Four months ago I observed that “as the shareholders of Watches of Switzerland (WOSG) will cite, opportunities have remained pretty good for ‘curated selections of luxury Swiss watches contain some of the world’s finest timepieces from maisons including OMEGA, Cartier, TAG Heuer, Breitling and Patek Philippe’”. However, I was still grumpy about the shares and carried on Avoiding them. The stock was about 900p when I wrote that and - after today’s first half results - it remains at about the same price. But it does remain pretty volatile, with a last quarter share price range of c. 700p-1000p.
I am not as much of a cheapskate as Bill Gates regarding my choice of a watch, but then again I am not as smart as the Microsoft founder is. And not so many people wear a watch today as they used to as apparently mobile phones can run lives almost completely. However, as the shareholders of Watches of Switzerland (WOSG) will cite, opportunities have remained pretty good for “curated selections of luxury Swiss watches contain some of the world’s finest timepieces from maisons including OMEGA, Cartier, TAG Heuer, Breitling and Patek Philippe”.
I think you have probably read enough of my ramblings on this fine website to know that I am far from a classic luxury goods purchaser. So my observation back in December last year that Watches of Switzerland (WOSG) is a geared play on a premium product is true to form...








