American golf double value trade in

PJ87

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Has anyone traded multiple itens for a bag?

If so were?

what price will i get for my black R15

cant trade in against bags, its only 1 item towards a new club.. 1 item can be a set of irons.. a wedge.. a driver etc

and I got £100 for my R15 in black.. this was 2 weeks ago
 

Hendy

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Issue i have now couple of weeks back the pga value site dropped the price of all.higher value stuff. Am glad I got.in when I did however I still lost out on 33quid but its not the end of the world
 

Papas1982

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Issue i have now couple of weeks back the pga value site dropped the price of all.higher value stuff. Am glad I got.in when I did however I still lost out on 33quid but its not the end of the world

No longer advertised online.............

Just when i had a set of irons to trade lol
 
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So, a rumour I have heard regarding this is that AG are going to be floating themselves on the stock market 'in the coming weeks', and so the double trade in produces a spike in sales/turnover. The traded in clubs also have a higher value on the balance sheet, as they can put down what they traded in for...despite them being effectively worth half of that.

I'm no financial expert, but I assume that the spike and the numbers on the sheets may increase the value for the markets etc. More educated than me would be able to understand!
 

Papas1982

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So, a rumour I have heard regarding this is that AG are going to be floating themselves on the stock market 'in the coming weeks', and so the double trade in produces a spike in sales/turnover. The traded in clubs also have a higher value on the balance sheet, as they can put down what they traded in for...despite them being effectively worth half of that.

I'm no financial expert, but I assume that the spike and the numbers on the sheets may increase the value for the markets etc. More educated than me would be able to understand!

all of those assumptions would be correct. But, anyone purchasing a company would if sensible do the due diligence and would have been aware of this offer and the misleading spike it could produce.
 
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So, a rumour I have heard regarding this is that AG are going to be floating themselves on the stock market 'in the coming weeks', and so the double trade in produces a spike in sales/turnover. The traded in clubs also have a higher value on the balance sheet, as they can put down what they traded in for...despite them being effectively worth half of that.

I'm no financial expert, but I assume that the spike and the numbers on the sheets may increase the value for the markets etc. More educated than me would be able to understand!

They are, I believe, currently owned by a venture capital/investment bank group and I would think it unlikely that there would be a flotation. In any event as has been said investors would judge on future prospects rather than recent history.
 

pendodave

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owned by a venture capital/investment bank group and I would think it unlikely that there would be a flotation

I'm not so sure. I was under the impression that these types of operations pick up companies, asset strip/load up with debt, put a pink ribbon on them and then sell them back to the markets at a fat profit. Think Debenhams as a textbook example. With hindsight, it is hard to imagine that any 'sophisticated' investor would have bought the IPO, but they did and they have lost a lot of money.

Events in the US have shown that the golf equipment industry is not in a good place. It certainly seems possible that a PE group with one on their books might try a little jiggery-pokery to move it on as soon as possible for as much as possible.

We'll see. I guess it's asking a bit much for any Golf-centric magazine to actually perform any journalism amongst the plugs and how-not-to-slice pieces...
 

Papas1982

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S the offer is still going strong. 3-pw 704 cb for a whopping £40 on eBay. Got £155 for em, so a nice 816 hybrid has cost me £65. Which I should get. Out of back for my 915 equivalent.

Bargains!
 

shivas irons

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S the offer is still going strong. 3-pw 704 cb for a whopping £40 on eBay. Got £155 for em, so a nice 816 hybrid has cost me £65. Which I should get. Out of back for my 915 equivalent.

Bargains!
So can you px irons for single clubs then,I thought it was like for like irons for irons etc?
 

road2ruin

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You can px any single item (irons count as one item) for any other single item, no restrictions as to which so irons for a driver, hybrid for a putter etc etc.

I think one of their older offers was a like for like only.
 

PJ87

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Spoke to my new pro today about the offer.. he says AG are in big troubles (heard the same as the poster who put about them being floated on the stock exchange) to look for a buyer

he reckons mike ashley will wait for the last second then snap them up

if that happens wont be all bad.. direct golf has improved
 

Papas1982

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Spoke to my new pro today about the offer.. he says AG are in big troubles (heard the same as the poster who put about them being floated on the stock exchange) to look for a buyer

he reckons mike ashley will wait for the last second then snap them up

if that happens wont be all bad.. direct golf has improved

i really don't see this at all. Wishful thinking of a pro IMO who would love ag to go down the pan as then they have less competition and can improve their margins.

For every scare story of them being in trouble their seems to be five store managers saying it's great for business.

If Ashley gets them though. Then it's just gonna mean more Dunlop and Adams offers.
 

PJ87

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i really don't see this at all. Wishful thinking of a pro IMO who would love ag to go down the pan as then they have less competition and can improve their margins.

For every scare story of them being in trouble their seems to be five store managers saying it's great for business.

If Ashley gets them though. Then it's just gonna mean more Dunlop and Adams offers.

This is a teaching pro not attached to a shop so has no reason to wish they would go under
 

Papas1982

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This is a teaching pro not attached to a shop so has no reason to wish they would go under

But he heard it from where? Colleagues and gossip
unless attacthed to the company. It's all hearsay. Personally don't shop ag except with this offer and the occasional price match as find them over priced. So not fussed what happens to them.

I just think that that it's a very foolish strategy if trying too fool a future purchaser as anyone successful in business will be aware of the deals they've done if they're in fact attempting to fluff up their vlaue.
 
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