News about Andrew Wade

AO World shares surge as online retailer electronics retailer eyes more than £1bn in sales

www.dailymail.co.uk, March 28, 2024
AO World's internet store has updated its profit forecast as a result of 'clear growth' over the past year. On Thursday, AO World shares increased by 15.86 percent or 14.25 percent to 104.10p, having increased by more than 61% in the last year. It's the most recent update after improving its profit outlook in November last year as its cost-cutting initiatives continue to bear fruit.

As a result of the feared hedge fund's £70 million lifeline, Superdry's shares have soared

www.dailymail.co.uk, December 22, 2022
Bantry Bay Capital, led by Julian Dunkerton (pictured with wife Jade Holland-Cooper), has agreed a new debt facility with Bantry Bay Capital. Though investors were relieved that Superdry would live to fight another day, the new loan has come at a price. Superdry will have to pay interest at a rate that exceeds 85%, which now stands at nearly 11%.

TIPS FROM THE MIDAS MARKET: Greggs is looking scrumptious in the midst of a cost of living squeeze

www.dailymail.co.uk, October 8, 2022
It's impossible not to feel good about Greggs. A true British success tale based on our passion for flaky pastry and uncomplicated hot drinks will make you smile every time you see a TikTok teenager sporting a Greggs-branded bucket hat. Greggs trades on a 15:3 percent price-earnings ratio this year, with a yield above 3 percent. The ratio has risen by more than 17 percent in recent history. Worth a nibble.