Frontier Smart Technologies – “pleased to announce… Board Transition, Refinancing and Strategy”… but still trading turnaround needed
Gulf Marine Services – from late May “improving pipeline of opportunities” to now “disappointed to reset guidance for 2019”!
Tom Winnifrith Bonus Bearcast for Roger Lawson: your post Burford proposals are largely unwise & would be, largely, counter productive
Brady – from end-May “new sales pipeline is building” to now “revenue from new customers forecasted will not materialise during fiscal 2019”!
A month or so ago I wrote about Watches of Switzerland (WOSG), observing that 'if I owned shares in this one, I would be calling time on them'. Admittedly, that was a terrible witticism but you get the general investment view. If you plan on offering a premium product then you have to accept the fluctuations of the cycle…
I am trying to remember if the watch I wear cost me below or above £100 when I bought it a few years ago. At worst it was just into the triple digit zone but the basic point is that I do not wear an expensive watch. As I have observed before, fortunately for the world's retailers there are plenty of people out there with a greater propensity to consume...and on watches specifically this brings us to recent IPO Watches of Switzerland (WOSG)…
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