By Chris Bailey of Financial Orbit | Thursday 12 November 2015
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
A month ago almost to the day (link here) I wrote on the luxury retailer Burberry (BRBY) that:
‘The direction of Burberry shares over the next six months does largely depend on how Chinese performance is perceived. I think they surprise these low expectations and extrapolations…And this makes Burberry shares (still) a buy today’.
Today’s formal six month numbers to the end of September released today reiterate this view.
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