Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I see one of Carnival's garbage scows s***t itself during a power cut while docked, necessitating a huge clear-up. No doubt that disgusting oily mess would normally be discharged at sea where there are no witnesses. Charming.
I have held since these were £30 a pop and reinvested all of the dividends. Is that long term enough for you? Chill out, AZN is one of the best shares in this sector and PS has now committed to staying put for the next 5 years, this will recover more quickly than most
At long last we have a positive outcome from Brexit...................The Tories are toast! The funniest part of it all is that they only have themselves to blame, nobody else (or the war in Ukraine, Covid19 etc. ad nauseum) LOL
No doubt he drives a Ford Mondeo and has delusions of grandeur. Take his predictions with a pinch of salt as he is invariably wrong as in the set of results just out would be awful and the dividend would be either cut or suspended. None of this happened, so you get the general drift. He should hook up with NoVeckingood who has been telling us for a year now that AZN is grossly overvalued and would only be a buy if it drops into the 800's. It's about £11 now. LOL
And yet "France now has more millionaires than any other country outside America and China, according to the UBS Global Wealth Report." and "While the average ‘return’ over the last year across all the Association of Investment Companies (AIC) member trusts is a measly minus 5%, according to independent statisticians Morningstar, the AIC’s ‘Europe’ sector has done much better with an average positive return of nearly 17%. So much for “Little Englander” cliches about Gallic long lunches, La Vie en Rose, and a sluggish economy." all this from arch leftie Ian Cowie of the Sunday Times and iii. He also says "Au contraire, there is some evidence that the French are cashing our fabled “Brexit dividends” for us, as equities trading relocates from London to Paris. Since Britain’s decision to quit the EU, more than 5,500 highly paid financial sector jobs have been created in Paris, with JPMorgan, Bank of America, Citi and Goldman Sachs all adding to their payrolls in the French capital. LOL
One of the main drivers for the Rolex-Bucherer tie up was firstly to ensure that Buchererv remained Swiss and secondly that it remained in private hands. No way would the Bucherer family have entertained a bid (However large) from a listed company such as WOSG. This was essentially a cozy and very private merger. My guess is precisely nothing will happen very fast post merger as the Rolex philosophy is very much “evolution” and not “revolution”. Having said that would I buy into WOSG with this cloud over it’s prospects as an out and out growth stock that does not pay a dividend…. Probably not.
You are a bit behind the times. Breitling have already withdrawn stock from former AD’s and opened a chain of Breitling Boutiques. There is one in the new St James centre in Edinburgh. It is a few doors down from a similar Omega boutique selling only that brand. The latter seem to be run by a mixture of Swatch group, Beaverbrooks (Trafford Centre Manchester) and some by WOSG themselves.
It is a wonderful deal for Rolex. It is clear that they can vastly increase margin on sales by owning the retail outlets. My guess is that we will see the expansion of the Bucherer AG retail brand worldwide with the opening of more jewellery /watch boutiques in prestige locations. This strategy goes hand in hand with the ramping up of watch production by Rolex as they recently announced the opening of three temporary production sites in Switzerland. Construction on the facilities in the canton of Fribourg will begin later this year, with timepieces rolling out as soon as 2025. Rolex is also planning to launch a new $1.1 billion factory nearby in Bulle that is expected to commence production in 2029.
Why else buy the company unless you can use it to your advantage to become even more profitable?
We will never know how much Rolex paid for Bucherer AG as Rolex is a private company run by the Hans Wilsdorf Foundation and Bucherer, until purchased by Rolex, was also private and family owned. So no shareholders and thus no matters of public record on either side of the deal.