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If I were Rolex I would make a bid for the 200 Wosg stores the current share price is ripe for a takeover target
After purchasing Wosg I would then stop supplying the smaller dealers with the desirable models or better still don’t renew their contracts or if possible end their contracts
Then I would own all Bucherer and Wosg stores
I would then have 300 retail units of which I would sell the ones that duplicated in the same geographical area
Remember the surprise purchase of Bucherer shook the watch world nobody saw it coming
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?
Since the Rolex takeover of Bucherer I have always thought the next step would be a takeover of Wosg and with the share price at current levels or below Wosg will be ripe for a takeover bid
The reason it’s going so low is maybe to attract a bid
There’s something definitely going on behind the scenes
Maybe to attract a bid?
How much further can it go before a bid is made?
Thanks for the input
Hi watchman
Rolex have purchased many of their previous subcontractors and now even have their own foundry’s in Switzerland which not only produce their own steel but also taking 24 ct gold and converting it to their own exact standards this is what I mean by bringing the whole production of their products in house. Therefore why shouldn’t they control the retail sector which would be their final accomplishment of bringing everything in house as per their business module
If you look historically Rolex have moved away from other suppliers and started to keep everything in house from a-Z which I think is the mark of a good business .so basically I can’t see why they should move away from that philosophy
I welcome your thoughts
Maybe the odd strategically placed dealers but on the whole no I don’t think they would.
I still maintain that Rolex has the capability to buy out all the watches of Switzerland stores and strategically keep the most geographically important ones whilst disposing of the unnecessary stores .I think this makes perfect business sense and a smart move to make.I’m also sure other major brands will not like the fact that their products are being sold in Rolex controlled stores and may compete in the purchase of wosg
It would be a smart move of Rolex to purchase Wosg and keep the stores situated in the strategic locations and selling off the rest to recoup the initial investment. Potential buyers would be the likes of omega who I am sure wouldn’t be happy about selling their products at a Rolex controlled dealership. Or will omega take the initiative and purchase wosg
Everyone is waiting in anticipation to see what happens next and there are various opinions flying around.I believe Bucherer only have 4 stores in the uk all based in London.If Rolexes master plan is to end the appointed dealer network I can’t see consumers travelling hundreds of miles to visit these stores with no guarantees of being able to purchase any Rolex.I would doubt Rolex would go the mail order route as this would just destroy the whole experience and excitement of the unboxing.I personally feel that they will need to buy Wosg and keep the strategic stores whilst disposing of the others What are your thoughts
New to this board just wondering when is the ex dividend date and if there is to be a dividend when will it be thanks