3Wk·

Ciao Gucci

I have decided to sell my $KER (+4.43%) -shares. The position has been clearly in the red for some time and I am no longer convinced by the fundamental development. The problems at Gucci in particular are weighing on the outlook and make $KER (+4.43%) currently more of a risky turnaround bet. Instead of tying up capital in an unclear recovery, I would like to deploy it more efficiently. My focus is now on stocks with more stable fundamentals and better prospects: value and dividend stocks such as $ALV (+0%) or $ZURN (+0.06%) as well as growth stocks in areas such as cloud, cybersecurity or AI, such as $CRWD (-1.67%) . A global ETF such as $VWRL (-0.08%) remains interesting for broad hedging.

👉 What would you invest the freed-up capital in?

16.09

Kering

Sold x12 at €261.50

€3,138.00

48.85%

13 Comments

Timo@Aktienorang-Utan

3Wk

$ALV is always a good choice 🙂👍🏻

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Torsten@BuyHoldCheckSell

2Wk

I am also finding it incredibly difficult to value the Kering position at the moment. On the one hand, the share has a lot of positive momentum at the moment and is recovering strongly from its losses. However, I am still deeply red with my position. On the other hand, the fundamental data does not look promising at the moment. I think I will wait for the next figures and then decide how to proceed. What do others think?

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Sandy@DividendenMieze

@BuyHoldCheckSell May I ask what percentage you are in the red?

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Torsten@BuyHoldCheckSell

@DividendenMieze -It is still 22%. It's getting lower every week. But after my last comment, I'm still no wiser. I'll let it continue for now until earnings.

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Sandy@DividendenMieze

@BuyHoldCheckSell I was also torn... Keep your fingers crossed that you come out of it green 😉 maybe it really will calm down. I still have Louis from the sector myself and I didn't want to take any more risks. Eyes closed and through!

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fund_commander123@fund_commander123

2Wk

Have I made a mistake or is $KER up +25% on a monthly basis? I assume that the luxury sector will definitely come back 👍 I am very confident about that

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math@treeman

2Wk

@fund_commander123 yes, but I see a turnaround and a price increase of more than 100% from the current point in time as very unlikely for Ker.

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Marquis@Marquis

2Wk

@treeman too early for sell for me. Now You bought high and sell low

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math@treeman

2Wk

@Marquis yep

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Sandy@DividendenMieze

1Wk

I have now also sold with a 24% loss.

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math@treeman

1Wk

@DividendenMieze 🥹

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Vasili K.@Vasili

@DividendenMieze But now the share is really picking up speed!

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Sandy@DividendenMieze

@Vasili In my case, it was a portfolio corpse that has been bobbing around for far too long. I do a lot of day trading and quickly recouped the loss. I also got a tax correction on it 😉

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