Ao World Share Discussion Threads

[tim 3] 24/6/2019 22:25

Geez this looks weak like DC keeps making new lows but at least they have decent profits can see this continuing lower no support.imo

[rndm355] 04/6/2019 10:45

Red flags at AO are covered in today's Cube Midcap Report:

[mrfixituk] 04/6/2019 07:19

Losses particularly in Europe increasing. Cash shrinking! Revenues increasing but still no profit. How is CEO going to increase margins on products? No USP for this business.

[connorcampbell] 03/6/2019 13:09

!YOUTUBEVIDEO:0BdxCHoCN9I:
Will AO World have the (white) goods to impress investors on Tuesday?

April’s trading statement wasn’t great. The re-appointment of John Roberts as CEO at the start of 2019 brought about a rather costly management re-shuffle; combine that with a loss making contract in Germany the company has been unable to terminate, and it is set to incur exceptional charges of around £2.5 million. This comes on top of the costs related to the £32.5 million acquisition of Mobile Phones Direct at the end of 2018.

Group adjusted EBITDA, meanwhile, is expected to be at the lower end of market expectations, which is worrying given that estimates have it anywhere between a £400,000 loss and a £2 million profit.

The response to AO World’s full year results, then, may well be predicated on whether or not it does indeed slump to an adjusted loss, as well as the size of said loss.

Read what Spreadex analysts have to say, or watch a 60 second preview, here:

[connorcampbell] 03/6/2019 13:09

Will AO World have the (white) goods to impress investors on Tuesday?

April’s trading statement wasn’t great. The re-appointment of John Roberts as CEO at the start of 2019 brought about a rather costly management re-shuffle; combine that with a loss making contract in Germany the company has been unable to terminate, and it is set to incur exceptional charges of around £2.5 million. This comes on top of the costs related to the £32.5 million acquisition of Mobile Phones Direct at the end of 2018.

Group adjusted EBITDA, meanwhile, is expected to be at the lower end of market expectations, which is worrying given that estimates have it anywhere between a £400,000 loss and a £2 million profit.

The response to AO World’s full year results, then, may well be predicated on whether or not it does indeed slump to an adjusted loss, as well as the size of said loss.

Read what Spreadex analysts have to say, or watch a 60 second preview, here: hxxps://spreadex.com/?tid=392811

[discodave4] 29/4/2019 20:43

Ooops, sorry

[tim 3] 04/4/2019 22:42

Indeed I mean wtf does this actually mean? "Mr Roberts said that since his return he had “created a mindset shift” and the business was now “realising our opportunities with pace and energy”.

[tim 3] 28/3/2019 11:47

Think you did right support appears to of gone could easily fall further.imo

[rathean] 28/3/2019 08:45

Sold out on a bounce to 105, keen to get back in but this could test circa 95 again imo dyor ofc.

[effortless cool] 20/3/2019 21:26

Steve Caunce "decided to step down" as CEO on 31 January 2019.


The last AO World (LON:AO.) annual report told us that he held 51,975,815 shares on 31 March 2018 (page 88).


However, we today learn that he sold 4,830,000 shares on 23 March 2018, and actually held just 47,145.815 shares at year-end, i.e. the information given in the annual report was false.


Also today, we find out that he sold a further 600,000 shares on 17 December 2018.


Nothing short of disgraceful, in my view.

[greatwhitefunkmaster] 26/2/2019 13:23

Clinging onto a quid by the skin of its teeth.

[effortless cool] 22/2/2019 15:33

We agree on that!

[countless] 22/2/2019 15:28

death knell it is!

[effortless cool] 22/2/2019 11:15

Not meaning to be a smartass, but you might find this interesting, countless:

[countless] 22/2/2019 09:45

Watched an interesting article about future internet sales tax. I think this would be the death nail for this non profit making company. Its overheads are already way to high. If it cannot generate a net profit on a £1B turnover something will give. Their cash burn will see the share price fall.

[countless] 21/2/2019 10:23

With negligible margins Rathean I cannot see who would want to buy AO. The quick disappearance of the CEO is also a worry. The storey provided of obtaining a work life balance smacks of a whopping lie!

[rathean] 12/2/2019 09:03

Taken a small punt this morning. Charties might suggest it's looking over sold despite headwinds. Market leading online proposition and likely market consolidation outweigh the risks imo dyor ofc.

[tim 3] 08/2/2019 20:15

Trading at all time low.

[clash1965] 08/2/2019 15:40

Shorted this from 1.28 ......