UK 19:05 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Fishing Republic (FISH) is a company that I’ve been following with interest, and yesterday it announced its maiden half yearly results since listing on AIM on June 4 this year.
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Comments
britishb beef
PE you give is way out as many more shares in issue going forward…your eps based on weighted H1 15.2m shares but now 23.7m post IPO.
alcira16247
Gary
Good article on a very interesting company, operating in a pretty resilient fractured niche market, which should offer plenty of growth opportunities as you’ve highlighted.
I’ve added a small number of shares to my portfolio in confidence they will perform in similar manner to those two other recent IPO’s winners, operating in similar niche markets – Pets at Home and Fevertree.
Fingers crossed!
TheMadStork
Thought you might like this one Gary. It’s certainly an interesting proposition and I shall have to look into it further.
J P Spaghetti
I’d be wary of a company concerned with fishing severely overestimating their profit margins :-). And sorry to be somewhat off-topic but I just LOVE River Monsters with Jeremy Wade.
Gary Newman
British Beef,
Apologies, based my calculation on the EPS figure that i took from the accounts and as you say the number of shares in issue is greater now (I think I had it at around 17.5 then revised my calculation when i double checked the EPS). Will probably get a clearer picture after the next financials!
Alcira/TheMadStork,
It is a market that i know fairly well and whilst a lot of the small retailers are doing very badly, the larger ones are doing well (Sports Direct is a good example with the fishing sections being added to all their new superstores). A large amount of money is spent on angling every year (don’t have an exact figure to hand – the Angling Trades Association would have one if anyone wants to have a look) and I think the successful companies like this one will ultimately grab a bigger share of that market.
It isn’t one that will rocket overnight – then again it won’t crash either -and i probably will end up taking a few myself at some point – definitely a long term hold though.
J P Spaghetti,
Yes that is a great series and have fished with Jeremy and also helped out with info on a few destinations he hadn’t been to before. I’m off to Suriname for 6 weeks myself from mid-September chasing piraiba catfish – love the place and have spent a fair bit of time there. Miles of unspoilt jungle and rivers – although starting to see some changes, in a bad way, as a result of gold mining and logging.