$ABM.L – Albemarle & Bond – nasty trading statement

Pawnbroker ABM (Albemarle & Bond) issued a trading update today (http://is.gd/RzXM6j) in which bodes ill for the share price. Here’s a few of the horror items:
* The pledge book has declined by 12% year on year
* constrained banking facilities
* delayed the publication of its 2013 annual report reflecting current uncertainties [maybe going concern uncertainties?]
* market expectations are significantly more optimistic than its own.


37.25p (before market opening)

About mcturra2000

Computer programmer living in Scotland.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s