Angling Direct Share Discussion Threads

[dicksmoney] 15/6/2021 18:52

They are really struggling to source any stock

[pojscott] 15/6/2021 18:26

Just bought but not much action, any thoughts???

[clickbait] 20/5/2021 12:29

Had 1 bit from a boilee but got off.

[clickbait] 20/5/2021 06:23

Yep. Knew it. Had a couple of nibbles already lol. The chum we threw out is just to good for these little fishes. We will let them nibble away and catch the bigger suckers later. Will keep you posted. This will be a good day of fishing 😉

[clickbait] 20/5/2021 06:12

We are going to chill now and kick back. I,m sure we will have a full net at COP as the bait we threw out is irresistible...€032;🐟㈄4;🐳

[clickbait] 20/5/2021 06:09

We set our last bottom feeder out about 4.30am. No bites yet. We are sure they will be coming soon...

[clickbait] 20/5/2021 06:06

We are fishing for small and big sucker fish.

[clickbait] 20/5/2021 06:05

We set our bait throughout the night. They will not be able to resist the chum we threw out. Will keep you posted on how many we catch?

[clickbait] 20/5/2021 06:03

Build it and they will come.

I love a bit of fishing...

Boo bop ad de boom 😂

[matt123d] 12/5/2021 16:41

Octopus likes them still, increasing to over 5%

[bookish] 12/5/2021 07:45

Angling Direct reels in sales as pandemic triggers fishing craze

The Telegraph -- 12-May-2021 07:02:34

MORE than 100,000 new fishers took to the UK's waterways last year as they escaped the Covid-19 pandemic, helping to deliver bumper sales at Angling Direct.

The company said that the country had seen a 17pc rise in annual fishing licences, and these new anglers visited its website - and shops when they were open - in huge numbers.

Revenue from online sales jumped 40pc to £35.3m, the company said, helping it swing to a pre-tax profit of £2.6m in the year to Jan 31, up from a £1.5m loss a year earlier.

But while online revenue has jumped across many retailers during lock downs, when people were shut inside and shops were closed, most high street businesses suffered.

This was not the case at Angling Direct, which said it had a "flood" of demand in the summer to thank for a more than 15pc hike of in-shop sales, to £32.3m, despite the lock downs.

"The large pent-up demand built up whilst fishing was prohibited released with a flood of business from mid-June when stores reopened, whilst our online business continued to grow at pace," said chairman Martyn Page.

"This proved that demand for well located physical experiential stores, manned by trained enthusiastic colleagues, remains strong in our sector."

In the months since January sales are up 54pc compared to the same period last year. This included a 42pc online and 75pc offline boost.

However, these figures are partly measuring against a period last year when the pandemic was at its worst, all stores were shut and Britons were confined to their homes.

The business said it is in a good place to grow revenues again this year, but cautioned investors against expecting a repeat of 2020.

"Assuming no further lockdowns, the group is well-placed to deliver profitable growth in revenues, albeit at a lower rate than the prior year as trading conditions and sales mix begin to normalise,"

Angling Direct said in a statement.

The company will focus on Germany, France, the Netherlands, Belgium and Austria this year, which it said were key areas where it can grow.

Chief executive Andy Torrance said: "As the health and well-being benefits of angling become more widely recognised and its popularity grows around the world, we are ideally positioned to fulfil our ambition of becoming Europe's first choice omnichannel fishing tackle destination for all anglers, regardless of their experience or ability."

£35.3m Amount of revenue from online sales, a 40pc jump, helping it swing to a pre-tax profit of £2.6m in the year to Jan 31

[matt123d] 11/5/2021 22:58

Interesting to see who's been reducing and who's buying in. 2M shares traded.

[matt123d] 17/3/2021 10:56

Added a few today, obviously the 100-120p range being the target.

[energeticbacker] 24/2/2021 12:02

With growing numbers attracted to fishing, Investor's Champion's updated note reassesses the attractions of Angling Direct whose shares should continue to recover as lockdowns end and its physical stores reopen.

In the meantime, its online business is thriving.

[hoper1] 08/1/2021 12:52

Covid lockdown update- fishing to be allowed during Lockdown 3. Full details on www.fisheries.co.uk.

[tallprawn] 05/1/2021 19:42

Angling Trust statement issued tonight - No fishing allowed during the current lockdown as per March-May.

[thewheeliedealer] 08/12/2020 21:10

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion includes ANG which reminds me a lot of PETS in terms of the Business Model – and I have done extremely well on the latter myself. We also chatted about loads of other Stocks and Ideas for research. We discussed the outlook for Markets and the most likely roadmap for the next couple of months, and as usual a fair bit of educational stuff with regards to Investing.

Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 37) and you can find it on Soundcloud at the link below. It is also now on Youtube.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted.

Cheers, WD
@wheeliedealer

[energeticbacker] 16/10/2020 09:13

Angling Direct offers an opportunity for investors to benefit from the angling boom.

While the share price has bounced-off March lows, it remains well down on year highs, suggesting the market might be missing a trick in failing to reflect the positive market environment. More on the Investor's Champion website.

[typo56] 07/10/2020 08:24

Interims next week (14 Oct). It looks like buyers have been moving in this last couple of weeks. Let's hope they're not disappointed.

[molatovkid] 02/9/2020 08:26

Good point...niche retailers seem to do well

[niggle] 01/9/2020 10:33

When I look at Gear4music and other online operators of sporting and recreation equipment this is a complete no brainer. Let the buying commence.

[molatovkid] 18/8/2020 07:33

Took ages to buy any stock there....

[buywell3] 18/8/2020 07:01

Like buying fishing gear off EBay you mean