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


To: MNTNH who wrote (52924)12/4/2013 11:29:22 PM
From: Spekulatius  Read Replies (2) | Respond to of 78717
 
MNTNH - thanks for the color on Hengdeli, it's very helpful to assess the stock. I agree it's not that great of a business and not cheap enough to begin with.

I am not sure how much the Swatch and LVMH stockholdings mean at this point, as they have been acquired a long time ago for strategic rather than financial reasons. I'll stay away from it, but keep it on my watch <pun> list.