In this issue... our top May share tips, company features, market insight & Aggressive Portfolio VIII.
Cast your eye over Angling Direct
AIM-listed Angling Direct (29.2p) has released final results for the year ended 31 January 2023. The significant net cash position means that very little value is now placed on the business and although the timing of recovery in underlying trading is difficult to predict, there should be better times ahead.
The company is the leading omni-channel specialist fishing tackle retailer in the UK. It sells fishing tackle products and related equipment through its network of retail stores, its digital platform and third-party websites. It currently sells over 28,000 fishing tackle products including capital items, consumables, luggage and clothing. In January 2022 an additional distribution centre was acquired in Venlo, Netherlands to service its growing presence in Europe…
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