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Share Name Share Symbol Market Type Share ISIN Share Description
Angling Direct Plc LSE:ANG London Ordinary Share GB00BF1XGQ00 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 62.50 61.00 64.00 62.50 62.50 62.50 19,290 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Leisure Goods 53.2 -1.5 -2.0 - 47

Angling Direct Share Discussion Threads

Showing 76 to 98 of 175 messages
Chat Pages: 7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
27/1/2020
13:58
I am sure you are correct Wan, evident they are investing heavily within the business, and that having an on the bottom line, like to see higher margins, so hope they can maintain the momentum. Off course Go Outdoors, JD Sports, now a significant competitor, but branding important and Angling Direct a strong one at that!
bookbroker
27/1/2020
13:44
ANG's strategy is not one based on simply opening store after store, with some key acquisitions also making a big difference. Take the most recent acquisition, Eric's Angling, a well regarded business that also had a notable online presence, which had combined revenues for 2018 of £5.2m. Given the strength of ANG's offering (which is not standing still), strategic store opening can yield more that just ending up with a new well located store! The retailing of specialist fishing tackle is a very different business to most retail businesses, and in my view ANG will continue to significantly outperform the overall retail market. Interestingly, net cash 31st January 2019 - £13.5m and net cash 31st July 2019 - £13.3m, achieved despite new store openings and operational investment. Clearly, further business investment and an acquisition has been made post the July figure, but the previous 6 months trading may highlight an important trend.....Time will tell!
wan
27/1/2020
11:42
Not sure if the strategy of opening store after store a wise move, after they are going against the grain. Having said that fishing is an experience sport and pastime, and it suggests that anglers wish to visualise the product before parting with their cash. The margins in this business are derisory, so I would sense more online is more efficient than offline, time will tell. But off course physical presence means more staff, higher overheads through distribution and admin costs, rent, rates and personnel costs. Is that the best way to improve the business!
bookbroker
27/1/2020
09:55
It will be very interesting to see what the Trading Update reveals next month. With Christmas trading coming off the back of the record Black Friday performance, and with the effects from some key store openings and in particular recent business acquisitions, all of which, in my view, appears set to have a very positive effect on revenues. Speaking from experience, fishing gear is always on fishermen's Christmas lists and if they don't get it, they usually buy it afterwards anyway!
wan
27/12/2019
09:26
Some good coverage and commentary in the FT - 26th December 2019 Niche operators show resilience in face of retail gloom Consumers’ reluctance to sacrifice hobbies and staff’s shared enthusiasm help specialists thrive hTTps://www.ft.com/content/88064d08-2024-11ea-b8a1-584213ee7b2b
wan
25/11/2019
09:21
Recorded as so on here ( although I appreciate ADVFN may not be reliable) and the price as far as I can remember
gswredland
22/11/2019
17:53
Why do you think they are sells?
davr0s
22/11/2019
16:43
Must be a big overhang her as those massive sells didn’t touch the price
gswredland
21/9/2019
11:07
I like this stock as Angling has a huge following and the company does appear to recognise the enormous value of on-line sales to support their retail outlets. Whether good margins are available remains to be seen-but logically why not?? Certainly however not one for widows and orphans.
tarrant777
29/8/2019
20:26
Retail sector continuing to drop again.
kendonagasaki
12/8/2019
07:50
ANG trading update. It is all very well, but there is no context given here. They are expanding rapidly, mainly through new store openings, but also expanding their digital footprint. Revenue is well up, gross margin seems to be OK (32.1% is fractionally lower than last two years) BUT ANG is not forecast to be profitable until 2021, and then by only £0.5m. Are they on track ? Haven’t a clue ? Have they spent well the £20m they raised for expansion ? Haven’t a clue. Are they ahead, falling behind or cautiously optimistic ? Haven’t a clue. We might get a little guidance by any broker forecast changes, though it is unlikely Cenkos will publish anything until the actual results are out in October. This is impossible to value unless they give meaningful “milestones221;.
graham1ty
07/6/2019
18:26
I have worked for angling direct and know first hand that the bubble will soon burst, poor management from my area manager and above. No care for their staff absolutely no structure for my store from the moment it opened. They break even or even make losses on big ticket items and hope there retainers give them there overall profit. The new store I was in was taking as little as 100£ and since I left I’ve heard it’s terrible with service and people avoiding it. Invest in something else before you lose it all
jamakers
14/5/2019
01:48
Just to mention Angling Direct will be exhibiting at the Mello2019 event in Chiswick, London W4 which starts this Thursday... Https://melloevents.com/event/ ANG will be having a stand on the Friday and there are over 60 companies coming to the event and some great speakers and panel sessions. You can get tickets at 30% discount if you use the discount code Advfn30 before 16th May
davidosh
13/5/2019
06:41
The Company recorded gross profits of GBP13.8m, up 40% on the previous year (2018: GBP9.9m). Gross margins increased in the year by 0.3% to 32.9%, (2018: 32.6%). The loss before tax is GBP0.3m (2018: profit before tax of GBP0.2m) as we have invested in the infrastructure of our business for the future.
johnwise
13/5/2019
06:22
Growth, lots of growth. Gross margin steady. But with revenue up 39% and admin costs up 57%, it was never going to be profitable
graham1ty
13/5/2019
06:13
13/05/2019 7:00am RNS Number : 7420Y Angling Direct PLC Final Results https://uk.advfn.com/stock-market/london/angling-direct-ANG/share-news/Angling-Direct-PLC-Final-Results/79894185
johnwise
30/4/2019
08:28
kendo Have you not spotted it's a growing company continually expanding, like a sports direct of the angling world. To try to compare retail sales drops to angling potential sales is complete nonsense imo. Angling is huge in terms the sales involved. A great idea imo by the founders to bring the retail industry in that sector up to date. The only issue I see here currently is a big lack of loose stock to be able to buy any shares. Business going up. share price was going down (courtesy of the retail sector perceptions)
superg1
24/4/2019
15:14
lol gawd knows where you're looking but you're not looking very hard!
eezymunny
24/4/2019
10:19
Unless I've missed something £49 million turnover & £250K profit ?
johnyo
23/4/2019
14:21
Assuming gross profit margin % stays the same and costs similar they will be making a lot of money. It's called operational gearing. Might not last of course...
eezymunny
23/4/2019
13:39
Nothing about increased profit margin
johnyo
23/4/2019
09:00
Bit of a change:- The following correction has been made to the "New Store Opening and Trading Update" announcement released on 23 April 2019 under RNS No 6940W. The announcement should have stated that: 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 footfall was up by 29.5% in February and March. Like-for-like sales were up by 28.5% and overall sales were up by 50.7% compared to the previous year. Meanwhile, online orders for February and March 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. This replaces the paragraph below: 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. All other details remain unchanged.
cwa1
23/4/2019
07:30
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.
eezymunny
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