Ramsdens Holdings (RFX)

Sector:

Financials

Index:

FTSE AIM All-Share

 200.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 262.50p
  • 52 Week Low: 171.50p
  • Currency: UK Pounds
  • Shares Issued: 31.90m
  • Volume: 200,017
  • Market Cap: £63.79m
  • 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.

Email this article to a friend

or share it with one of these popular networks:


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 200.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 262.50p
52 Week Low 171.50p
Volume 200,017
Shares Issued 31.90m
Market Cap £63.79m
RiskGrade 193

RFX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.86% above the market average57.86% above the market average57.86% above the market average57.86% above the market average57.86% above the market average
27.78% below the sector average27.78% below the sector average27.78% below the sector average27.78% below the sector average27.78% below the sector average
Price Trend
20.44% below the market average20.44% below the market average20.44% below the market average20.44% below the market average20.44% below the market average
25.22% below the sector average25.22% below the sector average25.22% below the sector average25.22% below the sector average25.22% below the sector average
Income
88.68% above the market average88.68% above the market average88.68% above the market average88.68% above the market average88.68% above the market average
67.16% above the sector average67.16% above the sector average67.16% above the sector average67.16% above the sector average67.16% above the sector average
Growth
92.85% above the market average92.85% above the market average92.85% above the market average92.85% above the market average92.85% above the market average
96.33% above the sector average96.33% above the sector average96.33% above the sector average96.33% above the sector average96.33% 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 24-May-2024

Time Volume / Share Price
16:37 50,000 @ 200.00p
09:14 55,534 @ 200.55p
16:03 1,964 @ 200.00p
15:52 5,000 @ 200.48p
15:50 5,000 @ 200.48p

RFX Key Personnel

CEO Peter Edward Kenyon
CFO Martin Anthony Clyburn

Top of Page