Updates

Ramsdens - Strong trading boosted by gold buying

November 2025

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 sustained rally in gold - now above US$4,000/oz - has prompted Ramsdens to upgrade FY25 guidance. Unlike peer H&T, which fell to a bidder earlier this year and remains primarily focused on pawnbroking, Ramsdens has long positioned itself more aggressively in the precious-metals segment. Store staff are notably proactive in encouraging customers to liquidate gold holdings and this strategy is paying dividends: gross profit from precious-metals buying surged 50% year-on-year. The pawnbroking loan book has, however, managed to grow by 8% year-on-year to £11.5m having declined modestly in the two prior half-year periods. A new website, as well as investment in stock, drove a 15% increase in Jewellery gross profit. FX gross pro ...

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Advanced AdvT

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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