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vtorch

vtorch
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  • Michael Kors: Undervalued And Has 25% Upside [View article]
    Remind me why you are using net income as a proxy for cash flow?
    Aug 12 01:42 PM | Likes Like |Link to Comment
  • Update: Coach Earnings [View article]
    Parent company for Gucci
    Aug 8 09:54 PM | 1 Like Like |Link to Comment
  • Why Kors Can't Eat All Of Coach's Lunch [View article]
    I guess you would classify Hermes as a toothpaste company?
    Jun 24 07:23 AM | Likes Like |Link to Comment
  • Hard Times Are Not Over For Coach [View article]
    KORS simply takes Prada designs, lower the quality of the make, and puts on their own logo. Simply don't understand the value proposition.
    Jun 24 02:30 AM | Likes Like |Link to Comment
  • Apple: Let's Not Get Ahead Of Ourselves [View article]
    Xiaomi phones have their own following and the latest models are basically sold out on launch. The problem with iPhones in China is that until very recently, they aren't compatible with China Mobile's TD-SCDMA network. This means that to own an iPhone in China means you have to either endure (a) less than ideal coverage from Unicom or China Telecom or (b) stick with China Mobile's 2G speed. Either way sucks really. So it doesn't matter how good iPhones are, they are purely a "symbol" for some. Even after the China Mobile deal, I cannot imagine Apple making a lot of TD-SCDMA iPhones. Xiaomi, on the other hand, builds models for both types of networks.
    Jun 12 11:18 AM | Likes Like |Link to Comment
  • Hard Times Are Not Over For Coach [View article]
    Is this article a rehash of the 10Qs and 10Ks?
    May 28 10:07 AM | Likes Like |Link to Comment
  • Why Is SunPower Planning To Issue Solar Asset-Backed Bonds? [View article]
    SPWR has great technology. Unfortunately, the solar downturn has left the company's capital structure in very bad shape ... warrants, convertible bonds, etc. Just not sure what portion of the company is left for the public shareholders.
    Apr 9 02:50 PM | Likes Like |Link to Comment
  • Why Kors Can't Eat All Of Coach's Lunch [View article]
    Young girls are very fickle-minded, today it is KORS, tomorrow it is KATE. Don't bet your money on what young girls want to buy today, because the answer is likely different tomorrow.

    The idea is not to chase the fashion trends (i.e., chasing behind young girls' minds), but establish a niche to sell your products to people who are returning customers (and afford to do so).
    Mar 18 02:13 PM | Likes Like |Link to Comment
  • More on the HSBC earnings miss [View news story]
    when will investors finally learn that the current CEO and his cronies in London are a bunch of underachieving fat cats? earnings miss, job losses but executive salaries go up? come on!
    Feb 25 07:51 AM | Likes Like |Link to Comment
  • Why Kors Can't Eat All Of Coach's Lunch [View article]
    Given the price range, COH does not experience significant "knockoff impact", unlike Prada, Chanel, LV, Gucci, etc.

    Neither does KORS but for a different reason - KORS handbags already look like cheap Prada knockoffs, and will probably make inroads in North America. Not in Europe and not in Asia.
    Feb 21 06:51 AM | 1 Like Like |Link to Comment
  • Will Michael Kors Continue To Eat Coach's Lunch? [View article]
    Some good performance from the company plus a lot of herd mentality ...
    Feb 4 10:42 AM | 1 Like Like |Link to Comment
  • Sources deny HSBC IPO plans [View news story]
    For a while, I thought these executives may actually be doing the right thing by shareholders. But no, these fat cats are sitting too comfortably in London collecting their fat pay checks that they won't do it.
    Dec 9 11:58 AM | Likes Like |Link to Comment
  • Coach Could Go Higher As It Finally Has An Answer For Michael Kors [View article]
    I simply cannot believe that KORS can attract the mid-upper or upper class. KORS bags, like COH, are made in China. Anyone that tries to position bags made in China as upper class luxury items is clearly not thinking straight. For one, the Chinese doesn't even have the ability to make ultra high quality leather like those made in Europe, and Chinese factory workers, paid less than US$1000 per month, can hardly match the craftsmanship of their European counterparts in the luxury handbag trade. So don't kid yourself, if you are buying COH or KORS, you are middle class.

    Worst still, if you cut of the label from a KORS bag, I bet you won't be able to tell it apart from the Chinese label bags that you buy off Tmall.
    Nov 10 08:25 AM | Likes Like |Link to Comment
  • Coach Could Go Higher As It Finally Has An Answer For Michael Kors [View article]
    I don't know if the article convinces me that COH has an answer for KORS in the short-term. If I am the CEO of COH, I would focus on quality of my products and channel, and ignore noises like KORS. KORS, like many fashion labels, come and go.

    That being said, any brick and mortar company that grew the way KORS had grew is bound to run into issues. It is not "if", but "when" the cracks will show.
    Nov 10 08:13 AM | Likes Like |Link to Comment
  • NQ Mobile: A Neutral Observer's Take [View article]
    Not everyone is upset because they lost money as a result of MW's research. I, for one, agreed with him (actually, I raised issues before MW did (see http://seekingalpha.co...)) on China Media Express, and made money in his futile attempt to discredit Focus Media, which is a real business. People are upset because Carson Block profited by rumor mongering.
    Nov 4 10:40 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
288 Comments
431 Likes