RFX key metrics were compared to H&T metrics which Kevin Taylor said he preferred (as he is a holder), but said he could be persuaded to buy RFX shares.

At the end of the discussion, both panel members rated RFX a buy.

All Mello viewers were invited to vote, results as follows:

Buy = 34%
Avoid = 11%
Sell = 0%
Hold = 55%
Posted at 27/5/2024 19:19 by lammylover
The only risks I see are:
- Higher wage bill (which Board referenced in previous update)
- Slowing sales of high end jewellery particularly watches (seen at Watches of Switzerland)
- More foreign travel, but customers taking less FX cash.

Positives for me (and I've got a decent sized holding):
- Well run business and good Board who make decisions in growing the business in a steady and profitable way to the benefit of all (including shareholders with decent dividend) Low risk, cash rich.
- As growing business, moving into new territories (S/East) where loans should be bigger. Also have taken opportunities to move existing shops into better locations when leases come up for renewal.
- High gold price, due to global tensions (Ukraine, Gaza) = Massive positive here!
- Cost of living crisis, where lots of people need short term loans.
- Lower cost jewellery popular

Lastly, business has had best year but share price at 200p, is 30% below year high price (due to Institutional Investors reducing holding - perhaps because they have returned private investors cash - who have jumped into US tech stock / AI bandwagon....which is probably a bubble) I expect investors to return into AIM soon, as we have seen on FTSE350 last month.

Personally I believe this is a rock solid investment at this level and broker target 290p is easily achievable later this year.
Posted at 14/5/2024 13:39 by lammylover
Thanks Sheffield Owls,

I've contacted Peter a few times and he always comes back quickly and with good feedback. Recently I contacted him about the Downing Fund apparent anomaly, where they were planning on winding up the Micro Cap Fund (including selling RFX shares) and returning funds to Investors; yet on the other hand opening up a new Fund, focused on IHT preservation, which perversely included buying RFX shares! Peter's thoughts at the times was that I should take this up with Downing.
I suspect that he wouldn't want to offend any Fund investing in RFX and would say that it would be best to contact Otus in this circumstance.

Having crunched the numbers, it appears that Otus big reduction this time is around 1.5m shares sold, and there have been some big trades over the last week. There may have been other players at work over the last few months when the share price has stagnated around 190p and price doesn't rise, however many private buyers such as yourself(and me)add to their portfolios.

We can only hope eventually, these sellers finish and move on elsewhere and also that private investors return, as they see the UK share market moving upwards as the macro situation improves.
Posted at 13/3/2024 10:56 by lammylover
Spotted something interesting about Downing Funds:
On the one hand they are closing down their Strategic Micro Cap Investment trust fund which included a declared 9.99% holding in RFX, but on the other hand they are inviting private investors to put funds into their AIM Estate Planning Service ISA in readiness for the new tax year.

And yes, you've guessed it, this includes putting money back into RFX! One of the shares featured in their on line prospectus.

I guess having sold off and driven down the share price of RFX over months to return capital to their old investors, they will then build a new holding in RFX pushing the share price back up for their new investors!!

If I'm correct, its crazy stuff..
Posted at 12/1/2024 11:57 by lammylover
RFX share price at 212p is a screaming buy. However private investors and funds seem in short supply at the moment. I'm expecting an excellent update on Monday and hopefully some media coverage to bring the buyers back!
Ramsdens share price data is direct from the London Stock Exchange

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