There are 557M shares of L'Oreal. The Meyers family holds 200M (36%) and Nestle holds 167M(30%), which leaves 190M(34%)to be traded. Nestle covets a majority stake which will greatly increase their price per share. While the Meyers family waits to get their price the L'Oreal stock rises. It is under valued and pays a small but steady dividend while you wait for things to unfold. Both are among the best managed companies in the world.
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Named as possible takeover target for Berkshire Hathaway.
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cant support a company that continues to purchase palm oil, sold all my shares.
J
L'Oreal up 18% since 1 PM Wednesday. Estee Lauder is up 7%, same period.
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L'Oreal Mon 14 Sep 140x332.74=46,583.60
J
Notice how there are rarely any buys of L'Oreal, just sells and sometimes for a single share! It is like morse code or something.
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Buy COTY guys. 30% gain easily the next few weeks.
J
LRLCF holds its own great on bad U.S. market days. There is a beneficial disconnect!
J
Comparison chart your favorite stocks to LRLCF (L'Oreal) it probably will be an eye opener.
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Dividend?
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where is the conversation about Amber Heard abusing her husband and then being named a domestic violence victim advocate?