Watches Of Switzerland Share Discussion Threads

[davidro77] 01/3/2022 19:43

Starting to weaken substantially now. Could this go a lot lower? Russians aren't going to be buying many Rolexes at the moment

[fuji99] 10/2/2022 09:33

Excellent results; excellent growth via new market penetration in Europe and opening of new shops all over the US. People are more and more investing in luxury watches as their value keeps going up, far better than gold or leaving money sleeping in a bank at almost 0% interest. Holding a Rolex watch for a few years looks far better than holding its equivalent in gold as the watch price keeps rising year on year. To check this, one can simply compare today price of say a Patek Philippe or a vintage Rolex with its price 10 years ago ! Amazing how the price grew by more than 30%. WOSG gives great exposure to this sector. Once they complete their expansion, WOSG may introduces dividends in the future. This will be a perfect win/win investment. Holding a growth and dividend stock. The results convinced me of the long term growth now. Bought more today and will hold for a minimum of 5 years.

[the white house] 01/2/2022 10:45

Trading update Q3+ Thurs weekFurther long 1360 Sept

[eggy toast] 19/1/2022 19:49

Thinking this'll move upwards into results now.

[the white house] 19/1/2022 09:09

Back in 1260 September

[glavey] 12/1/2022 07:19

Time's up.

[davidro77] 10/1/2022 22:19

Top is finally in?

[eggy toast] 10/1/2022 16:48

Getting hammered now along with many 'luxury' stocks.

[malcolmmm] 04/1/2022 16:54

I am buying more, I collect watches and know that is addictive

[woodyjmw] 30/12/2021 12:58

It’s been a great year for WOSG, can it repeat the trick in 2022? The growth story remains in place, although I will be tempted to take some profits soon.

[the white house] 23/12/2021 16:27

Many thanks of behalf of the Finance Director not me....& I am sure his Xmas will be not too shabby. How often would you check your account balance if it was 4.6m, I look forward to the dayNice move today, airport travel in US higher than 2019 or a tip somewhere. Tag Boutique opened in my city, joking big WoS and revamped Goldsmiths. Full HouseUnique space, first to market in a long term and historic expanding market

[fuji99] 21/12/2021 13:41

Well done the white house. Merry Christmas to everyone !

[the white house] 16/12/2021 16:16

4.8m retirement pot banked, all above 14Congratulations

[the white house] 14/12/2021 08:16

BofA upgrade to Buy out, PT of a scorestates strong growth potential even tho having been the longstanding UK leader now entering a new phase of expansion

[fuji99] 10/12/2021 16:42

IMO the only stimulus that will keep institutions and PI's fully invested will be the dividend. Without it most will take their huge profit to re-enter later when turbulence in the markets recedes.

[fuji99] 10/12/2021 15:54

Agree that WOSG is a quality stock but a bit worried about the state of economies in the world and the instabilities between China/the US/Russia. I also hope China turbulence won't affect the US and the UK purchasing powers.

[martinthebrave] 10/12/2021 15:17

fugi99 Have you read the results? 100% of this business is UK or US. China is not relevant nor is Evergrande. The wealthy have more money as a result of the pandemic. There is no frozen share price just normal Market gyrations. I am happy to Hold these.

[the white house] 09/12/2021 15:52

Not your finest post. With the shares up 100 and back to level with 20 mins of opening and now up 40 to an ATH...frozen...is not the best word to describe action on a day where some will take profits but it seems the bigger picture is pushing things ahead nicely through the day

[fuji99] 09/12/2021 12:59

The numbers are great but the market is a forward looking beast. IMO the hesitation on the share price direction is due to the anticipated future growth and the effects of Covid and particularly China and its Evergrande fiasco. China is one of the biggest buyer of luxury. Will people buy more luxurious watches in the future if there are less jobs, less money, high inflation etc. ? Will inflation and high interests stagnate growth in luxurious goods ? These are the questions many investors are asking as WOSG needs to deliver more than today. Thus why we see this frozen share price action today. Without dividends, there will be hesitation by large institutions due to a more higher risk in growth .

[the white house] 09/12/2021 08:29

Marvellous numbers, expansion plans looks set to domino, flywheel effect to dominate space, new stores near me v impressive and meeting previously unmet demand from local and huge visitor wealth Congratulations to all

[woodyjmw] 07/12/2021 23:34

And go again, still plenty of momentum.

[luderitz] 05/12/2021 15:10

Interesting thanks and a pity from my point of view that they are not listed on our LSE for ease of trading.