Simon Thompson 

Exploit a golden value opportunity

Simon Thompson

Simon Thompson

The contribution from H&T’s (HAT:338p) acquisition of 65 stores trading as The Money Shop (TMS) last summer, and a £8m pledge book purchased from Albemarle & Bond in the autumn, helped the pawnbroking and financial services group to report a 45 per cent surge in annual pre-tax profit to £20.1m on 15 per cent higher revenue of £101m. However, pre-tax profits still came in 6 per cent ahead of Numis’s forecasts and that’s after the house broker pushed through 12 per cent upgrade in October.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now