I sold at 700 in early 2025 with a green zero and haven't paid any attention to it since. It's crazy how much they've dropped since then.
Not a stock for me anymore. Also because of the French tax.
Not a stock for me anymore. Also because of the French tax.
•
44
•
@Solitair I completely understand. The performance over the past few months has certainly been disappointing for many investors, and the French withholding tax is indeed a factor to consider when making an investment.
I, too, am currently still in the red with my position. I’ve had a regular investment plan for $MC running since the end of 2023, and over time I’ve also made a few one-time purchases. As a result, my average cost basis has improved accordingly. But I’m still a few percentage points away from a positive return.
However, my fundamental investment thesis hasn’t changed much so far. I continue to believe in the luxury sector and, in particular, in the quality of the brands owned by $MC. Of course, the key factor will be whether demand (especially in China) recovers sustainably in the coming quarters. That’s exactly why I’m scrutinizing the upcoming quarterly results so closely.
I, too, am currently still in the red with my position. I’ve had a regular investment plan for $MC running since the end of 2023, and over time I’ve also made a few one-time purchases. As a result, my average cost basis has improved accordingly. But I’m still a few percentage points away from a positive return.
However, my fundamental investment thesis hasn’t changed much so far. I continue to believe in the luxury sector and, in particular, in the quality of the brands owned by $MC. Of course, the key factor will be whether demand (especially in China) recovers sustainably in the coming quarters. That’s exactly why I’m scrutinizing the upcoming quarterly results so closely.
•
11
•@DividendenPapa It's not just withholding tax; you also have to pay a transaction tax.
•
11
•