Watches Of Switzerland Share Discussion Threads

[jsg123] 28/6/2024 13:34

This share is a mindf--k.
Qube research all over this

[aishah] 28/6/2024 10:33

*BARCLAYS RAISES WATCHES OF SWITZERLAND TARGET TO 595 (580) PENCE - 'OVERWEIGHT'

[jsg123] 28/6/2024 08:26

All the way back down

[johndoe23] 28/6/2024 08:11

Yes, was rather a large sell

[jsg123] 27/6/2024 20:26

Isn't the UT essentially the closing price?

[johndoe23] 27/6/2024 19:42

Ignore the UT, at least it's closed above 425p

[jsg123] 27/6/2024 16:58

Disappointing pullback really.

[johndoe23] 27/6/2024 14:16

Clear path to 650-700

[hamhamham1] 27/6/2024 13:16

Nice rise, but still should be 8 quid +

[blackhorse23] 27/6/2024 11:35

https://www.proactiveinvestors.co.uk/companies/news/1050699/currys-aims-to-power-up-shareholder-returns-soon-after-recharging-profits-1050699.html

[hjs] 27/6/2024 09:44

Maybe someone is running a slideruler on this company. US companies will be the buyers as they know the UK companies are cheap compared to US.

[trying2trade] 27/6/2024 08:37

Well, not getting the entry I hoped for. Well done to holders

[the white house] 27/6/2024 08:19

DecentUS nearing & moving past 50pc is encouraging. Huge oppo. Lack of competitors in this field is remarkable & expansion will attract interest both in watch buyers & speculation re us listing and/or takeover highlights the ludicrous current share price Added 415

[johndoe23] 27/6/2024 08:07

Close those shorts

[aishah] 27/6/2024 08:07

@SCSWSharewatch
#wosg WOSG confirmed previous guidance for FY25 sales, inc Roberto Coin, in the range of £1.67bn to £1.73bn with ex fx growth of 9-12%. Mgmt remains 'cautiously optimistic' on FY25 'the UK starting to show signs of stabilisation'.

[bridggar] 27/6/2024 07:55

US listing coming?

[johndoe23] 27/6/2024 07:21

Guidance maintained for FY 25. Not bad

[johndoe23] 24/6/2024 11:57

A few folk short on here, judging by some of the comments

[hamhamham1] 24/6/2024 10:54

Yeah. Paid $130m for Roberto Coin, $120m being upfront, and $10m depending on performance.
With that deal got nearly $88m of gross assets.
They made $30m profit before tax last year, so in my duffer book, once WOSG have netted a couple of years of profit from them, that the cost paid for, allowing for the assets bought which have an intrinsic value, WOSG paid approx $42m over the gross asset value to buy the company.
I know it's a simplistic view, but it works for me :)

[aishah] 24/6/2024 09:19

US acquisition is a game changer. Reminder of US bounce:

Swiss Watch Exports Post Surprise Jump After US Revival
Demand for pricey models remains strong thanks to US buyers

[hamhamham1] 24/6/2024 09:16

Share price up, nice.
Soon be back at 7 to 8 quid.

[trying2trade] 23/6/2024 10:06

You don't get rich and wealthy buying things on impulse and a whim. WOSG need a thriving upper-mid range middle class to be in a good place and I don't think they are.