10H·

LVMH is not dead… but the comeback isn’t here yet

I added to $MC (-2,22 %) before the Q3 update because I was waiting for this announcement.

The results are not terrible, but they’re not a clear comeback either.

Group organic growth is still positive at +1% in Q3, but Fashion & Leather Goods remains the weak spot at -5%, mainly because China is still slowing down.

On the positive side, Watches & Jewelry, Selective Retailing and Wines & Spirits are still growing.

So for me, the thesis is still alive, but the recovery is not confirmed yet.

I already reinforced before the announcement.

Now I’ll wait before adding more.

Pelo

@pelo

6J·

Buying LVMH before October 12 👀

I just added 2 shares of $MC (-2,22 %) before the October 12 update.

The plan is simple:

small reinforcement now, but still keeping cash ready.

If the numbers show improvement, especially in Fashion & Leather Goods, and the stock stays under €390, I may add again.

If it runs straight back to €410–430, I won’t chase it.

And if we get another drop toward €350–365 without real fundamental deterioration, that could become an even better zone to reinforce.

Small move today, patience for the next one.

06.10

LVMH

Acheté x2 à 384,15 €

768,30 €

2 Commentaires

Mav83!@Maverick4831

Not dead, but definitely my badest holding…

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Pelo@pelo

@Maverick4831 I see this as a good opportunity to strengthen our position, in few years it will be a good P&L, trust 😉

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