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Watches.com entering watch e-commerce boom!
Watches.com is expecting to develop multiple revenue streams from its move into online watch sales, not only from the sale of the watches, but also from selling online shelf space to watchmakers and generating positive cashflows from the time between when a sale is made and when manufacturers are owed payment.
In a recent presentation filed to SGX, Watches.com pointed to potential income from a range of fees on the site, including payment processing, order fulfillment, featured listings and advertising. The company is also eyeing private-label sales.
Christian Kwok-Leun Yau Heilesen, executive director of Watches.com, said in the statement: Our group intends to harness algorithms and big data capabilities to scale up the online watch store, watches.com, transforming it into a buoyant online marketplace.
He said he expected revenue to flow from both the watch merchants and from watch buyers.
https://shentonwire.net/2022/05/24/sponsored-watches-com-entering-watch-ecommerce-boom/
Thank you very much for sharing your analysis. You are really an expert investor and you are so right about Incredible! Hope to learn more from you. Do share more of your analysis.
SmallSmall ( Date: 26-May-2022 12:53) Posted:
If you study the multiple deals closely, you will notice that in the midst of all the placements / rights issue/ consolidation, distribution in specie by both Watches.com and Incredible, the end result would be Incredible holding a big chunk of Watches.com (via ther Cb and free warrants) whiles the big placement by Incredible to Mission Well will cement Mission Well controlling interest in Incredible Holdings.
So I think the undervalued stock would be Incredible if Watches.com takes off. Not likely for Mission Well to dump Incredible as it is trying to control both companies via Incredible.
lplateinvestor ( Date: 26-May-2022 12:42) Posted:
Slowly but surely if price of Watches.com continues to go up.
I bought a bit of Incredible yesterday. Hope for good news from the boss to support price appreciation of both his companies |
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i read the circular saying that there will be rights issue, are they goin to proceed with the rights?
thanks
SmallSmall ( Date: 26-May-2022 16:00) Posted:
If based on Ntegrator previous average price of $0.01 (conservertive), the post consolidated price should be $0.03
It' s not that the shares are overvalued now it' s because it crashed before the consolidation.
May go higher later because shorts may still be betting on it going down later. Not today at least
SmallSmall ( Date: 26-May-2022 15:57) Posted:
Total share issue 552 mil. About 26% held by 2 SS.
Today trade 110 mil. A whopping 20% of the total issue    |
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No luck. Have to cover at 20. Tomorrow short again.
ThankYou ( Date: 26-May-2022 16:43) Posted:
Can go to 18 will be good already for me.
eric998 ( Date: 26-May-2022 16:36) Posted:
| the play started at 15/16/17.. also got chance to go to 16/17, tug of war... |
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tom...no problem..
ThankYou ( Date: 26-May-2022 16:43) Posted:
Can go to 18 will be good already for me.
eric998 ( Date: 26-May-2022 16:36) Posted:
| the play started at 15/16/17.. also got chance to go to 16/17, tug of war... |
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Can go to 18 will be good already for me.
eric998 ( Date: 26-May-2022 16:36) Posted:
| the play started at 15/16/17.. also got chance to go to 16/17, tug of war... |
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the play started at 15/16/17.. also got chance to go to 16/17, tug of war...
Okay, I choose to buy back at the last minute.
eric998 ( Date: 26-May-2022 16:31) Posted:
If got enough power and support may punch up to 24/25.. take a side.. 
ThankYou ( Date: 26-May-2022 15:43) Posted:
| More like trapping shortsellers. Buy at 21 lose 3 pips |
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lets see 24/25 can come... HUAT...
eric998 ( Date: 26-May-2022 15:44) Posted:
| cross road at 20... below that people want to buy, above that people want to sell and short.. interesting.. watching the chart carefully.. impulsive wave may come..  |
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If got enough power and support may punch up to 24/25.. take a side.. 
ThankYou ( Date: 26-May-2022 15:43) Posted:
More like trapping shortsellers. Buy at 21 lose 3 pips.
eric998 ( Date: 26-May-2022 15:40) Posted:
| tempting people to buy at 21..  or pressure shortists to cover? money in pocket first..  |
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many people buy and sell many rounds..
SmallSmall ( Date: 26-May-2022 15:57) Posted:
Total share issue 552 mil. About 26% held by 2 SS.
Today trade 110 mil. A whopping 20% of the total issue    |
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If based on Ntegrator previous average price of $0.01 (conservertive), the post consolidated price should be $0.03
It' s not that the shares are overvalued now it' s because it crashed before the consolidation.
May go higher later because shorts may still be betting on it going down later. Not today at least
SmallSmall ( Date: 26-May-2022 15:57) Posted:
Total share issue 552 mil. About 26% held by 2 SS.
Today trade 110 mil. A whopping 20% of the total issue    |
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Total share issue 552 mil. About 26% held by 2 SS.
Today trade 110 mil. A whopping 20% of the total issue   
Did you bro?? How now? Wait for SGX to buy back?
henrymilton ( Date: 26-May-2022 15:44) Posted:
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many short at 18
cross road at 20... below that people want to buy, above that people want to sell and short.. interesting.. watching the chart carefully.. impulsive wave may come.. 
More like trapping shortsellers. Buy at 21 lose 3 pips.
eric998 ( Date: 26-May-2022 15:40) Posted:
| tempting people to buy at 21..  or pressure shortists to cover? money in pocket first..  |
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tempting people to buy at 21..  or pressure shortists to cover? money in pocket first.. 
If it can go down still can wait for 2 days.
Moral of the story?
tankoksee ( Date: 26-May-2022 14:53) Posted:
last time, i bought a fake watch...looked good, beautiful n cheap..
happily went home, it stopped working...k n n... |
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