Updates

Arrow Global - Strongly eps enhancing acquisition

October 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 shares went higher after Arrow said it was buying Capquest, a UK consumer debt purchaser and outsourced collections provider, for £158m. Arrow is raising £225m in new debt to fund the deal and allow for further transactions.Capquest is a UK debt purchaser and outsourced collections provider that owns and services portfolios in the financial services and also in the retail, telecommunication and motor finance sectors (the latter two will be new for Arrow). As well as tracing customers and servicing its owned purchased portfolios, Capquest also collects debts itself and on behalf of third party customers.It holds debt with a face value of £4.1bn across 2.8m owned customer accounts as at 30 June. The acquis ...

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Topps Tiles

Arrow (December 2017)

Arrow (September 2017)

Arrow (October 2016)

Arrow Global (June 2015)

Arrow (April 2015)

Arrow Global (September 2014)

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

Arrow Global - RBS overhang gone (April 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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