{"id":69793,"date":"2023-10-07T04:37:12","date_gmt":"2023-10-07T08:37:12","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/holy-heck-lvmh-is-getting-cheaper-otcmktslvmuy\/"},"modified":"2023-10-07T04:37:19","modified_gmt":"2023-10-07T08:37:19","slug":"holy-heck-lvmh-is-getting-cheaper-otcmktslvmuy","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=69793","title":{"rendered":"Holy Heck, LVMH Is Getting Cheap(Er) (OTCMKTS:LVMUY)"},"content":{"rendered":"
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Dear readers,<\/p>\n

Few companies are as storied, as qualitative, or as interesting as LVMH (OTCPK:LVMUY). In an environment like this, we need to be careful about every premium we accept for a company. However, I believe I am not alone when I say that LVMH is one company that I have no issue premiumizing to some degree.<\/span><\/p>\n

LVMH is Moet Hennessy Louis Vuitton SE – and it was one of the very first companies I covered for iREIT\u00ae on Alpha when I became a contributor. I bought a significant stake at an average cost basis of below \u20ac600\/share, that’s for the native French MC ticker in Paris. The company then obviously went up significantly – my RoR at one time was almost 70% in less than a year. I could have sold – but I don’t sell quality stocks like that easily, and the company never climbed above \u20ac900\/share in a significant way.<\/p>\n

Instead, and surprisingly, we’ve seen the company drop down to almost below \u20ac700\/share, which is when it becomes interesting for me.<\/p>\n

Why?<\/p>\n

Let me show you.<\/p>\n

Louis Vuitton – World-leading luxury with double-digit EPS growth<\/h2>\n

This is an international conglomerate specializing in luxury goods.<\/em><\/p>\n

LVMH in its current operational specifics is younger than I am (and many readers here) – founded, or merged in 1987. The brands it represents, however, are many of them older than the United States of America if we go by the Declaration of Independence in 1776. We’re talking about brands like Mo\u00ebt, like Les Clos Des Lambrays, which come at staggering 300-700 year histories for some of the vineyards and brands that the company holds.<\/p>\n

The idea to form a conglomerate with a focus on luxury goods was one by French multi-billionaire, art collector, investor, and businessman Bernard Jean \u00c9tienne Arnault, the richest person in Europe and the Chairman and CEO of LVMH.<\/p>\n

The company represents a staggering amount of popular brands, and here are some of the more prominent ones.<\/p>\n