RE: Fair SP?20 Apr 2017 20:25
The bottom line is that the interim results were poor as many expected - even after the company having a decent Christmas trading period. The company's performance has oscillated from good to bad to good to mediocre in recent times Sales are vanity and profit is sanity. The share price rose yesterday maybe because some were expecting better than was delivered? Didn't have time to read the link posted about the newish chief executive but, at any rate, he will need to do better and demonstrate that he can learn fast about bricks and mortar retailing though nobody doubts his background in on-line retailing. Probably better though if they could be taken over by somebody with high street savvy. I take it you have bought in here today and, if so, good luck with it. I had a go with AO recently and was lucky but I will not be returning there any time soon after looking in more detail at it.. Hard time for the retailers at the moment and not been lured into burberry either.