Watches Of Switzerland Share Discussion Threads

[montyhedge] 02/11/2022 20:04

How do they make money, you can't buy a new Rolex for 2 years. No one's got stock.

[the white house] 02/11/2022 09:46

The new Battersea branch now has an 8 day (@ 36 slots per day) wait for an Rolex appointment. unless this is hiding something this is a remarkable show of demand

[bothdavis] 20/10/2022 20:59

I don't believe its arrogance....at these prices they have to mitigate risk by limiting the amount of people in the unit at any one time.

Think its called being prudent.......

[dancing piranha] 20/10/2022 17:33

The arrogance to have to make an appointment to buy a friggin watch is unbelievable! No wonder the share price has halved...

[fuji99] 12/10/2022 16:15

Trading Update may be released next month (around 8th-9th November).

[livewireplus] 29/9/2022 15:56

Indeed .... the clock is ticking .... can't turn back the time on macro events ... :-(

[prince7652] 29/9/2022 15:51

Clearance sale on watches soon?

[prince7652] 29/9/2022 15:49

They will call you now

[fuji99] 01/9/2022 11:44

This is a well run company in an excellent sector. However I am afraid no sector or stock will escape market corrections. So I got out as the long term view is completely flawed by geopolitical issues and high inflation. I will remain mostly in cash for the next 6 - 12 months. Not comfortable with the overall trend as it looks as if the bear market is setting in.

[w1lbur01] 20/8/2022 22:51

UK funds focusing on beaten-down stocks can provide shelter in a storm https://mol.im/a/11127999

[km18] 16/8/2022 13:19

Watches of Switzerland Group issued a Q1 FY23 trading update for the 13 weeks to 31st July this morning. The Group has enjoyed a strong start to the year, positive momentum has been carried over into Q2. Group revenue grew +31% at a reported rate to £391 million. This was driven in particular by further acceleration in the US with revenue of £152 million up +100% vs Q1 FY22. Management re-iterated its previous guidance for FY23 for revenue in the £1.45 - £1.50 billion range and adjusted EBIT in the £157 - £169 million range. The Group is high quality and has a robust growth outlook. Valuation is average, but not a constraint on medium term upside. And the share price looks to have broken out of its H1 correction. BUY...

...from WealthOracleAM

[deanmatlazin] 16/8/2022 11:35

i love the business and the trajectory of this business. One of the best growth shares

[rampmeister] 16/8/2022 11:31

FY forecast looking unduly cautious imv. US gamble seems to be paying off handsomely with 100% revenue increase so would expect this area to become the major revenue producer this year. Forecast suggests that following on from Q1 the company will be going ex-growth so plenty of room for a significant beat with momentum building stateside.

RM

[bothdavis] 16/8/2022 11:11

Why 'Oh dear....not good'.... Septic Investor?

31% rise NOT GOOD!!

[fairman] 16/8/2022 08:49

Their forecast for FY13's adjusted EBITDA is based on a gbp-usd fx rate of 1.3. If we stay near the current 1.2, it should add GBP 6 MILLION to adjusted EBITDA.

[montyhedge] 16/8/2022 08:10

I cannot buy a new Rolex from them, they don't seem to have any.

[deanmatlazin] 16/8/2022 08:06

Fantastic result and great future. £12 is a fair price . The turnover will reach £1.6billions based on the quarterly report.

[the white house] 16/8/2022 07:57

Totally impressive & still growing wait lists secures future. All airports now open will feed through & US looks key area with easier wins for a national playerplans for Rolex in Bond St to be enlarged to a monster 7 (seven) times larger next year just goes to show this is a short & long term solid play

[scepticalinvestor] 16/8/2022 07:57

Oh dear...not good

[molatovkid] 16/8/2022 07:56

Looked good to me too....watches in demand!

[whites123] 16/8/2022 07:32

Was expecting decent trading update, but this surpasses expectations. :-)

VERY HAPPY.

[deanmatlazin] 15/8/2022 17:30

Shore Capital initiated coverage of Watches of Switzerland on Monday with a ‘buy’ rating and 1,200p fair value.


"Of our UK retail coverage, we would argue that WOS offers one of the highest levels of protection from the decline in consumer sentiment," the broker said.

"Investors have the prospect of high returns given the group’s relationships with luxury watch brands and the retail consolidation via its geographical expansion, with international now 35% of revenues."

ShoreCap said that in a highly fragmented sector, WOS’s almost 100 years of experience has translated into strong growth as a listed company. It noted that over the past three years, the company has tripled EBITDA and doubled operating margins, "a testament to the strong impact of the group’s CEO, Brian Duffy".

"We believe these credentials position the company to be the ‘partner of choice’ for watchmakers, which should fuel growth over the coming years," it said.


Hope for a big bounce tomorrow. target £12.

[the white house] 15/8/2022 16:02

Q trading numbers tomorrow Rolex wait lists still make an add the only call...