While the number of anglers in the UK may have fallen in recent years, it is a sport still regularly enjoyed by an estimated 2.9 million people. AIM listed Angling Direct is a consolidation play on this sizeable market, however, can this business ever generate significant profits in a mature sector?
The technology provider to the global gaming sector has seen its share price plummet following a string of profit warnings.However, this remains an interesting profitable business with decent long term growth prospects
Recent news from toy company Character Group has seen the shares tumble, but senior mangement at this business seem to do very nicely, whatever the results.
We used to really like the franchised focused operating model run by this business. The interim results highlight the significant change to this following a recent acquisition.
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