BeerBBQ Posted June 13, 2017 Share Posted June 13, 2017 From https://www.thestreet.com/story/14176443/1/fossil-is-in-a-black-hole-and-will-probably-stay-there-for-eternity-says-analyst.html?puc=twitter&cm_ven=TWITTER&utm_source=dlvr.it&utm_medium=twitter "On Monday, the company released a Form 4, which is a Securities and Exchange Commission filing required when there's a material change in the company insiders' holders. What prompted the filing was that Fossil CEO Kosta Kartsotis sold 520,000 shares of the company's stock on Thursday and Friday, which follows the divestiture of 1.074 million shares on May 30. Those sales leave the CEO with 4.426 million shares, wrote the analysts. "In Time's Up: 10K Concerns, we outlined our initial concern following the 10K release that the CEO pledged 3.8MM shares in February at roughly $19/share equating to $73MM," wrote Macquarie analysts Laurent Vasilescu and Dan Isaacson in the note. "With the shares now at about $11, we estimate the pledge is in the red by $30MM. (3.8M shares at $19/share minus 3.8M shares at 11). It is our understanding that the pledged shares are with a bank and the bank can choose to sell these shares." Macquarie analysts added with the stock trading at about $11 since the end of May, they had outlined in a previous note that Kartsotis would be forced to sell his shares to make up for the lower value of the collateral. The proceeds from the May 30 sale of $12.1 million likely would need to be used for an estimated $30 million shortfall, wrote the analysts." Link to comment Share on other sites More sharing options...
Green King Posted August 21, 2017 Share Posted August 21, 2017 Here is some insight from @victoriouscake Link to comment Share on other sites More sharing options...
Green King Posted November 9, 2017 Share Posted November 9, 2017 Here is some insight from @victoriouscake I might have had a short-sighted bias. $Fosl had a good quarter it looks like a good bet based on the price here. Will dig further. Link to comment Share on other sites More sharing options...
BeerBBQ Posted November 9, 2017 Share Posted November 9, 2017 Anyone know what the major differences are between the Apple Watch and ios compatible watches? Link to comment Share on other sites More sharing options...
MrB Posted November 10, 2017 Share Posted November 10, 2017 Anyone know what the major differences are between the Apple Watch and ios compatible watches? If I can sync my watch with an iphone then it is ios compatible. So most watches will be android and ios compatible Link to comment Share on other sites More sharing options...
BeerBBQ Posted November 10, 2017 Share Posted November 10, 2017 Mr B, What I meant was If I have an iPhone, why do I choose an Apple Watch over any other smartwatch that is compatible with my iPhone? Are there functions/capability that the Apple watch has that others do not? Link to comment Share on other sites More sharing options...
Yours Truly Posted November 10, 2017 Share Posted November 10, 2017 Mr B, What I meant was If I have an iPhone, why do I choose an Apple Watch over any other smartwatch that is compatible with my iPhone? Are there functions/capability that the Apple watch has that others do not? Yes for the fitness fanatics, Garmin's line of smartwatches are still the dominant brand. Link to comment Share on other sites More sharing options...
KCLarkin Posted November 10, 2017 Share Posted November 10, 2017 What I meant was If I have an iPhone, why do I choose an Apple Watch over any other smartwatch that is compatible with my iPhone? Are there functions/capability that the Apple watch has that others do not? You need to evaluate them holistically not based on functions/capability because fitting a smartphone into a watch entails endless tradeoffs. For example, as far as I know, Apple is the only one who has an attractive, small watch (e.g. women-friendly). Other watches can offer similar functionality but not in a small device. The System-on-a-Chip is the key differentiator. Link to comment Share on other sites More sharing options...
DooDiligence Posted November 10, 2017 Share Posted November 10, 2017 Mr B, What I meant was If I have an iPhone, why do I choose an Apple Watch over any other smartwatch that is compatible with my iPhone? Are there functions/capability that the Apple watch has that others do not? The addition of LTE is the one unique feature worth having (if it'd work.) Anyone know if Apple fixed the LTE on the watch? Link to comment Share on other sites More sharing options...
