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Park Group - The better hamper co (PKG)     

hangon - 28 Aug 2008 10:48

DYOR
This is the Hamper Co that doesn't say "no" -
-but folks may be wary after the collapse of the rival(?) Farepack - for reasons that seemed a little surprising at the time ( anyone jailed, yet?).

Park Group is subject to new Rules to secure savers' cash - but PKG always delivered, is my understanding.

Current sp is a result of the general market doom and nothing to do with their business, which peaks about the end of the year ( ie about a month before XMAS ) - but I wonder if they have other Plans for folks whose "feast" is at another time of year -
Anyone?

I have a very minor holding in this, but would like to see them successful again. For some folk a Saving Club is the only way they can finance their Xmas, otherwise they'd spend it all! I suspect PKG gets a good deal with the Vouchers from M&S and others ( check this) - on account of the probability folk will forget to redeem a few % ( or lose them - yikes!).
Also they have nearly half the money for several months interest-free - - - now that has to be a good business model.
Their operation has been on TV ( during the Farepack scandle) and it looks pretty slick and rarely does one hear of anything untoward...although small mistakes are always possible....
AGM's are at Tranmere Rovers' Football Club - Birkenhead - anyone fancy a kick-about? All in good fun, etc. =late Sept08 I understand.

HARRYCAT - 09 Jul 2018 09:48 - 21 of 21

Chart.aspx?Provider=EODIntra&Code=PKG&Si


StockMarketWire.com
Gift voucher supplier Park Group said it had signed collaboration contracts with retail businesses Arcadia Group, Courtesy Shoes, Office Outlet, DJM Music and Fat Face.

Arcadia, which owned high street brands such Topshop, Topman and Miss Selfridge, would now accept Park's 'Love2shop' vouchers, the company said.

As of July 2018, Wynsors World of Shoes, office and home suppliers Office Outlet, and online musical instrument specialists DJM Music, would also accept the vouchers.

Fat Face would gain accreditation for Park's e-money prepaid flexecash card by the end of Summer 2018.

The new retail additions meant Park's gift vouchers were now accepted by more than 175 national brands and over 20,000 high street stores across the UK, and almost 100 brands were now flexecash accredited, the company said.

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