Consumer confidence in the health of the UK economy slumped in January, pointing to further headwinds in the coming months.
⏳🚨8680; Consumer confidence in the health of the UK economy slumped in January, pointing to further headwinds in the coming months.🚨8680;⬇️;⬇️
U.K. is finished, government debt pile is out of control and unsustainable |
AO. – AO World 3* AO World posted Interims this morning confirming that the Group’s turnaround continues steadily with total revenue up 6% to £512m. Operating profit was up 11% to £16m, adjusted PBT was up 30% to £17m. Basic EPS rose 18% to 1.94p. Guidance was also upgraded for FY25. Adjusted profit before tax expectations were upgraded to between £39m and £44m on Group revenue of £1.09bn to £1.13bn with growth >10% in B2C Retail and capex of c£11m...
...from WealthOracle
wealthoracle.co.uk/detailed-result-full/AO./1021 |
3* AO World posted Interims this morning confirming that the Group’s turnaround continues steadily with total revenue up 6% to £512m. Operating profit was up 11% to £16m, adjusted PBT was up 30% to £17m. Basic EPS rose 18% to 1.94p. Guidance was also upgraded for FY25. Adjusted profit before tax expectations were upgraded to between £39m and £44m on Group revenue of £1.09bn to £1.13bn with growth >10% in B2C Retail and capex of c£11m...from WEalthOracle
wealthoracle.co.uk/detailed-result-full/AO./1021 |
Buying another loss making company |
Lovely looking chart. |
Its all in the long game just relax see the share price steadily rise |
Such good result, yet share price down nearly 5%?!? |
https://www.proactiveinvestors.co.uk/companies/news/1050699/currys-aims-to-power-up-shareholder-returns-soon-after-recharging-profits-1050699.html |
Jefferies raises AO World price target to 150 (125) pence - 'buy'. |
 "Back to profitable growth; let’s go!"
AO has completed its turnaround back into profitable growth and announced FY24 Adjusted PBT of £34.3m, nearly triple FY23. This was 2%-3% ahead of our, and consensus, forecasts and equates to a 3.3% Adj. PBT margin. Having gained over 600k new customers in FY24, and with an improved mobile offer, management is confidently guiding to at least 10% revenue growth in FY25E. This is an upgrade for consensus revenue growth of c.+8% (ED +13%), though company guidance for £36m-£41m Adj. PBT is in-line with consensus (ED FY25E £38.7m).
We recently initiated on AO detailing why its excellent customer service and AO Five Star membership club offer can drive repeat customer purchases and revenues, leading to improved profit margins. AO has confirmed again its 5% medium-term Adj. PBT margin ambition and though we conservatively forecast 3.9% in FY26E, our blue-sky scenario analysis shows the potential for AO to triple Adj. PBT to over £100m by FY27E. We reiterate our 140p Fair Value, equating to a cal 2025 FCF yield of 5%.
Link to note: |
JP Morgan bought here below 50p & now 100p , same thing JP Morgan is doing now buying HVO , hopefully double like here |
Nice steady rises now |
Good trading update , everything on track. |
Former Prince Andrew aide eyes role in takeover bid for Currys |
Get a pop on Monday with Curry’s! |
Curry’s report today ok, should be fine this one too! |
Overvalued stocks , time to switch dividends stocks GNC & APH , etc |
To be frank it is a tiny proportion of homes and businesses flooded, papers sensationalise the issue however harrowing for the victims. Chinese ships just head for the Cape from southern tip of India, more problematic for Europe to Far Eastern seaborne route. |
fair point but surely the Suez shipping route problems will soon begin to weigh heavily on stocks, availability and prices. |