Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
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You'll need to treat yourself - Bank Holiday weekend coming soon! ;-)
AMAZING that it's hit £4.00 already today.
A nice base to build up from. A steady road to recovery.
We're still worth less than £1bn - so tiny Market Cap!
If the company can deliver on what they've outlined today, we're talking big BIG money here in the next 12-24months.
It took 25 seconds 😂
It’s knocking on the £4 door, let’s see if we can get there in the next 25 minutes.
STRONG BUY from me here!
Amazing recovery today!
As said earlier, our first stop is £4.00 and it looks like we're likely to break through this today.
The TU today has been amazing, and we won't be seeing the lows of 325p again. Glad that I had topped up.
Exactly ! Dubai, Qatar and Saudi are enough for a 20% increase in sales ...
"AHEAD OF CONSENSUS
Fourth-quarter sales ticked up 4% year-on-year to £380 million, ahead of the £375 million analysts were calling for, with the Rolex, Breitling and Audemars Piguet purveyor delivering continued market share gains on both sides of the pond."
Don’t forget the Middle East money!
For the time being WOSG is only in UK/Europe and the US.
Japan, China, India, Australia etc. could be next markets for WOSG.
China has more billionaires than the US while India is catching up...
What is promising is that the US is growing very quickly. I wonder what will happen to its numbers if they will start exploring China and the far East ...
FY25 guidance upgraded to £1.67 - £1.73 billion = growth of 9% - 12% at constant currency. FY24 being 1.53 billion
Amazing how the Market Cap is only £897 million for a share price of £3.75, under £4 and a PE ratio = 7.3 when the average in the sector is more than 10 !!!
IMO any future offer not exceeding £2.5 billion or £10.5+ a share is a rip off.
This company is very cheap indeed.
Looking at the Long Range Plan it appears they have acknowledged that the European Expansion through opening mono brand boutiques, mainly in Scandinavia so far hasn't worked. I know sales were struggling even before the profit warnings over the recent months but at the time they were relaxed about this because they were using them as a stepping stone to getting a mainland European Rolex AD set up. Rolex's Bucherer hook up and the economic outlook has made that a longer term plan. "We are in negotiations with our brand partners for the transfer of our existing European mono-brand boutiques." to me reads they have given up on Europe for now.
It is encouraging to see them opening a couple of Rolex stores in the US this year and the following link is one for 2026.
https://www.watchpro.com/watches-of-switzerland-opens-in-midtown-manhattan-without-rolex-or-patek-philippe/
I am unconvinced by the Roberto Coin aquisition despite the favourable numbers it seems to generate as I doubt many of their competitors will be overjoyed at giving their money and sales figures to WOSG in exchange for continuing to sell RC.
The management have consistently demonstrated their ability to adapt to trends and admit when things hsven't worked out. Overall I think they may just hit their long term goals.
Excellent of Goldman Sachs to revise their price target.
WOSG is back on track and a forward looking optimistic view is assuring in the longer term too.
After the initial euphoria, it seemed to drop back significantly at the time the analyst call started at 9am...
Goldman Sachs raises Watches of Switzerland price target to 566 (550) pence - 'buy'
Another UK company taken over. Will WOSG survive an approach with such excellent qualities ? ...
hTTps://www.bbc.co.uk/news/articles/cd131l3k9jno
The SP peak of around £14.90 - £15 was hit in December 2021. Sales and profit were lower at that time, still in Covid 19 period and without Roberto Coin plus numerous new shops/boutiques opened all over the world since.
In fact, it is also better to own a luxury watch than solid gold. While the value of gold fluctuates and depreciates accordibg to economic/inflation conditions, luxury watches hold their ground far better. Check out the prices of second hand luxury watches bought 10 years ago for instance compared to gold in term of value. IMO a luxury watch is an excellent asset to own.
I also trimmed this morning but have kept a core for bottom draw for now. Good end to the week, don’t often trade Fridays!
Great timing more to come but trimmed 394.
An excellent TU and strong performance too.
Back above 400p to start with and then onwards and upwards! A steady road to recovery here.
GBX 388.60
15.04%
+50.80 Today
I like it.
(Sharecast News) - Luxury timepiece retailer Watches of Switzerland on Thursday said it was "cautiously optimistic" about future trading after a 4% rise in sales in the final quarter of its financial year driven by the US.