Morning all!

Angling Direct ( £ANG ) – 59p – £38m – PER 239

Interim Results For The 6 Months To End July 2019 – Revenue up 21%, Gross Profit up 18%, on target to meet FY expectations.

Will wait to see how the FY looks.

Franchise Brands ( £FRAN ) – 83p – £65m – PER 21

Acquisition And Trading Update – Buys company to compliment Metro Rod, £4m cash and the issue of £1m new shares at 82.5p each, will be significantly earnings enhancing. Trading Update seems positive but no guidance on FY.

Still quite like this and will keep an eye out for Broker updates, always been tempted here but never hit the Buy button.

Ramsdens Holdings ( £RFX ) – 194p – £60m – PER 10

H1 Trading Update – H1 in-line, sold some Gold stock for one off £600k Gross Profit, confident for FY.

Still looks quite attractive and a stock I will probably be a buyer of in any general market downturn.

As always, all comment most welcome!

Unlock this Article with a 14 day free trial

or Unlock with your email

Already have an account?
Login here