Sven. Your last 10 videos have been awesome. More detail and convictions from yourself shown. Whether you are bullish or bearish. Much better than the vagueness you used to show. You should promote your patreon/discord more in your videos. Don't sell your analysis too short.
Another excellent video Sven!! Thank you so much for all the time and effort you put in to sharing your wisdom and experience with all of us here on YT!!! I love that you have amped up the frequency, and we don't have to wait for several days to hear from you. The first thing I do everyday to start my morning, right after I make coffee, is check to see if you've posted anything new. Thanks again, for giving us some VALUE to look forward to each day!!!!!
i think this is the first video i see you talk about debt. being a cautious investor, i like companies with 0 debt (i.e. fcf > debt; ackman goes as low as fcf x 3 = debt) but i have never seen this thesis from anyone. people like the industry, the company, what they do, potential, and so on, and ignore debt. a company with this much debt needs to be evaluated on its EV instead. however, i will say, this company's EPV (which is the true value of a company before considering any growth) is quite a bit higher than current price.
Thanks Sven - your output this few weeks has been crazy. Really appreciate it. You know how we know you chose your purpose in life? Because you look so happy doing it 🙂 Stocks is your happy place 🙂
I am working for a luxury brand of seats. This recession in the luxury goods is much much worse than 2008. Luxury had the wind in the sail when everyone was at home getting money but now we have less a lot less sales... Because of the rebound effect
Clothing is replaced more frequently than seats. If it’s all about purchases pulled forward in time out if 2023,2024 and into 2021 etc, then Kering likely rebounds before your sales do.
I find Kering a really compelling opportunity in my opinion. We have a company that owns some iconic brands, including Gucci, Balenciaga, Saint Laurent e Bottega Veneta with some optionality for the smaller brands. It has an history of positive acquisitions and as well as dividend payments. The biggest unknown to be is how they are planning to develop the Gucci brand, as they are targeting a more aspirational aura that cause an increased costs to procure quality material for their products. I am also quite worried about the trends that the various brands had both in EU and US, showing that a slowdown was not only Chinese but was cross-geographies. Having said that, I am quite comfortable entering at a PE below 15x into companies with branding power, with the plan to hold over the medium to long run ( 5-10 y). I enter at already depressed earings with already depressed multiples. There is also the acquisition bonus: If I were LVMH, I would consider among my takeover targets both Burberry and Kering. Both have brands that I could reinforce with my current structure and both are trading at a fair to low price. Full disclosure: I have recently bought both Kering and Burberry, which a much more weight on Kering.
Great vid as usual, what's your opinion on the British treasury just raised capital gains tax from 10 to £18% for low earners and from 20 to 25% for high earners , this is a clear disincentive for a stock market investor, would you keep buying companies if you were in UK? What is the capital gains tax level in your country Sven?
good question, first I would not live in the UK :-))) but on taxes, we pay them and that is it, the compounding effect of good value investing is still great!
Would be interesting to compare with Hermès, LVMH and Brunello Cucinelli! Could you do one please? Becaus I think LVMH is overpriced but not Hermès. What do you think?
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Aldona Šabanienė, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
Actually there is something else to be considered. In general the middle class tend to save money and buy this type of products in order to show of to their peers. If we look at the trends of Middle class going to grow allove *South America etc then i think it is a quite good buy. In the same time I agree if a recession comes one might get this at an even better price :) Hence i always start small and add if it falls more.
There will be no 10% FCF this year for sure. There was in the past you are right. BRBY has the same debt problem Sven mentioned for Kering. But I do think that it is undervalued. Might also be bought up by another company. There were rumors that Tapestry might buy BRBY after their Capri acquisition was halted by the FTC.
Thanks Sven, as you say fashion always has the risk of falling out of fashion! One stock that would be interesting for your perspective is $KSPI, a Kazakh company with near monopoly status in payments, e-commerce. Recently there was a short report about connections to sanctioned entities (in my view the report is of dubious quality, but something to look at nonetheless). Risks include Kazakh economy generally (based on oil, currency exchange fluctuations). They also announce expansion into Turkey and Uzbekistan. Maybe interesting for you, but understand if not your cup of tea. Thanks!
