MC.PA Fair Price
My Notes
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💼 Formula 1 & LVMH: A new era of luxury and motorsport for $1 billion! 🚀
Formula 1 $FWONK has completed a historic agreement with LVMH $MC.PA, one of the world's largest luxury goods conglomerates, that will bring the sport a $1 billion investment over the next 10 years. This partnership not only promises huge changes in the motorsport landscape, but also brings new business...
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Good cooperation. I read something about it and like others I hope the investment pays off😃
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I have shares of $MC.PA in my portfolio and I'm at a loss there, so I'm hoping this collaboration will help the stock a bit.
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The slump is very good for shopping. I have already established a base position and will be overbought.
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It's a classic and luxury will always be bought, but... CHINA... we have become too dependent on it and the comrades are haunted... Enough with the western decadence... You will drink the Rice brandy... Cognac is anti-human.
LVMH Shares Fall
- Share drop:
- Shares of LVMH $MC.PA fell more than 4% at the market open on Wednesday.
- Reason for the drop:
- The company reported second-quarter revenue growth that fell short of expectations.
- Revenue rose 1% to 20.98 billion euros ($22.76 billion), while analysts had forecast 21.6 billion euros.
- Impact on other luxury companies:
- Other luxury stocks...
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I bought a few pieces yesterday too, we're getting some really interesting prices.
📈📊 Weekly event summary for the upcoming week!
This week is already going to be very interesting and the results of these companies can move the whole market.
Monday: Before the markets open , we will hear results from telecom company Verizon $VZ and luxury brand maker LVMH $MC.PA 🍾 Will the growth of the luxury segment continue?
Tuesday: EXISTING HOME SALES: 🏡 What's the mood of...
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I look forward to seeing all the results! I'm very curious to see what direction the indices take. Because good numbers don't automatically mean growth.
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I've been shopping this week, it doesn't look expensive to me. At some values it currently looks 10-20% cheaper than the 5 year average.
Quite interesting and quality company, but I will wait to buy.