Author Topic: LVMUY: LVMH - Louis Vuitton Moet Hennessey  (Read 335 times)

ICUMD

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LVMUY: LVMH - Louis Vuitton Moet Hennessey
« on: November 13, 2017, 04:44:03 PM »
Happened to be talking with the GF about makeup.  Sephora came up and I happened to do a bit of research on who owns this.  Was shocked to find this European Conglomerate spanning high end wines and spirits, fashion, watches, perfumes and cosmetics.  All very high end items with high margins. 

The ADR (LVMUY) trades on the OTC markets.  PE ratio seems to be in the 30 range, and it has had a doubling of the share price in the last year (I always seem to join the party late...).  In any case, was wondering if anyone had any thoughts or knowledge of this company and whether or not it would warrant being a long term accumulate and hold.
FIH.U TCEHY, IFFNY, BRK.B