Ao World Share Discussion Threads

[blackhorse23] 11/8/2023 12:29

Time to switch into CURY , reverse time

[dil 21] 25/7/2023 16:14

Lol , Blackie backed the wrong horse as usual.

Turn the CURY chart upside down Blackie and it’ll look like the AO one.

[blackhorse23] 24/7/2023 10:48

Cury made 119m net profit , did not make any loss , that 450m was good will impairment adjustment from Dixon deal , it was not trading loss

[blackhorse23] 24/7/2023 09:51

CURY revenue actually 9 times higher than AO

[blackhorse23] 24/7/2023 09:50

AO & CURY same mcap right now . 22-23 Cury made 119m net profit but AO made loss , CURY revenue 6 times higer than AO

[trader465] 20/7/2023 16:15

Aye, I’m always losing my good friend

[trader465] 20/7/2023 11:59

Thanks, I bought those from you.

[feelthepain] 20/7/2023 11:58

I did you all a favour I sold 3/4 of my holding on 5th July. They were bound to go up afterwards.

[dil 21] 20/7/2023 09:39

Nice chart.

[tim 3] 07/7/2023 20:04

One positive though is like him or hate him MA does know how to make physical shops work and if they do form some sort of alliance his experience is invaluable.

[tim 3] 07/7/2023 19:59

Yes tend to agree electronics are now more than ever an item suited to buying online.Mobile phones, tablets, laptops and even TV's are much of a likeness that there is no real need to see and with the latter currys has them all playing super high def pictures which are mostly unobtainable at present so not really able to give a true idea what you get at home.With white goods provided it fits we all know what a washer or dishwasher looks like .So the need to go down and see or play with products before buying is probably less than ever.The only way Currys have survived so long and competed with the net so long is their ability to sell extra's and warrantys to customers Whether this can continue remains to be seen but one thing for sure it won't be easy.

[quepassa] 07/7/2023 09:41

Great article in today's FT in The Lex Column (page 26) about Curry's.

Not very flattering.

Speaks to the major trend of consumers increasingly buying appliances on-line rather than in-store.

Curry's. PC World. Dixons. Carphone Warehouse.

A telling history of consolidation and demise of once-great high-street retailing names.

Can see what's coming next and I don't think it's AO which is going to get taken over with their winning online only strategy.


Frasers Group - Clever. Very clever.


ALL IMO. DYOR.
QP

[argylerich] 06/7/2023 13:06

Blackhorse23 - 05 Jul 2023 - 12:36:33 - 1125 of 1128 AO World - insurance sales on the side and at the centre - AO.
CURY results & dividend announcement tomorrow , expecting better dividend than last year

Really shouldn't laugh, but.....

[fru1tcake] 06/7/2023 12:06

Currys tumbled 13.3pc to its lowest level in more than 20 years after the electricals retailer reported a 38pc slump in full-year profit.

Ouch, glad im in AO and not cury, its finished.

[bezinio] 06/7/2023 08:38

What happened to your prediction Blackhorse?

[blackhorse23] 05/7/2023 12:36

CURY results & dividend announcement tomorrow , expecting better dividend than last year

[trader465] 05/7/2023 07:26

Statutory profit before tax of GBP7.6m (2022 : loss of GBP10.5m)

A turn to profitability, but a 17% decline in revenue suggests it may be short lived.

EPS at 1.13p gives a target of 113p for a P/E of 10

What will the market make of it?

[blackhorse23] 28/6/2023 09:55

Mike Ashley into AO & CURY

[jimduggen] 23/6/2023 11:12

This will go back to 65.
Interest rates and costs of goods will slow growth here

[quepassa] 22/6/2023 11:17

well said.

for sure the uk's no.1 retail guru supremo.

and in the business of building businesses up - not ransacking them and then running them down to zero.

[tim 3] 22/6/2023 10:52

Like him or hate him he knows modern retail and how to make it work.

[quepassa] 22/6/2023 10:40

a great consolidator.

think about everything bought to build up sportsdirect.

who knows.

[tim 3] 22/6/2023 09:53

Surely he can't bid for both as it wouldn't pass the regulators would it?