Watches Of Switzerland Share Discussion Threads

[gswredland] 21/4/2023 16:31

I bought in yesterday
Luxury goods are doing well apart from watches

[johndoe23] 21/4/2023 09:38

Not sure why share price is weak. Positive last statement, watching closely to initiate

[gswredland] 13/4/2023 15:00

This fall seems to be specific to WOSG. Many stocks seem ok atm.
700 coming again?

[the white house] 13/4/2023 08:12

Back in @ 755 strong numbers all over about Lvmh etc recession impact falling China trace reopening

[fuji99] 15/3/2023 11:51

Now it's the turn of Credit Suisse spreading toxicity into the markets. Could be another big bank going down. Market nervousness will become very jittery.

[fuji99] 13/3/2023 09:34

I don't think it will now be easy to raise a single penny following SV Bank debacle. Many small lossy companies may go burst.
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Polarean Imaging POLX
Aferian AFRN
Venture Life VLG
Redcentric RCN
Eagle Eye EYE
eEnergy Group EEAS
Diaceutics DXRX
Yourgene Health YGEN
GetBusy GETB
Pure Tech PRTC
Molten Ventures

Learning Technologies Group LTG

The Sunday Times 12 Mar 2023 today mentions the following names in their articles...

Roku circa $450 million with SVB

Founding Factory
Adzuna
Elliptic (cryptocurrency business)
Circle (cryptocurrency business) - $3.3 BILLION

[molatovkid] 13/3/2023 08:07

Banking sector trouble...just adds to the case for keeping money in alternative assets like watches.

[molatovkid] 14/2/2023 09:57

People prepared to wait.

[montyhedge] 14/2/2023 09:47

Don't understand why you can't walk in a store and buy a brand new Rolex, how do they make money?

[scepticalinvestor] 09/2/2023 09:13

Lower margin, all metrics down. Time to dump. Wow insane how far these bargepole aim wonders fall

[sarahbudd] 01/2/2023 14:34

Update on Thur 9th Feb..

[montyhedge] 11/1/2023 20:53

Try and buy a new Rolex.

[the white house] 05/1/2023 11:09

What do you do for an encore?

[gswredland] 19/12/2022 17:03

Chart looking dismal here.
Return to 700 on the cards?

[rampmeister] 15/12/2022 07:26

Yes Fuji but don’t forget the very large capex being expended principally on expansion within the US.sure other areas on the balance sheet have been impacted but they have seized the opportunity and bet the farm in the US and now it’s paying off.

RM

[fuji99] 14/12/2022 14:12

I think the market was a bit disappointed by a drop in free cash flow and EBIDTA margin with a net debt of £26M from a net positive cash of £30M. Also no future dividend declaration was mentioned.

[montyhedge] 14/12/2022 10:16

Lol, try and buy a Rolex. No chance.

[the white house] 14/12/2022 08:39

Like DelBoy affects Merc

[montyhedge] 14/12/2022 08:29

How's it going to affect them, Rolex going into the grey market themselves. Surely it will effect AD.

[grupo guitarlumber] 14/12/2022 08:23

(MT Newswires) -- Watches of Switzerland (WOSG.L) posted a rise in attributable profit and revenue for its fiscal first half ended Oct. 30, thanks to continued strong demand for luxury watches and jewelry.

Profit after tax attributable to equity holders of the parent company totaled 64.6 million pounds sterling, or 0.27 pound per share, compared with 51.6 million pounds, or 0.216 pound per share, according to a Wednesday earnings release.

Revenue totaled 765.2 million pounds, up from 586.2 million pounds in the previous first half.

The British retailer of Swiss watches said it is making "excellent progress" with its showroom expansion and refurbishment program.

Watches of Switzerland closed more than 2% higher on Tuesday.

Price (GBP): £959.00, Change: £+22.50, Percent Change: +2.40%

[montyhedge] 04/12/2022 18:30

Are Rolex going into the second hand grey market, will that bring prices of second Rolexes down ?
Any watch experts out there.