Ramsdens Share Discussion Threads

[yump] 12/1/2018 13:09

Ditto and actually that's not really a long time to have been holding for that gain - I shall have to be more patient.

One of my friends has some sort of calculation of sell points based on his % gain and the p/e and some other growth measures. Seems sensible as even the best stocks have quite drastic drops now and again. imo a drop when a stock is on a p/e of 40 is different from when it is on 15.

Actually when the story / rating remains the same and there's a couple of years of uptrend, it may be that any 15%+ drop is worth buying.

Sometime I'll have to look back and see what would have happened if...

[spob] 12/1/2018 13:02

Yes i agree, never sell a rising stock


If you have made a +100% gain, then set a profit protection stop loss at +70% or +80%

and then keep re-adjusting your exit point if the stock keeps making new highs


if your gain becomes say +200% then your exit point would move up to around +160%


simple

the trend is your freind


i'm up around 110% here

[igoe104] 12/1/2018 12:51

Excellent stuff, not far from doubling my money here.

Not interested in doing any sort of top slicing for a good while yet, this has long way to run yet.

Good to see you here Cheshire Man, you are a lucky charm for me, when we invest in the same company. think you should check (WHR) out as well.

[yump] 12/1/2018 12:46

They say slowly, slowly catchee monkey - probably about time for it to appear.

[cheshire man] 12/1/2018 12:05

£2 on the bid now , lovely end to the week here :-)

[yump] 08/1/2018 23:33

Well if the timing isn't right for having bought into this sort of business in 2017 (and now isn't too late either imo), given the apparent pressures on consumers and some retail woes which don't look like they will go away anytime soon, then I'd be very surprised.

[ronwilkes123] 08/1/2018 13:37

With dividend so close not worth selling at all, it all helps further rises imo

[manrobert] 08/1/2018 13:07

oh sorry I joined them on line today and must have picked up on last update.

[john09] 08/1/2018 12:52

New highs on the way. There wasn’t a tip update in sharewatch wrt Ramsdens this weekend man Robert

[manrobert] 08/1/2018 12:30

I was lucky I bt 6000 this morning based on a tips update by sharewatch

[pillion] 08/1/2018 12:25

Good find Rob

[basem1] 08/1/2018 12:12

£2.10 is a tad conservative IMO. It wouldn't be expensive at £3 given the cashpile.

[gswredland] 08/1/2018 12:12

Thanks manrobert
Looks like it is breaking out

[manrobert] 08/1/2018 12:09

simon Thompson updated today and increased his target price to 210

[danpollard] 08/1/2018 07:46

Trading above expectations at HAT. Should read across to RFX.

[ronwilkes123] 03/1/2018 13:56

Bid isn't changing, looks like mm are walking it down a little today to find sellers. I emailed the company asking about a post xmas update, does anyone know date of this ?With the restrictions on buying in size, looks like a biggish buyer hoovering up. Strong gold price, not the time to be selling imo

[gswredland] 03/1/2018 13:17

Interesting Ron
Let's hope so...

[ronwilkes123] 03/1/2018 11:43

MMs short of stock ? Limits on the buy side, never seen that here before

[glaws2] 02/1/2018 08:16

Adam - the cause of the seasonality is the FX part of the business which obviously does most of its (very profitable) business in the summer.

[yump] 31/12/2017 13:50

The business has to a large degree hedged itself against economic woes, in that FX would suffer in a dip, assuming people cut down on travel, whereas the rest of the business would benefit. What the gold price does is another variable, but if the idea is to keep paying a healthy dividend, the business looks like it will support that. Then there is the possibility of growth, as they are relatively small.

There is also the argument that although the government boasts about employment numbers (Labour would as well if in power of course), the fact is that jobs are not as secure as in the past, earnings have much less chance of growing because of the nature of the jobs and therefore the pawnbroking market which I think cycled with the economy in the past, may be becoming more independent of the economy and therefore more stable.

Unfortunately.

[bookbroker] 30/12/2017 22:42

Strange question, it’s an established business that has only just started its growth trajectory, but main threat to earnings is a slowdown in FX., the most competitive part of the business and the main earner! So you decide, been in for a while, but reduced from spring!

[john09] 29/12/2017 15:33

Chart looking good