Member Info for squadraazzura

The deal is amazing ! For just a mere $130 million for a company that makes $30 million profit is unreal !

Just have a glimpse at its products !

hTTps://www.frostoflondon.co.uk/collections/roberto-coin

Roberto Coin, which holds exclusive rights to import and distribute Roberto Coin jewellery across the US, Canada, Caribbean, and Central America, achieved annual revenue of $146.2 million and a profit before tax of $30.1 million for the financial year ending December 31, 2022.

Goldman Sachs raises Watches of Switzerland price target to 566 (550) pence - 'buy" rating.

UK is now out of recession:

https://www.bbc.co.uk/news/business-68983741

Roberto Coin designs and manufactures delicately handcrafted jewellery with a unique ruby signature and is the sixth-largest jewellery brand in the US by sales at retail value. It has exclusive perpetual rights to import and distribute Roberto Coin jewellery throughout the US, Canada, Caribbean and Central America.

IMO what we see today is the procursor for consolidation in this sector.

I won't be surprised to see a takeover bid within a few months.

The deal is amazing for paying ! $130 million for a company that makes $30 million profit !

Just have a glimpse at its products !

hTTps://www.frostoflondon.co.uk/collections/roberto-coin

A good opportunity to accumulate more shares for a strong recovery and a possible takeover.

16th of May Q4 - FY24 Trading Update. We shall see what progress this will bring.

At £8 a share WOSG market cap will be only be £1.9B, targeting £3B sales in 2028.

DARK was taken over at £4.5B

Today Darktrace is taken over by Thoma Bravo, after AAL approached by BHP.

I am convinced many UK listed companies will be taken over and WOSG is a top candidate.

Not specific to WOSG. Most stocks are all down today apart from a few pharmas and (AAL approched by BHP.

BHP making an offer for AAL. Is this sector going for consolidation too ... ? I think it will and very soon while shares at at their lowest = Positioning before the economies fully recover .

Https://seekingalpha.com/article/4684921-watches-of-switzerland-group-trading-at-attractive-valuation

Https://seekingalpha.com/article/4684921-watches-of-switzerland-group-trading-at-attractive-valuation

Agree that holding luxury watches is equal or even better than holding physical gold.

Easier to sell and price depreciation as is in gold is minimal.

For the long term, this could be an excellent hold as owning valuable luxury watches can complement holding physical gold in times of uncertainty. I am a buyer at these low and cheap levels (PE ratio has now reched 6.5).

HTTps://www.grocerygazette.co.uk/2024/04/17/ocado-fastest-growing-online/

Excellent results from TESCO flagging up price presssures easing. Good for the sector.

hTTps://www.bbc.co.uk/news/business-68776913

Excellent results from TESCO today, flagging up price presssures easing. Good and positive for the sector.

hTTps://www.bbc.co.uk/news/business-68776913

Many shorters will end up losing a lot as they did in 2017. A takeover bid will be the killer.

Ocado is now too oversold for what it is delivering and what it can deliver. Sales are steadily growing and its fulfilment centres are also helping a lot. A few years ago, in 2017, it was the most shorted stock in the FTSE. When the situation quickly changed and reversed, the shorts had to close in a panic mode with huge losses. Some funds lost millions. IMO history always repeats itself and it can happen anytime. So I am fully invested on here and for the long run, not for the quick trade as Ocado potential is huge. Just its robotic arm can be adopted for almost every manufactting application.

US expansion will be the key to propel it to new highs:

https://www.dailymail.co.uk/news/article-13243935/Ocado-New-York-robot-delivery-Grocer-deals-Gap-Britains.html