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51job Inc. Message Board

qofaslave69 418 posts  |  Last Activity: 5 hours ago Member since: Nov 6, 2005
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  • qofaslave69 qofaslave69 5 hours ago Flag

    Do not over react to news from a bank in Portugal...

  • qofaslave69 qofaslave69 17 hours ago Flag

    Estimize is more accurate than the analysts. I would take $.85 on EPS. But, the revenues for KORS will be way higher than $861 million...

  • Reply to

    Mark Brashear Hired-Menswear

    by qofaslave69 Jul 9, 2014 8:21 AM
    qofaslave69 qofaslave69 20 hours ago Flag


    I guess the answer to your actual question of how they will guide for fiscal 2015?

    Currently, management has guided fiscal 2015 to $3.91...

    My best WAG; $4 to $4.10

  • Reply to

    Mark Brashear Hired-Menswear

    by qofaslave69 Jul 9, 2014 8:21 AM
    qofaslave69 qofaslave69 23 hours ago Flag


    CROX management team was run by drunks and crooks. KORS is quite different. But, I see the similarities in that KORS is a retail stock that has had a nice run.

    For this quarter I see KORS with blowout revenue numbers. Perhaps, even as much as $1 billion. Their EPS will beat expectations, and I would guess around $.90-$1.00. This quarter has seen stronger sales than last quarter.

    You are being observant in noticing the sales going on in the luxury retailers, and this is something new at Michael Kors. They are discounting some of their older style handbags. The new models are full price and some are selling exceptionally well. I am pretty certain their margins will continue to "normalize."

    Trying to grow a business as fast as they are cost money, and their SG&A will continue to increase. They just hired two executives for Asia, and menswear. They are building out their ecommerce site. They are building distribution centers in strategic locations, and this all costs money.

    Overall, I believe their sales are strong. However, the costs of expansion will weigh on EPS and margins. They have an excellent management team that will control spending as they continue to grow. When you buy stock of a company you are placing great faith in the management team. I am comfortable owning KORS right now.

  • qofaslave69 qofaslave69 23 hours ago Flag

    I would tend to agree with GS. Is KORS on their "conviction" buy list?

  • qofaslave69 by qofaslave69 Jul 9, 2014 11:33 AM Flag

    That was a nice reversal with good volume this morning....very positive!

  • Reply to

    Mark Brashear Hired-Menswear

    by qofaslave69 Jul 9, 2014 8:21 AM
    qofaslave69 qofaslave69 Jul 9, 2014 11:14 AM Flag

    The hiring of Mr. Lafay for Asia, and Mr. Brashear for menswear is great for expansion.
    But, the expansion will be costly. KORS is looking at $1 billion annually in Europe, and $1 billion in menswear. They cannot ignore those revenue streams and will pursue those aggressively.

  • qofaslave69 by qofaslave69 Jul 9, 2014 9:08 AM Flag

    The CEO says, "America is in a retail funk!"

    Stay away from and losers folks! They are easy to spot in retail.

    Winners; UA, TIF, KORS
    Losers ; COH, TCS, URBN, BBBY

  • Reply to

    Now down 3 percent in Pre- market

    by gatordogz Jul 9, 2014 7:42 AM
    qofaslave69 qofaslave69 Jul 9, 2014 8:49 AM Flag

    Any long term investor will hold on this news. CELG is likely to trade down to its 10 week line, and should find support there. I suspect it may trade down to the $78-$80 area in the coming weeks.

    If you are a trader; it may be wise to sell, and seek a "fast trade?"

  • Michael Kors (KORS), a global luxury lifestyle brand, is pleased to announce that Mark Brashear has been named to the newly created role of President of Men’s. He will report to John D. Idol, the company’s Chairman and Chief Executive Officer.

    Mr. Brashear’s appointment, effective July 7, 2014, is a key element in the brand’s strategic development of its men’s business. “The men’s world represents a significant opportunity for us, and we’ve been putting the pieces in place to grow that business,” says Mr. Idol. “Mark’s appointment is a big step forward because he brings with him a wealth of skills and experience in men’s brand-building."

  • Reply to

    Don't get shaken out

    by winningstox Jul 7, 2014 12:55 PM
    qofaslave69 qofaslave69 Jul 7, 2014 6:11 PM Flag

    The trend is clearly higher...

