Member Info for Grayling

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

The only "blob" on here is you mate! 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

"Dividend will be cut or suspended, Phnx results will be dreadful" . Well your August prediction did not come to pass, so on balance I will continue to hold, as I have done for the last 11 years. LOL

No doubt NVG will pop up and tell us all this is grossly overvalued and that he will get in when it drops back into the 800’s. LOL

"next stop 420/380 after results when dividend is cut or suspended." A prize slice of tripe from our learned friend and one, which has clearly not come to pass. LOL

Chill out FFS. Results and divi date have been delayed due to adoption of the new IFRS17 reporting requirements. The same has been the case for AV., LGEN, MNG etc. Tek a drink and relax.

Not another idiot conspiracy theorist! LOL

Nope it is an SNP stronghold and also had the highest % vote for independence of any Scottish city and the highest % vote for remaining in the EU. 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

S**T3834 What on earth has any of this got to do with UKOG?

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.

I take it you think that Aled Jones was a “wuzz” (as you put it) for handing over his £17K Rolex when confronted by a machete wielding thug in Chiswick then?

Bravo bravo……good luck with that. An ex colleague of mine in Lpool has a whole slew of Rolex watches in a bank vault (A Daytona, Submariners, 18K Datejust etc.). I asked him recently why he was wearing a Doxa and he said you must be joking, they would slit your throat for a Rolex in Toxteth LOL

Breitling have done precisely that and pulled all of their sales into their own chain of Breitling boutiques as I recently found out when trying to get a vintage Navitimer serviced. Seems to work well for then in the same shopping mall as WOS and a similar Omega boutique in Edinburgh.

Teddy100 In truth you are probably safer wearing a Rolex in the slums of Mumbai or New Delhi. Try wearing one in central London, Liverpool or Manchester and your ownership may be more fleeting . As for Patek, again you are buying the name. Go for a real piece of quality by A. Lange & Sohne if you really want to stand out from the crowd. LOL

The Rolex bubble may well just burst. Throttling back supply of a commodity that is frankly affordable at RRP has created a bloated grey/used market which has resulted in thousands of unworn watches in safes and bank vaults worldwide in the hope of huge gains. This in turn has made the Rolex wearer the number one target for petty and often violent criminals as reports of watch muggings soar. What is the point of going on a waiting list for a watch that you then dare not wear in public? Madness