So how much do you know about the state of mind of Chinese cognac drinkers? And are you confident enough to back your view with cash? If the answers are “plenty” and “yes”, then go ahead and buy shares in Rémy Cointreau, which reported results on Tuesday. Exposure to China’s wealthier consumers has been a boon to Rémy, which specialises in high-end cognac. Profit growth has averaged 20 per cent for the past four years. That is better than rivals have managed, so Rémy’s shares, which were rated in line with Diageo and Pernod Ricard four years ago, now enjoy a premium. They trade on 23 times forecast earnings, against 18 times for the other two.
你对干邑白兰地(cognac)的manbetx3.0 顾客的心态了解多少？你有没有足够信心用金钱押注自己的观点？如果上述两个问题的答案是“了解足够多”和“是的”，那么尽管去买人头马君度(Remy Cointreau)的股票吧，该公司周二公布了业绩报告。受manbetx3.0 的富裕消费者青睐，近年对人头马来说是一个福音，该集团专长于高端干邑。过去四年的平均利润增长达到20%，胜过竞争对手，因此人头马的股价存在溢价，而四年前其估值与帝亚吉欧(Diageo)和保乐力加(Pernod Ricard)相仿。其预期市盈率是23倍，而后两者为18倍。