B&O stock price at an all-time low

21 replies
Jeff, what a lovely selection of colors! 😁

Putrid Green??

H9 headphones with matching designer monogrammed kvadrat mask?

Puncher wrote:

Putrid Green??

H9 headphones with matching designer monogrammed kvadrat mask?

Oooooh, a Kvadrat filter mask! I hadn't thought of that! With or without Blue Tooth? And will the app control it?

3

Jeff wrote:

Puncher wrote:

Putrid Green??

H9 headphones with matching designer monogrammed kvadrat mask?

Oooooh, a Kvadrat filter mask! I hadn't thought of that! With or without Blue Tooth? And will the app control it?

The app will be meant to control it but sadly won't, properly!

The app will have a virus.

By the way, I'm old enough I actually saw an extant version of the Cookie Virus in college.

Millemissen wrote:

@moxxey

Don’t be (that much) worried about the danes - the government is massivly supporting companies and employees.

It will not be cheap, but they know that it will cost much more, if they don’t.

MM

There is a tv - and there is a BV.

MM - That’s great news! We received a reassuring message from the CEO today.

Stuart

B&O Ealing

I was looking at the shares today and they appear to have dropped by over 60% in the last year, won’t be helped by the forced store closures.

I know that plenty are in trouble, one that has owed me a 4 figure sum for 5 months!

I think the brand is in serious trouble...

Looking at the shares today, all is not well with Bang & Olufsen, a 60% drop over the past year. Clearly not helped by the forced store closures. I think the Coronavirus will probably be the final nail in the coffin for a good portion of stores.

There’s one shameful dealer out there that has owed me a 4 figure sum since last November!

Without making a judgement on their ability to survive, remember of course that global stock markets have taken a pounding in March, so B&O setting a new low should be no surprise.

The company is worth very little now - I'd seriously question whether they have the balance sheet to survive a 2 year global economic slump.

If the global economy starts moving again in the 2nd half the year and is not knocked again by a second wave of the virus, then they may limp on.

This was the pre-virus crisis background for the company anyway - they'd lost the confidence of investors a while ago.

Quite why some seem to hold out hope for game changing products from B&O now, well that escapes me.

 

 

SHEFFIELD wrote:

I was looking at the shares today and they appear to have dropped by over 60% in the last year, won’t be helped by the forced store closures.

I know that plenty are in trouble, one that has owed me a 4 figure sum for 5 months!

I think the brand is in serious trouble...

 

It doesn’t bear thinking about. I really can’t think of an alternative. B&O are absolutely unique but their obsession with colours, incompetent resourcing of the software development and total absence of customer service has been ruinous. They have been far too slow to move into the more affordable and popular area of the market. I am hoping for a magical miracle but as a grown up, I know such things don’t exist. Struggling to see what could resuscitate B&O. It’s all very sad feeling the talent, vision and history slipping away.
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