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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.
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.
cfr's been getting hammered on the rand weakness but the brands are still moving units in europe. question is, at r3420 are you buying the holding company discount or catching a falling knife. luxury exposure without the volatility of lvmh pricing, but watch the next sens on cash burn.
CFR dropped 1.82% today eish, but luxury stuff always comes back when people have money to spend again so not worried about this dip.
CFR's luxury positioning keeps it insulated from local demand weakness, but the weak rand headwind cuts both ways on earnings translation. At these levels the valuation looks stretched for a discretionary play when infrastructure stocks are finally getting traction from governmen
Richemont's luxury goods business is tied to global wealth and spending, which means when things are good internationally our rand strength can hurt us, but long-term the company has that strong brand portfolio that keeps people buying. Eish, the stock's down a bit today but thes
Richemont's uptick today aligns with broader luxury sentiment, but the elevated valuation multiple remains stretched relative to normalized earnings power given the cyclical pressure on discretionary spending in key markets. With EM weakness persisting and the USD strength contin
CFR up 4.56% today is interesting given the luxury headwinds we're seeing globally, though a single day move doesn't tell us much about the underlying business recovery. From a Regulation 28 perspective, luxury exposure needs to be modest anyway, but if this is momentum building
Compagnie Fin Richemont on my watchlist. CFR results season will be the real test.
Richemont's 2.46% uptick today reflects broader positive momentum in luxury goods as global demand stabilises, though the rand strength we have seen recently remains a structural headwind for a company deriving roughly 80% of revenues offshore in hard currencies. From a longer-te
CFR jumped 2.23% today to R315857, is that because luxury is coming back or just a random swing? I'm trying to understand why people pick individual luxury stocks instead of just holding a consumer goods ETF that spreads the risk.
CFR creeping higher at plus 0.68% today, but at these valuations the luxury goods tailwind needs to sustain earnings growth rather than just multiple expansion to justify holding much longer.
CFR down 2.85% today to R319,028 as luxury demand softens globally, but the real story is how this compares to Aspen Pharmacare's resilience through commodity cycles. Richemont's exposure to discretionary spending makes it vulnerable during economic stress, whereas Aspen's defens