Samsonite: Another Opportunity to BUY
Since the last note on Samsonite, Â the stock moved up 15% to ~HKD25 but then gave up the gains to trade ~HKD23 last week. The 15% rally coincided...
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Samsonite: BUY
Samsonite at ~HKD21 presents an attractive entry point, representing roughly 15x 2017e EPS (vs 16.5x 5yr median). 5% legacy Samsonite growth and...
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Details From Prada Analyst Meeting Push Out Growth but Still Positive Long-Term View
We still rate Prada Group a wide moat and will likely clip our HKD 38 fair value estimate a few percent following the company’s analyst meeting in...
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The Bigger Samsonite: Not Too Exciting
Tumi's price tag of $26.75/share or $1.8b (10% lower than $2b in initial news flow) values the company at 27.5x NTM earnings. For the standalone...
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Samsonite Buying Tumi: Levering Up
Having covered Tumi for a couple of years and, more importantly, having amassed a decent position in the January sell-off, I naturally feel elated...
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