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I think it will hang around at this price between 370-400 until more data comes in over the next few months.
5% rise so far today is a decent rise. Hopefully not a dead cat bounce.
Where do you see this going then Ade? Genuinely interested to hear.
Nice recovery hahahah 2% up after a 36% drop haha shares don't go up or drop in a straight line.
Interesting observation pokerchips . I’m curious to know where you think the SP goes from here
Nice recovery and bounced off the 365 mark
Looks like the bottom is in now. Primed for a small recovery from here.
I think the drop was a set up.... just like JD. ..both prices pumped up before Xmas with anticipation of good seasonal sales and both dumped hard by those who anticipated not meeting guidance .... I suspect the Investment bankers set their CFD shorts up and dumped shares, making very good money on the short .... carnage for those caught in the headlights not knowing and panic selling or stop loss selling
Market thinks it is good news, as it suggests a drop in interest rates is back on the agenda ...hence the price rise today..I suspect
Not really, just reflects the RNS we had yesterday...
Retail sales show bigger than expected drop in sales.
Big drop surpsied me, topped up though as it could bounce back today.
Having worked with wise people with plenty of cash and daft people with plenty cash, they do love expensive things, watches are a way to show off and say 'look at me' to me, expensive watches were a sure bet, also they will tlk about their watch collection, some own a few and never wear them... it is their "stocks and shares ISA" but most own a few, seems nuts but we are all different. There other ways of showing of are flash cars, big house etc. Cars, thats an easy way to show off every year, houses not so much, too much hassle moving. Now the electric cars, most of the above guys just want a fast show off car and don't care about running costs. These watches and collections of watches are the same, they cannot help themselves.
For me, watches are a good investment from a share owning point of view.
It's not just a case of whether you.. believe in . their long term business plan - because they are reliant on Rolex to
provide the stock and more importantly a favourable product mix.
It's the product mix pount which may be a vital one.
Takeover has gotta be a possibility at this SP.
You should see if KfC are still hiring, see if you can get some evening shifts and try and get some money now you're lost it all.
Would think the share purchase would be shorters buying back and a hefty profit. Takeover unlikely imo as despite what they say the train has hit the buffers. Its a well run company but they need to be ruthless now cutting non profitable sectors.
What are your thoughts?
At the current share price do you think Wosg could be a target for a takeover.Not only Rolex but some of the other major brands could be interested parties and strategically it would make perfect sense
Who purchased the £8000000 worth of Wosg shares?
I will be happy if it bounces to 4 pound by the end of next week.
Both Investec and Jefferies issued notes today reiterating WOSG as a big fat BUY. Big over reaction today. Hopefully back at £5 soon enough.
Looking for 250 - 275 soon and a buy then.
Now 41.21%
Waste of time, in most cases as it has little impact on the mcap, except fror frightneing the horses in the UK when they think it matters!
all i see is guidance down 10% and sp down near 40%...
Nobody is manipulating the share price, it's FTSE250 so trackers have to rebalance to take into account its much reduced market cap following this morning's profit warning.
And falling!
Looks like a distressed seller... Will bounce
Cash collection may be the other problem. Debt may rise further.
Net Cash only 16 million? Debt 26 million?
I thought they held more cash than that.