Multi-Brand, Multi-Category, and Multi-Region Strategy Make Samsonite Resilient
We initiate coverage of Samsonite with a fair value estimate of HKD 33 per share, representing 17 times prospective price/earnings, 13.4 times...
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Samsonite: Consensus Beating Performance Boosts Confidence
With performance largely in line with expectations shared in previous note (sales slightly lower and margin slightly ahead), Samsonite has cemented...
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Samsonite: Another Opportunity to BUY
Since the last note on Samsonite, the stock moved up 15% to ~HKD25 but then gave up the gains to trade ~HKD23 last week. The 15% rally coincided...
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Samsonite: BUY
Samsonite at ~HKD21 presents an attractive entry point, representing roughly 15x 2017e EPS (vs 16.5x 5yr median). 5% legacy Samsonite growth and...
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Details From Prada Analyst Meeting Push Out Growth but Still Positive Long-Term View
We still rate Prada Group a wide moat and will likely clip our HKD 38 fair value estimate a few percent following the company’s analyst meeting in...
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