Ramsdens - share monitoring

Discussion of the proposed Cashback Investment Club

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HOLD / BUY / SELL Ramsdens

Hold
9
64%
Buy
2
14%
Sell
3
21%
 
Total votes: 14

garindan
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Re: Ramsdens - share monitoring

Post by garindan » Tue Nov 03 2020 11:08am

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.
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parchedpeas
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Re: Ramsdens - share monitoring

Post by parchedpeas » Tue Nov 03 2020 12:09pm

Third'd.

In the absence of other ideas, if we're in, we might as well be 'in'
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burwin
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Re: Ramsdens - share monitoring

Post by burwin » Tue Nov 03 2020 9:27pm

parchedpeas wrote:
Tue Nov 03 2020 12:09pm
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.
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garindan
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Re: Ramsdens - share monitoring

Post by garindan » Sat Nov 14 2020 12:19pm

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.
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AAAlphaThunder
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Re: Ramsdens - share monitoring

Post by AAAlphaThunder » Mon Dec 21 2020 6:18pm

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
[Secretary] imutual Cashback Investment Club

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