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Share holdings Alberm.& Bond (ABM)     

stockbunny - 21 Nov 2003 15:03

I've been wading through company reports recently (still am..) to
further research companies I thought looked interesting. One of
those companies was AIM listed Albemarle & Bond (ABM)

During reading I found a potentially interesting piece of information
that I wish to pass on to anyone who may be interested.
This information is taken from the company report and accounts 2003,
but is written in my own words.

There appears to be a 28.93% share holding in the company by EZCorp.
International Inc.- this is the largest share holding listed. Further
there appears to be two members of EZCorp on the board of Albermarle.
The lastest addition being Philip Cohen who is(chairman of Morgan
Schiff & Co)and the controlling shareholder of EZ Corp.

I'm not offering any personal appraisal of whether the above is a
good or bad or indifferent matter to potential share-holders.
But I do think it is something a potential investor may wish to
research further. ABM's company report is available via the free
service (FT)

hawkeye - 21 Nov 2003 16:02 - 2 of 118

stockbunny, for what it's worth, this is taken from the Nov issue of AIM & OFEX newsletter:

"US pawnbroker EZ Corp has a 28.9% share of the company and has 3 reps on the board. However this is viewed as a protective stake and there is little prospect of a bid from this quarter".

They rated it a buy @ 103.5p. Now stands @ 93.5p but pretty much the whole of AIM has taken a hit these last few days.

stockbunny - 21 Nov 2003 16:18 - 3 of 118

Thanks for adding this hawkeye, as I said I am not passing any
comment positive or negative on the information but thought it
may be of interest to others, guess it all proves the old saying
Do your Research and ultimately follow your instincts based on
the information you find. Couldn't find any existing threads on
this company, so it appears to have been 'quiet' on the board.
Agreed AIM - amongst other indices - have taken a hit this week
roll on next week and hopefully a bit more positive movement all
round.

8 Ball - 19 Dec 2003 20:21 - 4 of 118

Have also been into this one for a few month's got in at 79p.
Here's a link to the website.

http://www.albemarlebond.com/

With interest rates on the up and some strict regulations on loan sharks, the future looks good.

This share that is well suported by assets.

8 Ball - 29 Dec 2003 21:50 - 5 of 118

10% rise today, any ideas why?

Exotoxin - 31 Jan 2006 11:44 - 6 of 118

Screaming North recently

Stan - 17 Jul 2007 22:35 - 7 of 118

Might be worth looking at again.

Stan - 29 Nov 2007 10:41 - 8 of 118

10:10 Albemarle & Bond Hld (ABM) Director/PDMR Shareholding RNS

Are so thats why the price has been drifting down then.

Stan - 15 Feb 2008 14:31 - 9 of 118

Results out last Mon. didn't look frighting, but 166,000 trades today so far (3 times Av.Vol.) and all sells according to the trades page on here...oh yes and the price hasn't moved a jot all day.

Wonder whats cooking? and Is It burning? will be interesting to see what happens to SP later.

Stan - 08 Oct 2008 10:23 - 10 of 118

A bit more share juggling by Mr. Nicholls I see today.

Stan - 28 May 2009 17:00 - 11 of 118

Zipped up earlier this week after a trading statement but usually shunts up July/August looking at the 10 yr chart.

Anyone in to these lately?

Stan - 13 Aug 2009 10:10 - 12 of 118

Changes at the top:

http://www.moneyam.com/action/nav/news?epic=ABM

Stan - 25 Sep 2012 07:15 - 13 of 118

Finals out today: http://www.moneyam.com/action/news/showArticle?id=4451162

Stan - 26 Sep 2012 08:32 - 14 of 118

Down over 12% yesterday, Sell on the news with this one I suspect.

Stan - 22 Apr 2013 10:20 - 15 of 118

Down around 35% at one point this morning, drop in gold price have hit the SP hard, Hope no one here still holds them.

mitzy - 22 Apr 2013 10:29 - 16 of 118

Not me Stan ..

sub 100p some point.

Shortie - 22 Apr 2013 11:20 - 17 of 118

I think it's overdone

hangon - 09 Jul 2013 13:59 - 18 of 118

SP down due to fear of Gold hitting the real High Street. I guess folks have already sold everything to Scrap for Cash merchants and ABM is staring at an empty shop, but still paying Rental.

Yield is nearly 6%, so previously under 3% which isn't generous for a business that has little Tech-risk . . . . but I guess they cared not to see the Elephant (in the shop) that was invisible customers, now that everyone has pawned whatever and have stopped buying expensive-stuff they don't need.

Could go sub-£1 if their situation doesn't improve and even an uplift in US economy (and China, too) will to too distant for ABM, which could teeter for a year or more, er IMHO. I'm not about to buy, until that yield is g'teed; losing that will shock the sp some more. One to watch from the sidelines, perhaps? (( & See Stan, Post#11.))

Shortie - 02 Oct 2013 11:05 - 19 of 118

Shares in Albemarle & Bond, one of the UK's biggest pawnbrokers, have fallen sharply again after it failed to get support for plans to raise £35m.

On Monday, it had warned of "significant uncertainty" over its profitability, which could force it to breach debt agreements.

But attempts to persuade its biggest shareholder EZCORP International to underwrite a share sale failed.

The firm is now in discussions with its banks about lending arrangements.

Shortie - 02 Oct 2013 14:20 - 20 of 118

Looking very cheap right now. Good article below.

http://ftalphaville.ft.com/2013/10/02/1654932/pawned-out/

Shortie - 02 Oct 2013 16:33 - 21 of 118

Bought 2 long futures..
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