Updates

Arrow Global - Buys student loans from government

December 2013

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.

Arrow was reviewed in last month's SCSW. Jefferies has since initiated with a 12-month share price target of 330p. The broker is looking at eps of 15.5p for the year ending this month. Forecast for next year is 17.2p rising to 20.3p the year after. Since the note, Arrow has reported Q3 results (Â£39.4m pretax profit for the nine months to end September, up 66%). It has also hit the headlines after it said that as part of a consortium (which includes investment firm CarVal), it has bought 250,000 student loans from the government for Â£160m. Arrow will be the master servicer for this portfolio and has invested Â£11m and has undertaken to invest another Â£22m by January 2016. Great news â€“ especially as it might be a precurso ...

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Accesso

Andor - 500p a share bid approach

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 - RBS overhang gone (April 2014)

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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