Updates

H&T - Gold trading bolsters profit by Â£2.4m

September 2008

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.

H&T, the UK's largest pawnbroker, has issued a strong set of interims leading to a second upgrade to broker forecasts in six months. Pretax profit was Â£4.6m in H1 08 compared with Â£3.3m in H1 07. Adjusted eps lifted by 25% to 8.9p.For those subscribers who are new to the business, the company's mainstay is to provide pawn loans and speciality finance (short-term cash advances, cheque cashing) to individuals. In addition, the company also sells jewellery in its shops that has been forfeited in connection with its pawn lending operations. In current markets, where creditworthiness of customers has come to the fore in everyone's minds, what makes H&T a beautiful business is that its lending is secured against a custo ...

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ATH Resources

Kentz - Results on 15 September

H&T - Raises interest on its pawn loans by 0.5% (April 2024)

H&T - Still high demand for short term loans (September 2023)

H&T (June 2023)

H&T - Upgrades driven by pawnbroking, scrappage and FX (April 2023)

H&T (March 2021)

H&T - Pent up demand for short term loans (April 2020)

H&T (January 2012)

H&T - Continuing to benefit from high gold price (September 2011)

H&T - Making hay from high gold price (October 2010)

H&T (May 2010)

H&T (February 2010)

H&T - Forecasts upgraded from Â£14.6m to Â£18.2m (eps 37p) (November 2009)

H&T - Boosted by gold scrapping profits (September 2009)

H&T - Barnstorming progress in light of high gold price (June 2009)

H&T - Gold price and weak pound boost profits (March 2009)

H&T (February 2009)

H&T - High gold price boosts profits (May 2008)

H&T (February 2008)

H&T (December 2007)

H&T (June 2007)

H&T - Classic defensive stock (February 2007)

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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