Relax Grp Share Discussion Threads

[debbiegee] 09/4/2009 09:01

Im here ,not forgetting the upgrade to 100 last month and expecting bumper report after agm statemen and director buying last month. 50k at 85 ?

[smarm] 09/4/2009 08:46

What a load of bickering here....!

Meanwhile, RLX soars higher....

And no comment from either of you.

[billybigguns] 07/4/2009 20:43

Just as I would expect from you Alexacj - mis-quote & misrepresentation.

I don't proclaim to have all the answers (unlike you!) otherwise I would be an even richer individual than I already am - Unlike you, I can accept there are 2 sides to an investing strategy. As sure as 'eggs is eggs' stock will rise & fall. You have just over-hyped these debt stocks without delivering an objective or balanced viewpoint.

For what it's worth, and in danger of repeating myself, I believe that this company will rise eventually, however in the short term peeps will have (and certainly already have had) the buying opportunity at lower levels.

No doubt this company & the others like them will make money from an individuals poor mis-fortune. Whatever the share price - They are making money from misery & despair.

[alexacj] 07/4/2009 16:52

LOL!! Nice to see another well thought out piece of analysis!! Billy when you have a moment could you give me a list of those stocks that your investing experience is telling you to avoid.....(you can miss out RLX as I admit you've been telling everyone to avoid it since it was at 19p!!!...and I already hold!!) It should prove an interesting list of potential buying opportunities........LOL!!
On a more serious note....most investors should be aware that no stock rises in a straight line.....I fully expect RLX to break to new highs before retracing and then continuing on its journey up......the p/e ratio is just too low...if it was hovering anywhere near that of CLEA then I would perhaps be looking to "top slice" some of my holding.....but at a measley 5 there should be a long way to go.....this is obviously aimho....and if anyone really takes any notice of any messages on a bulletin board to form any basis for investment then they deserve to lose money.....most people I would suggest make their own decisions based upon there own analysis!! So neither your one line "this stock is rubbish just because it is" or my own views will matter....but I do enjoy reading your postings ....they are sooooo useful....keep them coming!! Good luck!!

[alexacj] 05/4/2009 13:36

LOL!! Just read your note Billy!!Lets think about that for a minute -

"Good point vickiitwo2 - share price rose from 20p with no significant news or announcements, & will fallback to that level (imo) just as rapidly."

No significant news.....I suggest you read the RNS that gives you the details of the results....the one where they state they are going to exceed 2009 estimates...the one where they say that business has exceeded their best expectations....but then again I think you did read it! Lets just wait and see if your in depth analysis proves correct......I'm more likely to take note of the director purchase at £1 a share and the low p/e rating of 5!! CLEA are on a p/e of over 12......where would that put RLX if it "caught up"......well.....I'll tell you...it's about £1.60 a share.....and then if you think that the debt sector may just be a growing one given the current economic environment....well maybe the 2009 estimates will be exceeded and just maybe the 2010 estimates will be even higher.....anyway the road is a long one and the price will go up and down on the way....as ever I look forward to reading your next detailed analysis of RLX and the sector!!! Good luck all!! :-)

[vickiitwo2] 31/3/2009 16:49

too true, nice little move upwards there debbie

[debbiegee] 31/3/2009 11:21

ON THE MOVE AGAIN GUYS !!!

[billybigguns] 26/3/2009 23:07

Good point vickiitwo2 - share price rose from 20p with no significant news or announcements, & will fallback to that level (imo) just as rapidly.

[vickiitwo2] 26/3/2009 18:36

No answer was the reply on another day of slumping share price
Looks like you may have your 40p level before long Billy. Cant help but
tend to agree myself there isnt much anything new out there keeping them up.

[billybigguns] 25/3/2009 22:27

alexacj - Sarcasm doesn't suit your ramping style!

As expressed previously, I am certainly not an emotional individual, just try to insert a sense of realism in your continual efforts to keep ramping something which, without further updates or news is worth about 40p tops IMO.

....in May they will give figures to the end of December.....which no one is interested in as we now all know that the debt sector is in major growth mode as evidenced by all co's in the sector having now confirmed this!! -

Thats strange, I thought this would be of interest to potential investors?? Also, they have all talked about levels of debt & POTENTIAL increase in business, but its done little for the recovery of their SP's. You keep talking about how much debt everybody is in & how much worse its going to get, it may well do so but it doesn't automatically follow that larger percentages will jump for the debt management or IVA solution.

