Angling Direct Share Discussion Threads

[eezymunny] 23/4/2019 08:30

With those lfl's ANG should be miles ahead of budget and making a lot of money IMVHO. How much of the uplift is weather related remains to be seen of course.

[opodio] 23/4/2019 07:27

PE still 600 then lol

[johnwise] 23/4/2019 07:10

23 April 2019

Angling Direct PLC New Store Opening and Trading Update

RNS Number : 6940W

Angling Direct is pleased to announce that it has enjoyed a record start to the year, with both the store network and e-commerce generating robust sales growth. The Company continues to improve and invest in the customer experience, which is reflected in the performance of its stores. Across all stores, like-for-like sales were up by 29.5% in February and March, and overall sales were up 28.5% compared to the previous year. Meanwhile, online orders for January and February were up by 27%, compared to the previous year, and the German, French and Dutch websites are also performing well, leading to a 66% jump in European sales. The Company's UK store roll out programme remains on track, with further stores in the pipeline for 2019.

Angling Direct's Chief Executive Officer, Darren Bailey, commented:

"Whilst other areas of the retail sector may be experiencing difficulties, we are delighted that our strategic focus on customer experience and service, as well as positioning our stores in the correct locations, is driving our growth and brand value. We look forward to updating the market on our further progress in due course."

The Company looks forward to reporting its Full Year Results for the 12-month period ended 31 January, 2019 on Monday 13 May, 2019.

[sharesoc] 22/4/2019 15:00

Angling Direct are exhibiting at Mello2019 which may be worth attending
ShareSoc have a special discount for our full members to the Mello2019 show! So, if you are planning on going to the Mello event it may be worth joining us as a full member too here:
You can save up to £60 on the £149 ticket if you join ShareSoc!

[kendonagasaki] 12/4/2019 22:41

If Blackrock are involved its a pump and dump!They have a track record DYOR?Please.

[davidosh] 02/4/2019 13:56

Just to mention that Angling Direct will be exhibiting and presenting at the Mello2019 event on Friday 17th May



They will be doing two presentations so one in the morning and one afternoon.

More info and tickets here...

If you want a 30% discount you can use this code in the box ADVFN30

[johnwise] 29/3/2019 18:18

Apr 12, 2018

BlackRock Profit Surges 27% as Exchange-Traded Funds Fuel Growth


Net income rose to $1.09 billion from $859 million a year earlier, the New York-based company said Thursday, April 12, in a statement. Adjusted earnings per share climbed to $6.70, beating the $6.40 average estimate of analysts in a survey by database provider FactSet.

Overall, BlackRock netted $56.9 billion of client inflows during the quarter, leaving overall assets under management up 17% over the past year.

[kendonagasaki] 29/3/2019 18:00

Beware of Blackrock!

[johnwise] 26/2/2019 07:27

"BlackRock, the world’s largest investment manager, its total assets under management $5.68 trillion."

If you read the Angling Direct "Pre-Close Trading Update"18/02/2019 below it is obvious why Blackrock continue to increase their holding in this company

[kendonagasaki] 25/2/2019 19:46

Caution advised here as Blackrock have increased their holding to 11 percent. They have been well known in the past for loaning out AIM stock to shorting syndicates.Be very wary of where you tread here.?

[kendonagasaki] 25/2/2019 19:37

Furher to fall here.Jam on the horizon?

[graham1ty] 20/2/2019 07:39

Just not enough detail in the RNS. We know revenue is growing as they are pouring money into new stores and marketing. But forecasts were for £44m and they have come in at £42m.

What is missing is anything on the cash position. They have £20m to burn through.....

And nothing on profitability. The forecasts are for losses the next two years. But vital for valuing this is whether the cross over to profits is still 2020....or 2021....or 2022

[kendonagasaki] 19/2/2019 14:43

retail and online growth slowing?

[kendonagasaki] 22/1/2019 13:22

Retail still dropping like a stone, online too is suffering in this downturn.

[kendonagasaki] 14/12/2018 17:54

This very overvalued especially in the retail sector of thier business.Heavy losses alround currently in all sectors.imo caution is advised.

[opodio] 24/10/2018 07:49

eps 1p lolol

[opodio] 24/10/2018 07:48

Massive dilution to eps from new shares

Should get back to the 64p float soon now the market is awash with shares

[douglas fir] 08/10/2018 11:47

Cash and cash equivalents at 31 July 2018 of £0.78 million..?

sustainable?

[wjccghcc] 08/10/2018 10:47

Umm, that's for the half year. FY forecast is for 2.1p so PE of 50. Not outrageous for a company growing sales at 56%.

[nobilis] 08/10/2018 07:19

Eps of 1.1p



FFS this is well overvalued
PE of 100

[thefartingcommie] 08/10/2018 07:13

Financial Highlights:

· Group revenue of £21.94 million up by 55.8% (H1 2018: £14.08 million)

· Gross profit of £7.22 million up by 52.6% (H1 2018: £4.73 million)

· Pre-tax profit of £0.57 million (H1: 2018 £0.09 million) after accelerated investment in European expansion

· EPS increased by 1.44 pence to 1.11 pence from a loss of 0.33 pence in H1 2018

· Cash and cash equivalents at 31 July 2018 of £0.78 million (H1 2018: £4.10 million)

[paraguay] 07/10/2018 22:57

No not a fisherman, but believe in the business model of building a dedicated fishing store group, in the same way pets at home did it. Years ago pets stores were an eclectic mix small Independant stores, very much like fishing stores now. I can see this changing- you just have to visit USA to see how it could be done.

[thefartingcommie] 07/10/2018 10:11

are you a fisherman?