partridge
- 11 Jul 2008 11:34
Scottish based personal/corporate debt advisory service. Historically ,more biased towards personal sector and felt pain of banks reluctance to join in IVAs (Trust Deeds in Scotland) towards end of last year. Looks well managed and decent profit/cash generation. Low profile, but good track record backed up by strong balance sheet (market cap only 17M, but cash 4M at March 2008 and maiden dividend declared). Recent comment suggests they may do well from the current debt problems in both personal and smaller business sectors - imo an interesting alternative to TNO or BEG but always DYOR.
partridge
- 11 Jul 2008 14:14
- 3 of 3
On closer look, moneyam "fundamental information" seems unable to multiply the number of shares by the share price. Market cap is just shy of 25M and not 17M as I posted earlier. Apologies.