MrB Posted November 12, 2017 Share Posted November 12, 2017 Mr B, What I meant was If I have an iPhone, why do I choose an Apple Watch over any other smartwatch that is compatible with my iPhone? Are there functions/capability that the Apple watch has that others do not? You will choose it for the difference in functionality and brand name, which sells at a higher price point and there are trade offs e.g. Fossil hybrids have more limited functionality, don’t need a daily charge like Apple (battery replaced every six months), do not look like an Apple and sells at a lower price point. In some ways you are heading for the same scenario as tradional watches where the movements equate to smartwatch/hybrid tecnology with companies more or less the same, but mainly leading on design/brand name. Not everyone will agree with that view, but its mine and generally Fossil’s view too. Link to comment Share on other sites More sharing options...
pau_ Posted November 12, 2017 Share Posted November 12, 2017 Anyone know if Apple fixed the LTE on the watch? Apple released a software update that fixed the issue everyone was reporting on, namely that the watch would connect to "captive portal" wifi networks (e.g. starbucks where you have to click through) and have a wifi connection but no real connection to the internet. Now it only relies on wifi if it can get to the internet. So, if you have your phone on you, it uses that. If you are in range of wifi you've connected to before and that has internet access, it uses that. As a last resort, it connects to LTE. I have one and the LTE mostly works. I routinely wear it to the gym and on outdoor runs without my phone. It sometimes takes a minute or two to acquire a signal if you go somewhere without coverage. I'm guessing this is a tradeoff for battery life (check network less often = more battery), and probably depends on network/signal strength to begin with. The only place this is really an issue for me is the first floor of my old, concrete-and-stone gym, where I sometimes don't have a signal (I could fix this by connecting to wifi but haven't gotten around to it). For a tiny little internet-connected computer+health monitor/coach on my wrist, I'm very happy. Link to comment Share on other sites More sharing options...
MrB Posted November 23, 2017 Share Posted November 23, 2017 Insider purchases. Greg McKelvey +110k shares @ $6.22/share on 10 Nov Martin Frey 7.5k shares @7.40 on 23 Nov Approaching $2m of insider purchases over last month or so. Link to comment Share on other sites More sharing options...
MrB Posted January 19, 2018 Share Posted January 19, 2018 Hybrid watch strategy looks like it's coming together https://www.wareable.com/fossil/fossil-group-designer-hybrid-collections-spring-2018 Link to comment Share on other sites More sharing options...
DooDiligence Posted January 20, 2018 Share Posted January 20, 2018 Hybrid watch strategy looks like it's coming together https://www.wareable.com/fossil/fossil-group-designer-hybrid-collections-spring-2018 I'll probably regret not seeing the forest here. Link to comment Share on other sites More sharing options...
MrB Posted January 22, 2018 Share Posted January 22, 2018 Fossil Group jumps on speculation of private buyout https://seekingalpha.com/news/3324000-fossil-group-jumps-speculation-private-buyout Link to comment Share on other sites More sharing options...
MrB Posted February 14, 2018 Share Posted February 14, 2018 Extended Hours | 7:12:18 PM EST 16.50 + 7.46 (+82.52%) Volume 4,265,341 https://www.cnbc.com/quotes/?symbol=FOSL Link to comment Share on other sites More sharing options...
DooDiligence Posted February 14, 2018 Share Posted February 14, 2018 Extended Hours | 7:12:18 PM EST 16.50 + 7.46 (+82.52%) Volume 4,265,341 https://www.cnbc.com/quotes/?symbol=FOSL Congrats (you were long here?) Link to comment Share on other sites More sharing options...
Green King Posted February 14, 2018 Share Posted February 14, 2018 Extended Hours | 7:12:18 PM EST 16.50 + 7.46 (+82.52%) Volume 4,265,341 https://www.cnbc.com/quotes/?symbol=FOSL High five. ? Looks like the thesis is coming along its natural course. Link to comment Share on other sites More sharing options...
Phoenix01 Posted March 3, 2018 Share Posted March 3, 2018 FOSL seems to be executing extremely well against their strategy. They are first to market with fashion first connected watches. Apple and other manufactures are tech companies essentially trying to strap phones onto wrists, and their approach to women's watches is to Shrink it & Pink it. Only a subset of the functionality is actually useful for the mass market. FOSL is focusing their offerings around fashion with only the essential functionality. FOSL is also defining the hybrid watch market. They are basically the only player in this space. It is growing slowly but there is a long runway for this offering. Link to comment Share on other sites More sharing options...
Phoenix01 Posted October 5, 2018 Share Posted October 5, 2018 The new Fossil watches Gen4 are excellent. These watches are targeted for women and address their needs. The market for smartwatches has moved into Fossil's sweet spot. The next 2 quarters should confirm Fossil's leadership position in this market. Link to comment Share on other sites More sharing options...
MrB Posted October 5, 2018 Share Posted October 5, 2018 The new Fossil watches Gen4 are excellent. These watches are targeted for women and address their needs. The market for smartwatches has moved into Fossil's sweet spot. The next 2 quarters should confirm Fossil's leadership position in this market. Actually just ordered one a few days ago to test. Think NFC a great addition. Decent presentation that went up on their website recently. https://www.fossilgroup.com/wp-content/uploads/2018/10/FOSL-Sept-27-2018-Investor-Pres-Final1.pdf Link to comment Share on other sites More sharing options...
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