M Stanley Assigns HKD24 Target Price to SAMSONITE with Overweight Rating; Sales Show Positive Growth
Sales Performance: Samsonite reported positive sales growth from August to October, supported by a significant increase in US air passenger traffic in October.
Market Outlook: Despite a high base in the wholesale business for 4Q24, management remains optimistic about sales improvement in 4Q25.
Analyst Ratings: Citi has set a target price of HKD19.7 for Samsonite with a "Buy" rating, while Morgan Stanley has a higher target price of HKD24 and an "Overweight" rating.
Short Selling Activity: The company experienced short selling of $30.94 million, with a ratio of 7.019%.
Trade with 70% Backtested Accuracy
Analyst Views on 01910
About the author
Macquarie Reports: SAMSONITE Set for Dual Listing; Anticipated 4Q Results May Indicate Recovery
Dual Listing Announcement: SAMSONITE has revealed plans for a dual listing in the US through American Depositary Shares (ADS), with proceeds aimed at working capital, debt repayment, and potential acquisitions.
Shareholder Meetings Scheduled: Meetings for shareholders are set for March 19, 2026, to approve the dual listing and related financial matters.
Positive Financial Outlook: Macquarie research indicates that SAMSONITE is at a turning point, predicting a year-over-year revenue growth of 0.4% and adjusted net profit growth of 6.2% for Q4 2025.
Stock Rating and Target Price: SAMSONITE maintains an "Outperform" rating with a target price set at HKD29.
SAMSONITE Names Former Pandora North America President as TUMI's New Leader
New Leadership Announcement: Samsonite has appointed Luciano Severo Rodembusch as the President of TUMI, effective around April 1.
Rodembusch's Background: Rodembusch, 55, has extensive experience in the luxury sector, previously serving as President of North America for Pandora and holding various executive roles at Tiffany & Co.
HSI Rises by 233 Points as LI NING Jumps Over 4%; YOFC Surges 21%
Hong Kong Stock Market Performance: Hong Kong stocks rose, with the HSI gaining 233 points (0.9%) to close at 25,468, driven by China's equity market, while total market turnover fell to $183.141 billion.
Key Stock Movements: YOFC surged 21.2% amid significant turnover, while LENS and COWELL also saw gains of 4.2% and 2.6%, respectively, due to Apple's plans to expand iPhone production.
Industrial Production in China: China's industrial production year-on-year for November was reported at 4.8%, slightly below the previous value of 4.9% and below the forecast of 5%.
Gains in Various Sectors: Notable increases were seen in sportswear (LI NING +4.3%), airlines (CHINA SOUTH AIR +5.9%), luggage (SAMSONITE +3.7%), and travel platforms (TONGCHENGTRAVEL +3.4%).
HSI Rises 56 Points at Midday Driven by Surge in Lithium and Resource Stocks; LI NING Jumps Over 4%
Market Overview: The HSI rose 56 points (0.2%) to 25,291, with a total half-day turnover of $84.882 billion, while the HSCEI and HSTECH also saw modest gains.
Lithium Stocks Surge: Following Chile's presidential election, lithium stocks like GANFENGLITHIUM and TIANQI LITHIUM increased by 5.6% and 6.9% respectively, driven by concerns over lithium ore supply.
Automakers Performance: Major automakers like XIAOMI-W and BYD COMPANY experienced declines of 0.6% and 1.1%, while XPENG-W dropped 1.9%, contrasting with gains in autonomous driving stocks like PONY-W.
Resource and Airline Stocks Rise: Chinese airlines saw significant increases, with CHINA SOUTH AIR up 7.2%, while resource stocks like JIANGXI COPPER and MMG also performed well, climbing 3.6% and 3.2% respectively.
<Research> CLSA Names ANTA SPORTS, YUE YUEN INDUSTRIES, and SAMSONITE as Consumer Favorites
China's Consumption Sector Outlook: CLSA forecasts that China's consumption sector will focus on niche market development, with high-end consumption benefiting from easing monetary policy and improved stock market conditions.
Target Price Adjustments: CLSA has raised the target price for YUE YUEN IND from $16 to $18 and set a target of $13 for CHOW TAI FOOK, emphasizing the importance of upcoming peak season sales.
Art Toy Sector Analysis: The target price for POP MART has been cut to $303, with expectations that future growth may hinge on intellectual property development beyond current offerings.
Investment Recommendations: CLSA suggests investors monitor the earnings potential of companies like LI NING, ETERNAL BEAUTY, and CTG DUTY-FREE, highlighting their recent performance and short selling ratios.
<Study>CLSA Consumer Ratings and Target Prices (Table)
Stock Performance Overview: Several companies, including Samsonite and Anta Sports, showed mixed stock performance with varying short selling ratios, indicating market sentiment and trading activity.
Recommendations and Target Prices: Analysts have given "Outperform" ratings to multiple companies, including Pop Mart and Shenzhou International, with target price adjustments reflecting expected performance changes.
