Member Info for jlovie

They don't have enough oil to fry an egg.

Nobody else interested in buying the portfolio - does this confirm it was overvalued?

Still dropping. Nothing seems to help this share.

I've been in for 10 years. I'm beginning to wonder if I'll live long enough to see it come good.

AVI has come out against continuation. That story also has a good summary of the situation.

https://www.lse.co.uk/news/SONG/update-hipgnosis-songs-fund-investor-backs-rejecting-continuation-jvtv0mvn7sfulv9.html

I wonder if Alchemy will put in a bid.

Bucherer's only UK stores are all in London, unless they have plans to open more.

I can't see Rolex restricting sales to London.

It's why I'm watching what happens with Jamieson and Carry in Aberdeen. They're the Rolex dealer for the whole north of Scotland. A 280 year old family owned business which has been a Rolex dealer for about 80 years.

"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"

In this scenario, would Rolex be buying out other Rolex dealers besides WOSG too?

Anyone with L2 to work out what's going on? Small UT at 11.00 followed by some larger trades, looks like one sell then two late-reported buys. Is this MMs struggling to fill orders?

The original impression showed a Rolex store with its own front door. It looks like they've scrapped that idea.

It may be an indication of where WOSG is heading with Rolex.

https://www.pressandjournal.co.uk/fp/news/aberdeen-aberdeenshire/6101953/jamieson-and-carry-aberdeen/

It may or may not be relevant to WOSG, but something is causing the price to tank to 2 year lows.

I wonder if this is an indication of what is happening with Rolex.

Jamieson & Carry in Aberdeen initially said they were going to expand by opening a dedicated Rolex-specific store.

Now they're opening a Tag Heuer store next door but the mock-up of the new storefront doesn't show the Rolex branding, and the story states Rolex will be combined with other brands in the shop.

https://www.pressandjournal.co.uk/fp/news/aberdeen-aberdeenshire/6205665/tag-heuer-aberdeen-union-street/

That's a change of plan and a scaling back of Rolex promotion.

Bit annoying that Google Finance feed is messed up this morning.

I was watching at open and the graph is working but the displayed price is stuck at 953.60p.

I think that holding RNS is just a result of combination of two funds.

https://www.investec.com/en_gb/wealth/about-us/rathbones-combination.html

It'll be interesting to see if they get any competing offers under the Go-Shop provision.

That would be good confirmation of valuations.

I'm struggling to understand what's happening.

I could understand selling off rights that don't fit their philosophy, but not selling to another part of the organisation with a similar philosophy.

Wonder if RAAC inspections & acrow prop hire will boost Speedy's numbers.

I'm guessing a lot of limits & stops will have been triggered late Friday / first thing this morning.

Might take a while for price to settle, and for news to be digested this morning.

Does look quite tempting to jump in though, might depend on what happens on US open.

"Where do people get this kinda money lol"

From selling £50m at £11.50 in 2021, just after a placing.

https://www.thecaterer.com/news/tim-martin-sells-50-million-wetherspoon-shares

Interestingly, Jamieson and Carry in Aberdeen is expanding their shop to create a Rolex store.

https://www.pressandjournal.co.uk/fp/news/aberdeen-aberdeenshire/6101953/jamieson-and-carry-aberdeen/