Ramsdens - share monitoring

[garindan]

I can't see the point in holding cash any longer and we have seen Ramsden's is strong. Just need to get out the other side of the Covid situation for them and Bakkavor to significantly push the share price upward.

[parchedpeas]

Third'd.

In the absence of other ideas, if we're in, we might as well be 'in'

[burwin]

Third'd.

In the absence of other ideas, if we're in, we might as well be 'in'

Yes I agree... the market is currently cheap and its too hard to call/time the market.
As an investment club we should be fully invested.

[garindan]

So no further input received from others but thanks to those who did. The share price has risen a fair bit since I raised the idea but I don't personally see it going down again in any substantial way, especially now the financial status of Ramsdens is known.

I will start a poll here.

[BeautifulSunshine]

Ramsdens has been tipped in "Investor's Champion's latest 'A Christmas gift from AIM'":

This underrated gem could sparkle in 2021
17/12/2020 · Ramsdens Holdings PLC (RFX)

This diversified financial retailer, has just announced commendable results over a difficult period, demonstrating considerable resilience. Sitting on plenty of cash, its diversified offering means it is well-placed to weather further short term disruption and go on to thrive when markets do return to the new normal. Our in-depth commentary here highlights the appeal of this under-appreciated and modestly valued business.

A little history
The first Ramsdens (LON:RFX) opened in Stockton-on-Tees in May 1987 and was involved primarily in home collected credit. By the 1990s it had expanded and today provides a diversified range of financial-related services which encompass pawnbroking loans, gold buying, jewellery retailing and foreign exchange.

https://www.investorschampion.com/chann ... ch-in-2021

[Beachboy]

This share has just tipped back over into profit (albeit a very small one). This is the first time since the pandemic I believe. Does anyone have any intel about Ramsden's or the sector generally that suggests it is likely to flourish in the coming months or is now a good time to jump ship unscathed and look at other opportunities?