I have never professed to be an expert in this field & certainly don't have the time, inclanation or exposure to it like you do. Told you already, back at 20p I will buy in - this will be in readiness for the wonderous announcements that will take place later this year / beginning of next. LOL

[alexacj] 25/3/2009 21:27

I think someone needs a lesson in LSE reporting!! LOL Billy! Your normal level of posting....keep it up.....it gives us a laugh in these difficult times! Just to give you a heads up.....in May they will give figures to the end of December.....which no one is interested in as we now all know that the debt sector is in major growth mode as evidenced by all co's in the sector having now confirmed this!! BUT....to any investor what is more important is the comments on current trading at that time and the forward looking statement.....most people know that we are now a 1/4 of the way through the year and by the time RLX report 2008 we will be nearly half way through the year......we then should expect 6 months to june 2009 to be reported in September....so again a further update will happen!.....so no one will have to wait to 2010 to see how the business is progressing...but I'm sure you must know that!!
I see you admit that UK PLC is drowning in debt....but then go on to call RLX a "dog".....a debt management company in a country where the average consumer is experiencing a severe recession with levels of debt that are unprecedented....if you actually read some of the stats you will see that the govt have cut back on local authority spending and thus the CAB which could provide debt counseling is now in fact capable of dealing with fewer enquires than before.....so those debt co's that you seem to despise are in fact going to provide a much kneeded service to all those stressed people trying to come to terms with debt problems.Your quote of "an awful lot can happen during this period" is correct....what most people will be asking themselves is....."is it all going to get better in the next 6 month....is unemployment going to fall...are house prices going to rise.....are wages going to increase".....most sane people are going to answer "no....unfortunately every economic indicator is signalling all aspects of personal finances are going to get dramatically worse"!!......you need to listen to King and his comments on our ability to provide further stimulus......you also need to understand the threat that eastern european countries who are members of the EU and are likely to renege on their loans...the ECB cannot bail them all out...they don't have enough money......think what might happen then......I really don't think any of us fully understand where we really are in terms of financial and economic collapse.....you in particular do not or you would not make the comments you do....a lot of people are going to face a very bleak future because of the economy...so to dismiss it is at best silly!! I do not work for RLX....as I'm sure they will confirm...LOL!! Anyway....I'll leave you to your thoughts....but if you do invest in the stock market you need to ensure that your emotion is detached from any investment decisions you make...otherwise at best you'll miss the opportunities that present themselves and at worst you'll lose an awful lot of money trying to prove a point.Good luck if you are actually invested in anything...I look forward to the next amusing insight into the debt sector....I hear all the analysts are waiting with baited breath!! :-)

[dickdanbayne] 25/3/2009 14:34

And with 3 million expected to be unemployed by year end Im sure companies such as Relax will come in very handy as the banks/lending companies try and tackle/reduce the Bad Debt there all carrying.

Good artilcle alex

[alexacj] 25/3/2009 14:22

The amount of debt out there is unbelievable!!!!!Anyone notice the change in year end.......shouldn't that now mean an even larger number for 2009 earnings!!!!!!!

Scale of Britons' debts revealed

25 March 2009 12:11am

Britons have to work for an average of 83 days a year just to earn enough money to pay the interest on their debts, research has shown.

Wednesday March 25 has been declared 'debt freedom day' as it is the first day of the year by which people will have earned enough money to cover all of the interest they will have to pay during 2009, enabling them to begin to repay their debt, according to financial adviser website Unbiased.co.uk.

The day comes more than two weeks later than it did last year, when it fell on March 10, due to the additional debt that Britons have taken on in the past 12 months.

People currently collectively owe a total of '88.5 billion through credit cards, loans and additional borrowing against their homes, excluding their original mortgage.

The bulk of the total is taken up by credit card debt which now stands at '59.8 billion.

During the past year loan debt has risen by '1.6 billion, while equity withdrawal has jumped by '6.5 billion, although credit card borrowing has fallen slightly, dropping by '4.9 billion.

David Elms, chief executive of Unbiased.co.uk, said: "It takes a date like Debt Freedom Day to bring home just how much we are spending as a nation on debt and it will hopefully spur people into action to do something about their debts."

[dickdanbayne] 24/3/2009 18:31

there's loads of opinions some positive and some negative and to be honest in these times I wouldn't like to guess who is right or wrong but the way I see it is there has been a lot of consolidation within this industry already and yes I'm sure there will be some more. But just maybe relax can pull through these difficult times and provide a service to the many millions that are out there having difficulty paying there unsecure debts whether opting for a consolidation loan, IVA or Debt Management and will provide a very positive service, providing a cash flow sourse for the banks, during a time when lets face it banks are struggling. (just maybe the banks will start encouraging these companies in order to recoup some of the many trillions of pounds that they have leant and not got back) lol

Most importantly for Relax is to provide a fantastic service not only to its customers but to its Business Partners and of course its staff and through good marketing getting customers on board buying into there products and services which after all said and done is there bread and butter. AIMHO not invested here but am watchin closey

[alexacj] 23/3/2009 18:10

More "Economic Gloom" forecast....looks like things are going to continue to get worse....and recovery will not be any time soon....I hope we will all remember who is responsible for this mess when it comes round to election time!

