K.
K. Maphosa@k_maphosa·Bearish
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 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.