What is wrong with Luxottica ???????????????????????

[Chris Ryser]

Thanks to "optimensch" stating that Lux was not present at SILMO I went to check the stock market and found the following:

Luxottica Group SpA (LUX - Snapshot Report)could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for LUX broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.

This has already started to take place, as the stock has moved lower by 2.7% in the past four weeks. And with the recent moving average crossover, investors have to think that more unfavorable trading is ahead for LUX stock.

If that wasn’t enough, Luxottica isn’t looking too great from an earnings estimate revision perspective either. It appears as though many analysts have been reducing their earnings expectations for the stock lately, which is usually not a good sign of things to come.

Consider that in the last 30 days, 1 estimate has been reduced, while none has moved higher. Add this in to a similar move lower in the consensus estimate, and there is plenty of reason to be bearish here.

That is why we currently have a Zacks Rank #4 (Sell) on this stock and are looking for it to underperform in the weeks ahead. So either avoid this stock or consider jumping ship until the estimates and technical factors turn around for LUX.

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Sere all of it --------------> http://www.zacks.com/stock/news/1485...rossover-alert



What do you say ?

[Barry Santini]

The financial markets: No different than Salem, MA, when someone decided someone else was a witch, and everyone else shouted "Let's burn 'em!"

B

[COMEINPEACE]

should we have a charity ball for lux?

forgot to mention...they ship over $2million/per day
i may not sleep tonight worrying about them

[HindSight2020]

There comes a point of saturation when a giant company such as Lux just can't garner enough strength to climb any higher (excluding acquisitions as growth) to reach the summit. Yet the ride back down can be fast, slippery and devastating.

Hence why being a mid size company where you can fluctuate on a regular basis up or down is a much more favourable position to be in. Is being the biggest and living in a fishbowl always better? I don't think so. However time will tell.

[chaoticneutral]

too big to fail

[HindSight2020]

too big to fail

Being unable to grow further and declining slightly is definitely not failure; although the stock brokers would disagree with me. The problem is we've all become way too greedy!

[COMEINPEACE]

just wait till they get into the lens business ...article i have read about 1 yr ago in the wall st journal
kiss all us small guys goodby! (they will make al capone look like a choir boy)

[scriptfiller]

Remember, LUX is transitioning into a Co CEO model of governance. Leo del Vecchio may have been on to something when he stepped back into the fray. Companies who undergo substantial changes at the top are often looked at with a bearish perspective. Leo even said it himself, LUX is a large company too much going on for one person to keep a rope around.

[Johns]

I bought Lux stock on my birthday in 2000, and sold it about the same time 7 years later. I did great, and then bought it again in 2009, but got cold feet and sold it 4 months later. I think it will always be strong, but agree that the next 6 months- year might be good time stay out. Either way, they're not going anywhere...n

[COMEINPEACE]

DID Anyone posting here go to vision expo this year?............lux did not display ONE frame..........yes its true
the luxottica booth was all about
Leonardo Del Vecchio......

HE ALSO OWNS EUROPEAN INSURANCE COMPANIES ..9 to 11 billion from nothing, he was an orphan
lets start up that charity ball (not to take away from his success)

within 10 years lux will control 90% lenses and frames, and now with online refracting right around the corner...yes online manifests
could you imagine where the future is going....

ooops just looked it up on forbes- its 18.4 billion, i was way off, that was last years wsj article

[Johns]

DID Anyone posting here go to vision expo this year?............lux did not display ONE frame..........yes its true
the luxottica booth was all about
Leonardo Del Vecchio......

HE ALSO OWNS EUROPEAN INSURANCE COMPANIES ..9 to 11 billion from nothing, he was an orphan
lets start up that charity ball (not to take away from his success)

within 10 years lux will control 90% lenses and frames, and now with online refracting right around the corner...yes online manifests
could you imagine where the future is going....

ooops just looked it up on forbes- its 18.4 billion, i was way off, that was last years wsj article

I was at the show. They were writing all their orders in the tower to cut down on the floor space in the showroom. Penny pinching billionaire...my kind of guy!

Leo is the man. As much as I detest the company, I greatly admire the man and his vision. I met him in 1987, at a meeting in Cleveland. He met myself 3 other junior managers, along with our boss, at the PanAm courtesy lounge at the Cleveland airport. He asked personal questions of each of us, and when he found out I was soon to be married, invited me and my bride to spend our honeymoon in a villa he owned (probably one of many) in Italy. I wasn't even a two-bit player, so that was a very generous offer. By the time I got married, I was working for Marchon, only one of the reasons I didn't take him up on the offer. In any event, he seemed like a really nice gu

[Gizzo]

Remember, LUX is transitioning into a Co CEO model of governance. Leo del Vecchio may have been on to something when he stepped back into the fray. Companies who undergo substantial changes at the top are often looked at with a bearish perspective. Leo even said it himself, LUX is a large company too much going on for one person to keep a rope around.

God Bless Leonardo Del Vecchio. The Co was much better for employees when he was running the show. The kids went all Walton on the firm and, of course, strayed from Opticianry...

[Caroline]

DID Anyone posting here go to vision expo this year?............lux did not display ONE frame..........yes its true
the luxottica booth was all about
Leonardo Del Vecchio......

And for whatever reason, Lux is the only company who's reps don't come around. They don't make appointments and I can't seem to get them to come into the office. We've gotten rid of Coach and DKNY because of that.

[COMEINPEACE]

The Co was much better for employees when he was running the show. The kids went all Walton on the firm and, of course, strayed from Opticianry...[/QUOTE]

ACTUALLY that is a very accurate observation, these young inexperienced pensilpushers, who have never been or sold in retail(and all their products are end user retail)are restructuring the sales rep pecking order, and telling experienced field execs how to do things.
they just had another major restructuring 2 weeks ago
but not to worry, they will own this field in 3 to 10 yrs..like i have posted earlier