Updates

Arrow Global

September 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.

Although the shares have jumped up and down more times than a safari park chimp, Arrow is finally in an uptrend, supported by H1 results. It seems the market may at last be starting to recognize the annuity style income from one of the UKâ€™s big three buyers of delinquent loans. Collections on Arrow's loan portfolio in the latest H1 grew by 11% to £69.3m and helped by collection costs coming in line, adjusted ebitda grew by 11% to £48m. Arrow spent a record £99.3m on buying portfolios (mainly in Portugal) with a face value of £1.05bn, split into two-thirds non paying and one third paying. Arrow estimates it paid 29.9p and 7p in the pound for paying and non-paying assets, respectively, so no sign it is having to chase pric ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Polypipe

Xaar

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 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.

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