This is my first post on VP forum. I have been greatly benefitted in terms of learning from this forum. 2 years back when I started investing and was looking for resources, I came across this forum and fell in love with the depth and the quality of the discussions happening here. Till now I have been a silent observer, learner and now I wish to contribute whatever I could within my capabilities and learn actively. Was avoiding this for a long time thinking, not to dilute the content of this forum.
I highly appreciate the depth you have put into this thread and interesting to see the various facets of an organization that you analyze while entering into a stock. e.g. Employees and their past organizations and what school they come from. Hats off to you and other VP members!
I have few questions:
When you say this,
do you mean that Amazon can come up with their own brand and eat up the market share, as it already seems to be happening.
We can see that Amazon has come up with Amazon Basics Hardside Suitcases (https://goo.gl/nTfo5w) since 5th September, 2017 and some of the reviews, though very few, look good. Con being they are currently offering 1 year limited warranty while the VIP and Safari offers 3 year / 5 year international warranty.
Entry of Amazon into hardside suitcases does indicate that they see this as a good opportunity and would have good margins, but it also would lead to erosion of marketshare for Safari. What are your views @bheeshma ?
One more basic question:
For a company like Safari which is already at a PE of 84.31 (took it from Screener), can it turn out to be a multi-bagger going ahead from this point of time? What changes should we look for in the coming quarters to see that this is on the right track ahead?
Which companies should be taken as peers to look at the industry average (moulded plastics / apparel / travel accessories)?
I would like to have views from @The_Confused_Consult also on this industry and this company having seen VIP and Safari for last few decades.
Forgive my ignorance, if I am asking a very basic or stupid question.
Disc.: Initiated a small position to track. Wish to invest more in both Safari and VIP.