Ao World Share Discussion Threads

[pyemckay] 05/6/2014 08:17

Agreed. silly valuation if it was half this price.

[lennonsalive] 05/6/2014 07:50

The losses were due to IPO charges. Still profit of £8 million for a company valued at over a billion, still bananas!

[lennonsalive] 05/6/2014 07:45

AO World plc

FINAL RESULTS FOR THE YEAR ENDED 31 MARCH 2014

5 June 2014



AO World plc, the United Kingdom's leading online retailer of major domestic appliances, today announces its financial results for the year ended 31 March 2014.

Key financial highlights3

· Revenue up 40.0% to £384.9m (2013: £274.9m)

· AO Website revenue up 45.4% to £287.1m (2013: £197.4m)

· Adjusted EBITDA1 up 10.9% to £11.2m (2013: £10.1m)

· Operating profit before exceptional items2 of £8.2m (2013: £8.4m)

· Operating loss of £7.2m (2013: operating profit £8.4m)

Operational highlights

· Completed the re-branding of the Groups' principal website to ao.com in August 2013

· Major Domestic Appliances (MDAs) proposition enhanced by (i) introduction of Same Day Delivery option, (ii) an extension of cut-off time for Next Day Delivery from 10 pm to midnight, and (iii) extension of services for cooking appliances to include gas and electrical installation

· Ranked 4th in 2014 Sunday Times "Best Companies to Work For" (2013 - 4th place also)

· Listed on the London Stock Exchange in March 2014

· Launched online proposition for TV and related products in May 2014



Outlook

The 2015 financial year has started well with trading in line with our expectations in all respects. Our plans to broaden our product range in the UK are being implemented ahead of schedule and our European strategy is also proceeding well.

[dewtrader] 03/6/2014 10:29

Watch out for the EPS figure to be omitted from the headlines in the RNS

[lennonsalive] 02/6/2014 16:28

Even if it meets expectations, this is still massively overvalued. Fall on the day of results, or will this be another Ocado?

[dewtrader] 29/5/2014 11:34

the Office of Fair Trading (OFT) announced it was going to launch a market study into the warranties sold with domestic appliances, such as computers, TVs and washing machines.

It wanted to find out whether its suspicions – that basically, they're poor value for money – were true.





Could it be another mis selling scandal do you think> leading to millions of claims from consumers and no win no fee agents

[dewtrader] 29/5/2014 11:32

Are the warranties it makes most of its profit from still under OFT investigation?

[gripfit] 29/5/2014 10:59

then it will get mullered back down ,,,,,,,,,,,,, whens results day ?????

[opodio] 28/5/2014 09:49

Breakiong out gone long

[dewtrader] 28/5/2014 09:23

hxxp://www.appliancesonlineblog.com.au/appliance-talk/dont-miss-a-moment-all-the-appliances-for-your-world-cup/

[dewtrader] 28/5/2014 09:22

looking perky

[dewtrader] 28/5/2014 08:43

I hear they have been selling wide screen TVs like hot cakes ahead of world cup

[wirralowl] 22/5/2014 15:17

Couldn't find any other platform that'd give me a longer-term contract, so I've opened up an initial short on a daily @ 252.12. Will add if the bounce continues.

[wirralowl] 22/5/2014 14:39

Up 9.5% now, perhaps because its featured as a 'Sell' Play of the Week in Shares Mag today! :-)

Last looked at this up around the £3 level but couldn't find a platform that would allow shorts at that point. Seems IG will do now, though only on a DFB contract where a daily loan charge will apply :-(

[pyemckay] 22/5/2014 12:57

40% growth does sound impressive but lets put that into perspective. Its a website that sells white goods with low margins. It has no obvious advantage over others and is still way overpriced.

Heres an article for balance.



P

[gripfit] 22/5/2014 12:56

no ,,,,, I am sure you said you may have a look at 40p ,,,,,, did you edit your post ?? just curious.

[druinsky] 22/5/2014 12:45

flying towards 400p mate, keep up :-)

[gripfit] 22/5/2014 12:28

druinsky.............. yesterday I am sure I read a post of yours which said you might buy in at 40p !! is that correct ??

[druinsky] 22/5/2014 11:54

results 5 june

40% +++ growth rate

[druinsky] 22/5/2014 11:52

biggish gap to 300p

[druinsky] 22/5/2014 11:38

just bought back in

[druinsky] 21/5/2014 08:44

may have a gander