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H&T - Pent up demand for short term loans

April 2020

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.

  • Epic Code:
  • HAT
  • Price:
  • 260p
      Some subscribers will have been wondering what on earth I was going to write about this month given that almost all investments appear to be compromised at present. I asked myself the same question several times in between hand washing and news checking and at the end of it decided to turn to “the world's second oldest profession,” pawnbroking - the provision of short-term loans - and where H&T is the UK market leader.Before I describe the positive aspects, there is an important caveat that there will be a short term impact of store closures since the government has recently announced that only “essential” retailers may remain open over the next few weeks, including supermarkets, pharmacies, garages a ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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