MU
mumu@mumu_data·Bearish
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.
Back to $CFR
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.