What's the most reliable dividend fashion stock? They are like any other stock. Buy at the lows and then just wait while you get the dividend. Estee Lauder just halved their dividend by the way.
Thank you for the update. I advise Crypto traders, especially newbies, to research the market before entering. I must say that there are more benefits to crypto trading than just holding. Many thanks to Aaron Addison, who always keeps me up to date. I'm so glad I started his program.
You are right and thank you Aaron. started investing in a year and it has not happened for a second (except it did not start investing years ago). I have made a lot of money on BTC and XRP without any worries.
He's a mentor! Nothing new here because I have been on his coaching scheme for over 8 months now and the outcome has been wonderful Great to see you guys talking about him, he changed the game for me.
Things people need are commodity. It's much harder to build sustainable competitive advantage around stuff people need. While wants? People are willing to pay extra instead of choosing the cheapest option.
Burberry is an iconic brand and they offer timeless, perennial pieces. However, they are very very pricey and the company is not very well managed imho. On the flip side, if Kering or Bernard Arnold are looking to buy Burberry, now is the time and one can m sake a return on the acquisition. Kering is more diversified and a safer bet. We as investors have to look at the annual reports and explore the ROCE/ROIC every year and if this doesn’t have many fluctuations we can step in and buy.
I think what you need is a financial advisor assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Yeah, Evelyn Turner was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Evelyn Turner. She is my number one source when it comes to crypto and TA.
I am not surprised to find nothing but positivity about Evelyn Turner's signalls because she has it all and you don't loose money following her trades.
So you guys know her too?... he made me and I have our own house and car. She is good. Her success story is everywhere, her method surprised me honestly
Sven. Your last 10 videos have been awesome. More detail and convictions from yourself shown. Whether you are bullish or bearish. Much better than the vagueness you used to show. You should promote your patreon/discord more in your videos. Don't sell your analysis too short.
I prefer the vagueness.
I prefer the Value Investor
I approve of this new direct case-by-case approach. Shows your thought process far better.
Another excellent video Sven!!
Thank you so much for all the time and effort you put in to sharing your wisdom and experience with all of us here on YT!!! I love that you have amped up the frequency, and we don't have to wait for several days to hear from you. The first thing I do everyday to start my morning, right after I make coffee, is check to see if you've posted anything new. Thanks again, for giving us some VALUE to look forward to each day!!!!!
i think this is the first video i see you talk about debt. being a cautious investor, i like companies with 0 debt (i.e. fcf > debt; ackman goes as low as fcf x 3 = debt) but i have never seen this thesis from anyone. people like the industry, the company, what they do, potential, and so on, and ignore debt.
a company with this much debt needs to be evaluated on its EV instead.
however, i will say, this company's EPV (which is the true value of a company before considering any growth) is quite a bit higher than current price.
thanks for sharing!
He talks about debt all the time..
I love those videos. Thank you very much.
Kering debt is about real estate (store in the 5ft avenue in New York they recently bought for example) and for acquisitions of new businesses.
Thanks Sven - your output this few weeks has been crazy. Really appreciate it. You know how we know you chose your purpose in life? Because you look so happy doing it 🙂 Stocks is your happy place 🙂
Great video. Shows the true meaning of VALUE investing.
I recently bought Kering and LVMH. Would you please cover LVMH too?
Thanks Sven. Would also like to hear your thoughts on Campari
Can you analyse Capri Holdings? The stock went down 50% in a month. They own Michael Kors, Versace and Jimmy Choo
ah, enough fashion for me :-(
I am working for a luxury brand of seats. This recession in the luxury goods is much much worse than 2008. Luxury had the wind in the sail when everyone was at home getting money but now we have less a lot less sales... Because of the rebound effect
Clothing is replaced more frequently than seats. If it’s all about purchases pulled forward in time out if 2023,2024 and into 2021 etc, then Kering likely rebounds before your sales do.
Thoughts on McGrath Rent Corp ?
