Ramsdens Share Discussion Threads

[lammylover] 09/3/2018 08:52

Good call Ron. Should easily breakthrough 200p plus in run up to results. Only risk I see is if Chancellor throws in some "swerve ball" tax change at the UK Spring Budget on Tuesday, but I cant think what that could be? Holding mine regardless, for full year update. Rich

[ronwilkes123] 09/3/2018 08:11

Seller finished, main competitor results on Tuesday, our own results in three weeks, time to buy imo

[ronwilkes123] 08/3/2018 17:58

HAT results on Tuesday will be a good indicator, if they are good expect another 5-10p on the price here

[yump] 08/3/2018 13:48

I suppose it might be worth considering whether its actually a good business with a low rating, in the absence of any conclusions from the chart (even if charting were predictive at all), that is the only thing that is going to help predict the most likely future.

What there is, ignoring the conclusionless chart (unless you get very excited by the 10% rises and very gloomy about the 10% falls), is a business lowly rated, paying out a good dividend, with a good update and outlook.

If that's not enough to base a decision on I don't know what is - everything else is conjecture. The chart might possibly be some use on judging an entry point, but only if you're worried about the odd 10% here and there.

[ronwilkes123] 08/3/2018 10:41

H&T figures on Tuesday if good, which they have already advised will be will give a good read across boost to Ramsdens

[ronwilkes123] 08/3/2018 10:15

Agreed all trades at bid suggests this will bounce fast

[lammylover] 08/3/2018 09:59

Bounce started....hopefully move onto 200p plus in readiness for trade update around 10th April..

[bigbigdave] 08/3/2018 09:54

Added just, looks like the recent seller might be done as moving up freely this morning. One of the best ltbh opportunites I can find at the moment.

[martinthebrave] 08/3/2018 08:27

Chart looks a great entry point IMO. Not surprised by the retrace but loads of support in the low 170's. Below 165p would not be good although an intra day spike down to that before rallying is possible? Unfortunately I failed to slice over 200p so will have to hold.

[basem1] 08/3/2018 07:59

Nice lot of cash too !!

[wanttowin] 08/3/2018 00:16

peter..imo due a bounce lets hope this sellers finished.
But I am happy buying at this level,always hard to buy bang on but close is ok for me.
Most stocks took the hit with the Dow wobble recently, but it looks like there is solid support around 170p.
Only been in a couple of months myself but building a fair position now,for a min 2 year hold and will be having a few more on further weakness.
Plenty of upside in the long term, recent strong updates, directors buying in Dec (above present sp), divi,and some respected investors here, all sits well with me.
Never met a poor pawnbroker,they usually flourish in hard times.
All just my humble opinion, cheers.

nb. Lammy.. looks like you were right a 50k buy @176p near the close

[slopsjon2] 07/3/2018 17:35

Downing LLP sold some from 15.42% to 14.97%

[wanttowin] 07/3/2018 10:10

Added a few more more @ 179.5p getting into bargain territory imo.

Couldn't resist another 1000 at under 178p, surely due a bounce soon looking at the 6 month chart. GLA

[qs99] 07/3/2018 09:53

SP looks awful, likewise graph, maybe just a persistent seller out there off loading? Not sure why there would be anything else on horizon given recent RNSss?

[lammylover] 07/3/2018 09:36

Last couple of days, same game played out. A few sells, a few buys and price driven down by MMs. At end of day, large buy at cheap price. I wonder if today will be the same?? Buy and hold for re-rating when FY Trade Update out on c10/4/18

[fuji99] 07/3/2018 09:02

The share price will recover soon. This is one area I would call defensive as the business interacts with every segment of the society - poor and rich.

[igoe104] 07/3/2018 08:29

Couldn't agree with you more GHF, you've got to be able to handle the bumps if you want too make decent money. trading in these volatile and thinly traded markets is like playing Russian roulette. the patience approach will be rewarded nicely over the next few years.

[ronwilkes123] 06/3/2018 14:28

If H&T confirm good results as the markets expect and as they themselves advised a couple of months ago, rfx will reverse v quickly next Tuesday

[fuji99] 06/3/2018 13:05

Regardless of what a few may say but this is one of the best defensive stock to own. Exposed to alternative finance, gold and currency exchange it is a good protection against tight budgets during an economic downturn. Where people turn to during a recession or a crisis ? To the likes of RFX. I just hold for the long term.

[yump] 06/3/2018 12:55

Ditto.

I don't know why anyone tried to trade it anyway and some of the comments are quite odd. The business is quite well balanced in terms of changes in the economy in either direction and not sure what cashless economy has to do with it. A wish for it to drop to trade again - fair enough, but I'm sure there are better shares to trade by far.

I think its probably not good for trading and also not for momentum. Just not enough folk interested - just LTBH's who aren't going anywhere.

[lammylover] 06/3/2018 12:44

15% plus upside at 182p. This will bounce back over 200p in the next week or two, as we move towards the trade update. Buying opportunity. Bought my second tranche at 183p earlier. Good luck all holders!

[glasshalfull] 06/3/2018 11:34

Unsurprisingly, we all retain different investment strategies.

I’m holding on to my RFX, believing it will grow substantially in the months & years ahead. I’ve no idea where the share price will be tomorrow or a months time so no interest in trading the share.

In other words, a long term buy and hold from 120p. There will of course be bumps along the way but I’d hazard that the company will continue to grow over the next few years and of course should that occur then the share price will take care of itself...while offering a decent dividend yield meantime.

So bottom drawer for me in absence of news to the contrary...and perhaps a top-up if the share price comes back further.

Kind regards
GHF

[muzmanoz] 06/3/2018 11:26

H&T reports it's results next Tuesday having already indicated that pbt will be above market expectations due to a strong 4th quarter for pawnbroking and retail.

Seems a good indicator for Ramsdens.

[hpcg] 06/3/2018 11:19

I sold too yesterday. It's too tied to the UK economy. Chart is not reassuring as that is a definitive lower high. I've missed out on gains through not concentrating on the chart so leaving slightly down, but I'd rather have cash than the risk of something more dramatic. 170 is a very important level now.