Watches Of Switzerland Share Discussion Threads

[dudishes] 16/11/2022 17:42

Seasonal lift, high price paid but it could work out.

[hazl] 15/11/2022 15:51

Increase in holdings.

[hazl] 15/11/2022 14:29

Looking good for this afternoon.

[hazl] 15/11/2022 10:17

A good start.

[hazl] 14/11/2022 09:46

Understandable softening of the price after such a strong run.
Looks as though it might be stabilising.

[hazl] 10/11/2022 14:16

Wow Dow up greatly premarket and Gold, risk back on perhaps.

Tick tock indeed White house!

[the white house] 10/11/2022 13:37

Tick tock Boom!

[hazl] 10/11/2022 11:51

Thanks to bluster.

[hazl] 10/11/2022 08:37

Thanks kalai1.

[kalai1] 09/11/2022 14:08

Watches of Switzerland Group issued another impressive trading update this morning. The Group has enjoyed strong broad based trading momentum through Q2, is continuing to record market share gains in the UK and US, and FY23 guidance was upgraded to reflect the benefit of foreign exchange changes. Group H1 23 revenue reached £765 million up +23% at constant currency, H1 FY23 adjusted EBIT is expected to be £86 million to £88 million up from H1 FY22: £67 million. FY23 guidance was also lifted a little to reflect movements in FX with H2 projected using a £/$ 1.20 exchange rate. FY revenues are set to reach FY23 £1.5b-£1.55b, adjusted EBIT £163m-175m, both a little above previous guidance. The business is plainly going well. Valuation has improved through 2022 with forward PE ratio now at 16.0x and PS at 1.77x. The growth story is solid, the balance sheet is solid, profitability ratios are high. Momentum is lacking, the share price corrected through H1 with the wider market and has been drifting sideways through H2. WOSG is certainly worth owning for the long run and may not get much cheaper from here. BUY...

...from WealthOracle

hxxps://wealthoracle.co.uk/detailed-result-full/WOSG/608

[hazl] 09/11/2022 11:29

Funds that have this updated on dates shown


JPMORGAN MID CAP INVESTMENT TRUST PLC 2.90% 2022-09-30
BLACKROCK THROGMORTON TRUST PLC 3.20% 2022-03-31
THE MERCANTILE INVESTMENT TRUST PLC 3.10% 2022-09-30
BLACKROCK SMALLER COMPANIES TRUST PLC 2.10% 2022-09-30

[hazl] 09/11/2022 11:26

'


Watches of Switzerland upgrades guidance in parallel with revenue rise'

Alliance news.

[hazl] 09/11/2022 10:47

Apparently the CEO is on Sky news at the moment.

[hazl] 09/11/2022 10:09

Best customers?

[montyhedge] 09/11/2022 10:08

How does this company makes money. No new Rolex in any branch.

[hazl] 09/11/2022 10:00

Our strong H1 performance underpins our full year guidance, which we have upgraded to reflect the benefit of foreign exchange movements. Looking ahead, we remain confident in our Long Range Plan objectives, supported by a strong pipeline of expansionary projects as we continue with our strategy of investing for growth."

[hazl] 09/11/2022 10:00

Strong broad based trading momentum through Q2

Ongoing market share gains in UK and US

FY23 guidance upgraded to reflect benefit of foreign exchange

[hazl] 09/11/2022 08:54

Brilliant results.
Outlook positive.

[terminator101] 09/11/2022 07:31

Nice update. Strong trading and an increase in the guidance.

[the white house] 07/11/2022 12:37

Numbers WedsThe printers know

[sarahbudd] 07/11/2022 09:03

Christmas is coming

[montyhedge] 03/11/2022 17:56

I just walked into Watches of Switzerland, Threadneedle Street branch, in 1990 when I worked in the city, I don't think it's there anymore, bought a gold day/date. No problem walked out with it.Now 2-3 year wait crazy.