Watches Of Switzerland Share Discussion Threads

[mister md] 05/2/2024 10:31

Maybe Swatch will take it over and rebrand it as Swatches of Switzerland ... ? lol

[glavey] 05/2/2024 03:24

Aaahh... Betaville. Some surge.

[jasab] 04/2/2024 13:47

Jeremy Hunt looking to reverse 'tourist tax'

[tsmith2] 02/2/2024 13:03

Volumes now returning to normal. oversold

[tsmith2] 31/1/2024 21:41

nice turn around this afternoon

[fuji99] 31/1/2024 13:02

At such distressed share price, I won't be surprised to see a bid approach materialises when one looks at its long term potential.
A few months have passed now since the speculation.

"Watches of Switzerland surges on Betaville takeover speculation
Watches of Switzerland surged on Tuesday after markets blog Betaville said in an "uncooked alert" that the company was at the centre of takeover speculation.
Betaville said that people following the situation have heard rumours Watches of Switzerland has attracted takeover interest.
The identity of the company circling Watches of Switzerland is unclear, Betaville said, although there was some suggestion it could be a luxury goods giant.
Other people following the situation suggested a private equity firm may be interested in the business, which prior to listing on the London market was owned by US firm Apollo."

[mountpleasant] 31/1/2024 12:40

I don't see how they can sustain the current number of stores.
In London, I pass 2 locations on a daily basis... No customers in them, staff sitting around in their River Island suits.

[sentimentrule] 31/1/2024 12:11

Could be the most hyped company on LSE. Don’t see support level until 140s

[sentimentrule] 31/1/2024 11:35

Web traffic bad, but conversion terrible. Dec slowdown only the beginning. Rolex cutting supply. This is bad, lots are worried. Sorry for those who are 50% down in last 2 months

[the white house] 31/1/2024 08:20

Aftertimer

[sentimentrule] 31/1/2024 08:15

Goodness me, this dog looks weak. Happy to be shorting it. Rolex will dry up all supply over time

[fuji99] 30/1/2024 14:52

Interesting link with Amex:

[sentimentrule] 29/1/2024 17:40

Sizeable holders reducing now. Rns to come soon once complete

[mountpleasant] 29/1/2024 15:59

PE ratio is based on historical earnings... That's the problem.
I think the trend is to not wear a watch. None of my mates wear one.

[fuji99] 29/1/2024 13:29

PE ratio is now around 7 and I think they have given the market their worst case scenario. IMO if any improvement is flagged up in the near future because, say of interest rates dropping or because people are buying luxurious watches instead of physical gold to diversify, the share price could rise sharply. So could have bottomed out from here at 375p'sh. Let's hope so...

[tsmith2] 28/1/2024 19:31

as do Marshall who are more recently reducing their short!

[sentimentrule] 28/1/2024 17:56

Shorts! Qube know
hxxps://shorttracker.co.uk/company/GB00BJDQQ870/

[sentimentrule] 28/1/2024 17:44

Analysts at the investment bank Peel Hunt also raised specific concerns about Watches of Switzerland, which told the City that Rolex, the retailer's most important brand, was not giving it enough supplies of the most expensive timepieces, for which long waiting lists showed demand remained strong.1

[sentimentrule] 28/1/2024 17:43

I m worried

[tsmith2] 28/1/2024 17:04

brilliant, loving it.

[sentimentrule] 28/1/2024 16:49

WOSG too capex heavy. Possible refinance needed?

[tsmith2] 28/1/2024 16:39

Lol. sure..

[sentimentrule] 28/1/2024 10:44

Rolex will sell good watches only though it’s channels. WOSG ain’t one of these. Big issue

[tsmith2] 27/1/2024 20:14

the article as it says in the headline is about..What the Watches of Switzerland warning says about Rolex demandand it was written on 18 Jan.so give the sh*te a rest