Ao World Share Discussion Threads

[csmwssk12hu] 19/8/2022 14:33

Every five minutes, another 1.18 million 40.75

[csmwssk12hu] 19/8/2022 14:31

Another 700,000 at 40.75, another huge sale?

[csmwssk12hu] 19/8/2022 14:24

I hope that wasn’t a director sale, 500,000 at 40.75

[archy147] 19/8/2022 09:30

So now it's back to the pre-results price.

Seriously, what was that 20% rise yesterday all about. Looking at that yesterday,it stank of MM manipulation.

I've learned to be very wary of any major rises or falls on results days, that was one of the most outrageous I've seen. Shocking.

[blackhorse23] 19/8/2022 01:31

AO posting looses while CURY posting record profits ... market changing for investor? https://www.thisismoney.co.uk/money/markets/article-11122793/amp/BUSINESS-LIVE-AO-World-profits-slump-Marshalls-revenues-jump.html

[km18] 18/8/2022 15:20

AO World posted Finals for the 12 months ended March 31st 2022 today. Total Group revenue dipped 6% vs FY21 but was still up 52% on FY20 levels. The Group posted a statutory loss of £37m in FY22 down from a profit of £20m in FY21 and £1m in FY20. Profit was mostly impacted by increased staff costs added during Covid in H2 FY21 as well as increased marketing and logistics costs. The business is in a process of realignment as management execute a strategic pivot to focus on cash and profit generation. The German business is being shut, management continue to rationalise, simplify and refocus UK operations which entails exiting some lines of business that do not fit the new business model....

from WealthOracle

[csmwssk12hu] 18/8/2022 14:04

They won’t make it to the next trading update unless something drastic changes, the credit insurance withdrawal will be devastating imho dyor

[cleverinvestor] 18/8/2022 13:48

Markets always forward looking

Key bits from today's annual report for me

Year ending 2022
Revenue:£1.56bn (2021: £1.66bn)
Pre tax loss : £37.2m (2021 Profit of £20.2m)
Adjusted EDITDA: £8.5m (2021: £64.4m)

Management forecast 2023
Revenue range: £1bn to £1.25bn (2022: £1.56bn) Projection range: 19.8% to 35.9%
Pre tax profit: ??????
Adjusted EDITDA range: £20 - £30m

Market share of 3)% plus

Market will mark up the share price to 50p plus until the next trading update for the next leg up or down

[letmepass] 18/8/2022 11:49

Always the Last to know what is going on

[csmwssk12hu] 18/8/2022 11:46

Some things just defy logic

[letmepass] 18/8/2022 11:26

Fill that gap to 70p easily

[gripfit] 18/8/2022 11:22

It’s results are dire …. And up 25%

[davethehorse] 18/8/2022 11:15

Now up 20%, it's a great company

[blackhorse23] 18/8/2022 09:37

Number of reasons .... installation & delivery, engineer & repairs , credit facilities & guarantee... which bring CURY ahead of market from AO , CURY will take over AO market shares & others ..

[archy147] 18/8/2022 09:32

I agree, amazed this is up over 10% today on those results.

Considering this as a possible recovery play but I'd want under 40p before buying. Would have expected it on those results, the rise seems inexplicable.

[csmwssk12hu] 18/8/2022 08:12

I think the mms are having a play right now with these up, I think in an hour or so these will be flat at best, I find it laughable it sitting at 43 when that was the fundraise price, no doubt as much as they can shift at 43, if you took part in fundraise you would be taking today as your chance to get out with your head above water, I can’t see any other good news on the horizon imho dyor

[csmwssk12hu] 18/8/2022 07:34

Oh dear, such a shame, I really like AO as a company and it would not be good to have curry’s with no real competition but those results are dreadful, I fear if something drastic doesn’t happen they won’t be here very soon, burning through cash at £8 - £9m per month, no profit on the horizon and another sound bite ‘cut costs by £25m by 2025’ isn’t going to cut it, they have increased costs in most areas by at least 20% some by even more, sales have understandably fell from covid year so why the increases in costs whilst the sales fall? They need something drastic or they won’t be here for long, the credit insurers will be looking at these results and if that’s what I’m thinking so are they, hopefully I’m wrong but I have a bad feeling here, I’m not in and won’t be buying at any price imho dyor

[feelthepain] 17/8/2022 11:06

Blackhorse

I cant see why you think expensive electronics don't work online. Almost without exception all of my electronics I buy online. I do my product research online I price compare online and 9 times out of 10 buy online. The only time I go to Currys is if I want something quickly (usually something small like an SD card)and for bigger items at least 50% of the time when I check, the item is not in the store and is delivered to store a couple of days later so I end up ordering elsewhere.

AO do credit, they repair, they install, they deliver so not sure where you are going with that.

The currys stores must be a massive overhead which AO don't have.

The one benefit Currys have is the brand is more widely known and its almost like a day out for some people to visit a trading estate and go to homebase, currys and argos etc so they do get more footfall.

[blackhorse23] 16/8/2022 23:58

https://www.gurufocus.com/news/1849001/currys-plc-a-diamond-in-the-rough

[blackhorse23] 13/8/2022 17:18

expensive electronic products will not work only online presence.. so AO business declining... CURY (LSE) is successful because it has both online & retail presence . CURY Provides credit facilities , guarantee, repair facilities, engineer for installing , delivery & collection for retail shoppers . IT'S like ONE STOP SHOP that other electronics business don't have! Trustworthy matter in electronics business.

[tim 3] 09/8/2022 21:04

Yep they got carried away and thought they were Amazon.Unlike Amazon profits do actually matter here!

[my retirement fund] 09/8/2022 20:57

This is a bit like our government, they are catastrophically incompetent, shouldn't have a position where they get to make either decisions or policy, but you can never get rid of them. This will certainly go into admin and shareholders lose their shirt.