Ao World Share Discussion Threads

[onjohn] 27/2/2015 07:07

If i order a washing machine, is there a risk it wont get delivered if the co goes bust? I am thinking about the new Samsung one with a big load

[greatwhitefunkmaster] 26/2/2015 12:13

It comes down to this. Is the valuation based on white goods on low margin with warranties in the UK and slowly across EuropeOr is it based on Europe (and worldwide?) distribution of anything and everything? Is this the new Amazon?IMHO probably not, but it's the expansion into Anything Online that is the key factor

[lennonsalive] 26/2/2015 09:19

Closed my short at 150p and then reopened at the end of the day. I think the bubble has burst here and more bad news to come.

[pinkalltheway] 25/2/2015 19:54

An internet stock with no growth plummets to the ground like "icarus"

[pinkalltheway] 25/2/2015 19:52

Questor back in nov placed a 30p target after the numbers, so what price after an appalling profit warning, questor column in the telegraph tomorrow shall make very interesting reading.

[maximillian1] 25/2/2015 17:15

50p....uuuuuuuups

[stud-muffin] 25/2/2015 17:09

£1 at best.

Would interest me at 50p.

[gripfit] 25/2/2015 16:49

1.65 and back to over 3 quid....... then back to 190...... who's foolin who... should never have got floatation away at 285.. city boys filled their boots, gambling other peeps money.

[maximillian1] 25/2/2015 16:40

It will be a buy at 115/6..uppps..be careful...336.....116 ups±!±!±

[pyemckay] 25/2/2015 16:31

over priced rubbish

[anony mous] 25/2/2015 16:02

There's only one thing to say....LOLWill trickle back down to 1.50 intraday over short term.

[g2theary] 25/2/2015 12:44

Some big buys coming through now. Should finish around 220p.

[bigboyo] 25/2/2015 11:10

The funny thing in this statement are the excuses offered.

The funniest one is the impact of Black Friday ... which was 28 November and yet in the January update there was no mention of a slowdown subsequent to Black Friday.

To me that means that the Black Friday excuse is just an excuse.


From January trading update :


AO World plc, the UK's leading online retailer of major domestic appliances, announces strong sales for the third quarter and continued delivery against the plan set out at IPO.

Operationally we managed very well over the peak trading period, maintaining our industry-leading website response times, service levels and logistics performance, in spite of large spikes in volume, particularly on "Black Friday". As a result, customer satisfaction levels remained high, reflecting our market leading proposition.


From Feb Statement a mere 6 weeks later :


At the time of the Q3 trading statement, the Company expected to meet the market's expectations for both revenue and adjusted EBITDA in the UK, even taking into account the loss of a logistics contract, the cost impact of driver legislation changes and the adverse effects of Black Friday, which did not produce incremental sales, but condensed sales into a shorter time period.

[tawnyport] 25/2/2015 11:03

At £2 still on a p/e of circa 50 - daft given current headwinds...

TP

[bigboyo] 25/2/2015 10:39

Cat
4 Feb'15 - 16:21 - 220 of 242 0 0

tenner


woof woof !!

[privileged] 25/2/2015 09:25

Topped up short at £2, looks like it's struggling to trade above that level
Was horrendously overvalued, this had to happen and Panmure were spot on.
How long before the other brokers lower their price targets?

Always one of those 'wish i'd taken a bigger short' originally, hate topping up at a >30% lower price

[envirovision] 25/2/2015 09:17

So the excuse Black Monday and new driver regulation has caused this shock horror miss of predicted revenue.

hmmmmm

[lilwormsergoode] 25/2/2015 08:57

Simon Cawkwell 21 Mar'14 - 10:14 - 1 of 239 2 0

Gentlemen,

Take a look at the prospectus and notes to the accounts, 15 and 22. The profit, such as it is, is through insurance commission credited on Day One.

This is all fine and dandy but what happens when this commission is cut back. It has happened before.

Simon Cawkwell




Might be unravelling as SC predicted

[lilwormsergoode] 25/2/2015 08:50

Dont they make most of the money from extended warranties which are outlawed

[g2theary] 25/2/2015 08:37

Rj bet unlucky you closed that short a couple of weeks ago! I'm a bit gutted but topped up 3171 at 203. See what happens from here. XTR if anyone fancy some fast movement for a quick gain today!

[rjmahan] 25/2/2015 08:26

Gutted was I was short and got scared out.

[salpara111] 25/2/2015 08:12

Well, the valuation did not leave even an inch of room for error.
Still trading on an incredibly punchy p/e.

[admin900] 25/2/2015 07:36

Down to 180p where we go.

[lennonsalive] 25/2/2015 07:29

All style and no substance. This will never be £10.