[billybigguns] 23/3/2009 15:59

So alexacj, tell me why my figures are inaccurate??

Did RLX (previously debts) or not IPO at around £1.85?? (60 odd pence today)
Did CLEA not reach an all conquering high of 5p in 2006?? (1 odd pence today)
Did Debtmatters not go 'bump' during 2008? after reaching £3+ and again leaving investors 'high & dry'?
Did FRP (previously DFD) not have an share price in the region of £4+ 2 years ago?? (47 odd pence today)

This is all FACT!!

Its hardly 'ground breaking' stuff from PLC's that promote the strength of their business model in the diminishing economy.

No bitterness, just offering balanced conjecture - Ramping a stock on little substance or poor past performance is poor practise. Its easy to say that IVA's & Debt Management will explode, possibly so, but they have still got to ensure they are in a position to gain a good percentage of that business.

I also don't post off emotion, nor just in 1 marketplace. Too many companies have shafted investors on the promise of the 'pot of gold' at the end of the rainbow.

Like I have previously mentioned my own view is that 'currently' RLX is worth about 40p per share. 1 thing we do agree on is that there will be further consolidation in this marketplace.

[alexacj] 23/3/2009 15:06

LOL Billy!! I detect just a hint of bitterness here. I notice you post negatively on all debt co's.....thats not a problem but it might be good to back it up with a little hard fact. RLX has rallied from the lows of 19p to highs of 82p. I don't call that bad performance and they currently have a price target of £1....in fact if you placed them on an undemanding p/e of 10 then the target will be £1.30.......CLEA has rallied from lows of 0.4p to 1.5p......I also think that is a fairly good move....Every debt company has now indicated a very strong demand for their products....no surprise there!! Looks like the sector is now confirmd to grow strongly backed up with an economy that is getting worse by the minute!! Not sure what facts and figures you are looking at when you make your comments....I suspect very little apart from emotion.
Many of the "weaker" players were forced out of the market when the comission levels were reduced by the banks last year....their business models did not work!! That in most peoples books is a good thing for those players that remain.....just to be clear on this....it means there are fewer company's now operating in the debt sector just as the demand for DMPs/IVAs etc explodes.....now do you think this may be a good thing or a bad thing for RLX and the others that remain...,.well I can tell you it's my belief that its a good thing....LOL!! Now you may not agree for whatever reason...but the chairman who bought 50000 at £1 a share a few weeks ago certainly has belief in the sector!! You missed out on the last 400% rise....and my guess is you'll miss out on the next leg up when that happens!! Good luck though.....keep posting your researched views!! LOL!!

[alexacj] 23/3/2009 09:52

And yet another great set of results from the debt sector.....CLEA confirms the strength of the sector and has a very strong forward looking statement!! ..

[guru11] 18/3/2009 22:07

RLX along with some other stocks with the falls that they have had, are now looking very good value and taking a one or two year view has real prospects of a fair rise back up given time. Cant see things being a quick fix job upwards, but given successive good results to come some should have confidence in what is to come.

[alexacj] 18/3/2009 12:05

True!! But even they should see profit on their positions in the near future if all the economic predictions for the UK come true!! One other relevant point is that the initial offering was based upon the previous profit projections when the banks were paying a great deal more in fees to the Debt co's......being a little cynical here....I wonder if those self same banks forced the reduction in margin 12 months ago because they knew what was coming!!!!!!!!!! Surely not!!!!

[alexacj] 18/3/2009 08:42

Billy.....nice to hear from you again!! LOL!! I think you might find that since we hit the highs of the 80s the S&P has since retraced to new lows....all stocks have retraced over the past few weeks.....if however you feel that a stock on a p/e of 5 in a sector that has been confirmed to be in major growth mode (what a surprise with the amount of personal debt that this country is entering the recession with!!)is not good value then I would personally move on to another sector that you feel may perform better.....with regards to FRP......they are now on a forward p/e of just over 5.....that is too cheap......I guess the real worry with these debt co's is that the economy may actually be in great shape, house prices will return to agressive growth and unemployment will fall rapidly.......just got to pop out and round up those flying pigs!! Patience is a virtue.....Good luck all!!