The Benefits Of An Active Approach: Richemont As A Real-Time Example - Wednesday, 26 June 2024

Unum Capital clients have benefitted from timely views on Richemont, with opportunities for cash generation on both the long (buy) and short (sell) side.

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Opportunity #1. 14 March 2024: Pre-Market Warning Regarding Downside Risk Using 'Distance' As A Risk Management Tool. The share peaked on this day.

Opportunity #2. 04 April: Preparing clients to buy the print into R2630 - R2657. The share traded into that level, from which we saw a significant rally.

Opportunity #3. 07 June: Trade Idea (Sell). The share declined sharply in the subsequent days.

Opportunity #4. 24 June: Anticipating A Near Term Rebound: The share has immediately started to rally.

In Summary Of The Opportunities Number 1 To 4 Discussed Above, The Chart Below Highlights The Opportunity Set Which Unum Capital Clients Had Access To:

Lester Davids

Analyst: Unum Capital