Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Wise words Davey2. Signs that profits are rising is key. People can stomach low profits in high growth companies for a while but ultimately Profit is what everyone wants to see.
I think the Tesco thing is about a cost-effective presence in bricks and mortar to further promote brand profile/awareness. Possibly a bit of a loss leader because electricals didn't move mountains of product for Tesco? Personally not a great fan of them getting too close to Tesco who will be keeping a close beady eye on AO trade in their stores.
The interesting thing to me is the sudden increase in trade and foothold in Germany. That is a tough nut to crack. Very demanding customers on top of a protectionist economy and culture (forget attachment to so called EU principles, they like all other countries are in it for themselves). The customer experience of the brand in Germany must be good for this to happen.
Not sure about the Tesco thing unless it is high tech (virtual/holograms of products etc). However they are building good relations and deals within b2b settings such as housebuilders, contracting and insurance for example.
They do have a history of reinvesting so this has some way to go yet I would wager with some jumps, drops and some share price doldrum periods as detractors become louder than the company working in the background.
No idea, but interim results due out 24.11.20 for six months period 30.4.20 to 30.9.20.
Some punters could be expecting even more surprising sales figures given this was a period when lockdown hit the High Street hardest.
It appears money is being spent on improving the distribution side of the business with more and bigger and better warehouses. Starting to look a bit like Amazon in that respect.
And don't forget the commies are coming Yuri. This con happens to be employing people in their thousands and more and more people each year, winning market share each year and already in profit. All against the odds and predictions of failure. For me, it's got energy, momentum and legs and is worth a punt though I wouldn't put my house on it.
Too many other things to have a gamble on.
As you rightly say this was a taster for the Nov results. It's brand as a customer focussed high-quality online delivery service remains streets ahead of the competition. It is only surprising that the competition hasn't responded effectively. Presumably, competitors felt service didn't matter much and that people didn't value service. Well, I guess it does.
Competition stuck within high maintenance bricks and mortar stores are in for a tough time generally. Expect to see online mask free human virus-free virtual stores more broadly. Could be online retail is winning a battle of the viruses between online versions and human versions. Slight warning IMO is that AO has no fall back from an online malware virus pandemic.
My view is that this is a go-ahead growth company reinvesting in the future all the time. Rather be invested here than in Curry's (owned by Dixon's Carphone)
I don't expect to see a marked impact of Lockdown until Nov results. Shift towards more online buying of white goods by both consumer and corporate buyers was already happening, it's just received a boost during Lockdown. If that shift sticks and continues to accelerate then all good at companies like AO.
Still have to weigh tight margins and a legacy of early over-pricing the share (not AO's fault). Delivery of products and service still market leading from what I can see.
davey2 you are on the right track. I expect the next set of figures to show that AO has been smashing sales targets out of the park. Hopefully making some profits as well. Most online retailers are filling the gaps left by high street lockdown. Where the shopping experience is better than high street then expect that to continue.
BeverleyBeaver this company wouldn't be permitted to take a Dragons Den test never mind pass it. One man band with no credible business plan, just a wish list and no income stream. Incredible how it has become listed to attract crowdfunded investment from private investors willing to gamble but often not in a position to conduct meaningful Duedil.
Had my fingers burnt once on a similar AIM listed company, never ever again.
It sounds like you have been drawn in by CC. I sincerely hope CC proves me wrong for your sake.
An article on Mail online throw some light on what BLCC has been up to https://www.dailymail.co.uk/news/article-6868685/Tory-Party-deputy-chairmans-cousin-buys-4-000-acre-farm-grow-import-cannabis.html
Just spotted this on the latest share chat feed. Amazing to see South C avatar still after all this time attempting to bait investors who lost money here. I think it is a bot or something like it. Can't be a real person....can it?
Rochie you have more than earned the right to be critical having been at the coal face for an age watching your investment wither on the vine. I sincerely hope you recover your life savings. As for the Stoned person, he or she should hang their head in shame for having the temerity to criticise you. I sincerely hope you get something out of this with something and learn lessons. IMO no company should be allowed to list on AIM without having substantive income and growth credentials. If they can't raise money needed via experienced and savvy investors e.g. Dragons Den route they should not be allowed to tap up inexperienced and unsavvy PI's.
If you think the BNR investments are rock solid, possibly a good time for a punt. Wherever their investments go and at whatever pace BNR will follow.
Agree with your thinking Oilmagnet. BNR have placed their bets (investments) in various places so eggs are not all in one basket and now wait to see how they perform. Might be a long time before things start emerging from the ground and for some it might be never, even where valuable stuff is proven to be there waiting to be mined and sold. Lot's can go wrong (cash burn, bad business moves, dodgy politics, climate, corruption, civil unrest, war etc etc) In the meantime the rumour mill will probably cause volatility but largely this seems a long term riser to me.
Yes Cassius. AIM for PI's is a risky and dangerous place. Too many highly speculative co's big on dreams, light on income, tangible assets and capital, run by boards of Directors without respectable stakes and with long list of NED's designed to do nothing it seems but manufacture credibility and help raise funding. Even the unsecured Bergen were stung for �1 or �2m. Don't care who you are that's a lot of dough for a professional investment firm to lose in a company with the Fundamentals of MTV. Lessons learned.
Hi JJ. Hoping to brighten your day thought I would point out the definition of comedy which SCB keeps saying applies to this board. 'a play, movie, etc., of light and humorous character with a happy or cheerful ending; a dramatic work in which the central motif is the triumph over adverse circumstance, resulting in a successful or happy conclusion.' So he thinks MTV will have a happy ending.......
And I am a dormant something or other, rather than a lone amateur PI with many years experience in the Financial Services industry, though I must confess limited experience of AIM. My problem with the likes of Stonedchic is the constant blinkered hard sell with no downside balance as far as I can tell and all that to an invisible and silent audience of avatars. My advice is take very great care of your hard earned and never ever take the advice of someone who is not answerable to you for bad advice. That said BNR could come good sometime after it's investments become established and bear fruit and start to pay out revenue to BNR or BNR cash in on their investments.
And I am a dormant something or other, rather than a lone amateur PI with many years experience in the Financial Services industry, though I must confess limited experience of AIM. My problem with the likes of Stonedchic is the constant blinkered hard sell with no downside balance as far as I can tell and all that to an invisible and silent audience of avatars. My advice is take very great care of your hard earned and never ever take the advice of someone who is not answerable to you for bad advice. That said BNR could come good sometime after it's investments become established and bear fruit and start to pay out revenue to BNR or BNR cash in on their investments.
AIM is okay so long as you understand the gamble. It is riddled with companies low on income and high on speculation which needs funding.