Angling Direct Share Discussion Threads

[gleach23] 14/10/2021 11:53

Good update yesterday - "comfortably exceeding current market expectations" made for very nice reading.

@ 73-77 there doesn't seem to be much available stock to buy currently so looking better for your 80p purchase. I offloaded half my trade @ 71p yesterday but this share can move sharply with a fair wind behind it so will try to run the rest.

[whilstev] 14/10/2021 08:02

Well that is more like it !

[whilstev] 17/9/2021 14:19

Hopefully you have timed it well. Unfortunately I bought at 80p.

[gleach23] 16/9/2021 19:30

Opened a trading position here today at 61p. Hopefully that 112k trade @ 60p reported after the bell this evening will mark the low point for the moment and possibly the clearance of recent selling.

Interims 13th October.

[tole] 20/8/2021 20:23

https://masterinvestor.co.uk/equities/small-cap-round-up-featuring-anexo-group-surface-transforms-gattaca/Angling Direct (LON:ANG) – great first half, hopes for continuationThe specialist fishing tackle and equipment retailer issued a first half Trading Update on Wednesday.For the six months to end July the group, which sells over 20,000 fishing tackle items through both its online and its shop retail operations, showed an advance of 19.5% in revenues at £38.4m. Of those sales, some £18.4m was online, while £19.9m was store-based.The end of period saw net cash of £19.6m against £21m previously.That was a quite good sales performance considering that its retail stores were closed from the start of February until mid-April.It now has some 39 stores across the UK, while its digital side not only handles UK business but also covers the French, German and Dutch markets.We will have to wait until 13 October for the interim figures and statement.In the meantime, I note that Matthew McEachran, analyst at Singer Capital Markets, has upgraded his current year estimates for the year to end January 2022. He is looking for £72.5m sales (£67.6m) and £2.7m (£2.6m) in adjusted pre-tax profits.He goes for £80m sales and £2.8m profits in 2023, based upon which he puts out a fair value of 100p plus per share.Yesterday they closed at 70p. If they drift back to much below 70p before the interims, the shares could well be worth a little position.

[pojscott] 27/7/2021 16:23

Rise in share price today--any news???

[tole] 27/7/2021 14:11

https://www.fool.co.uk/investing/2021/07/27/2-of-the-best-penny-stocks-to-buy-in-a-stocks-and-shares-isa/Catch a top penny stockFishing has long been a popular British pastime, and the number of people taking up the hobby has boomed since the Covid-19 outbreak last year. The Environment Agency sold a staggering 1.02m individual freshwater rod licences to adults living in England last year. This was up 16% on an annual basis and bodes extremely well for penny stock Angling Direct (LSE: ANG). Sales at the retailer rocketed 27% higher in the 12 months to January.Angling Direct isn't just making a splash in its home markets however (turnover here rose 31% last year). Revenues in its core European territories of Germany, France and The Netherlands soared between 29% and 44% in fiscal 2021.The penny stock's strong online proposition has also helped to turbocharge revenues growth over the past 12 months. As has its position as a one-stop shop for everything the fisherman needs to cast off.But competition is fierce and the likes of Amazon pose a severe threat to future profits. However, I still think Angling Direct has the mettle to also generate great shareholder profits in the years ahead

[thetrotsky] 28/6/2021 13:37

I see Yahoo has done a nice hatchet job analysis today. Part of their flawed analysis showed that ANG had had no earnings growth, compared to the industry, for the last 12 months ended 31 Jan 2021; I would beg to differ - earnings went from a 2p loss to a 3p profit per share (clearly it would be wrong to describe this as 100% growth but its also misleading to suggest that there has been zero or n/a growth)! Yahoo also zoned in on ANG's return on equity (ROE) for the last 12 months (7.3%) which, given the impact of lockdown on their retail estate and their ongoing expansion, is a bit unreasonable (it seems that they've gone out of their way to find the data to prove their viewpoint). Clearly of more concern in the short/medium term is the company's ability to source stock. Supplies from the Far East continue to be disrupted for all retailers througout Europe and container costs have gone through the roof. The next results will be telling.

[davr0s] 28/6/2021 12:38

Crikey what's gone on here today given there is no news? Stopped out, move on

[dicksmoney] 15/6/2021 19:52

They are really struggling to source any stock

[pojscott] 15/6/2021 19:26

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

[clickbait] 20/5/2021 13:29

Had 1 bit from a boilee but got off.

[clickbait] 20/5/2021 07:23

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 07:12

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 07:09

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 07:06

We are fishing for small and big sucker fish.

[clickbait] 20/5/2021 07:05

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 07:03

Build it and they will come.

I love a bit of fishing...

Boo bop ad de boom 😂

[matt123d] 12/5/2021 17:41

Octopus likes them still, increasing to over 5%

[bookish] 12/5/2021 08:45

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 23:58

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.