Burberry Group Action Forum

I currently like the Moncler group more than LVMH and Kering. Only Hermès is better than Moncler, but also more expensive. Moncler is growing strongly in China, which is really exciting! There are also rumors that Moncler is interested in taking over Burberry. This could be really interesting and create a strong brand in the outdoor clothing sector. The decisions made by CEO Remo Ruffini show that Moncler is on the right track!

$MONC (-3,85 %)
$MC (-2,6 %)
$KER (-5,61 %)
$BRBY (-6,3 %)
$RMS (-3,64 %)

$MC (-2,6 %)
$KER (-5,61 %)
$BRBY (-6,3 %)
$RMS (-3,64 %)

say yesaaaa a share for eternity, buy in here nothing will go wrong.

#lvmh is so broadly positioned 😉

Burberry
$BRBY (-6,3 %) after a profit warning changed its boss.

The American Joshua Schulman replaces Jonathan Akeroyd.

The company expects to make a loss in the first half of the year and has reported a drop in sales of over 20 percent to 458 million pounds (540 million euros).

In response, Burberry is suspending dividend payments for 2025 suspended.

$BRBY (-6,3 %) - Profit warning and CEO dismissed!

- Resignation of the CEO

- Retail sales down 22 %

- Comparable sales down 21 %

- All regions except Japan in the red

- Abolition of dividend

- Expected operating loss in the first half of the year

- "Luxury market proving more challenging than expected"

10.07.2024 +++ Tesla continues in the fast lane +++ VW and Porsche issue profit warnings +++ Burberry cuts jobs +++ Evotec and Pfizer join forces +++

VOLKSWAGEN (VW) $VOW (-2,5 %) the full-year outlook. The operating margin is lowered to 6.5-7.0% from 7-7.5% (forecast was 7.1%).

Porsche Automobil Holding $PAH3 (-2,05 %)Due to the equity investment in Volkswagen (31.9%), the Group result after tax is significantly influenced by the result after tax at Volkswagen. For the financial year 2024, Porsche Automobil Holding now expects Group profit after tax of EUR 3.5-5.5 billion (previously EUR 3.8-5.8 billion).

Tesla share $TSLA (+9,97 %) +3.71% to $262.33 at the close of the US stock market. The share is still in the fast lane, having risen for the 10th day in a row the previous day. Since June 24, the stock has gained 43%.

The British luxury goods manufacturer Burberry $BRBY (-6,3 %) is planning to cut up to 400 jobs, according to media reports. This is part of extensive cost-cutting measures with which the FTSE 100 company is reacting to falling profits.

EVOTEC $EVT (-0,84 %) is entering into a cooperation with PFIZER $PFE (-1,75 %) for R&D metabolic and infectious diseases.

Wednesday: Stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

AT&T USD 0.28

Verizon Communications USD 0.67

Quarterly figures / company dates Europe

07:30 About You quarterly figures

10:00 BMW sales figures 2Q

11:00 Volkswagen sales 2Q

Economic data

• 08:00 DE: Construction prices for residential buildings May
• 10:00 DE: ECB Governing Council member Nagel, greeting at the VdB Bundesbank Trade Union Conference
• 16:00 DE: Governing Council member Nagel, panel discussion with economist Bofinger
• 16:30 AT: Governing Council member Holzmann, speech at energy policy event
• 16:30 US: EIA Crude Oil Inventories

$SOFI (+9,03 %) - $BRBY (-6,3 %) sacrificed to $SOFI (+9,03 %) to add ✌️

$BRBY (-6,3 %)

@TomTurboInvest
@7Trader

but could also turn nasty if the support breaks and we don't recover quickly.

Looks almost nice at the moment, I just had to try it 😂

$BRBY (-6,3 %) Burberry - a short-term gamble or a medium-term speculation on the turnaround🧐

After a quick look at the chart, this fits in perfectly with my preference scheme for my risk share in the portfolio💸

What are the key points in the chart for me?

Short-term view:

Although the gap from January has already been closed, it could be approached again. This is already my first target🎯

I also like the view a little further back into Q4/2023 to the gap from November 🎯

These are already 2 marks (1350p and 1650p) with potentially nice returns🤑

Medium/long term view:

Long term, I like the current area around 1000p , because it has always provided good support since 2011.

Daily chart until the Corona Down:

(green 200 GLD / orange 38 GLD)

Weekly chart way back 🔎

All in all, this was tempting for me and I opened the position with a first tranche of 160 shares. Now it's time to see what happens...

Target size: an additional 2-3 tranches of around 2k each

@BamBamInvest Thanks for drawing attention to this!

@7Trader Keep a close eye on it!

Turnaround speculation 😎