Recently you released Austrian market stocks.. now I see DAO OF CAPITAL BOOK behind you. Coincidence?
Literally bought yesterday and then Sven makes a video today. :)
Me too :)
🗽 I am watching Kering since Sept. 24 and waiting for a bottom. But for long-term I'm prefering LVMH. 🤔
.
Any update on Rubis? It's down 10% today for a not good new guidance
Buy more
what do you think for The Estée Lauder Companies Inc? got Hamerd but I'm not sure if still good investment
ua-cam.com/video/v0q9xaUre_w/v-deo.html
I find Kering a really compelling opportunity in my opinion. We have a company that owns some iconic brands, including Gucci, Balenciaga, Saint Laurent e Bottega Veneta with some optionality for the smaller brands.
It has an history of positive acquisitions and as well as dividend payments. The biggest unknown to be is how they are planning to develop the Gucci brand, as they are targeting a more aspirational aura that cause an increased costs to procure quality material for their products.
I am also quite worried about the trends that the various brands had both in EU and US, showing that a slowdown was not only Chinese but was cross-geographies.
Having said that, I am quite comfortable entering at a PE below 15x into companies with branding power, with the plan to hold over the medium to long run ( 5-10 y). I enter at already depressed earings with already depressed multiples.
There is also the acquisition bonus: If I were LVMH, I would consider among my takeover targets both Burberry and Kering. Both have brands that I could reinforce with my current structure and both are trading at a fair to low price.
Full disclosure: I have recently bought both Kering and Burberry, which a much more weight on Kering.
Would love your thoughts on Estee Lauder after this drop
just did a vid, with the old price, but still the same for me
ua-cam.com/video/v0q9xaUre_w/v-deo.html
Huntington Ingalls is looking attractive today after the big drop.
Thanks Sven for sharing. Could you take a look at Volkswagen and give us your thoughts?
discussed here: ua-cam.com/video/GgYCL7URk5I/v-deo.html
Great vid as usual, what's your opinion on the British treasury just raised capital gains tax from 10 to £18% for low earners and from 20 to 25% for high earners , this is a clear disincentive for a stock market investor, would you keep buying companies if you were in UK? What is the capital gains tax level in your country Sven?
good question, first I would not live in the UK :-))) but on taxes, we pay them and that is it, the compounding effect of good value investing is still great!
Would be interesting to compare with Hermès, LVMH and Brunello Cucinelli! Could you do one please? Becaus I think LVMH is overpriced but not Hermès. What do you think?
You should do better DCFs if you think that about Hermes
ua-cam.com/video/v0q9xaUre_w/v-deo.html
What a start Sven :P
:-)
Can you analyse Telkom Indonesia and other Indonesian stock listed in european-USA market?
Nice jumper
:-)
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Aldona Šabanienė, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
I have seen a lot of Positive posts about Aldona Šabanienė. Please how do I reach her?
She mostly interacts on Telegrams, using the user-name.
@AldonaSabaniene.
The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
Nice info, i appreciate your concern this will help a lot especially to the young investors who have no or lesser knowledge on how the market works.
Actually there is something else to be considered. In general the middle class tend to save money and buy this type of products in order to show of to their peers. If we look at the trends of Middle class going to grow allove *South America etc then i think it is a quite good buy. In the same time I agree if a recession comes one might get this at an even better price :) Hence i always start small and add if it falls more.
Doesn‘t Burberry have a margin of safety due to their 10% Fcf Yield?
There will be no 10% FCF this year for sure. There was in the past you are right. BRBY has the same debt problem Sven mentioned for Kering. But I do think that it is undervalued. Might also be bought up by another company. There were rumors that Tapestry might buy BRBY after their Capri acquisition was halted by the FTC.
Thanks Sven, as you say fashion always has the risk of falling out of fashion! One stock that would be interesting for your perspective is $KSPI, a Kazakh company with near monopoly status in payments, e-commerce. Recently there was a short report about connections to sanctioned entities (in my view the report is of dubious quality, but something to look at nonetheless). Risks include Kazakh economy generally (based on oil, currency exchange fluctuations). They also announce expansion into Turkey and Uzbekistan. Maybe interesting for you, but understand if not your cup of tea. Thanks!
