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)

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.

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

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?

Changes at the top:

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

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

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

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

Not me Stan ..

sub 100p some point.

I think it's overdone

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.))

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.

Looking very cheap right now. Good article below.

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

Bought 2 long futures..

I've had a small dabble @24.5p

+21.5% today

33.25 currently Skinny, thats gives you a 35% gain.

Unfortunately only 'a punt'. But thanks for the heads up.

I'm out @39.15

I'm going to hold, have a little more faith in the companies pledge book. Have a good weekend.

Yes and you.