Hidden Value Gems
$KER.PA #Kering is trading at 15x next year earnings, having profit warned twice this year.

Stock down 38% in 5 years (-44% in one year).

Where do you buy it?
- At current level (€327)
- 5-15% lower
- When Gucci starts perform
- 15-25% lower
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Hidden Value Gems
Thank you for voting 🙏🏽

I agree that Gucci's performance is key, at the same it looks like the market is much more cautious than before (where are the people who bought Kering's shares at €700?).

Planning to do more work, lack of enthusiasm is slightly positive imho...

$KER.PA

$KER.PA #Kering is trading at 15x next year earnings, having profit warned twice this year.

Stock down 38% in 5 years (-44% in one year).

Where do you buy it?
- At current level (€327)
- 5-15% lower
- When Gucci starts perform
- 15-25% lower - Hidden Value Gems
tweet

⁠Hidden Value Gems
Makes me think whether #Kering really has a moat or just sells expensive (high-margin) stuff with a hit-or-miss approach.
Was on my Luxury Goods watchlist, but the difference with the ones like Richemont, LVMH and Hermes is huge. https://t.co/SWbPqQM2UJ
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