Burberry Share Discussion Threads

[philanderer] 05/5/2016 13:55

UBS 'buy' tp 1500p

reiterates

[philanderer] 03/5/2016 20:02

Burberry suffers image fatigue as CEO struggles to boost sales

[philanderer] 03/5/2016 11:31

Nice bounce :-)

[lightningbolt] 03/5/2016 09:01

how cheap is this going to get, ASC is on a pe of 80, now this is on one of 16, i'm dying to add to my position, will wait a while till the dust settles.

[philanderer] 03/5/2016 08:45

Heading south again this week by the look of it.

That 1100p chart support had better hold or it`s a very long way down.

edit:

It`s China again .

[philanderer] 26/4/2016 15:31

Chart support at 1180p then a long way down to 1109p. Testing the first one soon by the look of things.

[philanderer] 25/4/2016 23:33

Yep, patience required here now.

[lightningbolt] 22/4/2016 10:32

looks like we're going to drift lower, still long, and looking to add to my position.

[philanderer] 22/4/2016 10:10

"...Burberry has dropped 19p to £12.54 as the luxury sector came under pressure after disappointing results at the Gucci brand of France’s Kering."

[philanderer] 20/4/2016 08:40

Downgrade this morning..

20th april Goldmans neutral tp 1550p

[philanderer] 19/4/2016 09:23

Burberry Unveils Lily James As New Face

[philanderer] 18/4/2016 09:05

18th april RBC underperform tp 1250p cut from 1300p

[philanderer] 14/4/2016 23:24

Thanks for the reply tongosti , I was thinking maybe LVMH ?


Interesting Lex column in the Financial Times...

Burberry: chequered history

"The luxury fashion retailer’s shares look cheap"

[tongosti] 14/4/2016 21:40

Phil - tempting as it may sound, the question is who may want to buy BRBY at this stage? I think for a company that generates a significant part of its business from China, any potential bidder would have to be confident it can meaningfully improve performance in that part of the world. In view of the fact that the luxury sector is struggling en masse in China, a potential bid is unlikely I think (naturally, I could be completely wrong here because in a world of record low yields, money needs to be deployed somewhere and the big boys are naturally attracted to M&A's). I would also say that - even though valuations look deceptively cheaper - as opposed to a year ago - what particularly worries me is the slowing rate sales growth. It has been going down for a good while and the situation does not seem likely to improve in the near future. As you know, I am watching closely here with the view to go long at some point. I think that point will arrive when most brokers will issue sell - rather than buy - recommendations. The proverbial throw in the towel moment. I don't think we are there yet so today I decided to open a short with a stop loss at £15. Have a good evening.

[philanderer] 14/4/2016 20:42

I`m tempted back in, just get a feeling there could be a takeover approach.

[lightningbolt] 14/4/2016 19:18

Well I'm still long, a pe of 16 is pretty cheap...

[philanderer] 14/4/2016 18:16

Questor share tip: Sell Burberry as sales outlook worsens

[philanderer] 14/4/2016 13:54

Burberry Profit Warning Piles Pressure on CEO Christopher Bailey

[philanderer] 14/4/2016 13:46

Hi tongosti , any thoughts on a takeover here now . Bailey seems to be struggling trying to hold down two jobs.

[tongosti] 14/4/2016 12:44

As I have mentioned here several times, BRBY is best avoided or shorted (for the braver ones). Going long is not an option at this stage.

[philanderer] 14/4/2016 10:11

Closed @ 1243p.


'Fewer wealthy Chinese tourists hits Burberry sales in Europe'

Fashion house trading update says fall in well-off visitors following Paris terror attacks will dent full-year profits in 2017