Ramsdens Share Discussion Threads

[hazl] 26/4/2022 11:39

Ah ice ice !

[hazl] 25/4/2022 18:57

Has it been tipped any where?

[hazl] 25/4/2022 16:42

Thanks KM18!

[km18] 25/4/2022 15:14

Ramsdens Holdings PLC is a financial services provider operating through four segments: Foreign currency exchange, pawnbroking, purchase of precious Metals and Jewellery retail. As a result, the firm is specialised in the sale and purchase of foreign currency notes to holidaymakers and offers pawnbroking and other financial services. The firm is also specialised in buying and selling precious metals. This diversified funding structure enabled the firm to derive multiple sources of income, thus profit before tax is expected to stand at £2m. Consequently, it implied that foreign currency volumes continued to recover while strategic investments were further enhanced. Given that precious metal buying volumes soared in value, the firm is expected to optimise its demand for precious metals, boosted by the high gold price. This evidence is supported by the attractive EPS growth of 132.8%, the highest across the financial sector. Considering the dividend yield of 4.25%, Ramsdens Holdings has adopted a conservative dividend policy to reward investors for the risk incurred. Furthermore, the financial services provider captured intrinsic value, reflected on the EV/EBITDA of 12.03x, signifying that the security is likely to surge in value while providing organic growth and plausible returns on investment for market participants.

[hazl] 22/4/2022 07:56

A rise from 150 to 190 in less than 2 months isn't too bad!

Onwards and upwards hopefully!

[hazl] 19/4/2022 09:01

So it could go up, equally quickly on few trades also.

IMO

[hazl] 19/4/2022 08:59

Hardly any trades give exaggerated moves either way,is the point, if not many shares in issue or available at any time.
Regardless of how good a company might be.
I have found.


IMO

[hazl] 19/4/2022 08:30

Here we have a great example
down 3% on a sprinkling of trades.... some of them buys.

IMO

[hazl] 12/4/2022 23:00

Ramsden is doing very well and has made a great recovery since January.
I for one am enjoying it.


8-)

[hazl] 12/4/2022 22:24

Yump this is a crazy thing to say.

'Bearing in mind that many of the smaller companies you're interested in have way more shares than larger ones and yet are massively more volatile.'
Do you know what 'volatile' means?

Smaller companies are likely to be more speculative and therefore perhaps have greater risk .
They might lead on a downward path in some cases but this could be a progressive journey taking years, even if they have a lot of shares,they might not be volatile,day to day.

It is purely a technical thing and does not tell you anything about the quality of that company or it's value.

IMO

[hazl] 12/4/2022 22:09

Well as somebody has marked you up they clearly don't know me either.
It's absolutely ridiculous to say that number of shares available won't make a difference!

Something as large as Tesco is like a lumbering elephant... it has millions of shares and requires many trades to move it.
There is a lot of activity every day there, so many shares change hands,even if it only moves a few pence.

Your last message really showed your ignorance on this matter.

Some shares jump in large percentage moves, purely because their 'pie' has not been divided into a great number of shares, so will rise and fall more dramatically.
That can be dangerous either way but often the spread is large.

What on earth is this about?
'Just pretending to be 'nice' doesn't justify blatent errors. 'Nice' people are dangerous.'

These boards are getting worse,for trolls.
You followed me on PETS which did well now you're here.
I will have to complain to ADVFN.
What is your problem,apart from spelling that is?

[yump] 12/4/2022 18:20

hazl

No, you just said something ridiculous and you're not prepared to back it up.

You've been challenged and you're not justifying what you said. Being asked to do so is not causing trouble.

Many of the shares you've shown an interest in are actually a demonstration that what you said is invalid. Many have squillions of shares and yet are extremely volatile.

I hope nobody takes your comment about number of shares and volatility seriously as its extremely misleading.

Just pretending to be 'nice' doesn't justify blatent errors. 'Nice' people are dangerous.

[hazl] 12/4/2022 15:09

Changes in corporation tax from 2023 - Stapletons Accountants
› blog › corpo...
2 Jun 2021 — All of the UK's limited companies currently pay corporation tax at 19% on their annual profits, but this main rate will increase from April ...

[tudes100] 12/4/2022 13:38

Of course, completely forgot. Thanks

[jeff h] 12/4/2022 12:54

Corporation Tax due to rise to 25% in 2023 Tudes, so that would reduce EPS.

[hazl] 12/4/2022 09:43

A good breakdown of strengths and weaknesses.
We are doing much better than comparators....see list!

[tudes100] 12/4/2022 02:21

Thanks Jeff, somewhat surprising that PBT has increased +13% vs previous forecast & EPS is unchanged.

[jeff h] 11/4/2022 19:44

Liberum forecast for y/e 30/9/22:-

PbT £6.0m, EPS 14.8p Div 7.4p

[hazl] 11/4/2022 16:33

THE LIBERUM VIEW

Following the update, Liberum Capital maintained its ‘buy’ rating and 196p price target on Ramsdens, noting that its ‘diversified business model and income streams have helped the group navigate through challenging times during the pandemic.

‘The strong performance in jewellery retail coupled with management’s confidence that the strong momentum will continue over the coming months leads us to increase our full year 2022 pre-tax profit estimate by 19% to £6 m

[tudes100] 11/4/2022 12:00

Muz, these are the old forecasts based on 5.3m PBT for this yr

[muzmanoz] 11/4/2022 10:57

I believe eps forecast 14.8p this year, and 18.5p next year.

[tudes100] 11/4/2022 10:22

Thanks, would be good to get the revised EPS forecast if anyone has actually seen the note.

[hazl] 11/4/2022 08:33

‘The strong performance in jewellery retail coupled with management’s confidence that the strong momentum will continue over the coming months leads us to increase our full year 2022 pre-tax profit estimate by 19% to £6 million.’


You can find it here Tudes.

I think the results speak for themselves however.