I always get a little nervous when Sven isn't wearing a suit
They used the debt to make a huge real estate investment in Milano
What's the most reliable dividend fashion stock? They are like any other stock. Buy at the lows and then just wait while you get the dividend. Estee Lauder just halved their dividend by the way.
Thank you Sven, can you analise Xiaomi please
Hello Sven many thanks for the next portion of reason. Would love to see your outlook for WSE: JSW and CPS as they are -65% now.
I didn't even fully watch the video, but this exactly the kind of stocks i'm looking at right now. Many thanks!
Apart from Kering what else are you looking at?
what about lvmh?
better buy imho..fundamentals way better
pltr?
not my kind of business
Hi Sven,
could u make an update about STNE ?
Luxary dont do well in inflationary times
I don't understand fashion or the appeal of luxury goods, so I'll leave those opportunities for others.
Sven what about daqo, wise, Canadian solar and bidu at current prices?
Thank you for the update. I advise Crypto traders, especially newbies, to research the market before entering. I must say that there are more benefits to crypto trading than just holding. Many thanks to Aaron Addison, who always keeps me up to date. I'm so glad I started his program.
Spot-on, I would always rate his signals as one of the best ever used 100% accurate.
Aaron works with people all over the world, he's the best you can ever come across.
You are right and thank you Aaron. started investing in a year and it has not happened for a second (except it did not start investing years ago). I have made a lot of money on BTC and XRP without any worries.
was introduced to his services by my boss, Aaron is just more than a coach to me now...…..…
He's a mentor! Nothing new here because I have been on his coaching scheme for over 8 months now and the outcome has been wonderful Great to see you guys talking about him, he changed the game for me.
Hi Sven, what do you think about Campari (CPR)? It is -52% FROM ath. Strong brand, International Revenues (not only Italy), growing sector
Terrible pe for the prospect of growth, let it fsll further then becomes interesting
Sven already did a little review a year ago. It got cheaper but still is not a bargain imho.
ua-cam.com/video/XAhpTS_FYjs/v-deo.html
idk about fashion. Have hard time to invest in it. Rather buy F even everyone say it is toast now.
EPS development looks pretty good long term, though… who cares about revenue.
hm...
I find it easier to invest in things people need, rather than things people want... wants change.
Things people need are commodity. It's much harder to build sustainable competitive advantage around stuff people need. While wants? People are willing to pay extra instead of choosing the cheapest option.
Well, I needed my Rolex… 😅
88% Dept to Equity Rate... hmm thanks I pass. There are many fishes in the pond. And fashion is way out of my circle of competence.
:-)
Burberry is an iconic brand and they offer timeless, perennial pieces. However, they are very very pricey and the company is not very well managed imho. On the flip side, if Kering or Bernard Arnold are looking to buy Burberry, now is the time and one can m sake a return on the acquisition. Kering is more diversified and a safer bet. We as investors have to look at the annual reports and explore the ROCE/ROIC every year and if this doesn’t have many fluctuations we can step in and buy.
There is also a point that we must consider.. there’s a huge difference between fashion (Burberry, Gucci) and real luxury (Hermès, Ferrari)..
I'm a newbie in crypto, who is trying my best to understand memecoins. I think it's healthy to explore opposing viewpoints.
I think what you need is a financial advisor assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
Evelyn Turner is the advisor that guides me.Her insights, daily signal, and optimal returns are impressive.
Yeah, Evelyn Turner was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Evelyn Turner. She is my number one source when it comes to crypto and TA.
I am not surprised to find nothing but positivity about Evelyn Turner's signalls because she has it all and you don't loose money following her trades.
So you guys know her too?... he made me and I have our own house and car.
She is good. Her success story is everywhere, her method surprised me honestly
Too bad the french withholding tax is so high...
How much is it?
What were the odds of Rubis trading back down to where it came from? Roundtrip complete. 😂
They were up when selling family silver and now reality kicks in...😢