Updates

Albemarle & Bond - Lending crisis still driving demand

January 2012

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The relentless squeeze on incomes would appear to be playing into the hands of pawnbroker Albemarle & Bond, which noted at its AGM that its good trading has continued. Within its pawnbroking side the pledge book has increased against strong comparatives the previous year, while it has opened 10 full line stores and expects to open 25 in the current financial year. Encouragingly, the store openings from 2009 and 2010 have started contributing to profits, which means that overall profit dilution from the latest openings will be lower. Also going well is its g ...

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Umeco - Piggy-backing on demand for Boeingâ€™s â€œDreamlinerâ€

ITE - Another eps upgrade leaves shares looking cheap

Albemarle & Bond - To scale back new openings (November 2012)

Albemarle & Bond - Increased competition clips forecasts (August 2012)

Albemarle & Bond - Bank refinancing underpins expansion (April 2012)

Albemarle & Bond - Very strong growth expected from store expansion (July 2011)

Albemarle & Bond (November 2010)

Albemarle & Bond (August 2010)

Albemarle & Bond - Openings to accelerate to 25 a year (April 2010)

Albemarle & Bond - Pawnbroker enjoying windfall gains from surge in gold (November 2009)

Albemarle & Bond - Trading ahead of expectations (July 2009)

Albermarle & Bond - Pawnbroker benefiting from credit crunch (April 2009)

Albemarle & Bond - Pawnbroker likely to be big winner from credit crunch (November 2008)

Albemarle & Bond - Loan book increases to Â£8.4m (March 2003)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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