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Buying Burberry?
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Ian Eccles
Posted: 16 July 2024 10:48:48(UTC)
#13

Joined: 04/07/2021(UTC)
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Hilda Ogden;312167 wrote:
Ian Eccles;312166 wrote:
Zidane;312160 wrote:
Johan De Silva;312048 wrote:
Same. Ever since Nick Train mentioned it as having potential many years ago I have kept an eye on it.

Good to see they have reduced their Black T-Shirt with "Burberry" written on it from £350.33 to £306.56! That puts me off more than anything!


It's getting to a point that if Nick Train gets excitied by a company, you are about 5-10 years too late. Burberry, Disney, PayPal, Heineken, Estee Lauder - All big brand companies, all gone nowhere for years.


You missed out Diageo. What a dog, enough to turn you to drink.
I bought that on the hope with its premium brands it would recover but still waiting.

Indeed. In fact I've recently seen Diageo tipped as a takeover candidate.



Who would that be, Bargain Booze ?
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Spark on 16/07/2024(UTC), Johan De Silva on 16/07/2024(UTC)
Jay Mi
Posted: 16 July 2024 19:08:59(UTC)
#23

Joined: 11/03/2017(UTC)
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Just me then.
Was planning on putting my monthly investment into it for a while.
Then wait a few years.
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Captain Slugwash on 16/07/2024(UTC)
Tony Peterson
Posted: 16 July 2024 19:35:01(UTC)
#24

Joined: 10/08/2009(UTC)
Posts: 2,178
Jay

I see the RNS shows that four BRBY directors have the same idea.
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Raj K
Posted: 16 July 2024 19:38:05(UTC)
#25

Joined: 22/04/2016(UTC)
Posts: 2,818
As a holder of Lindsell Train funds for quite some time i am also getting concerned that LT aren't picking up on the changes that i think are going on out there. Firstly why does he have so many booze companies. His narrative is that people are drinking less but instead drink premium. TO me it looks like people are drinking less full stop. is this true? or just a general tightening of the belts at the moment

Note i dont drink so maybe my view is coloured somewhat.
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Hilda Ogden
Posted: 16 July 2024 19:54:34(UTC)
#26

Joined: 31/07/2023(UTC)
Posts: 883
Raj K;312227 wrote:
As a holder of Lindsell Train funds for quite some time i am also getting concerned that LT aren't picking up on the changes that i think are going on out there. Firstly why does he have so many booze companies. His narrative is that people are drinking less but instead drink premium. TO me it looks like people are drinking less full stop. is this true? or just a general tightening of the belts at the moment

Note i dont drink so maybe my view is coloured somewhat.

For how long do you intend to give L&T the benefit of the doubt?

Burberry is just one more problem on top of all the others at L&T.
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Raj K
Posted: 16 July 2024 20:30:04(UTC)
#27

Joined: 22/04/2016(UTC)
Posts: 2,818
Hilda Ogden;312229 wrote:
Raj K;312227 wrote:
As a holder of Lindsell Train funds for quite some time i am also getting concerned that LT aren't picking up on the changes that i think are going on out there. Firstly why does he have so many booze companies. His narrative is that people are drinking less but instead drink premium. TO me it looks like people are drinking less full stop. is this true? or just a general tightening of the belts at the moment

Note i dont drink so maybe my view is coloured somewhat.

For how long do you intend to give L&T the benefit of the doubt?

Burberry is just one more problem on top of all the others at L&T.


The two stocks i was already somewhat concerned about were Diageo and Unilver (within FGT) but now Burberry. Will have to think hard about this, certainly not adding anymore until i can work it out. I got no problem with RELX, Experian, LSE and SAGE. Of course Unilever and Diageo are held in LTI ....
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Hilda Ogden on 17/07/2024(UTC)
Ian Eccles
Posted: 17 July 2024 03:04:23(UTC)
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Raj K;312231 wrote:
Hilda Ogden;312229 wrote:
Raj K;312227 wrote:
As a holder of Lindsell Train funds for quite some time i am also getting concerned that LT aren't picking up on the changes that i think are going on out there. Firstly why does he have so many booze companies. His narrative is that people are drinking less but instead drink premium. TO me it looks like people are drinking less full stop. is this true? or just a general tightening of the belts at the moment

Note i dont drink so maybe my view is coloured somewhat.

For how long do you intend to give L&T the benefit of the doubt?

Burberry is just one more problem on top of all the others at L&T.


The two stocks i was already somewhat concerned about were Diageo and Unilver (within FGT) but now Burberry. Will have to think hard about this, certainly not adding anymore until i can work it out. I got no problem with RELX, Experian, LSE and SAGE. Of course Unilever and Diageo are held in LTI ....


Regarding Diageo, maybe the consumer has a greater choice of stimulant in todays market and alcohol is losing out to the powdered variety.
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Raj K on 17/07/2024(UTC)
John Bran
Posted: 17 July 2024 16:16:15(UTC)
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Joined: 01/09/2017(UTC)
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A few to many of these quality companies seem to be letting there shareholders down.
Of course this is the hunting ground of Warren Buffet, okay he basically shops in the US but quality is basically what he backs, so maybe just a short term thing?
Diageo probably,
Burberry? Very dependent on the Chinese I believe?
I think I would view Burberry s share price as the new share price, as in it won't be going back anytime soon.
A takeover by one of the other posh clothes etc manufacturer is a possibility.
Private equity take over?
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Taltunes on 17/07/2024(UTC)
Johan De Silva
Posted: 05 September 2024 07:33:27(UTC)
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Joined: 22/07/2019(UTC)
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We all know market timing can work for those brave enough, now that Burberry has been kicked out of the FTSE100 today/yesterday we know from other dropouts it should do about 15-20% in the next 6 months based on nothing but being undervalued and shorts closing, sellers done etc....

ORIT for those brave enough did well after being out of the FTSE250 being +20% from lows. There is even an ETF in the states that targets index dropouts.

Am I brave enough.... I dunno. I can't bring myself to invest in a product I dislike and get over my own bias.
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Hilda Ogden on 05/09/2024(UTC), ANDREW FOSTER on 05/09/2024(UTC)
Hilda Ogden
Posted: 05 September 2024 08:54:00(UTC)
#31

Joined: 31/07/2023(UTC)
Posts: 883
Johan De Silva;318021 wrote:
We all know market timing works for those brave enough, now that Burberry has been kicked out of the FTSE100 today/yesterday we know it should do about 15-20% in the next 6 months based on nothing but being undervalued and shorts closing, sellers done etc....

ORIT for those brave enough did well after being out of the FTSE250 being +20% from lows. There is even an ETF in the states that targets index dropouts.

Am I brave enough.... I dunno. I can't bring myself to invest in a product I dislike and get over my own bias.

Wise, I think. Having initially been attracted at a higher share price but decided against buying, it would have to go well below ~500p now for me to look again.
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