Watches Of Switzerland Share Discussion Threads

[slogsweep] 20/8/2021 08:03

last year interims were 17th December so nothing due for 4 months

[luderitz] 17/8/2021 09:57

Been going sideways for a little while, anyone know when the next results are due please?

[luderitz] 12/8/2021 19:58

You can’t keep a good share down 😎

[mach100] 11/8/2021 21:09

Except straight lines Luderitz. Otherwise they would be called something else. I think so anyway.

[luderitz] 11/8/2021 11:29

Spoke to soon down a bit today but as they say nothing goes up in a straight line.

[luderitz] 10/8/2021 22:37

Still on up the today.

[luderitz] 09/8/2021 22:47

Yes maybe they will thanks.

[mach100] 09/8/2021 22:23

They don't pay a divi but as the share price has gone from 210p to 1002p in 18 months the share price is far more rewarding. They have paid down debt AFAIR so perhaps will be in a position to pay a divi in good time.

[luderitz] 08/8/2021 10:29

Interesting outfit since flotation what sort of Divi do they pay?

[martinthebrave] 20/5/2021 08:38

"Upper End" of guidance & "Finishes the year Strongly & entered the New Year with real momentum." UK C.70% of business & guidance forecasted 6 weeks lockdown. Lockdown ended up at 16 weeks, so hitting "Top End" was pretty good. Nice to see a Company issuing detailed guidance for 2022. Class Act imo.

[undervaluedassets] 25/1/2021 08:21

WOSG mentioned in weekend FT yesterday.

The piece highlighted the fact that the company has benefitted from lockdown. Those bored at home have bought watches using personalised one-to-one online video showings.

The discretionary spending of the rich, with nowhere else to go during the lockdown, has found an outlet at Watches of Switzerland.

Niche stock with little competition.

[undervaluedassets] 11/1/2021 14:58

had a little top up .. rude not to

[mach100] 06/1/2021 22:07

Falling back a little when everything was going like err clockwork. Any move to 500p and this moves sweepingly in both directions and I am a buyer again.

[weemonkey] 24/12/2020 08:10

It's online that has been such a triumph during lockdown. This company has done very well selling watches with it's virtual showings.

Simple

[undervaluedassets] 18/12/2020 08:34

There is no other stock like it in the FTSE.

And such a quiet thread... I like that

[weemonkey] 17/12/2020 10:08

My nap for 2021 this stock.

Just off conference call.

Nice simple, well run business. Free cashflow generation struck me as particularly impressive. ROCE going up - now 17% up from 15% last year.

Olympics and Bond movie set to be helpful. Plus of course more normal post-COVID trading conditions. So lots to look forward to.

Fun fact gleaned from call.. The price of luxury watches has increased by 3% per annum on average for last 20 years.

[undervaluedassets] 17/12/2020 08:57

If the second half same as 1st I have this on forward pe of 24 .. not expensive for a stand out growth stock.

And I have not allowed for Christmas trading.

[texaspete2] 17/12/2020 08:48

I think this is an excellent play for where money will be spent by those who've saved a lot of during lockdown. Invested myself here today.

[weemonkey] 17/12/2020 08:44

conference call at 9pm

[undervaluedassets] 17/12/2020 08:26

Am tempted to hyperbolize but really very decent results today.

COVID proof business clearly.

I have done something I never do I have bought on results day.

The thing I really like about this business is that buying watches is addictive - They can't just buy one watch and stop. They have to have more and better watches.

Many new addictions to watch buying will have started during this pandemic; Men (its mostly men isn't it) bored at home with all that furlough money and nothing to spend it on.

hmmm ... maybe I should buy a rolex ..

[mach100] 08/12/2020 16:27

Anyone with time on their hands could do worse than looking into this. Especially if it dips under 500p. You would have to be fast then before bargain hunters clock the fall.

[under the radar] 06/10/2020 13:46

BOR breaking out of triangle now and it’s up 19.7%

465mb of light sweet crude
No debt
Own 100% of acreage
BOD have skin in the game
Quick payback time
Under $35 a barrel costs
Could be a oil rim below Darwin
$2.5m enough to last 2 years
Mkt cap £3m
Potential 1mb total sourounding Darwin
Huge prospects on our acreage
Fairway play

Great news today about PMO merger for all Falkland companies.

Well worth tucking a few away imho


ATB and GL whatever you decide

[babbler] 06/10/2020 07:20

Nice results

[thomshrike] 09/9/2020 15:31

Maybe a bit too cynical, but LVMH looking for any excuse not to own Tiffany should raise the question why we should own WOSG.