Short Selling Insights: Notable short selling activity was observed in companies like Pop Mart and Li Ning, with ratios indicating significant market speculation against these stocks.
Related News Highlights: Chow Tai Fook reported a slight increase in interim net profit and raised its full-year profit margin guidance, reflecting positive management outlook amidst market fluctuations.
Macquarie Reports: SAMSONITE Set for Dual Listing; Anticipated 4Q Results May Indicate Recovery
Dual Listing Announcement: SAMSONITE has revealed plans for a dual listing in the US through American Depositary Shares (ADS), with proceeds aimed at working capital, debt repayment, and potential acquisitions.
Shareholder Meetings Scheduled: Meetings for shareholders are set for March 19, 2026, to approve the dual listing and related financial matters.
Positive Financial Outlook: Macquarie research indicates that SAMSONITE is at a turning point, predicting a year-over-year revenue growth of 0.4% and adjusted net profit growth of 6.2% for Q4 2025.
Stock Rating and Target Price: SAMSONITE maintains an "Outperform" rating with a target price set at HKD29.
SAMSONITE Names Former Pandora North America President as TUMI's New Leader
New Leadership Announcement: Samsonite has appointed Luciano Severo Rodembusch as the President of TUMI, effective around April 1.
Rodembusch's Background: Rodembusch, 55, has extensive experience in the luxury sector, previously serving as President of North America for Pandora and holding various executive roles at Tiffany & Co.
HSI Rises by 233 Points as LI NING Jumps Over 4%; YOFC Surges 21%
Hong Kong Stock Market Performance: Hong Kong stocks rose, with the HSI gaining 233 points (0.9%) to close at 25,468, driven by China's equity market, while total market turnover fell to $183.141 billion.
Key Stock Movements: YOFC surged 21.2% amid significant turnover, while LENS and COWELL also saw gains of 4.2% and 2.6%, respectively, due to Apple's plans to expand iPhone production.
Industrial Production in China: China's industrial production year-on-year for November was reported at 4.8%, slightly below the previous value of 4.9% and below the forecast of 5%.
Gains in Various Sectors: Notable increases were seen in sportswear (LI NING +4.3%), airlines (CHINA SOUTH AIR +5.9%), luggage (SAMSONITE +3.7%), and travel platforms (TONGCHENGTRAVEL +3.4%).
HSI Rises 56 Points at Midday Driven by Surge in Lithium and Resource Stocks; LI NING Jumps Over 4%
Market Overview: The HSI rose 56 points (0.2%) to 25,291, with a total half-day turnover of $84.882 billion, while the HSCEI and HSTECH also saw modest gains.
Lithium Stocks Surge: Following Chile's presidential election, lithium stocks like GANFENGLITHIUM and TIANQI LITHIUM increased by 5.6% and 6.9% respectively, driven by concerns over lithium ore supply.
Automakers Performance: Major automakers like XIAOMI-W and BYD COMPANY experienced declines of 0.6% and 1.1%, while XPENG-W dropped 1.9%, contrasting with gains in autonomous driving stocks like PONY-W.
Resource and Airline Stocks Rise: Chinese airlines saw significant increases, with CHINA SOUTH AIR up 7.2%, while resource stocks like JIANGXI COPPER and MMG also performed well, climbing 3.6% and 3.2% respectively.
<Research> CLSA Names ANTA SPORTS, YUE YUEN INDUSTRIES, and SAMSONITE as Consumer Favorites
China's Consumption Sector Outlook: CLSA forecasts that China's consumption sector will focus on niche market development, with high-end consumption benefiting from easing monetary policy and improved stock market conditions.
Target Price Adjustments: CLSA has raised the target price for YUE YUEN IND from $16 to $18 and set a target of $13 for CHOW TAI FOOK, emphasizing the importance of upcoming peak season sales.
Art Toy Sector Analysis: The target price for POP MART has been cut to $303, with expectations that future growth may hinge on intellectual property development beyond current offerings.
Investment Recommendations: CLSA suggests investors monitor the earnings potential of companies like LI NING, ETERNAL BEAUTY, and CTG DUTY-FREE, highlighting their recent performance and short selling ratios.
<Study>CLSA Consumer Ratings and Target Prices (Table)
Stock Performance Overview: Several companies, including Samsonite and Anta Sports, showed mixed stock performance with varying short selling ratios, indicating market sentiment and trading activity.
Recommendations and Target Prices: Analysts have given "Outperform" ratings to multiple companies, including Pop Mart and Shenzhou International, with target price adjustments reflecting expected performance changes.
Short Selling Insights: Notable short selling activity was observed in companies like Pop Mart and Li Ning, with ratios indicating significant market speculation against these stocks.
Related News Highlights: Chow Tai Fook reported a slight increase in interim net profit and raised its full-year profit margin guidance, reflecting positive management outlook amidst market fluctuations.
