From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

If Burberry shares fall back below a twenty quid share price, that would be chavtastic

By Chris Bailey of Financial Orbit | Friday 19 May 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.


I told you all back in January that I was going to take my profits and exit my Burberry (BRBY) shareholding. Whilst what I know about high fashion per se can be written in giant letters on the back of a single playing card, I knew a bit about the trends and capabilities of global consumers. And - assuming there is also a sensible balance sheet - is all you need to really know about high fashion investment, in my opinion.

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

Wednesday »

Bearcast

Tom Winnifrith Bearcast: Bracing myself

Thursday »

LUCE

Luceco – a trading recovery Buy?...

 

Quiz

The ShareProphets Sunday Pub Quiz #260

Thursday »

TM1

Rat. Sinking Ship. Technology Minerals

Time left: 22:42:34