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ANCR Animalcare Group Plc

211.00
0.00 (0.00%)
19 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Animalcare Group Plc LSE:ANCR London Ordinary Share GB0032350695 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 211.00 202.00 220.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Veterinary Service-livestock 71.62M 1.97M 0.0327 64.53 126.81M
Animalcare Group Plc is listed in the Veterinary Service-livestock sector of the London Stock Exchange with ticker ANCR. The last closing price for Animalcare was 211p. Over the last year, Animalcare shares have traded in a share price range of 140.75p to 225.00p.

Animalcare currently has 60,097,623 shares in issue. The market capitalisation of Animalcare is £126.81 million. Animalcare has a price to earnings ratio (PE ratio) of 64.53.

Animalcare Share Discussion Threads

Showing 176 to 198 of 200 messages
Chat Pages: 8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
16/3/2024
12:27
A pullback before heading higher imho.
Was fortunate enough to be accumulating for a while.
Patience needed.
GLA, dyor etc.

p1nkfish
16/3/2024
08:58
Looks like they got a very good price (£24.9m) for Identicare (annual sales just circa £3m) and the disposal has also enabled them to restructure the balance sheet with a post completition net cash position of circa £27m. Would doubt that the CMA investigation would have any significant concerns for them since the issue relates to Vet mark up margins rather than ANCR wholesale prices. This company seems to be under most retail investors radar screens but circa 70% of the shares are owned by around half a dozen institutions so this looks worth further research and investigation.
masurenguy
13/3/2024
16:17
have to agree that ANCR least likely to be affected by the CMA enquiry, just putting it out as a conjecture, if the whole vet industry is to be brought to heal by the authorities. Not trying to scare at all as ANCR is a family holding, albeit small, sadly, in comparison with my own holding in CVSG which is much more in the firing line.
1c3479z
13/3/2024
15:13
Exactly. Trying to scare.
Need more vets = more competition = more demand = good for all except monopoly vets.
ANCR should not be damaged but more likely see more demand.

p1nkfish
13/3/2024
14:34
No. The CMA was complaining that some vets add a big mark up on the wholesale price vs the internet pharmacies.
wjccghcc
13/3/2024
14:28
Trying to scare?
Ignore and carry on.

p1nkfish
13/3/2024
13:22
CMA mounting a big enquiry, will that impact the price of veterinary drugs in general including wholesale?
1c3479z
05/3/2024
09:34
A monthly close above 229.5p and there is a chance it runs a while, no doubt some set backs along the way, but likely heading a decent amount higher thereafter. Dyor etc.
p1nkfish
28/2/2024
13:00
Need more Vets to increase competition and that should also increase demand for AnimalCare products.
p1nkfish
28/2/2024
12:13
More to do with Vets services and practices I believe.
p1nkfish
28/2/2024
11:44
Will the CMA enquiry cause them any trouble if they've to reduce their product prices?
1c3479z
28/2/2024
08:51
Was buying this whilst no one else was interested. Should have bought more. Can become a lovely little business spinning off cash and with some growth thrown in - assuming they allocate the cash wisely, which I think they will. CEO seems sensible.
p1nkfish
28/2/2024
08:09
If we were lucky enough to close the month over about 229.5p the complexion would change considerably. Perhaps a pullback afterwards but then march onwards and upwards imho. Dyor etc.
p1nkfish
28/2/2024
08:07
There's always the risk the capital isn't allocated wisely but the CEO appears sensible overall with a keen focus on cash conversion and stable growth. My target (I don't have a timescale) is £4+. Dyor etc, I'm often wrong.

Do suspect they have some targets for the cash lined-up.

p1nkfish
28/2/2024
07:52
From the latest preliminary financial update: "The Group ended the financial year in a net cash position, pre IFRS16 leases, of £1.7 million, (31 December 2022: £2.4 million debt). This very strong financial platform enables the pursuit of inorganic and organic opportunities that support the Group's long-term growth strategy."

Today after Identicare sale: "........cash consideration of £24.9m (the "Consideration") payable upon completion of this sale........Upon receipt of the Consideration and after fees associated with the transaction, the Company's net cash is expected to be around £27.0m."

About £116M market cap with net cash of £27M and £74.4M revenue last year with strong cash conversion, lose about £3M revenue from Identicare (haven't checked if profit contribution, certainly was growing & probably a decent margin).

Now more focussed. See if it garners interest in the next few weeks prior to results on 9th April.

Still a lovely and quiet PBB.

p1nkfish
28/2/2024
07:33
Excellent if they use the money wisely,
1c3479z
28/2/2024
07:31
Indenticare disposal and now a stronger balance sheet loaded up with cash.
I wasn't expecting a change this quickly.
Good news overall and now focus on core business growth.

"Jenny Winter, Chief Executive Officer commented: "I'm very proud to see what we have achieved with Identicare in recent years. Today's decision to crystallise the value from the sale is the logical next step, significantly strengthening our balance sheet and giving us additional financial flexibility and firepower as we concentrate on growing our pharmaceutical-focused animal health business.""

p1nkfish
08/2/2024
16:39
May pullback but looking like a breakout and still lovely and quiet.
p1nkfish
07/2/2024
12:26
May not be this week but getting there.
p1nkfish
02/2/2024
13:19
Slowly moving, weekly close above 189p then a new phase imho, dyor etc.
p1nkfish
30/1/2024
19:07
Lovely and quiet here, just how I like it.
p1nkfish
25/1/2024
12:41
With some developments on the consumer side this could really show some growth.
CEO appears to be very capable.
More I dig tge more I quite like the potential, steady growth and now no bet debt. Dyor etc, I'm often wrong.

p1nkfish
25/1/2024
07:15
TU confirms now net cash, turned a corner, ready for next stage of development.
Patience needed but looking decent.

p1nkfish
Chat Pages: 8  7  6  5  4  3  2  1

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