Updates

Ramsdens

February 2026

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 current market conditions seem perfectly tailored for Ramsdens, now the only listed pawnbroker. As full year results this month showed, pretax profit and EPS surged 40% to £16.2m and 37p, respectively. Everyone focuses on gold buying as the main driver to Ramsdens - and it was: average 9-carat gold rose 34% to £28.23/gram, volumes up 14%, and gross profit from precious metals soared 52% to £17.9m. The lag from buying to smelting/processing amplified margins amid the climb. Gold has since hit record highs (above $5,600/oz in January) but pulled back sharply to around $4,760–$4,780/oz as of 2 February, amid one of the steepest corrections in recent memory. This volatility tempers near-term upside from gold buying compared to the ...

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Lords Group Trading

Staffline - Trading well ahead of expectations

Ramsdens - Strong trading boosted by gold buying (November 2025)

Ramsdens (February 2025)

Ramsdens - Recovery in premium watch sales (July 2024)

Ramsdens (March 2024)

Ramsdens - Fifth eps upgrade in 12 months (July 2023)

Ramsdens - Eps forecasts climb 6% for this year and next (November 2022)

Ramsdens Holdings - FX yield jumps from 2.1% to 3.6% (July 2022)

Ramsdens - FX volumes climb as travel resumes (February 2022)

Ramsdens - Could exceed expectations (January 2020)

Ramsdens - Beneficiary of higher gold price (July 2019)

Ramsdens (July 2018)

Ramsdens (February 2018)

Ramsdens - 'Materially ahead of forecasts' (October 2017)

Ramsdens - Pawnbroker but with travel money activity (July 2017)

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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