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L'Oréal S.A. (OR.PA)
Paris - Paris Delayed Price. Currency in EUR
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There are 557M shares of L'Oreal. The Meyers family holds 200M (36%) and Nestle holds 167M(30%), which leaves 190M(34%)to be traded. Nestle covets a majority stake which will greatly increase their price per share. While the Meyers family waits to get their price the L'Oreal stock rises. It is under valued and pays a small but steady dividend while you wait for things to unfold. Both are among the best managed companies in the world.
Billion-dollar deal: Nestlé reduces stake in L'Oréal
The Swiss food group Nestlé is reducing its stake in L'Oréal and selling back shares worth almost 9 billion euros to the French cosmetics manufacturer.
Named as possible takeover target for Berkshire Hathaway.
By chance, is L'Oreal share price dropping because some of their investors think L'Oreal's' value will be diminished with higher corporate taxes in France and other G7 countries?
L'Oreal up 18% since 1 PM Wednesday. Estee Lauder is up 7%, same period.
Notice how there are rarely any buys of L'Oreal, just sells and sometimes for a single share! It is like morse code or something.
cant support a company that continues to purchase palm oil, sold all my shares.
Beauty products companies often command premium valuations. LOreal (LRLCF) and Estee Lauder Companies, Inc. (EL) trades for more than 55 times earnings, while e.l.f. Beauty (ELF) sells for 90 times earnings.
ELF price to sales 8.1
EL price to sales 8.05
LRCLF price to sales 7.4
COTY price to sales 1.6
Therein lies the opportunity. Price discovery will happen !
CONCLUSION: BUY COTY ITS CHEAP (especially in this market)
L'Oreal Mon 14 Sep 140x332.74=46,583.60
Jut missed a buy yesterday at 421 still working today.
IT IS MY UNDERSTANDING that Nestle has reduced its position in L'Oreal from 30% to 23% of its outstanding shares. Did the Meyer family buy the shares from Nestle?
L'Oreal is 40% the size of Berkshire Hathaway.
Buy COTY guys. 30% gain easily the next few weeks.
LRLCF holds its own great on bad U.S. market days. There is a beneficial disconnect!
Not much buying interest in this stratosphere. Time to trim. Thoughts.
This L'Oreal stock $LRLCF is the most solid performer going back a long long way.
Shouldn't every grandparent give a share of L'Oreal to their loved one(s)?
Comparison chart your favorite stocks to LRLCF (L'Oreal) it probably will be an eye opener.
L'Oreal or Estee Lauder from here?
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