Watches Of Switzerland Group plc WOSG

This company operates retail outlets across the UK. It sells watches by iconic brands like Rolex, Patek Philippe, Tudor, and Omega.

hi everyone, been looking at this stock performance. Anyone want to weight with any useful knowledge

*don’t hold as sold recently

TL:DR A lot riding on their US expansion

  • 35% market share in UK and account for nearly half of Rolex sales in the UK

  • Double digit revenue and operating profit

  • Cash generative business

  • A lot riding on their US expansion which is very competitive

  • Some recent insider selling £7m

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Thks! Much appreciated…

Coming up to Christmas with watches being a great seller so stay tuned :blush:

Lovely time to top up just now! :v:

Opened a small position lately…intend on drip feeding in for the next few months :+1:

Nice :+1: made a small profit during the Covid rise. Had a keen eye on it since. Price right now is hard to resist.

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Put out fantastic numbers last week. Here’s a nice write up

https://www.ii.co.uk/analysis-commentary/stockwatch-growth-share-thriving-our-obsession-status-symbols-ii528556

I took a small position in the last week and am 25% up…hard to add more at this stage but long term still should have plenty of growth.

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Hi all, could someone please explain to me what is the £3 per 1p. Also why would they say put my stop lose at £400 so I can lose £900 that make no sense. Could someone please help me and explain to me they understand from this.
Thanks in advance.

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I believe they are talking about spread betting, not investing.