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Arrow

December 2017

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:
  • ARW
  • Price:
  • 389p
Arrow was a main write up back in November 2013. The FT hated it at the time and described it as esoteric when really it was rather a simple business but with complex accounting. Arrow basically buys distressed debt off mainstream lenders, after an account has defaulted at a hefty discount and then tries to collect it. As we said back then, “from a shareholder’s point of view, the exciting thing is that returns are high and monthly collections, which are around the £25 mark per customer, become almost annuity-like income streams.” Arrow has been doing this for such a long time that it now has significant data on defaulting customers and is able to estimate the costs of extracting repayments, helping it to determin ...

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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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