Compagnie Fin Richemont (JSE: CFR)

3379.40 now. Bit of red today.

r3379.40 down 2% shem, luxury taking strain today

Good Morning Everyone. R3404.22, down 2.15% today.

3404.22 now, down again. weak hands?

3476.65, decent pop today

3476.65, sharp sharp. Green day for the luxury boys.

Hello R3428.57, nice to see you up there!

R3428.57, up nearly 3%. Nice.

R3428.57 now, nice bounce back

CFR at R3703 trades at a meaningful premium to peers like Woolies on forward earnings, but the luxury exposure justifies it if you believe Chinese demand stabilizes. The dividend yield is thin though, so you're banking on capital appreciation rather than income.

CFR at R3835 is pricing in a lot of luxury recovery, but with China still weak and the weaker rand not helping margins enough, are we really justified paying 24x P/E for single-digit revenue growth.

CFR sitting at R3895 is pricing in some recovery hopes, but luxury demand remains patchy across key markets. The dividend yield is still respectable if they can maintain distributions, though I'd want to see actual footfall data before getting too optimistic on the turnaround.

CFR up 3.31% today and trading at a P/E that's looking reasonable for luxury goods right now, especially compared to LVMH's valuation multiples. The luxury sector's been under pressure but Richemont's bounce suggests some confidence returning to high-end retail, though I'd want t

CFR's been stuck in the mud for a while hey, luxury goods cycle is rough. At R3603.70 you're paying for the brand names but the China slowdown and forex headwinds are real, not just noise. Watch the earnings next quarter, if the watches and jewellery units don't show some spine it's gonna be a long slog. Still got the portfolio strength long term but eish, timing this one is bliksem.

been looking at cfr's china exposure again, particularly the watches and jewellery side. luxury demand there is still soft compared to 2021/2022 but the group's diversification into personal goods and online actually put them in a better spot than some peers when footfall dropped. holding at r3603.70 feels reasonable given the balance sheet, just annoying how much of the upside gets priced in euros anyway so rand moves kill you.

CFR down what, 40% from peak. China slowdown killing luxury right now, Richemont's got exposure there. At R3603.70 you're pricing in pain but where's the upside if consumer stays weak. LVMH same story.

CFR getting hit hard on China slowdown and weak luxury demand but the long-term view hasn't changed. Their watches and jewelry still have pricing power even if volumes are soft right now. Inflation is actually helping them more than hurting since their brands can pass costs through. I'll keep holding as long as it takes, valuations at these levels are decent for a global luxury player with that brand portfolio.

CFR grinding higher at R3415.20, up less than 1% but the luxury goods space is getting some tailwinds. Trading at a decent discount to LVMH on forward earnings, so there's value here versus the broader luxury pack if they can shift inventory without killing margins.

R3800 by end of Q1. Mark it.

CFR sitting at R3420.00 and still getting hammered by rand weakness, eish. Luxury goods exposed to FX headwinds but the brands portfolio is lekker solid, watches and jewellery holding up better than fashion right now. Long term play if you can stomach the volatility, serious now.