Ramsdens Holdings (RFX)

Sector:

Financials

Index:

FTSE AIM All-Share

196.67p
   
  • Change Today:
      1.67p
  • 52 Week High: 262.50
  • 52 Week Low: 171.50
  • Currency: UK Pounds
  • Shares Issued: 31.71m
  • Volume: 48,734
  • Market Cap: £62.37m
  • RiskGrade: 193

Ramsdens Holdings trading 'well' in 'challenging' environment

By Michele Maatouk

Date: Monday 07 Oct 2019

LONDON (ShareCast) - (Sharecast News) - Pawnbroker and foreign exchange company Ramsdens Holdings said on Monday that it has continued to trade well in the first half of the year.
In an update ahead of its results for the six months to 30 September, the company said its profit performance has been in line with the board's expectations, reflecting "the strength of the group's business model and diversified income streams" in what remains "a challenging consumer environment".

Also during the half, Ramsdens' management decided to scrap some of its slower-moving jewellery stock to take advantage of a relatively high gold price. As a result, it will report an additional, non-recurring gross profit of around £600,000 in its interim results.

Ramsdens said the stores acquired from The Money Shop have performed well and it continues to appraise acquisition opportunities in this "highly fragmented" market. It added that the widely-publicised recent collapse of one of the group's largest competitors has again highlighted the importance of its "outstanding and highly-trusted customer proposition".

Pawnbroker Albermarle & Bond went bust last month.

Chief executive officer Peter Kenyon said: "The board remains confident that the group will continue to successfully deliver its strategic objectives and make further progress during the second half of the year."

At 0950 BST, the shares were up 1.3% at 196p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RFX Market Data

Currency UK Pounds
Share Price 196.67p
Change Today 1.67p
% Change 0.85 %
52 Week High 262.50
52 Week Low 171.50
Volume 48,734
Shares Issued 31.71m
Market Cap £62.37m
RiskGrade 193

RFX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.81% above the market average48.81% above the market average48.81% above the market average48.81% above the market average48.81% above the market average
31.43% below the sector average31.43% below the sector average31.43% below the sector average31.43% below the sector average31.43% below the sector average
Price Trend
1.49% above the market average1.49% above the market average1.49% above the market average1.49% above the market average1.49% above the market average
17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average17.24% above the sector average
Income
85.10% above the market average85.10% above the market average85.10% above the market average85.10% above the market average85.10% above the market average
60.61% above the sector average60.61% above the sector average60.61% above the sector average60.61% above the sector average60.61% above the sector average
Growth
91.49% above the market average91.49% above the market average91.49% above the market average91.49% above the market average91.49% above the market average
98.13% above the sector average98.13% above the sector average98.13% above the sector average98.13% above the sector average98.13% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RFX Dividends

  Latest Previous
  Final Interim
Ex-Div 15-Feb-24 07-Sep-23
Paid 22-Mar-24 06-Oct-23
Amount 7.10p 3.30p

Trades for 28-Mar-2024

Time Volume / Share Price
15:40 2 @ 200.00p
15:40 1 @ 200.00p
15:40 1 @ 200.00p
15:40 2 @ 200.00p
15:36 5 @ 192.50p

RFX Key Personnel

CEO Peter Edward Kenyon
CFO Martin Anthony Clyburn

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