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Been looking at both of these for a few weeks AO are 25p shares looking to make a ferw million and Curry 1p shares looking to make about £100m PBT but which will go up the most in the next few months?. Play it safe with Curry or tak a bigger punt with AO ?
building stake in a retail trader without strong fundamentals or competitive advantage hardly can be classed as boxing in, rather risky punt, imo - that's one of those blunders with diversification.
Camelot has built up nearly 20% stake here. I wonder what are they going to do with such a large stake. It seems they have boxed in themselves like many investors. When is the way out ?
Bought in today at 94.5. Can’t see this going any lower at the moment.
I agree that it is only a matter of time till this company gets taken out.It would be the ideal partner for many companies looking for exposure in this market as everyone I have talked to rate their service very highly indeed.In the next few years after over forty years I think margins will increase as there are not many players left in the electrical market as margins have been too low
Ao must be a sitting duck for any retailer looking to diversify. THG must have had a look?
With Odey and the US shareholders doing nothing but adding, I expect a big turn here.
And ideas how much can it fall?
I would expect the current price has already factored in recent trading which will be downbeat from the very upbeat early days of Lockdowns. Not expecting an immediate SP rise but a trace back to normal trading patterns and then normal growth patterns. Personally keeping powder dry for the moment.
Is a trading update due soon
I thought it was this week, I’m not in deep, just 3000
@ 1.12, tempted to buy b4 results / update
Just bought in here, there is limited down side at this level in my opinion. I am in the supply chain sector and expect a good trading update here, Institutions are loading up here which is interesting.....feels like AO could be in play for a takeover, lets see, either way i think there is value here and at least 50% mid term upside.
In my view, yes. They might have used the derivative to hide the fact they have closed their short to stop the scramble up. It means they are now near enough neutral on AO.
Thanks Ant. Is the JP Morgan thing positive?
Lewis, looks to me like JPMorgan have closed or hedged their entire short position through equity swaps.
Camelot have straight up increased their position to over 18% now, which together with Odey mean 24% is held between the two.
Can never understand them. What % have they both bought?
Now confirmed our suspicion that some have been loading up. Both buys interesting in their own right. What do you think?
I've spotted some big trades and I guess we're due a trading update next week? Does look very over done this fall. Granted it has disappointed but it's lost £1.5bn (75%) of its peak price.
Odey are rarely wrong so I wonder if shorts are closing out.
Seems to be above average trade volumes recently. Could be wrong but seems to me someone is stocking up anticipating a breakout rise.
Looks like most retail / etailers are suffering today
I got a bit lucky on travel, took some profit & pumped into this & asos, hopefully won’t regret that move.
I don’t have loads, 5000 at BE of 119 so happy to sit, hope & wait.
What is a wee confusing is why AO was so low pre-covid
(Just above current SP) so is this the norm / expected SP
(Well £1-£1.50 trading range, albeit £1.50 be enough for me )
GLA
More buys than sells .Market up Ao down.Could not imagine this earlier today so topped my holding up at these low prices as in my view the only way for these shares is up
HNY all - what are your thoughts on AO. being bough out - is it feasible, hostile, regular buyout or not an attractive proposition?
TIA.
Surprised this has not shot up today bearing in mind the Rns.This share compared to only a few months ago is way undervalued and will most probably be subject to a takeover at too lower price.I would have thought they would have had a good Xmas trade
I’ve recently looked at the figures. It appears that a large Industry trade may have completed on the 24th with £500k worth of sales. Contained within should be a healthy profit. Near term it will be interesting to see what occurs next, trend continuation or price decay.
Does anyway have a fairly accurate way of calculating the current forecast for AO as brokers forecasts are all over the place, ranging from 1.25 to 4.00? surely its all worked out in similar fashion, so why the huge difference in forecasts?
At this price, AO is a no brainer especially with Omicron sword hanging and people working from home. I expect bumper Xmas sales to be announced in Jan and remember, next year is Fifa World Cup so 2022 should be a great year too!!
Seems to be an upward trajectory at last though a long way from being time to celebrate. Bottom line for me is the share price has fairly quickly dropped by two-thirds for no obvious reason while the Turnover and profits have not. Seems to be significantly underpriced.