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That's not what I wanted to see after a dismal week last week. Not great news for existing shareholders in the short term but it will help the company grow and expand so looking further ahead this is something that should ultimately be a positive. A hold for now and a but after the placing.
No trades at all today or yesterday but price is down over 5% :-( mind you my other shares are even worse!!!
Enough is enough. Come in FISH, get moving again. Been level long enough now. Given the anticipated growth of this company in a market that generates £billions in the UK alone there really should be more interest here. Probably needs news of the next new acquisition to drop first though.
60 pence SP please. I have more fishing gear I'd like to purchase!
again today so far. More exciting over on WSG so will hang out there and check back here later. GLA.
I liked the FISH ticker :-)
Quite happy with my investment here.
Not at all.
Why don't you ask them?
The fishing tackle retail sector is highly fragmented, predominantly comprising a large number of independent retailers including a few established small chains. The Directors believe that there is an opportunity to act as a consolidator in the sector and build a significant market presence through acquisition and organic growth. The Directors believe that Fishing Republic is the only participant in the market looking to act as a consolidator, giving the Group the benefit of first-mover advantage.
Fishing is one of the UK’s largest participation sports, attracting approximately four million participants over the two years to 2012 and generating approximately £3.5 billion per year on average in direct and indirect sales. In a highly fragmented market, Fishing Republic is one of the largest retailers of fishing tackle in the UK by floorspace. Fishing Republic generates approximately 49 per cent. of its sales online via third party online retailers and its own websites.
We have 10 stores nationwide located in Hull, Barnsley, Manchester, Sunderland, Rotherham, Swindon, Birmingham, Crewe, Doncaster and Sheffield. Fishing Republic caters for all angling disciplines and all our staff are anglers with the knowledge to help you pick the right products.
Unbeatable Pricing Fishing Republic uses its massive buying power to provide the UK’s most competitive pricing.
It's a little bit quiet today with only three trades. Hopefully there'll be a few more running into close. It'd be nice to attract a little bit more interest here so that I'm not talking to myself on the BB LoL!
Not sure if we'll make it to 50p this week but still looking like another strong week for FISH. New rod and reel arrived yesterday, excellent quality, excellent service and great price. I can see them outstripping much of the competition as time goes on. Wonder where the next store will open?!
Roll on 50p+!
Yet another blue finish for FISH! Moe of the same tomorrow please.
Just added to FISH's cash pot by buying a new waggler rod and centerpin in anticipation of the rivers opening for coarse fishing again next week. Now just the decision about which river to try them on - I do love the Wye but the somewhat harder (although a lot quieter!) Evenlode is a lot closer.
Looks like FISH is going to end the week on a new 52week high. Must be the anticipation of hearing about the boom in fishing tackle and bait sales following this run of decent weather.
Cheers cashfornuthin. They're still looking good to 50p and beyond IMO. If they hit that soon I might cash some in and treat myself to a new set of barbel rods ready to hit the Wye in the new season.