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AO. Ao World Plc

104.80
-0.60 (-0.57%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Ao World Investors - AO.

Ao World Investors - AO.

Share Name Share Symbol Market Stock Type
Ao World Plc AO. London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.60 -0.57% 104.80 16:29:55
Open Price Low Price High Price Close Price Previous Close
104.00 103.40 105.40 104.80 105.40
more quote information »
Industry Sector
GENERAL RETAILERS

Top Investor Posts

Top Posts
Posted at 19/8/2022 01:31 by blackhorse23
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
Posted at 15/7/2022 14:00 by blackhorse23
CURY VS AO , big difference about to company in same business?!! ..One ( CURY) revenue grew 10 percentage to 10.1 billion , profit 186m , dividend 3.15p , share buy back 75 millions in place etc to give shareholders confidence & chances to organic share price growth ... .. . another ( AO ) placing for funds , back off from German market, missed 2021 Xmas inventory etc ... but some trolls promoting this then short shocks & left retail investors in loss .... Investing in stable company is always safe & AO management needs to awake up tbh
Posted at 07/6/2022 12:51 by edmonda
If you're interested in AO World, join us this Friday with the management of Marks Electrical, the fast-growing online electrical retailer, who will be conducting an investor webinar following publication of their FY results.

The online presentation will be hosted by Mark Smithson (founder & Chief Executive Officer), and Josh Egan (Chief Financial Officer).

This event will take place at 10.30am on Friday 10th June.

Sign up here to register:
Posted at 01/2/2022 15:09 by thefartingcommie
George Soros's lieutenant cuts stake in AO World

Nicholas Roditi reduces stake in struggling online retailer to 3.6pc
By Oliver Gill, Chief Business Correspondent 1 February 2022 • 2:10pm

A billionaire lieutenant of the “man who broke the Bank of England” has begun selling down his multi-million-pound stake in AO World in a new blow to the online retailer.

Nicholas Roditi, dubbed George Soros’s “most trusted adviser”, has reduced his stake that he holds through a Cayman Islands investment company from 4.9pc to 3.6pc.

A stock market filing was initially issued in error indicating that Mr Roditi had bought a shareholding worth nearly £20m. An amended filing is expected to be published later on Tuesday.

Mr Roditi oversaw one of Mr Soros’s best-performing funds since its launch 30 years ago.

Mr Soros earned the moniker “the man who broke the Bank of England” after betting against the pound in September 1992 when the UK was forced to leave the European Exchange Rate Mechanism.

With an estimated fortune of £2bn, Zimbabwe-born Mr Roditi has since branched out into property development. He is one of the biggest investors in Harworth Group, the London-listed developer that is regenerating mining districts previously owned by UK Coal.

His decision to reduce his exposure to AO, whose shares have fallen by three quarters over the past year, comes with Mayfair rival Marshall Wace and fellow billionaire Ken Griffin, the Chicago-based financier behind Citadel Advisers placing big bets against the company's fortunes.

Bolton entrepreneur John Roberts set up AO two decades ago and remains the company’s biggest shareholder.

The retailer’s shares surged as the pandemic hit with customers moving online to buy electrical appliances during Covid lockdowns.

However, since peaking at 429p a share in January 2021, AO’s stock has fallen to about 100p as it struggles with tough comparatives, leaving it worth less than £500m.

Last week, a day before Mr Roditi acquired his stake, AO announced a strategic review of its loss-making German business that could lead to a sale or wind down of operations.

UK sales in the run-up to Christmas fell 12pc and were 1pc lower over the nine months to December 2021.

Mr Roditi, who bought his stake in AO through the London & Amsterdam Trust Company Limited, the investment vehicle that he chairs, could not be reached for comment.
Posted at 24/11/2020 08:56 by trt
Profit taking - investors have had a good run with this one !!
Posted at 05/11/2020 08:11 by dewtrader
RCH

You dont go appoint a new broker , plan an investor presentation on Monday, say your trading update will be on 27 November, unless you are going to be materially ahead of the materially ahead statement they have already said. imho.

HOT!
PE still under 4 and if its ahead it could be 3

Panmure 616p target if digital accelerates.
Posted at 21/10/2020 13:55 by thefartingcommie
fyi...if you havent seen this...top job...


Reports And Presentations..Investor Centre
Posted at 15/7/2020 11:04 by sphere25
The market is a peculiar beast. This stock actually opened higher yesterday and sat around that 170p mark for a short while. This was despite a set of numbers that imo (as per the post yesterday) did't even come anywhere close to justifying the valuation.

Now the stock is in auction uncrossing currently at 135p. That's a 20% move down now which does make you wonder what type of investors you have in AO. I think you're bonkers if you're buying at any of these levels ;-)

The bulls need to bid the stock back up intraday to hold that key support of 140 (edit that...intraday larger buyers at 135 previously who the market sees and then bids the stock up to 140 so that price will be key) or it looks like more plungeville!
Posted at 01/5/2020 23:13 by tim 3
Defiantly think the strong sales by Currys has helped.

Two thirds of store customers have switched to online.

OK the stores were shut but their willingness to switch to online so quickly must be a worry for the future of their physical stores.

I suspect investors are expecting a boost here too.
Posted at 03/6/2019 13:09 by connorcampbell
!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:

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