  • Reply to

    Don't get shaken out

    by winningstox Jul 7, 2014 12:55 PM
    qofaslave69 qofaslave69 Jul 7, 2014 3:22 PM Flag

    Absolutely! I may add this week?

  • qofaslave69 by qofaslave69 Jul 7, 2014 2:12 PM Flag

    A few big buys drove this stock higher today...

  • qofaslave69 by qofaslave69 Jul 4, 2014 9:26 AM Flag

    Menswear from Michael Kors will be on sale in one of its own stores outside the US for the very first time this autumn.

    The luxury brand has signed on a 15,000 sq ft flagship on London’s Regent Street.

    The space is the firm’s largest in Europe to date, pushing bosses to include the men’s line, currently only available at the SoHo flagship in New York.

    Michael Kors menswear includes clothing, accessories, fragrances and watches. Average prices range between $75 (£44) for T-shirts to $598 (£348) for bags.

    It will join other recent openings including Italian accessories label Piquadro, travel brand Tumi and Wellington boot firm Hunter.

    Chief executive John D Idol described the central London road as a “vibrant and exciting” shopping destination, adding it’s the perfect place to “present our men’s retail concept to Europe.”

    It comes as part of a £1bn regeneration of the area, overseen by The Crown Estate’s W5 development.

    The new outlet is three times the size of the current Michael Kors, just minutes down the road.

    It has not yet been confirmed whether the diffusion shop will continue to offer discounted products with the larger location in operation.

    Michael Kors will welcome menswear, along with womenswear and accessories, to 169-183 Regent Street in the coming months.

  • qofaslave69 qofaslave69 Jul 2, 2014 8:31 PM Flag

    COH is the worst performing stock in the S&P 500 this year...

  • Does anyone find it strange that John Idol met with Erinn Murphy as Q1 2015 concludes? Doy ou think it was as simple as Erinn picking up the phone, and asking for more information for KORS management? Or. was it John Idol reaching out to on elf the more knowledgable analyst to get the information out that KORS is still taking market share?

    John Idol stated at the DB conference in Paris earlier in the month that he felt he did " a terrible job" of explaining margin issue during the May conference call. He stated "I will do a much better job on the next call." Perhaps, he just wanted to get the word out that Michael Kors business has not changes and they will continue to deliver 20% + same store comps. One little note that Erinn revealed was she felt the "beat and raise cadence is still intact."

    John Idol does not like doing the "dog & pony" shows wit the financial analysts. For him to meet with an analyst at the end of a quarter tells me that we are looking at an exceptionally strong quarter. Piper Jaffray will be raising their price targets after the August conference call which is about four weeks away.

  • qofaslave69 qofaslave69 Jul 1, 2014 2:50 PM Flag

    Lots of folks will get hurt badly with GPRO...

  • Reply to

    Today's Low $87.70

    by qofaslave69 Jun 23, 2014 1:47 PM
    qofaslave69 qofaslave69 Jul 1, 2014 12:30 PM Flag

    Held low of last week....
    Should be heading higher in the next few weeks....

  • Reply to

    So Piper Jaffray reiterated a buy rating today...

    by mpoklink Jul 1, 2014 9:54 AM
    qofaslave69 qofaslave69 Jul 1, 2014 11:18 AM Flag

    I have been leery since the Jim Cramer/Herb Greenberg tag team "jaw-boned" this stock down recently. These guys know way too many people at hedge funds who will make money on both sides of the movement. There is definitely an agenda here.

    Erinn Murphy met with management yesterday, and came away impressed. All my indicators tell me that it is business as usual at KORS and they will deliver another beat and raise quarter with same store sales comps over 20%!

    The stock is completely disconnected from the business at Michael Kors.

  • Reply to

    Question for quofaslav

    by dianegest73 Jun 30, 2014 6:36 PM
    qofaslave69 qofaslave69 Jun 30, 2014 9:53 PM Flag


    I actually posted a note from Brian Tunick at JP Morgan who posted some positive things about KORS this morning. The title was "Billion Dollar Push" and he thought KORS would generate a billion dollars per year in Europe beginning in 2016.

    It is becoming increasingly difficult to wade through the morass that is the Yahoo Message Board...

    KORS is trading the same way it always has, and it always confounds the technical folks....

69.01-0.62(-0.89%)2:36 PMEDT

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