Updates

Arrow Global - RBS overhang gone

April 2014

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 longstanding overhang that has been keeping a lid on the share price finally cleared after the 23.9% stake owned by RBS Special Opportunities was placed. The convoy of nominated RBS directors have also stood down. Itâ€™s always the way; the market gets a whiff of the placing and if itâ€™s a former VC backer heading out, investors aim to discount the price they pay.As it was, the share price has receded from the 270p it hit after the very strong results when Arrow reported an adjusted pretax profit of Â£25.2m and eps of 16p. Arrow acquired Â£101m of loan portfolios last year, up from Â£83.9m the year before, with a face value of Â£1.37bn and the total face value increased to Â£7.2bn (or Â£9.6bn including external assets). ...

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Arrow (December 2017)

Arrow (September 2017)

Arrow (October 2016)

Arrow Global (June 2015)

Arrow (April 2015)

Arrow Global - Strongly eps enhancing acquisition (October 2014)

Arrow Global (September 2014)

Arrow Globall - Bumper Q1 for debt buying (June 2014)

Arrow Global - Buys student loans from government (December 2013)

Arrow Global - The hallmark of a reliable performer (November 2013)

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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