Watches Of Switzerland Share Discussion Threads

[fuji99] 25/4/2024 09:38

BHP making an offer for AAL. Is this sector going for consolidation too ... ? I think it will and very soon while shares at at their lowest = Positioning before the economies fully recover .

[fuji99] 22/4/2024 12:28

Cheers Warren. Very interesting analysis.

[wallywoo] 20/4/2024 08:12

Too cheap for a company with an open objective to double turnover and ebitda over the next 4 years. Even if they fail with this plan the share price should recover substantially. Share price looks like a double bottom is forming. Not confirmed yet but it could be the ideal time to buy.

[pugugly] 19/4/2024 20:34

3 year waiting list for a bit of bling to stolen of our wrist. Forget it. Buy a stab proof vest - Far better investment if you live in London.

[mountpleasant] 19/4/2024 17:46

I bought one of the new Patek models. Theres no winding it up... has a battery.

[warrenbuffet73] 19/4/2024 15:55

Good job most of our shops are in Uk Europe and US

[the cronk] 19/4/2024 15:39

I read this earlier, thought it might be of interest here.

[havinthelasttoast] 19/4/2024 15:24

Absolute BS.

What you are talking about is being on a 3 year waiting list to get given one by Watxhes of Switzerland.

That is a different story between buying one as an investment and being lucky enough or foolish enough to buy one by wsog where you will have to spend a load of money with them on worthless jewellery first.


There is no free lunches. Come on guys it isn’t rocket science. I got mine from mark worthington for 23k. It peaked at 50k. Details for 38 but he would offer me 30.

Buying new of course is a great investment but let’s make it clear nobody can walk into a shop and buy a Rolex. They can buy a used unworn Rolex and lose money if they sold it the next day. Donuts

[johndoe23] 19/4/2024 13:38

Probably worth a punt at this level

[fuji99] 19/4/2024 13:08

Market cap is now half its revenue.

[fuji99] 19/4/2024 12:49

Already listed as a possible takeover in Bloomberg.
Today it is even cheaper.

[warrenbuffet73] 19/4/2024 10:25

With all due respect, if you are fortunate enough to purchase one of most sought after Rolex’s new today, it’ll be worth more tomorrow

Check Chrono

[fuji99] 19/4/2024 10:22

Havin...: Only time will tell; accurate time from a Patek Philippe of course ...

[havinthelasttoast] 19/4/2024 09:45

What a load of BS ya daft ramping mug.

I hold both but I guarantee you my 40k Rolex I will have a lot to hassle selling and be offered bad prices by dealers.

As opposed to bullion dealers online where the spread is transparent and small and you know exactly what you see getting and you post the gold special delivery in individual parcels guaranteed and are paid within 24 hours. Atkinsons. Bullion by post I’ve used. Now go and see what you can get for the Rolex you just bought. Prob about 10k less so wtf are you talking about you stupid daft ramping mug.

Nothing more biased and stupid than an under water ramper.

Gold is cash. Watches are speculative with large margins for dealers like WSOG and not a credible investment as opposed to gold. I wear mine daily, and it’s nice the retail is up on it but the price you can actually get is a lot less and depends on a lot of factors.

Fuji you are defo a founder member of the 76 percent club. Watches are equal or better to gold as an investment hahahahahahahabababababab. Tell that to people who bought last year and would be lucky to get 50 percent of the retail price they paid if selling back to a dealer. Gold bullion has a 3 to 7 percent spread and is like cash. Watches have a 20 to 40 percent spread and are very fickle.

[fuji99] 19/4/2024 09:23

Agree that holding luxury watches is equal or even better than holding physical gold.
Easier to sell and price depreciation as is in gold is minimal.

Warren: Yes only one shorter reducing to 1.19.



The most shorted (PFC, ASC etc.) can be seen below:

[warrenbuffet73] 19/4/2024 07:53

Somebody posted on LSE that a short reduced their position yesterday too

[warrenbuffet73] 19/4/2024 07:51

The rich are getting richer and the watches and jewellery they are selling must be appealing to the masses more than we realise.

Supply and demand likely to keep prices stable imo

[warrenbuffet73] 19/4/2024 07:49

Rolex, Cartier etc seen as solid as gold and most see as investments that make money after bought new


I have three bosses who can’t get enough of these, even my mate who owns a window cleaning company is on a wait list to buy one for his wife who is on min wage. I think the future here is excellent. Low debt too

[montyhedge] 18/4/2024 20:08

Does anyone want an expensive watch in London, can't show it off,.

[justiceforthemany] 18/4/2024 17:32

P/E nearer 8 actually, still low.
Directors hold a decent amount. Bought at far higher prices.
Bid is plausible.

[fuji99] 18/4/2024 14:34

For the long term, this could be an excellent hold as owning valuable luxury watches can complement holding physical gold in times of uncertainty. I am a buyer at these low and cheap levels (PE ratio has now reached 6.5).

[greenhat2] 27/3/2024 20:32

It's bounced off the bottom here these last two days.... Big trades

[primarch1] 22/3/2024 15:16

Directors did pile in recently I'm sure there not overjoyed either crazy cheap now considering we're it was two years ago,it's hardly going bankrupt joys of the uk market

[spig69] 22/3/2024 15:13

Ouch indeed!
You would have thought that the Directors would pile in at these levels. The absence of any big buys worries me a bit. If sales were upbeat (inline with expectations) you would expect large shareholdings to increase at the current low levels along with Directors. As a holder from £3.50 this is of concern......