Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Was my last article on AO World (AO.) really all the way back in March 2017 as per here? Back then it was kicking around a 140p share price and kindly lost two thirds of this over the subsequent three years. Back then I bemoaned the renamed Appliances Online’s inability to understand that ‘in the world of retail revenues are vanity whilst profits are a matter of opinion (but better to have than not) whilst cash flow is sanity’, asking to be woken up when ‘the company starts talking about generating cash and proper profits’…
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