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Msg  2 of 2  at  9/22/2007 8:15:14 PM  by

Malandro


Buy

LUX active in the market

An interesting company with huge growth prospects. I began with this stock last year when the TMF reviewed it. Zacks rated LUX a hold relative to the market in July.

Industry MED/DENTAL-SUPP
Market Cap 15.93 B
Div - Yield 0.82 - 2.34
PE (forward) 19.57
PEG Ratio 1.61
Current Year Est. 1.55
EPS Last Year 1.40
Zacks Rank:3
Zacks Recomendation:Hold

Interesting that 75% is held by insiders and most financing takes place through Italian banks. They have been buying brands such as lenscrafters and Oakley. Their business plans include rehabing approx 400 stores here and continue expanding in China, NZ, Australia, etc. ROE apprx 20, debt is somewhat high, high pb, and a 25% sales growth past 5 years.

Buying stylish glass frames to the Chinese might be akin to Starbucks in China. Jim Jubak (MSN finance) mentioned it as a safe way to invest in China earlier this year. Cramer mentioned the brand as an interesting growth story this month (not that I listen to him). Also I am planning on picking up more shares on lows over the next year.


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