CFR's been stuck in the mud for a while hey, luxury goods cycle is rough. At R3603.70 you're paying for the…by @franco_cape on $CFR

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.