Ramsdens - share monitoring

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HOLD / BUY / SELL Ramsdens

Hold
10
71%
Buy
1
7%
Sell
3
21%
 
Total votes: 14

AAAlphaThunder
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Re: Ramsdens - share monitoring

Post by AAAlphaThunder » Tue Oct 08, 2019 4:33 am

garindan wrote:
Mon Oct 07, 2019 12:56 pm
Good trading update from Ramsdens this morning and they didn't even mention how the fish and chips arm is doing (!). Looks like we might do well to stick in this one for a while.
As I write we are +4% up.
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Re: Ramsdens - share monitoring

Post by AAAlphaThunder » Fri Oct 11, 2019 1:44 am

Ramsdens [RFX]
Our Performance: +2.4%
Current Buy: 192.77
Current Year High: 197.50 [21/09/2019]
Current Year Low: 147.50 [21/09/2019]
Current Dividend Yield: 3.84% [21/09/2019]
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https://www.hl.co.uk/shares/shares-sear ... rd-gbp0.01
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Re: Ramsdens - share monitoring

Post by AAAlphaThunder » Thu Oct 17, 2019 11:36 pm

Ramsdens [RFX]
Our Performance: +3.4%
Current Buy: 195.00
Current Year High: 197.50 [21/09/2019]
Current Year Low: 147.50 [21/09/2019]
Current Dividend Yield: 3.84% [21/09/2019]
Image

https://www.hl.co.uk/shares/shares-sear ... rd-gbp0.01
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Re: Ramsdens - share monitoring

Post by garindan » Sun Nov 03, 2019 1:47 pm

Just done nicely on this with a £25 dividend payout. Now over 12% up for us.
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Re: Ramsdens - share monitoring

Post by garindan » Mon Nov 18, 2019 5:34 pm

Unfortunate news from a rival pawnbroker today, with regard to their high unsecured interest loans, which hit the Ramsdens share price today to the tune of ~7%. Hopefully this is a knee-jerk reaction because Ramsdens is also a pawnbroker and thus taking a contagion hit.

From www.theguardian.com:
H&T Group, the pawnbroker, said it is working closely with the Financial Conduct Authority, which is conducting a regulatory review of its “high-cost short term credit” unsecured loans business. The review focuses on the assessment of the company’s creditworthiness and its lending processes. The pawnbroker has stopped all HCSTC unsecured lending while it works through the review process with the City watchdog, and is reviewing its lending over the past six years, and whether it needs to pay any compensation to customers. It has had unsecured loans of £3m, on average, rising to a peak of £4m in December 2016, and now at £3m. The firm collected total interest payments of £24m over the period. However, it noted that HCSTC unsecured lending is only 4% of its overall business. The news sent H&T shares down 17.5% to 305p. H&T recently paid £8m to buy out the loans and “pledge books” of Albemarle & Bond, a rival pawnbroker which abruptly shut all its 116 stores in September. This means A&B customers can collect their pawned items from H&T outlets.
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Re: Ramsdens - share monitoring

Post by AAAlphaThunder » Mon Nov 25, 2019 4:26 pm

Ramsdens [RFX]
Our Performance: +6.5%
Current Buy: 196.00
Current Year High: 210.50 [25/11/2019]
Current Year Low: 147.50 [25/11/2019]
Current Dividend Yield: 3.69% [25/11/2019]
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Re: Ramsdens - share monitoring

Post by Beachboy » Mon Dec 09, 2019 3:06 pm

Currently up over 20%. My vote is for sell because we have held this a little while now and think this would be a very strong return and allow us to select a new investment opportunity that can hopefully do equally as well.
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Re: Ramsdens - share monitoring

Post by garindan » Mon Dec 09, 2019 6:13 pm

Beachboy wrote:
Mon Dec 09, 2019 3:06 pm
Currently up over 20%. My vote is for sell because we have held this a little while now and think this would be a very strong return and allow us to select a new investment opportunity that can hopefully do equally as well.
I can understand that. From my personal view I'd rather hold this one as I think there is a fair bit more in the tank to go on it before it reaches a new peak. If I was to have to sell any of our current shares I would go for FDM Group. I think it has a bit more to give but significantly less than Ramsdens.
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Re: Ramsdens - share monitoring

Post by AAAlphaThunder » Fri Dec 13, 2019 4:29 pm

Up 20%.
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Re: Ramsdens - share monitoring

Post by garindan » Fri Dec 13, 2019 4:50 pm

So what are members looking for on this one? I'm in for a 250p sale point myself, so another 10% from here, at today's price.
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