Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (29732)	4/14/2008 9:56:36 AM
From: Spekulatius	Read Replies (2) \| Respond to of 78666

UHR and CFR (SWX Swiss stock market)- anybody interested in Swiss watch/jewelery manufacturers Swatch group and Richemont. both trades at the SWX. Swatch group trades at a trailing PE of 12.5, Richemont's PE is higher , however with Richemont you have to consider that almost 1/2 the value is in a nonconsolidated stake in British American tobacco BTI (there is talk about a spinoff too). Both seem nice luxury plays with bulletproof balance sheet and they have not seen a slowdown yet. Will they sail through a recession? I don't know but if they do, they are grossly undervalued. Swatch group Earnings: swatchgroup.com