The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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At £8 a share WOSG market cap will be only be £1.9B, targeting £3B sales in 2028.
DARK was taken over at £4.5B
Today Darktrace is taken over by Thoma Bravo, after AAL approached by BHP.
I am convinced many UK listed companies will be taken over and WOSG is a top candidate.
£5.50 PT
Lovely
Not specific to WOSG. Most stocks are all down today apart from a few pharmas and (AAL approched by BHP.
Thanks guys/girl's for your quick response very much appreciated 👍👍
US GDP growth slower than expected
Think we break this tomorrow.
Anyone know why the sudden drop?
BHP making an offer for AAL. Is this sector going for consolidation too ... ? I think it will and very soon while shares at at their lowest = Positioning before the economies fully recover .
Hit by China predominately-20%
Most of our sales go elsewhere so perhaps not so much of an issue then
I was just about to agree but then listening to Kering/Gucci update on Bloomberg now. 18% down and large hit to profit in H1
Doesn’t bode well for us today but sure we’ll bounce
Trading update, is due 18/5/24, so take that date into account, for my projected target date of 24/5/24.
Short sellers, in WOSG, are reducing according to the short positions record, which is bullish. DYOR.
The RSI, positive divergence, relates to the sp, troughs of 18/1/24 and 22/3/24, encompassing more than 2 months.
Using the first trough as the positive divergence pivot, projects a sp target of 489, with a time target date of 24/5/24.
The RSI, is expected to have risen above 50 today, and the uptrend should remain intact, while the RSI, remains above 50. DYOR.
440-460p is still higher than what the current price is.
This is an excellent buy and hold - even getting to 400p is a decent return.
Not a great look when your own house broker has to downgrade.
Jefferies cuts Watches of Switzerland price target to 440 (460) pence - 'buy'
Agree that holding luxury watches is equal or even better than holding physical gold.
Easier to sell and price depreciation as is in gold is minimal.
Rolex and other top end watches seem as valuable as gold atm
https://www.bloomberg.com/news/articles/2024-04-08/allfunds-uk-stocks-touted-as-favorite-m-a-targets-in-survey
Shorts closed some of their position yesterday. Good to see
I agree, me too
Every time we hit lows, the price rallies.
Somebody is buying up
It still appears on the hit list of takeover targets too, so maybe LVMH might be in the market for us?
For the long term, this could be an excellent hold as owning valuable luxury watches can complement holding physical gold in times of uncertainty. I am a buyer at these low and cheap levels (PE ratio has now reched 6.5).
It's gone down too much and I can only see this going back above the £4 mark.
A nice long opportunity ahead.
Not convinced this hasnt finished its slinky style slide from grace