$LOGI (Logitech International S.A.) just announced its 𝐐𝟐 𝐅𝐘 𝟐𝟎𝟐𝟑 𝐫𝐞𝐬𝐮𝐥𝐭𝐬. As one of our holdings, and for those who have no time/patience to read earnings reports i'll do a quick summary.
Let's start with sales,... Mehr anzeigen Übersetzen
𝐁𝐫𝐮𝐭𝐚𝐥 𝐬𝐭𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐰𝐞𝐞𝐤
The Hong Kong stockmarket is tanking this morning. It seems like it is the sentiment from the Party Congess. I will write more about it later today but it also means we are in for a tough day as pretty much all Hong Kong stocks are down around -10 %, despite... Mehr anzeigen Übersetzen
.. almost feels like a protest of investors in China and giving up on private sector companies, as their growth will remain limited with this constellation. Xi is the ruler and doesn't want anyone too powerful next to him.. ... Mehr anzeigen Übersetzen
Buy the fear. Chinas GDP better than the U.S. Chinas debt/GDP almost half of the U.S. China tech trading at much cheaper multiples than still overvalued U.S tech. China has no inflation problem. ... Mehr anzeigen Übersetzen