Welcome!
The Hour Glass
Timepieces
Max Büsser, founder and creative director of MB&F, speaks about the Lab and how it came about
Max Büsser, founder and creative director of MB&F, speaks about the Lab and how it came about
October 12, 2022
Property
The Hour Glass to acquire freehold property in Brisbane for $81.4 mil
The property is located within the main luxury retail precinct in the heart of Brisbane’s central business district.
June 01, 2022
Broker's Calls
DBS downgrades The Hour Glass to ‘hold’ with lowered TP of $2.54 amid macroeconomic uncertainties ahead
The Hour Glass reported earnings of $157 million for FY2022 ended March 31, up 86% y-o-y
May 30, 2022
Results
The Hour Glass’ earnings up 86% for FY2022, crosses $1 billion revenue mark
Earnings per share for FY2022 at 22.34 cents is 91% higher than the previous year's at 11.71 cents.
May 26, 2022
Insider moves
Pan United, Hour Glass step up share buybacks with earnings growth
Both companies reported better earnings
March 17, 2022
Broker's Calls
KGI initiates 'outperform' on The Hour Glass with TP of $2.32
KGI Research has started coverage on luxury watch retailer The Hour Glass with an “outperform” recommendation and a TP of $2.32.
February 18, 2022
Insider moves
Creative's new director George Yeo buys shares; Singapore Shipping and Hour Glass in buybacks
Creative Technology is guiding that it will incur an operating loss for it 2HFY2022 ending June 2022
February 17, 2022
Results
The Hour Glass earnings up 110% for 1HFY2022, to pay interim dividend of two cents
Consumer sentiment within the watch industry remains positive
November 12, 2021