It has been a busy last week for markets and UK listed reported names. Next week - certainly on the latter component is not going to be any different, so time to play a bit of catch up.
I cannot claim any great insight on luxury watches as my trusty Seiko is certainly of a more utilitarian focus. So when Watches of Switzerland (WOSG) talks about firm online demand as demand switches from physical stores, I kind of shrug my shoulders. There will always be the rich I guess. Perhaps they believe that buying such trinkets is some kind of protective investment strategy? Give me unblemished gold any day rather than a gold watch... Anyhow, my short call of nine months ago eventually has come right and onto the main event...
I don’t think I’ve covered 3i Group (iii) before. For one thing, it’s an unattractive brand name, not meaning anything obvious. Secondly, it invests in companies, which we, as canny share shifters, are capable of doing on our own. Then our money is not eaten away by administration costs. But this company is now bowling along and you may want to consider climbing aboard.
